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Blog
Why does raising interest rates not really work?
Historically, this is an easy problem to solve (or relatively at least). But for the UK economy, it is proving a stubborn pain the a*se!
What are we seeing? Well one thing's for sure - it’s like nothing we have seen before!
In any business, what we need is confidence… Confidence in the product, confidence in the people that we work with, confidence in ourselves, each other, and the plan. Guess what? That is completely what is missing between the UK Government and the Bank of England!
All the big moves on the foreign exchange markets, with the Bank of England (BoE) at odds with the Chancellor, has just made things worse… But, who is to blame?
What is going on in the economy, and what does it mean? (+ Why interest rate rises won’t work!) A more dramatic …
Now this is controversial... I can actually get behind the Mini-Budget. It is almost the exact opposite thing that Monetary Policy (traditional economics) says we should do!
When is the right time to ask for help? Running or managing a business takes a blend of passion, enthusiasm, work, empathy, …
Cash, Cash, Cash… It is time to re-iterate that keeping control of cash (and keeping positive bank balances) within a business is more important …
Changing Accountants or Bookkeepers… It’s boring, right? Why bother? It’s only numbers. As with anything these days, there are hoops that need …
Nowadays, you can’t turn the TV on without hearing some business reality TV contestant talking about how passionate they are about whatever …