4 of 9 voted for a 0.5% hike to 0.75% this time, so there's clearly some awareness of this. Markets now expecting another 0.25% in both March and May to bring us to 1%. (View Post)

Markets put it as something like a 95% probability, but then they expected one in November which got delayed a month. Regardless of exact timing, expect BoE interest rates to be at least 1% by the en… (View Post)

My feeling is that mandatory vaccination for health workers is driven by emotions not facts. There are plenty of reasonable alternatives such as the following for those staff members not vaccinated: … (View Post)

Financial markets will finance short term deficits so long as there is stability and a pathway to growth and reducing any deficit. And Scotland could easily achieve 1% GDP from military spending cuts… (View Post)

I would think an independent Scotland could launch a new Scottish Pound pegged to Sterling in the near term, with a long term goal of joining the Euro. That would mean currency stability throughout, … (View Post)