Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

interesting how the nub is almost buried .... if rates rise to 3pc from 0.5pc by 2018
no one even knows when the NEXT rate rise will be, though it is certainly likely to be by mid 2015, so how these buffoons can think they know where rates will or might or just hypothetically may be in 3-4 years time merely goes to show that the whole article is just a load of nonsense taking up space in some journal

From post 40987 - "Earlier this week, Mr Carney suggested Britain was about to experience “sustained real wage growth”.
Wages including bonuses grew by 1.7 per cent in the period January to March against a year earlier. That was higher than March’s inflation figure of 1.6 per cent."

Pass the pipe Carney, I wanna be in your world!! Just good buttering figures these for his Conservative mate Osborne... All helps to sow the seeds early prior to a General Election..

http://www.youtube.com/watch?v=E0AGUooNdPk&feature=player_embedded

I think we all know where the wage growth came from..


"Wages including bonuses grew by 1.7 per cent in the period January to March against a year earlier"

As for the Abu Hamza al-Masri situation if the shoe was on the other foot things would have got done a hell of alot quicker! Utter one word against Islam publically and your branded a racist, up infront of a judge and thrown the book at.... Personally I think people like him should have been dealt with under the old https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/268021/oathofallegiance.pdf Nationality Act, whereby if your not a citizen of this country and you've offened those that are, then, you have just one right, and that is to fuck off to another country more in keeping with your mind set. The amount of money this one person has cost us is an offence in itself.

similar thoughts have crossed my mind from to time for fred!

Carneys getting a reputation for missing his targets just like Osbourne as done in the past. Lets face it if he had kept to his original target of unemployment at 7% or lower we'd have already had an interest rate rise.

Hays can you really trust a bloke like this with your interest rates???.

I dont think so.

And Shorties spot on.........

Shortie - 20 May 2014 16:41 - 40992 of 40995

From post 40987 - "Earlier this week, Mr Carney suggested Britain was about to experience “sustained real wage growth”.
Wages including bonuses grew by 1.7 per cent in the period January to March against a year earlier. That was higher than March’s inflation figure of 1.6 per cent."

Pass the pipe Carney, I wanna be in your world!! Just good buttering figures these for his Conservative mate Osborne... All helps to sow the seeds early prior to a General Election..

it really is blissful being "filtered" by sticky

first the silly sod makes nonsense capital that interest rates will most assuredly and absolutely and 120% certainly will rise "any day now" and at least once more before year end - which of course they did not and never looked likely to ......

and then he grizzles further when his "told you so" goes awry when it is decided that there is actually no need to raise rates at this juncture

and if it happens that rates are in fact not even raised before next june, then most assuredly he'll be whingeing again ..... as of course he will if they do go up!

The Conservatives will stand prior to the election saying that they have achieved this and that with figures to back it all up. Carney will make sure they have the figures required, this is what he's really doing in the BofE. All these unchallenged reports are just dress rehersal before the main event.

Lets face it, the BofE can produce pretty much any figures it wants unchallenged...

Do you really believe our growth figures when our main trading countries are not experiencing the same?

you cynical old fart you :-)

perhaps you can remind us all where and when the previous incumbents wrung their hands and hung their heads in shame and admitted they'd made a complete horlicks of virtually everything before the last GE :-)

So true Cynic, proves one point only though, that there all at it...

"you cynical old fart you :-)"..... lol, I think I've read too many of your posts...

As does IDSmith Shortie.

Ive never known a government fiddle so many figures. The main culprits Camoron, Osbourne and IDS. They keep getting put before comittees to explain themselves and why they have lied but they just ride rough shod over them.

Time we got some accountability back into government. Prison should be an option and thats for every MP going.

And the ONS is a dead loss, it even gets more forecasts than Osbourne and Carney put together wrong.

Filter him Shortie I have.

Lifes brilliant on here without his side swipes and silly twitterings.

The man doesnt know the meaning of LOGIC.

duplicate.

duplicate.

FRED will have him when hes back off holiday.

set Fred set Fred, set.

gf
Unemployment WASN'T the target for a rise in interest rates and never has been. What he said was that he wouldn't consider a rise until 7% and then he would start considering it depending on other factors. In the event, it wasn't necessary. I know it suits you to distort history and reality.

LOL LOL hays just read what you have posted.

Then read my post below.

goldfinger 20 May 2014 17:21 - 40997 of 41008 edit this post

Carneys getting a reputation for missing his targets just like Osbourne as done in the past. Lets face it if he had kept to his original target of unemployment at 7% or lower we'd have already had an interest rate rise.

Hays can you really trust a bloke like this with your interest rates???.......ENDS

Please please stop playing with words. Your starting to make a fool of yourself.

And he got caught out with the speed with which unemployment fell (due in whole to IDS fiddled figures).

Their are no doubts he was caught out and then sneekily moved the goal posts. Why on earth do you think he feels so uneasy now.

He dam well knows hed have put interest rates up if Osbourne hadnt leaned on him.

And heres the evidence, it couldnt be any clearer........

BoE’s Mark Carney signals scrapping of forward guidance
By Chris Giles in Davos
©Charlie Bibby

Bank of England governor Mark Carney
Mark Carney, Bank of England governor, has signalled that his policy of linking interest rates to the unemployment rate will be buried less than six months after its birth.

Mr Carney flagged the U-turn at the World Economic Forum in Davos, letting the news emerge in a series of television interviews where he said that unemployment alone would no longer guide policy.

George Osborne, the chancellor, supported Mr Carney on Friday morning. Speaking at Davos, Mr Osborne acknowledged the fall in unemployment had changed the way the BoE would run monetary policy, but stressed the 7 per cent unemployment rate was a threshold and not a trigger.

“That we’re talking about exit is a mark of success. We’re not in the gloomy debate that we were having at Davos a year ago.”

Financial Times.