April 14, 2025 /Mpelembe Media/ — Equifax’s 2024 Global Consumer Credit Trends Report offers a broad analysis of consumer credit conditions across ten countries, leveraging the Equifax Cloud™ for enhanced data insights. The report highlights trends in consumer credit demand, debt, delinquencies, and credit card usage, alongside inflation trends. Continue reading
Charles Read, University of Cambridge
A former prime minister of Britain, Harold Wilson, is famous for remarking that a week is a long time in politics. But in the world of finance, it seems everything can change in just two days.
Jonquil Lowe, The Open University
The Bank of England has raised its base rate by 0.5 percentage points, the largest single upward jump in 27 years. It takes the base rate to 1.75%, its highest level since 2008. This latest interest rate hike will affect personal finances and reflects the Bank’s efforts to control rampant inflation amid the cost of living crisis in the UK.