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Fears grow over impact of ONS data reliability on Rachel Reeves’s budget
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Troubles at UK statistics body are muddying economic picture for Treasury
and spending watchdog, sources warn
Deep problems at the UK’s statistics agency...
24 minutes ago
Seed Newsvine
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Society has come a long way since, but not far enough. There is still a presumption that blood can be squeezed from a stone. That’s true in the U.S. housing market, where banks continue to insist that they will be able to collect full repayment of wacky mortgage loans that they never should have made in the first place. And it’s true in Europe, where creditor nations and banks are dragging their heels on writing down the sovereign debt of Greece, Ireland, and Portugal.
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