The Fed realised late last year it was raising rates too much and tightening the money supply too severely. It backed off and announced a re think. It is currently working its way through how it can change its approach and make it friendlier to econom… read more
The Environment Agency have contacted me to say they are keeping the Emm, Loddon and other water courses under careful review for flood risk. From time to time they issue flood alerts which they tell me are available on the Environment Agency pages of… read more
I spoke on Saturday at the Anniversary Conference at the Thatcher Centre, Somerville College Oxford. I spoke about wider ownership policies, about the poor economic background to the start of her premierships and about the impact difference on Europea… read more
The more the UK cuts emissions of O2 the more the rest of the world increases them. Someone sent me the 2018 latest figures from the BP Energy Review. Since 2010 world CO2 emissions are up 9% whilst the UK has been cutting. Last year there was a 2% gl… read more
The Economic Adviser to the Lega party, the larger of the two governing coalition partners in Italy, has come up with a scheme for mini BOTs or low denomination Treasury Bills. The Italian Parliament recently passed a motion in favour, though this is… read more