Paying For Current Account Banking

There is no such thing as a free lunch. Andrew Baily is very out of touch if he thinks British consumers will pay for current account banking. The dismal rates of return and the opportunities banks have to sell to their customer base. If the banks state they cannot...

Today’s Blog

The following article is sad reading. http://www.moneymarketing.co.uk/investments/oecd-uk-heading-back-to-recession/1048984.article with oil prices up so much in percentage terms in the last few months most people’s disposable income has fallen. Talk of another...

Today’s Blog

I have such sympathy for the Spanish people having endured such high unemployment rates for so long. I really wonder if remaining in the Eurozone is worth the cost. Devaluation of a restored Spanish Pasator may be the medicine to alleviate the current problems. I read...

Today’s Blog

Even though the fall in inflation is to be welcomed it is still far too high. Poor savers have borne a lot of the brunt of the economic mismanagement of our economy in finding relatively safe investments which pay the same let alone exceed the inflation rate. I look...

The Chinese Economy & Fund Manager

I share the same concerns over the Chinese economy as Newton Fund Manager James Harries. http://www.moneymarketing.co.uk/investments/newtons-harries-chinese-growth-is-unsustainable/1051941.article A further point I would add is that China has not experience negative...

Today’s Blog

I am pleased that the big insurance companies like L&G have a good payout record for insurance policies like critical illness cover. With the payment protection insurance mis-selling scandal, it is important for the insurance industry to show that the...