UK base rates held at 0.5%
In a move that surprised absolutely no one, the Bank of England has announced today that its base rate is staying at 0.5%. This follows the nine-man Monetary Policy Committee’s
Weak, unbalanced recovery gives hard-pressed homeowners interest rate reprieve
UK interest rates look set to stay at their historically low level, thanks to worse-than-expected growth figures released yesterday by the Office for National Statistics. While chancellor George Osborne was
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UK’s first Bitcoin ATMs arrive on London streets next month
Bitcoin ATMs are set to make their first appearance in the UK next month, with a number of start-ups racing to be the first to offer machines that allow users
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Monstering the poor and the threat to democracy
We are constantly being bombarded with nonsense about why the poor are poor, and why the rich are rich. London’s buffoon-in-mayoral-residence, Boris Johnson, and his speech last year on why
Thinking of selling your house, part 2
Home repossessions ‘are set to soar again’, says the soaraway Daily Mail, which adds: “Thousands could lose properties when period of rock-bottom interest rates ends.” It also quotes experts who
Thinking of selling your house? I’d do it now if I were you…
The risk of the UK suffering another property crash within two years are rising. Which might seem ironic given that mortgage lending and house prices are rising the moment, particularly
Read MoreThinking of selling your house? I’d do it now if I were you…
Writer Wendell Berry on capitalism and environmental activism
I’m not a religious man myself, but there’s no denying the power of Wendell Berry’s words.
Five things bitcoin passing $1k means for investors
At the time of writing, 1BTC equals £639.90, or $1,042, though its value against those currencies has been fluctuating since first passing the $1,000 landmark last week. One bitcoin is
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Defusing the debt timebomb: ‘The challenge for the 21st century’
A short history of debt, and how history seems to be repeating.
Fracking is not the answer, part 227…
Fracking – or hydraulic fracturing, to give it its full name – is the UK’s hottest ongoing energy battlefield. Protests break out almost everywhere that exploratory drilling is due to