Is the size of a chocolate bar as good an economic indicator as a graph or model? If you notice that your rent's going up, your annual railcard costs another £200 and the amount of cereal you get in a box is shrinking, that can tell you things about inflation ahead of official data. ...read
Rachel Rickard Straus for Thisismoney.co.uk's recent articles
RACHEL RICKARD STRAUS: Don't pay the mugs' premium – the sly cost companies try to slip on complacent customers' bills
If you don't shop around, you're often charged a mugs' premium, because the company will put you on an expensive tariff knowing you're probably not going to notice or do anything about it. think it’s ridiculous that we as consumers have to play this game with companies, whereby the moment we get complacent they sneak up costs and see how much they can get away with until we cotton on and go somewhere else. ...read
RACHEL RICKARD STRAUS: The evidence is clear that house price rises must stop – so why can't we see it?
‘If something cannot go on forever, it will stop.’ When I read this quote, said by Nixon’s chief economist Herbert Stein, it sent a shiver down my spine. I think it speaks volumes about the housing market. There are so many things we cannot say for sure about it - whether Brexit, stamp duty changes and interest rates will affect prices, for example. But one thing I think we can say with certainty is that 'it will stop'. ...read
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