Who loves Rishi’s Budget?
You might think that a Conservative Chancellor of the Exchequer would regard his Budget as a success if it was enthusiastically welcomed by the Daily Telegraph. But a Chancellor always has other important audiences. How will they respond to Rishi Sunak’s Budget?
No interest: what can you do?
Interest rates are low and the Bank of England has signalled that it expects them to stay low for at least the rest of this year. After NS&I cut its interest rates last autumn, the commercial banks swiftly followed with rate cuts of their own. Most instant access accounts now pay under 0.2% and even a 90-day notice account pays well under 1%.
Bitcoin mania strikes again
Bitcoin is back in the news after its price rose through the $40,000 level for the first time. As usual when something doubles in price within a year, people start asking whether they should be jumping on the bandwagon.
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