Every single joke and witty aside that could be, has been made. So I thought that some idea of the...
UK 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...
“Crisis lifts credit card spends to 17-year high according to Bank of England”
I’ve heard two interpretations of this data. That we’re all so worried about the cost of living...
“Recession: Was the Bank of England right to raise interest rates?”
Bailey of the Bank reminded me of a WW1 General Melchett: ‘It’s going to be tough, and we at HQ...
“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...
“Talking recession to fight inflation”
The head of the Bank of England and his fellow ‘Central Bankers’ around the world have been...
“Stock markets slump over recession fears”
This was yesterday’s business news. Today’s was ‘Share Prices Stabilise’, after a ‘weak and...
“UK inflation soars to 9% in April”
It’s the economic consequences of war and pestilence, rather than the devastation and plague...
“Recession fears grow as rising prices hit spending”
Here’s the thing about a proper recession. People lose their jobs and houses, everyone stops...
‘Clever these Chinese’, my grandfather used to say.
Both they and many others in that part of the world, have been buying stuff in all points west for...
“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...