Wake Up to Money

by BBC · · · · 89 subscribers

News and views on business and the world of personal finance. Plus the very latest from the financial markets around the globe

'Reluctant, risk-averse jerks'....the words of one Bank of England rate-setter talking about the banks on WUTM yesterday....we find out what banks have to say. We also look ahead to the latest insolvency numbers. And finally, does the pace of spending cuts threaten permanent damage to the UK economy...a leading thinktank …
Greece's economic future hangs in the balance today as it tries to agree an austerity package to prevent a catastrophic debt default. In the UK...bank lending is likely to shrink this year - for the first time since the dark days of the financial crisis....and we'll be hearing why so …