Tag Archives: Nigel Farage

The Bank of England vs the banks of England – Negative Interest Rates

This article is from the Fortune and Freedom newsletter

On 28 September, economists at the US central bank published some important research. It concluded that imposing negative interest rates is a bad idea.

Sure enough, two weeks later, the Bank of England asked our banks whether they’re prepared for negative interest rates…

Typical.

But what are negative interest rates? Are they really coming to the UK? And what do they mean for you?

That’s what we’ll tackle today. Start to, anyway.

Negative interest rates may seem bizarre or impossible. But, when central bankers are involved, the bizarre becomes a lot more possible.… Click here to continue reading this article

British Politics: UKIP and Nigel Farage. Credible or not?

British Politics: UKIP and Nigel Farage. Credible or not?

For our friends in places other than the UK, Nigel Farage is the leader of a political party called UKIP: The UK Independence Party.

UKIP currently has 11 of the 73 UK seats in the European Parliament following the 2009 elections and subsequent changes. It also has three members in the House of Lords, all the result of defections.

The party also has one seat in the Northern Ireland Assembly, due to a defection by former Ulster Unionist Party MLA David McNarry in October 2012.… Click here to continue reading this article