65k mortgage approvals for house purchase in June, pretty much unchanged from May. Sign the UK housing market continues to tread water. pic.twitter.com/RgPyEpcCVK— Rupert Seggins (@Rupert_Seggins) July 31, 2017
Monday, July 31, 2017
Thursday, July 27, 2017
Wednesday, July 26, 2017
GDP Would Need to Collapse 5% in Next 12 Months to Meet Osborne's Treasury Predictions: https://t.co/LJHB69DlHw pic.twitter.com/vaFYABQvPw— Guido Fawkes (@GuidoFawkes) July 26, 2017
- The growth in Quarter 2 2017 was driven by services, which grew by 0.5% compared with 0.1% growth in Quarter 1 (Jan to Mar) 2017.
- The largest contributors to growth in services were retail trade, which improved after a fall in the first quarter, and film production and distribution.
Monday, July 24, 2017
However, it should be borne in mind that IMF forecasts are invariably shite (the fact that they revised the forecast is a clue) as this chart from 2014 shows:IMF cuts 2017 UK growth forecast to 1.7% from 2%, the biggest downward revision this year of all major economies. pic.twitter.com/48gEFXGwUo— Jamie McGeever (@ReutersJamie) July 24, 2017
Wednesday, July 19, 2017
This follows a directive from the European Union, which bans surcharges on Visa and Mastercard payments.
However, the government has gone further than the directive, by also banning charges on American Express and Paypal too.
This covers all companies and organisations that add a surcharge, including HMRC!
You can bet your bottom dollar that companies will find another way to pass on the charges.
Tuesday, July 18, 2017
This is the first fall in the CPIH inflation rate since April 2016, and was caused primarily by falling prices for motor fuels and certain recreational and cultural goods and services.
This means that there will be no increase in interest rates in the foreseeable future.
Tuesday, July 11, 2017
Monday, July 10, 2017
"Firms should expect supervisors who have their 'eyes peeled', their 'ears to the ground' – and who 'can smell when something is off'." https://t.co/Bj0BjStp9W— Katie Martin (@katie_martin_fx) July 10, 2017
Monday, July 03, 2017
Unite says Bank of England workers are to stage a four-day strike from 31 July in a dispute over pay— Sky News Newsdesk (@SkyNewsBreak) July 3, 2017
Does this mean that all debts held during this period will be interest free?