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  1. Feb 15, 2024 · 'Barmy' But back to why a recession is now usually defined as two consecutive quarters of economic decline. A delve into the BBC News archives can help here.

  2. Sep 27, 2022 · The stinging rebuke from the International Monetary Fund reflected similar concerns from the world's major finance ministries that a crisis brewing in the UK could spill over into a global...

  3. Sep 10, 2013 · Money. Faisal Islam Has Spent Five Years Watching Europe Collapse. His book, The Default Line: The Inside Story of People, Banks, and Entire Nations on the Edge, documents the 2008 financial...

  4. Sep 10, 2013 · From the UK housing bubble to the raids on Cyprus’ banks, he’s witnessed more than his fair share of the avarice, egoism and lunacy that’s dominated European economics for the past five ...

  5. Oct 20, 2013 · Faisal Islams The Default Line is a happy corrective that puts the crash, its causes and its consequences into the necessary perspective. Its extraordinary range captures the extraordinary...

  6. Apr 12, 2019 · Briefly. But it was a small majority. And the Cameron majority government was repeatedly pinned down by rebellion, failed to get its budgets through without major U-turns, and was the subject of detailed eurosceptics plotting over the terms of the Brexit referendum.

  7. Oct 12, 2022 · The Bank was never trying to prevent a fundamental repricing of UK debt to reflect new government spending plans, and a change in global interest rate conditions. That is not its job.