I’m a huge fan of Property Week and read it religiously every week. Excellent journalists, great leader and all round best-of-breed publication – it ranks alongside the Sunday Times for me as one of the only two papers I read every week. … so please consider this constructive criticism and of the broader, corporate, industry rather than the [...]
News Review: MP Wife Swaps
MP Wife Swaps Some 200 MP’s affected by the ban on employing their wives are considering defying the ruling by employing each others’ wives. Eve Burt said “We have had the conversation about swapping jobs endlessly, they are water-cooler conversations. It would be an option. We did work out a very complicated ‘giant wife swap’ [...]
Borrowers face the squeeze
David Smith: Home Economics How big a threat to the housing market is the proposed clampdown on mortgage lending by the Financial Services Authority (FSA)? And is there a bigger immediate problem? Nobody thinks that irresponsible lending should be allowed to continue, and it would help if lenders know their customers better. Thought we never [...]
Why bankers love the people’s recession
David Smith, Robert Watts The estate agent knew he had struck gold. He was showing an £8.5m flat in Belgravia, central London, last week to a client looking for the perfect bachelor pad. Sporting an expensively tailored suit and a Swiss watch, the 42-year-old banker had all the swagger of the boom years. “The flat [...]
Global economy has no substitute for falling dollar
Irwin Stelzer Let’s see. The Chinese are cross because the falling dollar means the stacks of American IOUs they have in their vaults will be paid back in a devalued currency. The Americans are cross because the Chinese refuse to allow the renminbi to rise in value and this means goods made in Chinese factories [...]
Deficit may undershoot despite GDP setback
David Smith Shooting the messenger is never a good idea. Even so, on Friday the Treasury must have thought about getting up a posse and heading down the M4 to the Office for National Statistics in Newport. Time and again in this recession, the ONS has come up with gloomier gross domestic product numbers than [...]
MPC told: don’t panic over recession figures
David Smith Economists have warned policymakers not to be fooled into pumping too much money into the economy on the back of Friday’s unexpectedly weak gross domestic product figures. The 0.4% drop in GDP in the third quarter, which went against City and Bank of England expectations of a 0.2% rise, prompted speculation about a [...]
Poor recession figures will keep interest rates down
Anatole Kaletsky: Commentary The modest fall in Britain’s GDP in the third quarter will cause some big gains and losses among currency and bond traders, but it does not change economic reality in any significant way. While economists may define the “end of recession” as the quarter when GDP starts to grow, no matter how [...]
News Review: Jenson Button F1 World Champion
Another year another British winner of the F1 World Championship – amazing considering the talent there is in the sport already & the global pool of drivers competing just to enter it. And can you think of a more exciting year of F1? I can’t. Just amazing – teams & drivers pushing themselves to an extraordinary [...]
Latest Updates
Hi all, To minimise duplication for the next few weeks at least I will be posting my updates on www.inspiredassets.co.uk/blog. I hope you like this new site & continue to follow my updates. Thanks for reading ! Best, Martin
