Search
  • chris1634

Shafted Again


Because wages are now rising ahead of inflation the Central Bank has today raised the 

borrowing rate - effectively removing the benefit. Of course it’s dressed up differently but ask the guy in the street how he feels. Let’s see how long it takes the banks to raise savings rates - most have yet to act following last Decembers’ rate rise. Once again the system acts to ensure its control is as tight as ever. It will now cost employers more which could have an impact on recruitment.  The time for change has never been greater.


6 views0 comments

Recent Posts

See All

Thomas Cook

The sad news of the demise of the UK's oldest travel operator did not come as a surprise, except for those unfortunate souls either out of the country or worse, about to depart. Already social media i

Yield Curve Predictions

Hopefully the title has not put you off reading this first effort in a week; Canadian economist Campbell Harvey developed his "yield curve model" at university - 3 recessions ago. This indication tool

The Financial Revolution Goes into Overdrive

Just received Facebook's Libra White Paper so digesting it today before making any direct comment. For today I will focus on the news first announced a couple of weeks ago and what it might mean for u