msi

Yet strangely our armchair statisticians know the 'truth'. I wonder how they have so much time after dispensing knowledge on Airborne viruses, epidemics, Eastern Europe, the mid east, and, of course, the DeEp StAtE.....

Yes. What's shocking is the expectation of a return to ZIRP. 2024 is going to be a reckoninig.

Telling. Welcome to the new 'normal'

More people will be feeling the heat and under pressure to rise in productivity or be feeling a soggy bottom as those who used their loaves get ahead.. #I'llGetMyCoat....

Are so reality isn't matching your expectation. Got it. In other news you aren't Brad Pitt, a Billionaire, and US president. The rest of the world is too late as usual

This is the point. Failing from previous highs != return to ZIRP Pain is stil inevitable

They swapped their central back for the US Fed. So much for 'sovereignty'...

Suspended Tory MP Scott Benton faces 35-day Commons ban MP Scott Benton faces being suspended from Parliament for 35 days over a "very serious breach" of standards rules. A standards committee report said the MP had given the message "he was corrupt and 'for sale'". How is this different from the rest of the Tories?...

Yields crumbling...well apart from fixed rates. A lot of folk are going to get huge positive returns for doing very little. Makes you wonder why put effort into BTL?

I've wondered why that was a surprise when it's been the pattern with China for 6000 years.

Yawn. There are no 'remainers' now. We lost remember? There are Br*xit pragmatists and B*t sh*t crazy ideologues.

That's why i like to update it

They do care. They have to value the arrears on their balance sheet and if it doesn't look like it'll be paid they take the hit. Agreed. A small number isn't a pain, but increasing arrears will get attention from the PRA and trigger revaluations well ahead of any move to reposess

I'm not denying it, but I'd like to see actual evidence more than anecdote.

I don't want to take this off topic, but my understanding is you can't just rock up to a food bank. You need to be referred by a support agency (GP, Social Worker etc) so wouldn't that cover the identify and eligibility checks?

How long until banks have to take a valuation hit on their balance sheet? Banks are encouraged to give 'forebearance' with low IRs and QE to support them. With the economy slowing that tanks GBP and risks capital flight so IRs can't be dropped. In this world, arrears are not going to be paid so someone needs to suffer the write down.

Ah still sore that you won?

VoIcE oF tHe PeOpLE iNnIt...

It will go bust and be born again to be privatised. Tax payers pick up the bills as usual

Oh far better, but you wouldn't understand would you. would you?

But you are real and not just another 'persona' aren't you. Aren't you????

I try and give you a chance to redeem yourself but you fail. Every argument you put forward is tired tropes from 5 decades ago. I guess you've reached the level you already aspire to

til AI decides you are 'surplus' to requirements and better off 'recycled'...

US toy giant Hasbro making more job cuts The maker of Transformers action figures and Monopoly will lay off about 1,100 workers globally - close to 20% of its staff.

Yes equate Labour kicking the last 17 years of prior tory rule to the Tories wailing about ReD cOmMiE LaBoUr from the 70s over half a century ago.