Mindful Money

The Government and the Bank of England (helped by the media) keep telling us Deflation is bad for us. Think about that. We don’t want lower business and living costs.  You really couldn’t make it up.  How surreal and Orwellian. They say we need inflation as otherwise people won’t buy stuff and the economy will […]

25 December 2014 by Jonathan Davis

Economy

The vote in September is unlikely to be Yes for Independence – though the polls are closer now than a few months ago and there is a large undecided bloc.  However, I’ll be surprised if Scotland votes Yes especially as the Establishment is out in force telling the people to vote No. Why would that […]

27 August 2014 by Jonathan Davis

News

#Carneyge on house market The news from the Bank of England this week BANK OF ENGLAND FINANCIAL POLICY COMMITTEE TO CAP BULK OF HIGH LOAN-TO-INCOME MORTGAGES AND TOUGHENS UNDERWRITING STANDARDS TO SET FROM OCTOBER LOAN TO INCOME RATIO AT 4.5 FOR 85 PCT OF NEW MORTGAGES TOUGHENS AFFORDABILITY TESTS FOR NEW HOME LOANS FROM THURSDAY […]

26 June 2014 by Jonathan Davis

Economy Expert Opinion Personal Finance Property

The above is the index of the US $ against a basket of currencies, such as € (c 58% of index), £, CAN$, CHF (Swiss Franc) and Japanese ¥ and (strangely) Swedish Krona. As you can see the US$ was in confirmed uptrend from the all time low in 2011 to last Summer (red diagonal […]

11 May 2014 by Jonathan Davis

News