I'll be straight. In the EU referendum on 23rd June 2016 I voted to remain. Boris Johnson told us after Brexit we would "prosper like never before". This blog will track what this means in reality over the coming months and years as we watch the slow motion geopolitical earthquake that is Brexit break the nation and lead us down a path to penury or humiliation. Let us hold all those responsible to account.
Wednesday, 29 June 2016
UK consumer borrowing hit a 10 year high in June
Reuters are reporting (HERE) today that consumer borrowing hit a 10 year high. I assume this is a reflection on confidence in the UK economy. I'll keep an eye on what happens to the numbers in the months ahead. If there is a big drop it will not bode well.
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