Tag Archive: UK

  1. The Markets

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    For the UK economy I think the phrase was spot on from the chief economist of the Bank of England, Andy Haldane, when he described it as being in a position of both agony and ecstasy. For the ecstasy we now have an economy that is currently growing faster than any other developed economy on the globe. A rate of 3.1% for this year is expected and that for the UK is quite a pace, although obviously nowhere near the dynamic rates of the developing nations. In fact for the UK’s it could be described as running quite hot – especially when you consider not just the QE money pumped into it but the £22.2bn plus set aside for consumers’ claims from the PPI scandals. Whilst growth next year will likely ease to 2.4% according to the EY Item Club, this is hardly agony, although ecstasy would not be a sensible description either. Reasonable is more truthful, although sustainable would be better. (more…)

  2. Why Are People Worrying About Deflation?

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    Deflation is a general decline in prices. For anyone who has been struggling to make ends meet that may not sound all bad. In fact, it’s not always bad. According to the Federal Reserve Bank of St. Louis, between 1876 and 1879, prices in the United States fell by about 5 percent per year, on average, while the economy grew at a 7.6 percent clip.

    The UK is often considered to have been the hardest hit during this period, losing some of its large industrial lead over the economies of Continental Europe. The average rate of growth grew at just 1.75-2.25 percent, reflecting the growing pace of industrialisation and technological progress. (more…)

  3. In The UK, No Matter Where You Reside …

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    … you are NOT in the top 10 when it comes to the world’s most ‘liveable’ cities. The Economist Intelligence Unit’s Global Liveability Ranking and Report was published in August 2014. (more…)

  4. The Markets

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    LA “LESS THAN BELLE” FRANCE

    French citizens are usually quite cynical over their leaders and especially those who these days seem to be guided by their spin ‘Meisters’ in managing their media coverage. In France the leaders’ media story was obviously going to be dominated by the centenary of the outbreak of the First World War, as well as the liberation of Provence and Paris. This provided a
    perfect platform for the President to look statesman-like and a natural leader for the nation. (more…)

  5. Property Prices – There Is Another Country

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    Last week’s house price inflation figures just underlined the yawning chasm of value that now divides London from the rest of the UK. The average annual house figure for the whole country showed a small rise from 9.9% in April to 10.5% in May. This however, is somewhat misleading as it masks the huge variances that have occurred across the nation. (more…)

  6. Auto-Enrolment – It’s Here And It’s Happening!

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    It is a fact that people are living for longer. There are currently 13,000 centenarians in the UK, but this figure is expected to reach 500,000 by 2066! (more…)

  7. The Markets

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    “Bravo Ireland”

    I wasn’t expecting to see this headline quite so soon but nonetheless it’s still a welcome one – ‘Ireland’s borrowing costs fall below the UK’s’. (more…)

  8. Important News for Employers

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    Auto-enrolment is here and affecting every employer in the UK. It’s important you review your arrangements now. (more…)