Thursday, 7 December 2006

On the economy

It was good to wake up to hear George Osborne expressing some doubts about the Chancellor’s rosy view of the UK economy yesterday. Sometimes we need to be told the difficult things.

Every year for the past 4 years a group of local mums have got together to go out for a Christmas dinner. The group includes teachers, doctors, the local midwife, teaching assistants, charity workers, scientists, lawyers, part time workers and me. This year the consensus is that we can’t afford it. Everyone is coming for a “girls night in” at my house instead. Is it because of the rising mortgage rates? Or because they are worried about the financial year ahead? I will find out more on Friday.

In the meantime I’m off to Stourbridge tonight where many people have doubts about their long term financial future.

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