BBA Voice

In this section our policy experts give their views on the latest news and developments in the banking industry

30th Jun 2014 Back to top
26th Jun 2014 Back to top
  • The FPC makes its first foray into macro-pru

    Richard Woolhouse, Chief Economist, BBA

    The FPC has announced plans to introduce two new measures to act as insurance against a runaway house price boom. The cap on the share of new mortgages over mortgages with above 4.5 times loan to income ratio of 15% and 3% stress test on borrowers will have minimal impact on the housing market in the short-term. However, they serve as cautious backstops that are likely to affect the much more buoyant markets in London and the South East without undermining the supply of mortgage credit elsewhere.

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    Written by Richard Woolhouse, Chief Economist, BBA

25th Jun 2014 Back to top
24th Jun 2014 Back to top
  • Latest mortgage data suggests FPC could hold fire

    Richard Woolhouse, Chief Economist, BBA

    In his latest BBA Voice article our Chief Economist Richard Woolhouse looks at the possibilities of the Bank of England’s Financial Policy Committee taking action to cool the housing market.  He suggests that the housing market is itself showing signs of moderating as new lending tests are implemented. He concludes:  “The need for the FPC to act alone is less necessary than it was just a few weeks ago and so I expect them to hold fire on any significant tightening which would impact the housing market directly.”

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    Written by Richard Woolhouse, Chief Economist, BBA

17th Jun 2014 Back to top
13th Jun 2014 Back to top
12th Jun 2014 Back to top
9th Jun 2014 Back to top
  • Joining forces to fight cyber crime

    Anthony Browne

    Evolution is one of the wonders of human nature. For thousands of years we have been adapting to survive and innovating to improve our lot. This is what sets us apart from other species.

    But innovation isn’t always good. The internet has revolutionised our lives for the better but it has also created new opportunities for those who would do us harm.  Hackers, criminals and even foreign governments are actively looking for ways to defraud customers, steal information and to hold companies to ransom by creating debilitating attacks on websites and IT infrastructure.

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    Written by Anthony Browne