from Blogs Dashboard:

A devalued pound can’t save the British economy

By Peter Gumbel
March 14, 2013

There it goes again. Sterling has been dropping sharply this year against the U.S. dollar and especially the euro, as Britain turns to a tried and trusted remedy for its economic problems: devaluation. Even with its slight uptick on Wednesday, sterling is down more than 6 percent against the euro since the beginning of 2013 and has slid 10 percent over the past six months.

from Breakingviews:

Were Luddites the victims of 2011-style finances?

March 11, 2011

The British weavers known as Luddites, who destroyed looms precisely 200 years ago, thought rising unemployment within their ranks was due to machinery. But there's a case to be made that inflation, money supply expansion, budget deficits and trade barriers were equally to blame. Maybe we haven't learned much in two centuries.

from MacroScope:

Broadbent’s BoE appointment keeps hawks in health

March 7, 2011

BRITAIN-BOE/Ben Broadbent’s appointment to the Monetary Policy Committee ought to dispel any notions that the Bank of England would be left short of hawks after the departure of Andrew Sentance.

Britons face rising price pain

By Reuters Staff
February 15, 2011

Fiona Shaikh is Reuters’ Economic Correspondent, based in London. –

from MacroScope:

How uncertain exactly is the uncertain BoE?

August 11, 2010

king-inflation.jpgFor a central bank that looks certain to bust its 2 percent inflation target for most of the time between now and the London 2012 Olympics, there is still a lot of uncertainty out there.

from The Great Debate UK:

Bank of England Inflation report offers markets a reality check

August 11, 2010

-Mark Bolsom is Head of the UK Trading Desk at Travelex Global Business Payments. The opinions expressed are his own.-

from MacroScope:

Rip-off Britain in effect

July 13, 2010

While most of the developed world frets about deflation, in Britain, inflation just won’t quit. 

BoE’s King “doesn’t do sex appeal”

March 22, 2010

Bank of England Governor Mervyn King was on good form when he addressed the Royal Society – Britain’s oldest scientific discussion club – on the vexing issue of communicating complex forecasts to the great unwashed.

Is a 1.8 percent inflation rate good or bad news?

August 18, 2009

- Sumeet Desai, Reuters senior UK economics correspondent. -

Inflation unexpectedly held steady in July, official data showed Tuesday, but economists still expect big falls in the annual rate this year and monetary policy to stay loose for some time to come.

from The Great Debate UK:

Deflation? It’s inflation you need to watch

March 25, 2009

-- David Kuo is a director at the financial Web site The Motley Fool. The views expressed are his own. --