Highest ratio since the 1960’s and even higher than that reached during the Covid pandemic of 2020. The UK’s national debt has reached its highest level since 1962. Official figures from the ONS show that the total government debt amounted to 99.5% of the economy’s value in June 2024, surpassingRead More →
The pound reached its highest level against the dollar in a year on Wednesday 17th July 2024, as investors wagered that UK interest rates would remain elevated for longer. New data released on Wednesday 17th July 2024 indicated that inflation was more persistent than some analysts had anticipated, leading tradersRead More →
U.K. inflation matched the Bank of England’s target of 2% in June 2024, as calculated by data from the Official for National Statistics on Wednesday 17th July 2024. The main figure was slightly higher than the 1.9% forecast by analysts surveyed by Reuters, aligning with May’s 2% figure. Following theRead More →
Burberry shares slide on Monday 15th July 2024 after the UK luxury fashion group announced a profit warning and a dividend halt and said its chief executive officer (CEO) was being replaced. The maker of the iconic trench coat described a ‘disappointing’ fiscal first-quarter 2025 in a trading update. Burberry reportedlyRead More →
U.S., UK and Germany hold more Bitcoin than you may think. According to the Arkham website, the United States’ government holds some 212,847 BTC making it one of the biggest holders of Bitcoin, while the treasuries of the U.K. and Germany reportedly hold around 61,245 BTC and 49,858 BTC each.Read More →
UK 2024 Election – landslide victory for the Labour Party.Read More →
The U.K.’s opposition Labour Party secured a significant parliamentary majority in the 2024 general election, displacing the incumbent Conservatives after 14 years in power. Labour surpassed the threshold of 326 majority required to govern without coalition support as outgoing Prime Minister Rishi Sunak acknowledged the loss. Sir Keir Starmer, theRead More →
UK Election betting scandal mars politicians and the police! Just when you think the state of UK politics couldn’t get any worse… it does! The ‘clicky’ inner circles of both the Conservative and of the Labour Party with their mucky little antics – placing bets on the date of theRead More →
UK economy purring but not roaring like a lion… yet! The UK economy expanded more than initially thought in the first quarter of 2024, signalling a recovery from recession, according to updated official data. The Office for National Statistics (ONS) reported that from January to March 2024, the economy experiencedRead More →
SS Sunak – rats deserting a Sinking Ship! UK Election: I don’t know if it’s just me but… where are all the Conservative Party cabinet BIG hitters? Sunak has very little support, if any from his cabinet! Where is Jeremy Hunt, the Chancellor of the Exchequer for example? He’s notRead More →
Take cover! UK election engulfed in yet another politically charged fallout from scandalous greed driven morally bankrupt politicians, and police. All connected to the inner workings of a failed government bereft of any sense of moral duty. The opposition Party are implicated too! Why? Is this really the best weRead More →
Bonkers Bookies Betting Office – Bet UK!Read More →
The little-known company, Nvidia, now stands alongside Apple and Microsoft in market cap valuation thanks to AI. In just a little over a year it has all but tripled its market valuation and become a go to investment on Wall Street and around the world. Nvidia’s market capitalization has recentlyRead More →
Inflation has reached the Bank of England’s target for the first time in nearly three years, having soared to 11.1% in October 2022, the highest in over four decades – driven by a spike in energy and food prices following the pandemic and Russia’s invasion of Ukraine. In the yearRead More →
UK Election – The Labour Party slogan is ‘CHANGE’ – but ‘CHANGE‘ to what? I do not support any party. I have no idea what the Labour party stands for anymore. And as for the Conservatives – not a clue either – too many deceits and for far too long!Read More →
Election and UK politics It started off soggy and now it’s just… wet!Read More →
In April 2024, the U.K.’s economic growth came to a standstill, figures released on Wednesday 12th June 2024 indicated, putting a pause on the subdued recovery from the previous year’s recession just weeks before the UK election. Analysts had anticipated growth a levelling off following a 0.4% expansion in MarchRead More →
The British computing startup Raspberry Pi is aiming to raise £166 million ($211.2 million) from its initial public offering in London on Tuesday 11th June 2024. The company, known for its compact single-board computers, has set its share price at 280 pence each. Conditional dealing of Raspberry Pi shares willRead More →
Election UK style. “Take me to your leader.” “Err… we don’t have one!”Read More →
How about if we sell ‘slogan’ advertising space on the lectern. ‘I Have a plan‘ and ‘Change‘ spring to mind. A plan to do what and a change to what… exactly?Read More →
UK election defence device to help stop you getting… ‘drowned out’.Read More →
“Look at this… the actual umbrella Rishi Sunak didn’t use during the UK 2024 election announcement!”Read More →
The International Monetary Fund (IMF) advises that the Bank of England should contemplate reducing its interest rates to 3.5% by the end of 2025. This suggestion is made as the UK’s economy steadily recovers from the recession caused by the pandemic, while policymakers are dealing with inflationary challenges. The ‘thinking’Read More →
Wet weather was to blame for the U.K. retail sales volumes drop of 2.3% in April 2024. Shoppers were deterred from the high street, the Office for National Statistics (ONS) said Friday 24th May 2024. Economists expected a smaller retail sales fall of 0.4%. Sales volumes declined across multiple sectors,Read More →
On 22nd May 2024, UK Prime Minister Rishi Sunak announced a snap general election for 4th July 2024 This decision caught many by surprise, as the election was called more than around six months earlier than legally required. Election Date: 4th July 2024 – let the fireworks begin The Conservative Party, led by Rishi Sunak, isRead More →
