Thursday at the Bank of England was much like any other day. And then…nothing happened (one for...
Inflation
“Will 2023 escape the much-feared recession?”
Is recession just a state of mind? Well partly, as it all depends where you are, what you’re doing...
“UK economy ekes out growth in August but not enough to prompt more rate rises”
Great news, our economy grew in August! Well, only on the face of it, apparently. You might think...
“UK economy slides by a steeper-than-expected 0.5% in July”
All sorts of mixed economic news for our little-old economy this week. There was ’negative growth’...
“Treasury yields and dollar rise as investors assess interest rate outlook”
All the fund manager presentations are focusing, not on interest rates, but they’re controlling...
“UK drivers shocked as car insurance costs soar by up to 90%”
Here’s a bit of inflation you may have missed if your car insurance renewal date hasn’t come...
“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...
“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...
“Boots to close 300 UK stores”
I have to say that I now only visit this once-great high street name if it’s a necessity...