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An economic adviser at big cheese accountants Ernst & Young reckons that question marks, over the state of the recovery in the UK, may make it difficult for the Bank of England’s Monetary Policy Committee to consider rate rises soon. Forecasters have suggested that the interest rate will remain at its record low of 0.5 per cent well […]
It seems to me that success these days is measured in terms of material gain and cheap celebrity status though, with my penchant for the deep and meaningful, I thought I would share a poignant definition of the word success. Here goes: – To laugh often and much; to win the respect of intelligent people […]
ANOTHER BRILLIANT SOLUTION – YOU KNOW IT MAKES SENSE THE RATIONALE FOR PENSIONERS Pensioners would have access to showers, walks and a broad range of activities. Pensioners would receive unlimited free prescriptions, dental care and medical treatment. Pensioners would not receive the paltry fuel allowance but they’d receive more money than they paid out so who […]
These days of austerity have resulted in a recession of gigantic proportions and naturally the government exchequer is not immune, with the tax take significantly reduced over the last three years or so. It might then be hardly surprising that HMRC could be looking at angles to collect more where they can and most recently there have […]
There are around 10 million people over 50 in the UK work force. Pay them £1 million each severance for early retirement on the following conditions: 1) They MUST retire. Ten million job openings – unemployment fixed 2) They MUST buy a new British car. Ten million cars ordered – Car Industry fixed 3) They MUST either buy […]
I am not into social media sites – I cannot think of anything worse than providing a window to my private existence and I am unable to understand why people sit for hours on Twitter or FaceBook, but to name two of these sites. However, be warned if you use them because the courts will […]
Official figures have suggested that Britain had the most miserable April since 1993 when records began. The Office for National Statistics said that public sector net borrowing was £10 billion in April. The figures are on the back of increased spending and falling tax revenues. The figure was £3.5 billion higher than had been anticipated and £2.5 […]
Spencer Dale , the Bank of England’s chief economist, has suggested in an interview with the Financial Times, that families should plan for interest rates to gradually rise over the next two years. He also sees a difficult outlook for the economy and said he favoured an immediate rise in interest rates, despite the fragile recovery. As a member of the Bank’s […]
You may remember that they called Gordon Brown (or GB for short) the ‘iron chancellor’ because of his handling of the economy. Under Blair, this man spent more on public services, quangos and other lavatorial pursuits than was coming in from record tax takes during the boom (a boom that was handed to him by […]
You might be aware that when arranging insurance there is a duty on the proposer to disclose. A contract of insurance is of the utmost good faith or uberrimae fidei which means basically that insurers accept what you tell them – but beware, because I reckon that insurers are now using this to wriggle out of […]