OCR Cuts and Business Borrowing Costs

This chart clearly shows that cuts in the OCR have barely flown through to business borrowing costs. The spread between the OCR and the interest rate charged for business finance has increased markedly since the…

Charting Our Unemployment Crisis

Key Points: Unemployment is at a 13 year high of 7.3% Our recovery from the global financial crisis is pathetic. Our annual GDP growth rate is a national disgrace. Labour costs have increased almost 40%…