Tag Archive: The Office for National Statistics

  1. The Markets

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    UK INFLATION FALLS TO 2% TARGET RATE!

    The UK’s inflation rate, as measured by the Consumer Prices Index, fell to 2% in December, down from 2.1% the month before.

    It is the first time inflation has been at or below the government-set target of 2% since November 2009. (more…)

  2. The Markets

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    You really need to take predictions with a grain of salt. Consider these esteemed opinions: 

    • “I think there is a world market for maybe five computers.” Thomas Watson, Chairman, IBM, 1943
    • “Who wants to hear actors talk?” H. M. Warner, Founder, Warner Brothers, 1927
    • “Everything that can be invented has been invented.” Charles Duell, Commissioner, U.S. Office of Patents, 1899 

    It’s important to remember the fallibility of experts as we head toward a new year and pundits begin pontificating about the events of the past and predicting what may be ahead.

    (more…)