In the 1970s, the British comedian, Spike Milligan devised the Q series. This was a surreal comedy show, which when any particular sketch had come to an end without a suitable punchline, the actors would then wander around saying “What are we going to do now?” UK economic policy seems to have reached the “What are we going to do now?” stage.
Recent data have shown that in 2012, China overtook the USA to become the world’s most important trading nation. On the basis of aggregating total imports and total exports, China’s total international trade amounted to $3.87 trillion, and that of the US was $3.82 trillion.
Independent financial advisory firm and wealth manager, London Wall Partners, announced today the appointment of David Lovell as Partner. A Director of IFA firm Saunderson House for the last 22 years, the appointment sees Lovell reacquainted with his old firm’s former Chief Executive Officer, Nick Fletcher.
Over the ten complete quarters that the current UK government has been in power, economic growth has been minus 3%, but total employment has risen by 1%. For the last calendar year, the data show the size of the economy as unchanged but total employment up by over 550,000 or about 1.6%.
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