What news over the Summer for the UK;- Bank of England interest rates – no change, economic growth forecasts – no change and the football World Cup – a DISaster. The coalition government has been away on holiday so no progress on getting the country back on track, and Labour meanwhile is trying to elect [...]

This week leaders of some of Britain’s biggest businesses gave an emphatic endorsement of the coalition Government’s decision to cut spending immediately in order to pay down the UK deficit. That of course is the private sector view, however the suggested 25% cuts in the public sector have not engendered the same reaction from those [...]

There has been a raft of statistics in the last couple of weeks which seem to tell the same story as a few months ago – base interest rates on hold at 0.5%, GDP growth negligible, inflation slightly decreasing but still around 3.5%, UK debt borrowing figures revised downwards but on such high figures the [...]

For those with mortgages or loans last weeks decision by the Bank of England to keep the UK base rate at 0.5% is good news, but for net savers it is now a year of exceptionally low returns with inflation more than cancelling out any interest earned. Indeed, it is also lucky that UK Plc’s debt mountain is [...]