Every single joke and witty aside that could be, has been made. So I thought that some idea of the...
Economy
“Big public spending cuts loom as ‘£40bn of savings needed’”
I heard one of this week’s batch of ministers talk of the ‘efficiency savings’ that can apparently...
“Pound hits all-time low against dollar after mini-budget rocks markets”
It may have felt a rubbish year if you have funds invested with us. If you took the plunge this...
“Inflation rises to fresh 40-year high of 9.4%”
The two opposing views. Half-empty, we’re heading back to the ‘70s, oil price soaring, unions...
“Andrew Bailey: Soaring inflation to hit UK economy harder than other nations”
Sorry, really don’t get this, Mr. Bailey. You’re saying that the ‘drivers’ of inflation are energy...
“UK inflation rises to 9.1%, its highest rate in 40 years”
Some fund manager speak: ‘Inflation is moving from acceleration to persistance’. Which means that...
“US firms add more jobs than expected in May”
Here’s what keeps my No Recession glass at least half-full. Both here and in the US there are more...
“UK inflation soars to 9% in April”
It’s the economic consequences of war and pestilence, rather than the devastation and plague...
“Inflation will remain the dominant question for markets in 2022”
Like old age, inflation will creep up on us. The percentage increases in CPIs and RPIs don’t mean...
“UK sees highest inflation in over a decade”
Here’s another feel-good seasonal story. Inflation’s (sort-of) fine if your income or the value of...
“UK economic growth slows sharply in October”
Is this a surprise? And is it anything to worry about? It would be surprising, I’d say, if growth...
“Morrisons: Bidding war looms for supermarket as rivals circle”
Those old enough, and younger cineastes will remember ‘Wall Street’. Michael Douglas’s character...
“UK not on course for return to 1970s inflation”
‘The return of inflation’ has been a hot topic with fund managers for 10 years or more. Many seem...
“UK retailers report more inflation pressure as economy reopens”
Here’s confirmation of this headline, from just one supplier to a retailer close to me: ‘Since our...
“UK borrows £34bn in December as public sector debt set to increase through 2021”
All our fears of tax rises and decades of austerity could, of course, be completely unfounded....