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Supermarkets bullies – no it can’t be true

It is a well known fact that there is an urgent need for a watchdog to stop the supermarkets using bullying tactics with their suppliers. Only recently we suggested that the National Farmers Union was expecting the large chains to act reasonably over the ecoli cucumber scare by not forcing prices down on British growers. […]

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Buy British – how many times do we need to say it?

Would you pay more to avoid E Coli – of course. So the message is clear. Hats of to the National Farmers Union which is shouting the message from the roof tops that British produce is safe and nutritious. The message follows the out break of E Coli in northern Europe. British cucumbers, for example, are World […]

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Interest rates freeze

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 […]

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Soaring borrowing in April a concern

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 […]

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Interest rate rises signalled

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 […]

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DC refuses to back GB

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 […]

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Interest rates result – 6-3

In the recent meeting of the Bank of England on interest rates, six members of the Committee voted in favour of keeping bank base rate at 0.5% whilst three members voted against  with Andrew Sentance preferring to increase bank rate by 50 basis points. The MPC evidently felt that the boom in global commodity prices […]

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Lies Damned Lies and Statistics

There’s a maxim about the press that says don’t let the truth get in the way of a good story – in other words perhaps we should take everything we read with a pinch of salt. This might be especially so with statistics, because those who prepare them can make ’em look how they want […]

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Wooden spoon for Santander

According to research conducted for the 2011 Moneywise Customer Service Awards, Santander is the worst financial services company for customer service. A sample of some 12,000 or more Moneywise readers rated financial services companies they had used over several products, including current and savings accounts, credit cards through to car and travel insurance. Santander was rated the worst for service […]

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