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 […]

‘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 […]

Council elections May 2018 were another Labour damp squib, another nail in its coffin – and the final rejection of a future Corbyn Premiership?

  Many will be confused about the result of last week’s UK local elections, won’t they? Yep, you see ALL the main parties have claimed “success”, and the non-mentally challenged amongst us know quite well that that just can’t be right, can it? In all honesty, the only thing that really happened was the ‘not-unexpected’ […]

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 […]