A recent report from the Bank of England shows that mortgage lending dropped significantly in July, making it the second-lowest mortgage lending month since records began in 1993. According to the figures released net lending for July totalled £86m, a vast reduction compared to June’s total of £518m. The announcement from the Bank of England [...]
For well over a century the auto-industry has changed little. Since the creation of the automobile in 1885 by Karl Benz, the idea of manufacturing a horseless carriage powered by a combustion engine has remained the accepted norm. Except for aesthetics and updated mechanics, the general concept of the car remains virtually identical to Karl [...]
Be upstanding and amazed by the ‘Mighty Fed’
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