Taking a breather
The Bank of England (BoE) opted to hold interest rates at last week’s MPC meeting, leaving rates unchanged at 5.25% and ending the run of 14 consecutive rate rises. The…
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Are we there yet?
You may think I’m referring to the age-old question one looks forward to whilst driving on a family day out with kids. Not this time, the question in this instance…
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The Blame Game
The blame game has begun on the thorny problem of inflation. Andrew Bailey, Governor of the Bank of England, blames COVID. Chancellor, Jeremy Hunt, blames the Bank of England and,…
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Buzzwords
Last week was the week of buzzwords! The UK’s buzzword being Greedflation. The concept that greed is now fuelling inflation, from supermarkets profiteering to employees asking for steeper pay rises.…
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Another US Rate Rise
In the face of US banking concerns Jay Powell, Chairman of the Federal Reserve, yesterday announced a further 0.25% increase in interest rates whilst acknowledging the likely impact on jobs…
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