The case for raising UK interest rates

Nobody likes a rate rise, in the same sense that a 5 year old doesn’t like taking his medicine.

Low interest rates have been around in the UK for almost 10 years now and like a drug addict who can no longer function without a regular fix households too have become hooked on cheap credit.  Have the Bank of England waited too long or can the patient still be fixed before the cure does more harm than good?   Continue reading “The case for raising UK interest rates”

Why the delay Mrs May?

As of last Thursday the 16th day of March in the year of our Lord 2017 Her Majesty the Queen signed into law the ‘Brexit Bill’,  the piece of legislation – required by the Supreme court seemingly indifferent to all past uses of the royal prerogative when it comes to the making and breaking of treaties – giving Prime Minister May the go-ahead to give notice that we are leaving the EU under the provisions of Article 50 of the Treaty of Lisbon.  Seemingly nine months after the vote, the actual process of implementing the will of the British people will begin.

Yet given the green light still no ‘triggering’ of the blasted A50.  “What difference does a few days make after nine months” you might say.  Well actually as I will argue below, it could make ALL the difference as to whether we actually leave or not.   Continue reading “Why the delay Mrs May?”