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BoE granted new powers over UK landlord mortgages

Bloomberg The Bank of England (BoE) has been granted the ability to limit borrowing by investors in rental housing, increasing the central bank’s control over the property market. The BoE’s Financial Policy Committee has been given new powers to cap buy-to-let mortgage lending by regulating loan-to-value and interest coverage ratios, the UK Treasury said in a statement. UK benchmark interest ...

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Draw the curtain on Democrats’ theater of pointless gestures

  Seventeen days before President Donald Trump, his spoken oath of office still lingering in the wintry air, lifts his left hand from Scripture (a leather-bound edition of “The Art of the Deal”), the Republican-controlled Congress will begin working. Fittingly, on Jan. 3 the First Branch of government will go first, flexing its somewhat atrophied Article I muscles. When Trump ...

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How working in VR could make you more productive

  If you’re willing to strap on a headset and headphones, virtual reality can immerse you in another world. This teleportation act is great for gaming, but it also got me thinking: Can the distraction-dimming effects of VR transport the typical office worker out of an open office and away from chatty co-workers, and perhaps help with focus and productivity ...

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