Olipro->Creations(&Blog)

Well, actually this doesn’t apply to me at all, the pub is within walking distance, and it’s overstating really because Petrol costs about £1.10 a litre, whereas a pint of the black stuff is around £3.05 .

Anyway, I wouldn’t want to ruin the mood too much by being overly upbeat; the bank decided to leave rates on hold, the minutes showed that apart from 2 of the MPC members, they all agreed it should remain on hold, that Blanchflower bastard wanted it notched down, probably bums Gordon Brown in his spare time.

But I digress; personally, I was in favour of a rise; inflation’s gone a bit silly, and if we just stop for a second, one should note that oil is in dollars, not to mention good old Blighty tends to import a lot of food and goods… if we were to rise rates, the increase in international strength of the pound would reduce prices on essentials… Trichet clearly appreciates this fact.

Retail is buggered in both directions anyway, either find something new to sell, or face Hobson’s choice of closing now or dying on your arse.

Naturally that doesn’t apply to everyone, larger chains will no doubt fare the ill weather.

On a related note… what in the name of Black Jesus is going on with our banknotes? the inconsistency is ridiculous, I’m sure it must be confusing the hell out of foreign bureau de changes. For a start, the £50 note is the oldest one going, the 5, 10 and 20 from that series are defunct. there’s a new 20 which I’m very fond of, but there’s nothing at all like it, so it’s like some weird modernistic mutant.

All I can say is, I wish them the best of luck cycling new ones in once her majesty dies and we get a new monarch… actually, maybe that explains it all, they’re trying to save design expenses now because they’re all betting on the Queen dying soon.