Stock markets have also crept north, most now back to where they were before Feb’s ‘correction’. Our own FTSE is up 12%, having been down 12% although many fund managers are ‘seriously underweight UK equities and bonds’, which means they’re taking a long-term, unpatriotic view on the likely effects of Brexit. It would be interesting to know whether Messrs Gove/Johnson/Duncan Smith are putting their money where their mouths (far too often) are and have instructed their own stockbrokers to go ‘seriously overweight’.
“Global stock markets fall sharply amid fears over inflation and China slowdown”
Diesel at my local filling station now costs over £7.50 a gallon (kids etc.). Not my problem these days, but I’m sadly old enough to remember the furore in the 1970s when the price went up to 50p a gallon.
