With inflation in the UK running at 2.4 percent the likelihood of the Bank of England increasing interest rates by at least a quarter percent to 5 percent is pretty much on the cards in four days time. Further support for a rate increase came from an unlikely source, the chief economist at the...
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As indices in western markets regain past loses and march upwards it might be time to ponder and view the results in the light of current news on housing and the growth of interest rates across many of these markets – this article in BN provides a good succinct overview. Markets hit new highs,...
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The announcement yesterday that the Australian Bank, Macquarie is to buy the UK’s Thames Water utility for £8 billion may stick in the throat of UK consumers when they see the profits made by the current owner, RWE on the sale of the utility – but spare a thought for Australians who only this...
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The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold; with all currency issuance is to one degree or another regulated by the gold supply.In modern mainstream economic thought, a gold standard is considered undesirable because it is associated with the collapse of...
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So called ‘superwoman’ Nicola Horlick, is rumoured to be planning a $1.8 billion floatation of her Bramdean Asset Management group, which was set up only last year. Horlick, was branded ‘superwoman’ by the scurrilous tabloids that promote ‘tat’ on a daily basis to mainly illiterate hoards in the UK. Whilst denigrating council estate mothers...
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