Category Bank of England

The UK prepares it’s Economic Suicide Note.. Where is Guido Fawkes when you need him?

The Bank of England laid out bleak scenarios for the UK economy – but the outlook and long term future will be worse because the Government has “straight-jacketed” its budget options down to Austerity – which will lead to economic disaster. There is an alternative!

Blame the Media and Remoaners – What next in the UK’s economic saga?

It wasn’t Kwasi’s fault. It was the pinko Media that crushed sterling, The Bank of England and these nasty Remoaners murdered Gilts – says the man shorting sterling… If it wasn’t so serious it would make a brilliant comedy. Perhaps it will.

The UK crisis: Questions that Must be Asked: How was it allowed to happen?

The UK confidence crisis is not over yet. Chancellor Kwasi Kwarteng is saying nothing, hoping for stability. The Bank of England finds itself providing top cover by its willingness to hike rates. The Treasury Select Committee should be asking what advice the OBR, Treasury, The Bank of England and the Gilts Office gave Kwarteng.