Plenty of doomish and gloomish headlines from which to pick this week and economically, although...
United Kingdom
“£1 million jackpot win for two Premium Bonds holders from North East Scotland and Greater Manchester”
Premium Bonds are our go-to recommendations for your reserve. As you may have heard many-a-time,...
“Inflation picture ‘increasingly ugly’ as food prices surge”
Interest rates, the bluntest of blunt instruments, are supposed to control inflation. As inflation...
“Will the Bank of England Cut UK Interest Rates Again in 2025?”
It’s easy to forget that five years ago the Bank of England Base Rate was at an all-time low of...
“Inflation behaving like a ‘caffeinated flea’ as CPI jumps to 3%”
Fortunately, none of the fleas I’ve encountered have been caffeinated, although I have met many an...
“Bank of England lowers base rate to 4.75%”
In other more parochial news, UK interest rates have moved down by 0.25% to 4.75%. ‘At last’, if...
“Inflation falls below BoE target at 1.7%”
It seems like only yesterday that we were fretting over inflation of over 10% a year; well, it was...
“Bank of England cuts interest rates to 5%”
It’s not a big cut, just 5% of 5.25% to 5%, in fact, a quarter of a percent or 25 basis points as...
“Bank of England maintains interest rate at 16-year high”
News that interest rates aren’t coming down yet could be spun as a positive, at least they’re not...
“UK shop price inflation drops to two-year low in March”
Aged 13 (different times), my first Saturday job was in a supermarket (the Coop in Selsdon, if you...
“What next for investors if interest rates have peaked?”
What next is a much better couple (or more) of years ahead. If you have investments, you’ll have...
“Bank of England holds rates steady at 5.25% as inflation concerns persist”
So interest rates are staying up here, and, as importantly for us, our investments and the rest of...
“CBI forecasts no Bank of England rate cuts until at least 2026”
Here’s a cheery, pre-Christmas message. While many or most have predicted that interest rates...
“The true impact of inflation on cash savings and pensions”
Leaving your money in the bank or building society has always meant that its ‘real value’ after...
“Cut interest rates to prevent recession, says Institute of Economic Affairs’ SMPC”
The ‘lag’, ‘trailing leg’ or ‘long wake’ of any economic measure means that its effects are often...