Borrowing & debt
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Watchdog to examine how lender decides whether applicants can afford its loans, and how it treats customers facing difficulties
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Bank for International Settlements’ quarterly health check warns global economy resembles era just before financial crash
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Decline will soothe Bank of England fears about reckless lending while household incomes are being squeezed
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Philip Hammond could be putting the UK on course for another recession
Richard PartingtonFalling real incomes, rising debt and low productivity are pushing us towards the danger zone – and measures announced in the budget may not be enough -
Nothing in Philip Hammond’s budget indicated that he has any idea of the scale of the challenges facing Britain, writes Miatta Fahnbulleh of the New Economics Foundation
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An optimistic, gaffe-free chancellor offered enough to keep his key to No 11 – at least for now
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The 9.9% annual growth figure further adds to concerns of unmanageable debt among UK households
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Survey reveals 6m Britons fear never being debt-free with 25% struggling to make ends meet and 62% worried about personal debt levels
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Usually dire retail predictions turn around by Christmas, but this year things feel different, with real incomes falling, prices up and borrowing high
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A £600 computer can cost £2,000. But now the rent-to-own retailer has to repay £14.8m to customers
Nils Pratley on finance Questions remain over the FCA inquiry into RBS