It’s time to drop the dead data, Bank admits

Ben Broadbent accepted that the economy had slowed less than forecast but played down positive figures RICHARD POHLE FOR THE TIMES The Bank of England will be less “data dependent” when setting interest rates in future because Brexit is likely to dent medium-term...

House prices: Mortgage borrowing dives in July

Experts are unsure whether slump reflects seasonal lull or broader slowdown that could hit valuations Mortgage borrowing fell markedly in the first month following the vote for Brexit, according to figures published yesterday by the Council of Mortgage Lenders (CML)....