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Well who would want to be an MPC member right now? This morning, Ed Balls is cited in the press criticising King’s effective endorsement of the coalition’s austerity measures, they have critics claiming inflation is out of control and even a member of the MPC committee, Andrew Sentence, effectively saying policy has been wrong and [...]

The minutes of the last MPC meeting, released yesterday morning, show that the central banks’ policy committee voted unanimously to leave UK interest rates on hold at 0.50% this month (having been at this level for over a year now)

02The skies have finally been cleared for flying, although the hundreds of thousands of people waiting to return home from overseas means that it will still take some time for the backlog to clear. As the planes start to take off so do the recriminations…