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DMcWilliams_UK

  1. Watch out for Cebr's latest estimate of the economic impact of Euro breakup. Contact Cebr for an embargoed copy...
  2. Why have supermarket sales held up in recession - beer sales down 19%, petrol down 15%, domestic gas down 18% - leaves money to spend...
  3. Chinese electricity consumption figures for April up only 3.7% yoy. I warned when I was in China last month that landing might be 'bumpy'.
  4. Grexit will happen much more quickly than politicians think cityam.com/latest-news/al…
  5. Great article by Boris on Telegraph site undermined by misspelling of 'defeatist'. Does the BBC have a mole on the Telegraph's subs desk?
  6. The real world finally comes to the City. Cebr's latest forecasts for City bonuses will be published tomorrow.
  7. Will the euro break up this week? The ECB has firepower to calm markets but today's elections should highlight the underlying problems
  8. Key new point of Mervyn's 'apology' is claim that Brown delayed bank bailout causing recession. Did he say this at the time? I did...
  9. Markets where they ended last week. They are underplaying what could be a perfect storm from Greek election, Spanish debt and Hollande win
  10. @SkyCharlotte We didn't actually say they should be scrapped - just spread out better.....
  11. Are bank holidays bad for the economy? There is a hit on productivity but some extra spending.....discuss
  12. OBR's medium term forecasts seem to be based on inverse law of economic gravity - what goes down must come up - unlikely in the real world
  13. Treasury has vindicated Cebr study on 50p rate....pity they are too much into 'not invented here' to give credit
  14. Budget data shows tax change impacts marginal - biggest single impact is people will delay dividends and bonuses till 45p rate comes in
  15. Cebr's study showed economic impacts of CT cuts were long term - cd be 4% after 15 years but no significant impact for first 3 years
  16. Loose talk on the BBC about what has to be done to pay for cutting the 50p tax rate. Since it loses money, it doesn't have to be paid for!
  17. @tobyhelm no
  18. Don't see the logic of a 45p top tax rate. 100% of the political aggro for only 50% of the economic benefit
  19. Labour plan £1 billion from bankers' bonus tax. Bonuses are £4 billion, so rate 25% + 50% top rate 16% total NI = 91%. Realistic?
  20. @iainmartin1 Read it and thought you got it spot on. Good analysis!