You are here

BOE's Carney has 200b reasons to fret about consumer debt

Mr Carney will have to keep a close eye on consumer borrowing as household credit is rising five times faster than earnings.


BANK of England (BOE) governor Mark Carney has 200 billion reasons to keep an eye on consumer borrowing and he's about to find out just how concerned he should be.

With household credit rising five times faster than earnings, alarm bells are ringing and regulators have fast-...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to