A trend set in – Alternative inflation report for June

Our Retail Prices Index (RPI) stands at 5 % and the index the Bank of England targets – called the Consumer Price Index stands at 3.2 %. They are higher than the targeted indices of any of our G7 competitors. France                 1.5  % Italy                    ...

The market is in control, not the politicians

On the Today programme this morning, Terry Smith, chief executive of the City broker Tullett Prebon, was brought in to explain how the markets would be likely to react to a Labour/Libdem coalition. It is noticeable that the BBC is thoroughly incapable of challenging...