Warming up
Article Abstract:
United Kingdom interest rates look set to rise and could reach 8%, according to Charterhouse Tilney. Consumer spending and employment levels mean that overheating is a danger, and tighter fiscal policy will not solve the problem. Tighter policies should have been imposed by the end of 1996, and the Bank of England has still not caught up. Equities are faced with a difficult environment for 2nd half 1997 and stock prices could even drop by more than 10%.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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How many tax bills make a Nottingham?
Article Abstract:
Announcing the day's movements in the sterling exchange rate, the FTSE 100 and interest rates could be improved by quoting the index denominated in annuity prices. Other figures could also be made easier to understand, such as measuring the price of BP shares in barrels of oil. Extremely large numbers are hard to comprehend and there is a need for more appropriate units, such as measuring things in relation to the average tax bill.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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