Private investors in the UK have been deserting stock market equities in droves over the last six months, between them selling £10bn worth of stock.Retail investors pulled £9.9bn out of the stock market between February and July, according to figures from Capita Registrars. That is equivalent to 5.2 percent of private investors’ equity holdings,...
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Anyone living in the UK recently will be surprised to see that the CPI figures dropped marginally last month. Anyone filling up their car with petrol, of seeing their latest mortgage repayments or paying their energy bills will be shocked. So is the CPI now a true representation of the way we live, or...
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The Bank of England has revised its forecast of growth upwards to 2.8 percent this year, with further projections of growth next year reaching 3.1 percent. For growth to slow down to the Gordon Brown’s (UK Chancellor) projection of 2-2.5 percent there would need to be a very sharp decrease in the economy over...
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There is growing evidence to support our thoughts that the global economy has had it good for too long. Perhaps the problem with the frailty of the human mind is that when things are good we forget the bad times, and when things are bad we only think about the good times –hence we’re...
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One of the Bank of England’s jobs since it was cut free from the meddling interference of politicians is to keep inflation at a target of 2 percent. News in the BoE’s own quarterly inflation report said that the rate could move as high as 2.7 percent without a further increase in the rate...
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