Blog Posts in 2012

Be careful what you wish for


I’ve met quite a few young people recently understandably bemoaning the fact that despite the recession and the reduction of house prices since their peak some 5 years ago, housing is still unaffordable. And with average house prices in Bath and North East Somerset at £232,000 and even the average price of a flat in Bath at £190,000,* these people have a point. If your high street bank or Buil…

In Mortgages

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Savings Rates are Tumbling


As if savers hadn’t suffered enough these last few years, rates on savings accounts are on the slide again. The Bank of England chalked up a 44th consecutive month of Bank Base Rate rates at 0.5% this week. Whilst recent talk of bank base rate dropping still further seems to have abated, equally it seems unlikely that rates will be rising anytime soon. The Bank base rate seems to be locked in …

In Savings | Economy

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The Confidence Trick


I had the good fortune to be invited to a presentation the other day from and economist who was giving his view on the economic prospects for the UK. A good portion of the audience were local professionals involved in advising investors on what they should be doing with their money, and the event was sponsored by an investment company. The loud and ringing message was one of “this is a good time …

In Economy

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Bulldog spirit


As a bit of a golf fan, I found the Ryder Cup between the US and Europe an un-missable TV event. This year’s competition was vintage and many have described it as the best ever. Certainly it had brilliance and high drama to the very end with Europe very narrowly squeaking past the Americans from the most unprepossessing position going in to the final day. I loved the whole thing and could bare…

In Current Affairs

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The secret of life


Just before the Olympics went viral and obliterated all other news, the Office of National Statistics published a most intriguing set of data which showed us on a local-authority- by-local- authority basis how HAPPY we are! Dick Jenkins - Chief ExecutiveThis was the output from the first national “well-being survey” and despite the Labour party pooh-poohing the results as “a statement of the b…

In Current Affairs

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