SIR – In 1997 Gordon Brown removed the government from the process of setting interest-rate levels, and gave the task to the Bank of England. The result is that the governor of the Bank cannot be sacked for ineptitude (Letters, June 22), so he is constructively unaccountable for failure in...
Inflation
SIR – In 1997 Gordon Brown removed the government from the process of setting interest-rate levels, and gave the task to the Bank of England. The result is that the governor of the Bank cannot be sacked for ineptitude (Letters, June 22), so he is constructively unaccountable for failure in...
Mortgage brokers also have a financial incentive to promote two-year fixed mortgage deals. For each deal brokered, they usually get a commission, or procuration fee, from the lender worth around 0.35pc of the loan, Hollingworth says. Many brokers also charge the buyer a commission fee of up to 1pc. Hollingworth...
SIR – I write as one of Mark Carney’s former academic supervisors at Oxford. You report him (June 17) as attributing Britain’s current inflation and concomitant interest rates simply and solely to Brexit, with not so much as a mention either of quantitative easing (whose unbridled pursuit in this country...
When the tax was introduced in 2017 it affected only 200,000 owners The AA last night urged Ministers to set the threshold much higher More than two million UK drivers have been made to pay a controversial tax for luxury cars due to soaring inflation costs, The Mail on Sunday...
ATLANTA (AP) — Entering court using a walker, a doctor’s note clutched in his hand, 70-year-old Dana Williams, who suffers serious heart problems, hypertension and asthma, pleaded to delay eviction from his two-bedroom apartment in Atlanta. Although sympathetic, the judge said state law required him to evict Williams and his...
Getting Ready This year has already shattered weather records in Asia. Now the official start of El Niño is underway, according to the US Climate Prediction Center, and the conditions are projected to intensify in the months ahead. What scares many scientists is that in recent years — even without...
By David Wilcock, Deputy Political Editor For Mailonline 11:57 09 Jun 2023, updated 12:27 09 Jun 2023 35% of voters said economy would determine which party they would back Just 9% said that immigration was the most pressing concern for them Tory hopes of retaining power at the next election...
Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow Wells Fargo strategist Christopher Harvey detailed the incredible speed with which AI is being adopted by corporate America, “We recall a generation ago how some firms resorted to fuzzy metrics and logic when trying to...
SIR – I read with horror that Rishi Sunak wants to cap food prices (report, May 29). This Government is more Left-wing than anything since 1979. Margaret Thatcher abolished all these socialist ideas because they don’t work. Inflation in food prices is caused by energy costs and will abate when...