UK consumer credit Latest figures from the Bank of England (BoE) show UK consumer credit rose by 9.8% and is now at £201.5 billion. This figure excludes mortgage lending. That’s high, even though it was the lowest since April 2016. Debt in the UK and globally is unsustainably high! Is …

UK Economic growth slows UK Economic growth slows as latest data suggests UK economic growth appears to remain sluggish. With the backdrop of a weaker pound and improving global growth its somewhat surprising exporters aren’t doing better than this data suggests. The service sector also appears to have slowed. Consumer …

Interest rates, consumer spending and debt What is the relationship between interest rates, consumer spending & debt? If personal debt levels are rising to abnormal levels again and if the UK recovery is relying on the consumer to spend more – surely the UK’s low interest rate policy is simply …