Monthly Archives: August 2019

Porkie pies

Posted on August 27, 2019 by martin

Boris Johnson is not known for grasp of detail, but this time he has been caught out telling porkies about.. well pies. It started out as a reasonable point in trade barriers, but the example was clearly just made up … Continue reading →

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The slide continues

Posted on August 13, 2019 by martin

A few days ago sterling came under attack. Against the Euro it is now officially at credit-crunch levels: Most ForEx sites only go back ten years, and hence no longer show how bad the credit crash was for sterling, which … Continue reading →

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The shrinking has begun

Posted on August 10, 2019 by martin

Last quarter the UK economy shrank, mostly driven by a “larger than expected” drop in manufacturing. This is not surprising as domestic demand was suppressed by the run-down of pre-Brexit stockpiling done earlier in the year, and overseas demand is … Continue reading →

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