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Notayesmanseconomics's Blog
08.07.2025
These days we find ourselves in a situation where governments spend ever more - my updates on the public finances show expansionary fiscal policies - but there is a large amount of dissatisfaction with the services provided. As an initial point I will start with potholes in the roads partly because the roads near me…
09.07.2025
This week is another one where the UK Public Finances are again in focus. Today in particular with the publication of the latest forecasts from the Office for Budget Responsibility or OBR. But already we find ourselves singing along with Glenn Frey. The heat is onOn the streetInside your headOn every beat. The reason for…
10.07.2025
I thought that today I would start my analysis by looking at a consequence rather than a cause, partly because it is awfully familiar to those of us in the Western world. Yesterday I spotted this in the Financial Times. Chinese investors are driving a sharp rally in mainland bank stocks listed in Hong Kong,…
11.07.2025
There are some certainties in life beyond death and taxes and one of them is the British state's enthusiasm for house price pumping. Let me hand you over to the Financial Stability Report from the Bank of England. The FPC discussed the current operation of its LTI flow limit, building on its deliberations in Q1.…