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Tag Archives: economy
Can the Treasury ask the Bank to ease regulation?
Last week, the UK government announced that it would temporarily increase the bank corporation tax from 3% to 6%. On the very same day, Chancellor John Healey sent a letter to Andrew Bailey, the Governor of the Bank of England, … Continue reading
Borrower-based macroprudential tools (3/4): When success is hard to observe
In the first two posts of this series (here and here) I have argued that the case for borrower-based macroprudential tools is sound and that, while they appear to be effective, they have distributional costs. I finished the previous post … Continue reading
