The Saturday Economist 20th April – Fitch ratings, IMF doubts, inflation, retail sales and jobs Posted on April 20, 2013 by John Ashcroft Economics news – Fitch ratings, IMF doubts, inflation, retail sales and jobs news Fitch ratings agency downgrade – Tough week for the Chancellor as ratings agency Fitch downgraded the UK’s IDR (Issuer Default rating) from AAA to AA+. Fitch follows … Read More
The Budget for Greater Manchester released today….. Posted on March 14, 2013 by John Ashcroft An economy in recovery but at a much slower rate than trend…. Download the Budget Statement Join the Saturday Economist Mailing List Without growth it will be difficult to reduce the deficit, but growth in service sector output and domestic … Read More
The Saturday Economist 26th January, Growth, Jobs and Borrowing Posted on January 26, 2013 by John Ashcroft Economics news – Good News on Employment offset by growth and borrowing GDP Q4, the first estimate for GDP in the final quarter of the year was revealed on Friday. The good news, there was no growth last year but … Read More
The Saturday Economist : Retail Sales and Inflation plus McCafferty speaks (sense) Posted on January 19, 2013 by John Ashcroft Economics news – Retail Sales, Inflation and McCafferty’s first speech as member of the MPC. McCafferty, McCafferty there’s no one like McCafferty. Retail Sales, as if the news from Jessops, HMV and Blockbusters was not enough to dampen spirits in … Read More
The Saturday Economist 12th January : Happy New Year ? Posted on January 12, 2013 by John Ashcroft Economics news – we start the year on a positive note. No need to worry about the US fiscal cliff, the Chinese choke or the Euro Yoyo for the moment. We can drop a BRIC as Indonesia is set to … Read More
The Saturday Economist – bad news on inflation, the cost of a Central Bank Governor keeps on rising… Posted on December 20, 2012 by John Ashcroft Economics news – Bad news on inflation as the cost of a central Bank Governor keeps on rising. Trends in Inflation Bad news on inflation this week, the cost of a central Bank Governor just keeps on rising. Mark Carney … Read More
The Saturday Economist 8th October – Autumn statement and OBR update Posted on December 8, 2012 by John Ashcroft Economics news – the Chancellor’s statement, the OBR update, base rates announcement plus trade and manufacturing news. Monetary Policy Committee On Thursday the Bank of England announced that rates would be kept on hold with no extension of QE. No … Read More
Mark Carney is to be the New Governor but where is Canada anyway? Posted on November 29, 2012 by John Ashcroft Mark Carney is to be the new Governor of the Bank of England but where is Canada anyway. What are the key differences in terms of population, GDP, GDP per capita, debt, growth rates, inflation, base rates and gilt yields? … Read More
The Saturday Economist : Economics news and market updates 10th November 2012 Posted on November 10, 2012 by John Ashcroft Economics news, the euphoria of recent GDP growth fades as news of manufacturing and trade figures continue to disappoint. The Bank voted to keep base rates and QE on hold but I am beginning to realize QE is a wizard … Read More
The Saturday Economist : UK Economics news and market updates 8th September Posted on September 8, 2012 by John Ashcroft Euro crisis – Draghi saves the world Excitement in Europe as Draghi fulfills his promise to do whatever it takes to save the Euro (and the world). The ECB announced a programme of unlimited short dated government bond buying to … Read More
