The Finseta Blog

The biggest news this week came yesterday when the ONS released data showing that inflation had gone up once again in the UK. It is now sitting at a 40-year high of 9.1%. (The last time inflation was this high, Margaret Thatcher was Prime Minister and Charles and Diana had only recently got married.) The […]

A reserve currency is one that is held in large numbers by a foreign country’s central bank or monetary authority. Reserve currencies are held for a number of reasons including: To minimise exchange rate risks To sure up the domestic currency To make complex international payments between countries To help, support and facilitate global trade […]

It’s been another difficult week for the UK economy. Figures released this week showed that in April, the UK economy shrank by 0.3%, following on from the 0.1% contraction in March. This has led to a number of influential figures including a former Chancellor suggesting the UK was almost certainly headed for a recession. We […]

When you hear the word ‘Hyperinflation’ you probably think about that history lesson you had in school, the one about Germany between the wars where a wheelbarrow full of cash was needed to buy a loaf of bread. The one that included The Wall Street Crash and brownshirt Nazi thugs beating people up in the […]

The ongoing cost of living crisis and domestic politics have dominated the agenda this week in the UK. The bunting from last weekend’s spectacular Platinum Jubilee Celebrations hadn’t even been packed away before the news was out that the Prime Minister would face a vote of no confidence on Monday. We discussed this in an […]

If there is one thing that markets hate, it’s instability. If they know change is coming, even if it’s potentially radical, it can be factored in, accounted for and the potential storm can be weathered. A surprise however is never welcome. On Monday, the UK Prime Minister won a vote of confidence from his party, […]