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Editor's letter: The alchemy of assets

The current collapse in the price of financial assets represents a collapse in the amount of cash that someone else is prepared to put at risk by buying them

Economics: Nobody's Darling

Hype surrounding the Budget often means more than the content, and this year was no exception

Economics: Hard pounding

The UK needs a strong pound to help stave off recession, but currency trends do not look positive

Editor's letter: This isn't Labour's Black Wednesday…

… but it is the day the government decided to stop throwing good money after bad

Economics: First strike

The MPC’s decision to cut rates is an attempt to pre-empt any talk of an economic collapse in 2008

Economics: Smash 'n' grab

Curtailing government borrowing doesn’t, it seems, extend to borrowing ideas from the opposition

Economics: Home truths

The trouble with managing the economy with interest rates is that it might come back to slap you in the face

Economics: Little surprise

While a rise in interest rates by the MPC is widely expected, the magnitude of the rise is unprecedented

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