It seems to be a contradiction that Sir Mervyn King, governor of the Bank of England, should be advising that the Bank were upgrading their growth forecast on the same day that the latest unemployment figures suggest that the jobless total has risen in the last three months. So how worried should we be and [...]
So the economy grew in the first three months of the year – by a whopping 0.3%! We say this with our tongues firmly in our cheek but we guess anything that saves us from a triple dip recession has to be good news. And let’s hope that it’s the start of better economic news [...]
We were a little worried when we saw the latest lending figures from the Council of Mortgage Lenders (CML). It reported enthusiastically that the number of first-time buyers entering the market was at its highest level for five years, rising by 17% in February 2013 compared with a year earlier. Well all good then. However [...]
So Moneyfacts, the data group, reports that the average mortgage fee has now risen above the £1,500 mark for the first time, rising by an average £112 since January to the highest level recorded since 1988. At the same time, it reports that mortgage interest rates were falling and higher loan-to-value products were making a [...]
This weekend’s confrontation between Mayor of London Boris Johnson and the BBC’s Eddie Mair has sent the media scurrying to profile Mair, the softly-spoken assassin who repeatedly dealt out body blows to Boris during his interview on Sunday’s The Andrew Marr Show. By the end of the interview, Boris looked mentally and spiritually exhausted as he reeled from Mair’s [...]
With all the furore of the budget, the latest UK unemployment statistics seemed to have been ignored somewhat by the media. On the face of it, of course, it’s not a riveting story with little change to existing figures. Unemployment rose by just 7,000 to 2.52m between November 2012 and January 2013 with the overall [...]
Found myself on BBC Radio Wiltshire this morning doing a piece live on the Mark O’Donnell show about PR and the budget – precisely, how the Chancellor can turn bad news into good. Doing interviews from home can be a bit tricky jf the family is around, but on this occasion they were all out, which made [...]
Over the last few years – well since the Credit Crunch began in 2007 – we have been heartened when we look at the world economy to see that other countries, particularly those collectively known as the BRICs, seem to have borne up pretty well with their economies continuing to expand at a healthy rate [...]
So what’s going to happen to the mortgage market, specifically to house prices in 2013? We’re finding that this is a hard one to predict. On the one hand, analysts are waxing lyrical about the Government’s much publicised Funding for Lending Scheme (FLS), purporting to be the market’s saviour this year; on the other, recent statistics [...]
It’s a tricky dilemma: you’ve been invited to be interviewed on TV or radio; you want to appear as relaxed as possible, you want to look confident…the first question is asked and you think to yourself: Should I use the interviewer’s name in my answer? Something along the lines of ”Well Nigel, let me begin by [...]