AS I SEE IT: TERRY MURDEN asks whether hiking the cost of borrowing is doing more harm than good After eleven consecutive monthly increases the Bank of England may be preparing to apply the brakes on its aggressive interest rate policy. Mind you, there were similar expectations until this week’s surprise upturn in inflation which […]
inflation
Cheer up, resilience will save us from the gloom
AS I SEE IT: TERRY MURDEN says many businesses are defying the downturn With so much good news beginning to challenge the generally assumed theory that we’re all heading to hell in a handcart it’s difficult not to feel some sympathy for policy makers trying to make some sense of the economy. Yes, cost pressures […]