Household debt: Economic indicators
Debt levels affect how much households spend. Find the latest data on UK household debt, mortgage rates and insolvencies.
This short note describes what legal tender means and what determines the acceptability, or otherwise, of Scottish banknotes in the rest of the United Kingdom.
Scottish banknote issuance (192KB PDF)
This short note outlines the arguments surrounding the acceptability, or otherwise, of Scottish banknotes. The term ‘legal tender’ is an extremely narrow legal construct and has very little to do with how acceptable a bank note is for payment. Various attempts have been made to clarify the position and to improve the standing of Scottish banknotes. The latest is described here.
Scottish banknote issuance (192KB PDF)
Debt levels affect how much households spend. Find the latest data on UK household debt, mortgage rates and insolvencies.
While credit unions play prominent roles in financial sectors across the Anglosphere and in Northern Ireland, in Great Britain penetration is low. This briefing looks at the reasons why and legislative efforts to make credit unions more popular.
Answers to frequently asked questions relating to banking, credit, mortgages, investments and financial service fraud.