The Government’s use of CPI and RPI measures of inflation – employing the art of the conman?

When the Bank of England raised Bank Rate earlier this month, that was decided upon using the figure for inflation of 2.5% (the government’s inflation target, with primary aim of price stability, is actually 2%). Those numbers are based on the Consumer Price Index (CPI) – the other most used measure of inflation over the […]

Imprisonment without trial – the UK’s mortgage “affordability” scandal?

     There is a tribe of some 150thousand home owners who are held as ‘mortgage prisoners’ by their lenders’ eye-wateringly high interest rates – locked-into standard variable rate (SVR) of around 5% from a time when Bank Rate even went as low as 0.25%. [and with standard mortgage rates soaring way above the UK […]

‘Canadian’ Mark Carney Governor of Bank of England – time for him to bog-off?

Well, well, well, Mark Carney is in the news ‘again’ and stealing the headlines once more [this time by raising interest rates and then rubbishing BREXIT]– no surprise there then, as he is a ‘pig-headed’ self-publicist, and totally the wrong type of character for the man who is Governor of Bank of England [and Chairman […]

England’s housing disaster was ‘man-made’ – by successive incompetent UK governments?

   A post here three years ago “England’s housing crisis is now in fact a disaster ¬ can it ever be resolved?” November 5, 2015 by dadman007, outlined major reasons why England was experiencing the vice like grip of a housing shortage. The question now is has anything changed? It seems NOT, doesn’t it? Yep, NO […]

Donald Trump may be seen as a ‘despicable’ president of the United States – but he’s spot on the button about ‘Iran’?

    Some three years ago America organised a so-called “peace” deal with rogue state Iran (known as Persia before 1935), supposedly to stop them becoming a ‘nuclear power’, in exchange for six world powers [the US, UK, France, Russia, China, and Germany] unfreezing $100 billion of Iranian international assets, cancelling the punishing & biting sanctions […]

Despite ‘BREXIT’ looming, the Bank of England is on the verge of increasing ‘Bank rate’ – screwing-up the British economy?

                Now the Bank of England (BoE) is the central bank of the United Kingdom, founded in 1694, and its mission is promoting the good of the people of Britain by maintaining monetary and financial stability, isn’t it? Yep, but it would appear to many of us that instead of diligently performing that […]

The Hatton Garden Hoist – so does crime pay in reality?

  There is a well known idiom from the 1930’s “Crime doesn’t pay”, and this is a catchphrase regularly trotted-out by the Police and authorities as a caution to the criminally inclined, to deter them from illegal acts and it is a saying which implies that someone will be caught and punished accordingly & appropriately. […]

England’s housing crisis is a is now in fact a disaster ¬ can it ever be resolved?

This Country is suffering a vice like grip of a housing shortage that has been around for decades – why is that then? The biggest, but not only reason, is that we simply don’t build enough houses, do we? Why not for goodness sake? Is it because we don’t have the available land to build […]

‘Rip-off Britain’ has been obvious and around 50 years – why is it still with us?

The British people have an unfortunate trait in that sometimes it takes them a long time to catch-on when they are being conned – we are too trusting you see. The population finally woke-up a bit in the 1990s and realised that they were widely, constantly and consistently being ripped-off with exorbitant charges on products, […]

The Osborne Budget 2015 an amazing ‘fireworks display’ – or a ‘damp squib’?

  Well, well, well, George Osborne presented his last Budget of this Parliament. like a magician in a black cloak, pulled comatose rabbit after rabbit out of a top hat to the tumultuous applause of his Conservative parliamentary honourable friends (MPs) – mind you they would have cheered if he had announced that they were […]