Skyrocketing government debt could rattle global financial markets, BIS head warns

Rising sovereign debt could disrupt global financial markets, the head of the body that advises central banks said on Sunday ahead of France’s high-stakes parliamentary elections. Agustín Carstens, chief executive of the Bank for International Settlements (BIS), said the global economy was heading for a “soft landing” after the inflation crisis, but he warned that … Read more

‘My anxiety levels are skyrocketing’: The mortgage suffocation facing older Brits

As more people take out long-term mortgages, concerned homeowners tell the Money team they will have to work longer and later in life to pay what they owe. By means of Katie Williams, live news reporter @katiejnwilliams Monday June 24, 2024 3:38 PM, UK Many of us see retirement as a peaceful winding down after … Read more