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Tag: Bank of England

British Lose Confidence in Banks

Britain’s four largest banks have reported that clients have withdrawn £78 billion, marking the steepest bank run since 2018. NatWest, Barclays, Lloyds, and HSBC...

The UK is Not Prepared for a Prolonged Recession

People are simply not prepared for a sharp economic downturn. The Money and Pensions Service conducted a poll in the UK in which it found around 25% of adults have...

The Bank of England All but Admits Recession

The Bank of England (BoE) all but admitted the UK is officially in a recession. Bank Governor Andrew Bailey stated weeks ago that there was nothing the central bank...

British Pound Falls to 37-Year Low

The Bank of England has admitted defeat, admitting they cannot prevent a recession. The pound fell to the lowest level against the USD on Wednesday afternoon after...

Bank of England will Remain Outside of the Eurozone

QUESTION: Dear Martin, I am a follower of your blog since I saw your film on a plane coming back from the US. Recently I purchased access to the private blog...

Central Banks Pre & Post-1971

QUESTION: You commented that the central banks had a difficult position when they were on the gold standard compared to post-1971. Could you explain that...

BREXIT – Bank of England Researching Departing From EU

The Bank of England is studying the implications of a possible British exit from the European Union, as it slipped in an email to the Guardian acknowledging such a...