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Showing posts from April, 2010

Uncertainty

Is it just me, or do things around the world (and particularly the UK) seem so much more uncertain in the past year or so? First there was the economy, with the spectacular failure of some financial institutions. The Labour government's "prudence" with the public purse suddenly looked like a complete illusion. Despite the fact that this is meant to be a global recession, for some reason the Pound has fallen to an unprecedented low against the Euro and looks weak even against the US Dollar. Then there was inflation, with certain items rocketing in price to an extent that doesn't tally at all with the official figures - some foods in my local supermarket have gone up by 20% or more in one jump, and margarine actually increased by 100% in a matter of months. We were assured that the leap in fuel prices was due to an increase in the cost to the suppliers but, while oil fell in price, we are still waiting for a reduction in domestic gas and electricity prices. Thi