The only way could be down for shares – and Brexit is just the catalyst
The Brexit vote creates many uncertainties, exciting or frightening depending on your predilection. One thing which is certain is that the Leave victory was delivered by the less-skilled sections of the electorate. It seems part of a more general stirring up of what we might think of as the dispossessed, those who feel left behind […]
Guaranteed bank deposits and the market for lemons
One aspect of the Greek crisis which will affect many readers is the reduction in the amount of cash in a bank deposit which is protected. The Bank of England announced that the current guaranteed amount of £85,000 will be cut to £75,000 on 1 January. This has led to predictable outrage, with Andrew Tyrie […]
