Rat and Mouse
Thu
01
Jul
MPC member has stopped sleeping

There's nothing like news that a Bank of England Monitory Policy Committee member has "laid awake a number of nights" worrying about the economy. It's a quote from Adam Posen, and what - specifically - he's lying awake worrying about is whether the UK economy is the verge of the mother of all double dips. I've been finding it tough, getting to sleep on these muggy nights, too. I recommend any of these. A recent Bank of England survey suggests tough times ahead for wannabe mortgage borrowers. Elsewhere, recent house price survey data feeds into double-dip fears.

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