Posts

“We’re Not Sleepwalking, Mr. Brown” Says Castlight Financial

Gordon Brown’s warning this week that “We are in danger of sleepwalking into a future crisis”, is keeping me awake at night.

I couldn’t agree more. In fact, I’ve been putting out this message all last year. Read more

CaaS – Built for the Fourth Industrial Revolution

In his recent Mansion House speech “New Economy, New Finance, New Bank” Mark Carney referred to the brave new world we inhabit as the Fourth Industrial Revolution. We are living in an age characterised by a technological tsunami that is constantly changing and shaping the way we live, work and interact with each other. Read more

Bank of England Turns Spotlight on “Pocket of Risk”

The Bank of England’s news release, following its September Financial Policy Committee (FPC) meeting, warned that whilst the overall domestic credit environment was pretty stable, there was a “pocket of risk in the rapid growth of consumer credit”. Read more

Mark Carney is Right

A few weeks ago, I used this blog to welcome Mark Carney’s warning that families are seriously over-indulging on car finance and credit card debt. And this week, the Castlight team were delighted to see two pages of the The Sunday Times newspaper reporting on Bank of England initiatives to demand more detailed information from lenders on how they approve loans. Read more

Mark Carney’s Warning: We Need a New Zeitgeist of Affordability

Mark Carney warned this week that Britain could be heading for another economic crash as households over extend on consumer credit. It seems, as a nation, we have short memories. Read more