Home Authors Nevill Boyd Maunsell

Nevill Boyd Maunsell

King's explanation of 4.7pc inflation dashes hopes of interest rates cut

Hopes of early interest rate cuts to steady nerves in the new burst of financial turmoil have been dashed by the Bank of England’s governor Mervyn King. Read

New survey suggests house prices falling at slower rate

West Midland house prices fell by less than one per cent over the year to July, according to numbers from the Department for Communities and Local Government. Read

Why UK should avoid Lehman Brothers-style disaster

Birmingham Post Economics Editor Nevill Boyd Maunsell gives his views on the collapse of the Lehman Brothers investment bank. Read

CBI wants half-point cut in interest rate

The CBI is calling for a decisive half-point interest rate cut in November, while forecasting a shallow recession this winter before a gradual recovery next year. Read

What does doom-monger Blanchflower know that we don't?

David Blanchflower, the American academic on the Bank of England’s monetary policy committee, who regularly votes for an interest rate cut, is convinced that unemployment is about to take off mercilessly and turn our banking and mortgage crisis into a raging recession. Read

OPEC ensure the search goes on for alternatives to oil

OPEC forced up the price of oil by its shock announcement that it was cutting down on production. Read

If we're lucky, we might miss the worst of the R-word

Be thankful to the Stock Exchange’s computer for crashing on Monday, sparing over-excited dealers from the folly of chasing the Paulson bounce. Read

Manufacturing output down again

Manufacturing output fell for a fifth month running between June and July, the longest stretch of monthly declines for seven years, according to official numbers. Read

Housing market needs slow turnaround not a quick fix

Don’t gloat at Gordon Brown struggling to head off challenges for his job as he writhes and wriggles his way through of the TUC and Labour conferences. Read

Wimbledon analogy doesn't add up on ownership issue

Ownership doesn’t matter. So we were first told after the stock market’s “big bang” a quarter of a century ago, when the Exchange’s rule book was decreed to be a clubby, illegal restrictive practice. Read

Mucklow targets more property as portfolio drops £41m in value

A&J Mucklow is preparing to buy commercial properties as soon as prices stop falling, despite writing down the value of its existing portfolio by £41.2 million. Read

What did Darling think he was doing in that interview?

Tell the difference between Sir Stafford “austerity” Cripps, “sunny Jim” Callaghan and our own dire Alistair Darling? Read

12-year low for the pound

The headlong devaluation of the pound continued unabated as Britain’s currency sank to a two-and-a-half year low against the resurgent dollar and to a 12-year low against a trade-weighted basket of currencies. Read

West Midlands manufacturing suffering more than most

Industry in the West Midlands is suffering more from the economic slowdown than manufacturing than almost every other region of Britain, according to a new survey. Read

Carillion expects healthy growth after McAlpine deal

Carillion’s £280 million acquisition of Alfred McAlpine, completed in February, looks like yielding bigger economies than expected. Read

Home-owning democracy losing its appeal

Are we witnessing the end of Margaret Thatcher’s home-owning democracy? Well, not while the housing market is frozen solid so that it is all-but impossible for existing home-owners to sell. Read

Housebuilders counting on tax relief to come to the rescue

Huge losses do hurt at the time, but for those housebuilding companies that survive, they can generate wonderful tax losses for the future. Read

Taylor Wimpey in a scramble over borrowing

Taylor Wimpey, parent company of Bryant Homes, is holding out the prospect of renegotiating the terms of some of its borrowing agreements before it breaches its banking covenants early next year. Read

US election could still pull the economy round

It is one of those maddening stock market maxims like “Sell in May”. Wall Street does well in years divisible by four. Read

Brakes put on fall in mortgage approvals

The number of mortgages for house purchase approved by the big banks stopped falling last month, rising marginally to 22,448 – 65 per cent fewer than in July last year. Read

Author Profile

Nevill is The Birmingham Post's economics editor and based in the newspaper's London office.

Get Involved

We want your local stories, videos & pics.