All sorts of mixed economic news for our little-old economy this week. There was ’negative growth’...
Economy
“UK inflation falls more than expected to 7.9% in June”
There are as many versions of inflation in the big world of the economy as there are in our humble...
“Interest rate hike triggers largest wealth decline for UK households since WWII”
You might not have realised it, but ‘over the past four decades, wealth has soared across...
“Bank of England says UK economy coping with higher rates”
So here’s the good news. We plucky Brits are getting on with life in the face of rising interest...
“Wage growth was 7.3% from March to May in blow to Bank of England”
It’s very easy to point fingers at the memory of, just a couple of short years ago, the promise of...
“Britain’s inflation pain is mostly self-inflicted and getting worse”
“How do you build your business and increase your profits” was the subject of a webinar this week....
‘Inflation remains unchanged’
As inflation remains unchanged and interest rates head up again, there’s ‘no hope on the horizon...
“Jeremy Hunt ‘comfortable’ with recession to bring down inflation”
‘If it isn’t hurting, it isn’t working’ said another Tory Chancellor, Norman Lamont, at the height...
“Argentina raises interest rate to 97% as it struggles to tackle inflation”
This should put our moans about inflation and interest rates in some context. Putin and...
“UK economy to shrink by 0.3% – the worst of any G7 country, as IMF warns of more turmoil”
An ‘alternative’ (GB News) headline spoke of doom-mongering, Johnny-foreigners talking down our...
“Interest rate rises to 4.25% after jump in inflation”
I think most civilised teachers and parents know that corporal punishment doesn’t work and just...
“What Recession? Some Economists See Chances of a Growth Rebound.”
Every fund manager update I’ve read in the past couple of weeks has asked, or tried to predict,...
“UK wages grow faster than expected in the last quarter of 2022”
So here’s the dilemma for the Bank of England. Do they push up interest rates further, pushing...
“BoE’s Bailey predicts ‘powerful downward forces’ will rein inflation in”
On the same day, another headline threw itself at me: ‘High inflation will be with us for years,...
“How the world economy could avoid recession”
Fund managers can often sound like politicians; or economists; or even weather forecasters. ‘The...