Tag Archives: recession

Will Bank of England’s forward guidance work for the regions?

Posted by on Tuesday, December 17, 2013

Guest blog by Paul Mackie, president of Bradford Chamber of Commerce – co-host of the Bradford University School of Management and Bank of England event with guest speaker, Dr Ben Broadbent of the Monetary Policy Committee At what point will interest rates start to rise again? This question is tied up with the Bank of… Read More »

The route to business success: 5 challenges and a roadblock

Posted by on Thursday, September 30, 2010

Two years after the collapse of the Lehman’s Brothers investment bank the business outlook is still largely bleak. New  rules in Basel iii aim to regulate the global financial system and thereby, presumably, to inch the rug back under business’s feet from where it was unceremoniously pulled in 2008. But companies continue to face constant… Read More »

General election – Prudence back in the economy?

Posted by on Friday, March 26, 2010

Prudence was a lovely girl, much beloved by the sombre Gordon Brown. But when it came to the electorate dear lovely Prudence didn’t set the pulse racing. You see Prudence liked to save, Prudence liked to tax and Prudence thought it better to pay off debt rather than take on more. Prudence was not the… Read More »

Welcome to Confused.co.uk

Posted by on Friday, February 26, 2010

There is so much chaff in economic data and opinion these days, it is difficult to know what to think. First we were told that the UK economy barely limped out of recession in the final quarter of 2009. 0.1% growth in GDP made for an annualised rate of growth of 0.4%. With such weak… Read More »

What bankers need – moral compass not fat pockets

Posted by on Friday, February 5, 2010

Banking bonuses were a hot topic at the World Economic Forum in Davos last week – but all they highlighted is that little has been learnt or changed in the world of banking. George Soros told the BBC‘s Robert Peston that the payment of bonuses by banks from 2009 profits is wrong, as the profits… Read More »

The thaw may have begun….

Posted by on Monday, January 25, 2010

…..but we are still in deep winter. Data out tomorrow (Tuesday 26 January 2010) is likely to show that the UK has finally emerged from recession. However, the economy is so battered and bruised that any return to normality is a long way off. The Office for National Statistics will release its estimate for economic… Read More »

It’s time for football to be regulated properly

Posted by on Wednesday, January 20, 2010

I was looking through the football results at home last weekend and found yet more reference to the shocking number of European countries that now look to be involved in football match-fixing. While the UK is not implicated, it did make me think that this should be a wake-up call to look at how the… Read More »

Debt is hanging around the necks of households

Posted by on Monday, January 11, 2010

Debt is hanging around the necks of households, like Christmas cake on the hips. Spanish researchers* have recently confirmed the existence of a long-run relationship between house prices and home loans, a so-called co-integrating relationship. Nothing particularly startling in that result. But dig a little more into the results and a more troublesome finding can… Read More »

New Year’s resolution: Time to get closer to your customers?

Posted by on Tuesday, January 5, 2010

There could be good news about the recession. There is growing evidence, both from the respected ACCA global survey (www.accaglobal.com) and recent O2 small business survey (http://bit.ly/6UGCZs), that business confidence is increasing. From the ACCA Q4/09 survey (http://bit.ly/4tyUZH) there is even optimism that Q3/09 was the bottom of the downturn. Although, we may still have… Read More »