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 […]

Budget Box Leaks!

Budget box or Gladstone box, c. 1860 Will austerity force Osborne to sell the new Box and revert to the original? THERE IS NO TRUTH WHATSOEVER IN THE FOLLOWING RUMOURS! LeaksGeorge Osborne got so emotional while he was working on next week’s budget (Wed 20 Mar), because of the misery his austerity measures are and […]