26 November 2024IntroductionHere is a rather tongue-in-cheek view on the proposition that France and the UK combine forces in an expedition to wipeout Russian soldiers in Ukraine. There then follows a more serious review and rebuttal of this proposition.PropositionThe idea is for France to combine with Britain to send a small expeditionary force to wipe out the Russians in Ukraine.This does seem like a good idea, given the experience from the...
Tuesday, 26 November 2024
Wednesday, 20 November 2024
THE RETURN OF UK INFLATION
20 November 2024With update 21 November 2024Return of Inflation in the UK
1. IntroductionThe recent UK Budget has introduced policies likely to rekindle inflationary pressures, threatening the current downward trajectory of consumer price inflation (CPI).Bank of England Governor Andrew Bailey warns that Budget measures could delay further rate cuts and stoke inflation.2. Key Inflationary Driversa. Corporate Cost PressuresBusinesses, particularly...
Tuesday, 19 November 2024
EXPECT 4.5% MORTGAGE RATES
19 November 2024
If you are thinking of buying a property, or having to re-mortgage after your 2 or 5 yr fixed rate expires, expect higher mortgage repayments.From all I can work out, it looks like the BoE bank rate could be settling down from 4.75% today to a terminal rate of 4.25% in the second quarter of next year.So there are hopes of Bank of England base interest rate cuts.... But this isn't the same as your mortgage rate., oh nooooo...
Sunday, 17 November 2024
TOWARDS A NEW WORLD ORDER - REBALANCING FOR PEACE
17 November 2024
Towards a New World Order: Rebalancing for PeaceIn the aftermath of the last World War, global institutions were established with the vision of fostering cooperation and preventing conflict. As the world faces a shifting geopolitical landscape, it is worth revisiting the fundamental principles needed to achieve lasting peace. These principles rest on three foundational pillars:1. Trade as a tool for peace,...