Is the Bank of England Getting it Wrong on QE/QT?

Back in 2008 the economy came crashing down but the Bank of England had a plan create £250 billion of out of thin air and buy government bonds. Quantitative easing led to lower interest rates, cheaper government borrowing and rising asset prices. But fast forward to 2026 and the opposite is happening. Bond yields are …

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Is UK Economy Actually Doing Better than Media suggests?

It’s  very easy to make a pessimistic article about the UK economy, bond crisis, oil shortages, inflation returning, economy stagnating. But is there a danger of over-dosing on the negative news? A reader challenged me to make a more positive case for the UK economy. Well this might be shorter than your average post, but …

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The Great Oil Crisis of 2026

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  On 28 February, oil stopped flowing through the Strait of Hormuz. The unthinkable was actually happening. Oil prices rose, and gasoline prices duly followed. US gas prices are now returning to 2022 levels. When oil prices rise, so does inflation. Bond markets are rattled; across the world, yields are soaring and bond prices falling. …

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UK Economic Problems in 2026

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Four Prime ministers in five years, maybe soon a fifth. But, whilst the door of 10 revolves, the UK economy seems stuck in a cycle of despair. Turmoil is causing UK bond yields to rise to the highest level in the G7 on the back of stagnant growth, high inflation and rising debt interest payments. …

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Costs of Brexit – 10 Years after 2016 Vote

Ten years ago Britain voted to leave the EU. To Brexiteers, it was freedom day, plucky Britain taking back control. There was even talk of a snowball effect, Frexit, Dexit and Grexit were suddenly on the cards. But, 10 years on, no one talks of leaving. Ironically, Brexit helped give Europeans a more positive view …

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