Article VK58 Consumer spending rise troubles Bank of England

Consumer spending rise troubles Bank of England

by
Heather Stewart
from Economics | The Guardian on (#VK58)

Chief economist Andy Haldane says financial policy committee could look into recent rise in personal loans

Bank of England policymakers may need to take action to prevent a risky consumer borrowing binge as the economy recovers, the bank's chief economist has warned.

Related: Bank of England governor Mark Carney: no plans to abolish cash - live updates

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