This site is English – get used to it…

Posts tagged “bank of England

This weeks words and pictures

artistic in grey scale

It’s not very warm this morning in the heart of England. I suppose this is good news for the energy companies who will fleece us again this winter. Maybe, the new governor of the Bank of England can bring some pressure to bear on the water companies and energy companies to keep bills down this winter.

(more…)


Finance Friday | Loose money

It’s difficult these days to even define what money is. It can be coins in our pockets, notes in purses and wallets or numbers on bank account statements. Money can be just bits in a computer or  tokens of any kind.

(more…)


39 days and 39 nights

The Milky Pool 015

Yes, there are 39 days and 39 nights to go before Spring arrives. I wonder if I should have written this post yesterday? Nay, I always write these on a Sunday. That reminds me of the news this week, which was about horse meat; yet again. I think it’s time the authorities got the bit between their teeth and reined in this problem before the whole nation gets the galloping trots…

(more…)


How would you fix the economy?

Imagine for a moment, that you lived in a small village and was fairly self-sufficient, producing your own food. You even produce enough to sell to the Lord of the Manor and the rest of the village.

(more…)


There is more money, but are you getting your fair share?

Money - Seeing the future

News from over the pond in the USA this week was that the rich have increased their wealth by around 15% in the past year. That doesn’t surprise me, the rich are getting richer all over the world. Governments print more money and it disappears. Are you getting your share? Or are you even worse off?

(more…)


A financial storm brewing?

I keep getting emails telling me that there is a financial storm brewing. I don’t watch the video, they tend to ramble on and you’re none the wiser afterwards. They are after my money, I can be sure of that. So will the recession in the UK get worse? Or better?

(more…)


Finance Friday | luck of the draw

Money - Seeing the future

Next Friday there is a Euro-millions draw and although the odds of winning the jackpot are over 100 million to one; we have a better chance in the UK Millionaire raffle. That will be creating 100 new millionaires next week and the odds are better. I think I will buy a ticket for that! I might be lucky! (more…)


Thrifty Thursday | savings

Stir fry

I haven’t been shopping yet this week, but intend to go to both Asda and Aldi. I need something to do stir fry with. I would prefer diced pork, but will make do with bacon if I have to! I had peaches from Aldi last week they are part of their super six. The super six this week are apples, oranges, peaches, cherries, bananas and cantaloupe melon. They are all 69p each. The peaches are delicious and the bananas are OK. I tried apples but they tasted like cardboard. Comment if you have tried the cherries! (more…)


Frugal Friday | Extremely frugal

FRUIT 006

In the pan this week we have left over boiled potato, fried golden brown. I had this the other day with fried chicken livers and veggies. I also like it with bacon and egg and lashings of tomato ketchup. Yummy… (more…)


Money | Peer to peer lending

Money - Seeing the future

According to research by Moneysupermarket.com one in four workers in Britain are using 40% or more of their wages to pay off debt. The total debts are more than £9 billion and the average payment is £322 per person each month. You may be able to consolidate debts with a loan from Zopa. If you have a good credit rating the interest rate from Zopa might be less than on your loans or credit card debt. Another option is to transfer credit card debt to a interest free card, a number of banks are doing good deals now and up to 20 months interest free. If you need help with debt try the Consumer Credit Counselling Service. (more…)


Fixing the Global Economy!

MONEY 007

Quantitative Easing

The Bank of England says it saved us from a double dip recession with quantitative easing, so why are things still stagnating? Have they really fixed anything or are they trying to inflate their way out of the problem of massive debts? We still appear to be suffering from higher prices, higher unemployment, higher energy and housing costs, crippling taxation and on top of that we have David Cameron running the country! (more…)


Print your own money?

Money - Seeing the future

Italy

(Reuters) – A small town in central Italy is trying to go independent and mint its own money in protest at government austerity cuts.

Filettino, set in rugged hill country around 100 km (65 miles) east of Rome, is printing it’s own money to get around the austerity cuts. I like this idea! Localised quantitative easing and why not? If central bankers can do it, why not local people. Money is just paper, you can print anything to represent money, notes, vouchers, stamps; you don’t even have to print it with computers and smart phones, it can be just numbers on a computer screen; bits transferring from computer to computer. It just has to be credible. It has to mean something. The town council could issue notes or whatever with the town hall as security; that would be more solid and have more backing than the bank notes we use every day! (more…)


Follow

Get every new post delivered to your Inbox.

Join 750 other followers