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Latest Articles

Dear Mervyn – the real letter
If the Bank of England fails to keep to within 1% of the Government's 2% inflation target, the… »
Bank of England rolls the printing presses again
With no great surprise, the Bank of England’s MPC has announced another bout of £50 billion of… »
State pension delays for women
An SOS reader has complained about the confusion caused by the government’s decision to… »
Savings Accounts: Past, present and future
Until the late 18th and early 19th century, there was no facility for most people to save. Banks… »
Mervyn King misleads on household debt
In October, Bank of England Governor Mervyn King warned that we could be suffering our "worst… »
The dangers of prolonged low interest rates
The Centre for Economics and Business Research believes that the UK economy has double-dipped back… »
Why we need sound money and a restoration of savings
Politicians, bureaucrats, academic economists and their disciples in public service broadcasting… »
MPC holds base rate at 0.5% for 35th month in a row
Another month, another MPC decision to keep base rate at 0.5% as it has been since they first… »
Are low interest rates the answer – or the problem?
There is a near universal belief among economists, politicians and the public at large that low… »
Why the MPC has failed
Members of the Bank of England regularly give speeches. Often they are technical and dry and go so… »