Wednesday , April 26 2017

Banking

Bank of England reviews consumer credit surge as Citi warns of ‘bubble’

BOE copy

  Bloomberg UK regulators are starting a review into consumer borrowing after the Bank of England warned again about a potentially unsustainable buildup of debt. In a statement on Monday after its quarterly meeting, the BOE’s Financial Policy Committee said household indebtedness “remains high by historical standards and has begun ...

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