Tag Archives: sterling

Christmas Tree Inflation

Christmas! I said, or words to that effect. I definitely invoked our saviour, and I was as flabbergasted as anyone involved in the Nativity Story itself. I stood stock still like the ass on seeing a child being born in a manger; I gaped like the Wise Men beholding the star in the east; and I quivered like dear old Joseph on being told by his wife that she was about to give birth to someone else’s child, but it was really quite all right, darling, and there was no case for jealousy and it was indeed a great compliment that she had been chosen by the chap in question. Continue reading Christmas Tree Inflation

Gordon Brown and the sorry state of the pound

Why is the pound at a 12-year low against a basket of other OECD currencies?

Peter Mandelson and Gordon Brown have peddled some pretty good bilge in their time, but I don’t think I have ever seen anything so bare-faced and intellectually putrid as their attempt to blame the Tories for the sorry state of the pound. Continue reading Gordon Brown and the sorry state of the pound