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Inflation should be linked to rates or target means little

In response to the news that the Bank of England has downgraded its forecast for economic growth by 0.9% for next year, governor Mervyn King was in charge of the Bank under a Labour government that regularly produced inflated growth figures.

If he had challenged them then he would not be repeatedly revising them downwards now.

It should be set in stone that if inflation stays above the official target of 2% for a certain period of time interest rates will go up.

While this is not the case the target means little and simply creates uncertainty in financial markets.

You can’t force banks to lend if they don’t want to. It’s just rhetoric from the government and even if it isn’t, by the time it is legislated for the coalition will have fallen apart at the seams and the Liberal Democrats will have been swallowed up by the Tories.

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‘F’ word may make clients responsible

Public health minister Anne Milton has suggested that doctors should call overweight patients fat rather than obese. Her thinking is that if GPs start using the ’F’ word when talking to patients it’s more likely to motivate them to lose weight. Her straight-talking words follow the announcement that ministers wish to place the emphasis on […]

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Health Shield announces strong results

Health Shield, a corporate health cash plan provider, has announced that it has increased gross annual premium income to more than £25m in another year of strong organic growth.


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