#catherine mann

The Sweet Tea Odyssey: A Novel

Today my home country the UK is back in focus and we can start with the Bank of England. We can start with this from Thursday. UK real gross domestic product (GDP) is estimated to have increased by 0.1% in Quarter 4 (Oct to Dec) 2025, following a 0.1% increase in the previous quarter. It used to be the case that the Bank of England moved pretty explicitly in response to GDP movements. There is an…

Here it is already the end of another month. Where does the time go? I have been busy as usual reading some wonderful books for the month of October of 2025. Here are the 8 books I read and reviewed for October. I might have read even more if I didn’t have a few WIP. But I always seemed to have a WIP! That fact never stops me! I hope you enjoy reading these reviews. I love sharing my eclectic…

After a couple of days of pretty good economic news for the UK we have stumbled this morning, because this is rather disappointing. UK gross domestic product (GDP) is estimated to have fallen by 0.3% in Quarter 4 (Oct to Dec) 2023, following an unrevised fall of 0.1% in the previous quarter. So we have fallen into a recession as it turned out that the whole quarter was worse than we had been…

Yesterday saw a speech from Bank of England policymaker Catherine Mann and we can look at her words in the light of this morning’s UK labour market data. Let me start with what was her central point. To pause or to hold the policy rate lower for longer risks inflation becoming more deeply embedded, which would then require more tightening in total, to both change inflation itself and to wring-out…