I have outlined many confusing issues, the world economy in general is chugging along nicely in spite of everything. People and businesses are getting on with running their affairs and the steady, albeit slow, growth…
May 2017
In the UK, the Prime Minister sprung a completely unexpected election. On analysis,
it was called for understandable reasons, however, it was a brave move. The Prime
Minister’s negotiating position…
March 2017
Since my thoughts at the beginning of February, which followed a few intensive days in Washington DC, nothing has happened to change my view of Trump. He is, however, proving…
February 2017
The economic dislocation following the financial crisis is receding and business in general seems to have adjusted to a world of growing uncertainty on the political as well as the legislative front. Perhaps…
Chart of the Week: Week 49, 2016: Impact of Forecasting Changes on Borrowing
The Office for Budget Responsibility has projected that the Brexit bill will be £60bn over the next five years as a result of lower growth and weaker tax returns.
October 2016
For the last twenty years, we have been living in a period during which a generation has forgotten that debt has to be paid down and debt destruction, often discussed and experienced in the last century, has been forgotten about. This …