All the fund manager presentations are focusing, not on interest rates, but they’re controlling...
Finance
“Bank of England raises interest rates to 5.25%”
If you beat someone or something for long enough, submission will follow one way or another. One...
“HSBC profit more than doubles as interest rates rise”
I’ve been running my own business for many a year now, but the great thing is that there’s always...
“Weekend Essay: Why I won’t be saying goodbye to ERNIE anytime soon”
I have been a big fan of Premium Bonds for many years now, and still regularly recommend them as...
“Nearly 1.8mn savers trigger tax penalty on cash savings interest”
Like love, stealth taxation is all around us. Those oh-so-reluctantly given public-sector pay...
“Bank of England meets expectations with 25bps hike”
The ‘meets expectations’ is the key here. The BofE feels obliged, as it’s their ‘job’ to keep...
“Bank of mum and dad drives economic inequalities”
Not sure if there are any surprises or changes to the world order here. It was ever thus, that...
“BoE raises base rate to 4% marking 15-year high”
Rumours were that, if interest rates went up, it would be by 25, not 50 'basis points (a quarter...
“Easy-access savings rates at highest UK level since 2009”
Last week’s Budget/Financial Statement will mean that many with shares who currently don’t, will...
“Autumn Statement 2022: Key points at-a-glance”
Rather than rehash everything that will be in the headlines, I thought it might be helpful to...
“UK energy and food prices push inflation to 41-year high”
My memories of 1981 are of a great year, full of discos and Greek sunshine and friends. That was...
“Bank of England warns of longest recession in 100 years as it raises rates to 3%”
Remember the good old days, when growth was king, tax cuts and not tax rises were the order of the...
“UK interest rates: How high could they go?”
Rates are at 2.25%, and could double by next year. Bad news if you have a mortgage; but spare a...
“Chancellor scraps 45p income tax change in ‘embarrassing’ U-turn”
I wish this U-turn had been for the right, or for even vaguely altruistic reasons. For instance,...
“Only 15% of public support plan to axe bankers’ bonus cap”
Political suicide? Have they already given up on the Red Wall and so are looking to cement...