Waiting For The Day

We’ve reached a critical point in the UK interest rate debate. After a first half of the year which was characterised by dramatic swings in the market’s interest rate expectations, financial markets now believe that …

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A Little Time

There are two main concerns for the Bank of England with regard to the near term path for the UK economy: the strength of global indicators and the risk that UK consumption weakness gets worse …

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The 1970s Redux

Few will remember Adam Smith’s book ‘Paper Money’. This Smith is not the 18th-century economist, but the financial columnist George Goodman, who wrote under that pseudonym and is mainly remembered today as the author of …

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