This is the latest in my series of podcasts explaining how economics works in the credit crunch and now virus pandemic era. This week I give my thoughts on I’m beginning to really worry (not sure I’d say fear yet) about stagflation in the UK. Be interested in your thoughts.?
Brits spend approx three times as much on food and non alcoholic drinks at home than they do on eating out. So why does the ONS weight restaurants and hotels higher in the inflation basket?
Why are UK 10 year bond prices so low, 4.46% today, within the last year they have been as high as 4.8/4.9.
Debt up, spending up, taxes up, so why the improvement?