BoE's Bailey says high energy prices make it harder to leave rates on hold

Over the past decade, the housing sector has seen no shortage of pledges and policy announcements from successive governments. However, Andy Burnham’s first act in office – a pledge to end rough sleeping, followed by a promise of the largest council housebuilding programme since the post-war period – has placed housing at the centre of…

Brooklyn developer and aspiring airline mogul Ezra Unger has been banned from selling condos in New York state for six years. An investigation by the New York Attorney General’s office found that Unger sold units and collected payments from buyers for a condo project at 427 Marcy Avenue in Williamsburg before the AG approved a…

Growth is a priority for nearly every advisory firm. But as client expectations expand and the business of wealth management becomes more complex, growth increasingly depends on an advisor’s ability to create capacity. Jason Diamond speaks with Michael Kim, CEO and President of AssetMark, about why the strongest firms are intentional about where advisors spend…

A report says Intel is in early talks with SK Hynix, which is considering some sort of partnership that would enable it to make memory chips in the U.S.

News release Under plans in a consultation published today, funded reinsurance – which involves UK life insurers paying a large up-front premium to a reinsurer in return for future payments – would be treated more like other investments that UK life insurers hold, ending a regulatory inconsistency.   As a result, UK life insurers using funded…

It’s All Debt to Me, by Professor Kate Elengold, is a newly available article sure to be of interest to many Credit Slips readers. Check out the abstract and read the paper by clicking on this link, but in the meantime, an observation from the article’s conclusion, coupled with the article’s graphic of a set…