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  • Article / 24 July 2017 at 8:00 GMT

    UK may be racing towards a car loan crisis

    Managing Partner / Spotlight Group
    United Kingdom
    UK may be racing towards a car loan crisis
    UK car sales are soaring despite flat or falling household incomes, with households borrowing heavily to buy assets that don't hold onto their value in the long term. There are clear risks in the car industry’s growing reliance on personal contract purchase (PCP) lending.
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    2y
    phil c phil c
    Thanks for a great article. I also feel there is trouble brewing. e.g. I've heard anecdotes of many people spending their PPI compensation lump sums on car...
    1y
    Julia Summer Julia Summer
    Thanks for this helpful article. It explains a lot of what is currently going on in the country and worlwide. Yes, I had to buy a new...
    1y
    Vselena Vselena
    Hi there! Thanks for posting this article. It's really useful for common people to read and get to know what is going on and how much we...
  • Article / 23 October 2014 at 8:36 GMT

    Daily Shot: Russia's crude awakening

    TradingFloor.com Team / Saxo Bank
    Denmark
    Crude oil prices continue to slide, driven in part by a strengthening US dollar. This might be good news for consumers, but it is wreaking havoc on energy producers and the nations — such as Russia — that depend on them. Meanwhile, slumping coffee futures could mean cheaper beans... and a jittery, over-alert Northern hemisphere winter.
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    5y
    DP DP
    Thanks Walter. I like your style -- a few words, lots of graphs.

    "If there are fewer covenants to violate, there is less to worry about" --...