The UKs largest saving product remains as popular as ever after 60 years. Originally introduced by Harold McMillan in 1956 with numbers randomly picked out by ERNIE – the Electronic Random Number Indicator Equipment, it now uses thermal noises in transistors as its source of randomness and can generate over one million winners per hour.
For 7 years the Monetary Policy Committee (MPC) for the Bank of England has kept UK interest rates at their record low of 0.5%. During this time, we have seen a tentative recovery, but policy makers have remained cautious with their monetary policy for fear of derailing an economy that is still seen as fragile.
Around a month ago I was invited to give a talk at Wilmslow High School as part of their Careers Carousel. I was asked to give three presentations throughout the day to the year 11 students who were contemplating a career in financial services. As the day approached I found myself wondering what they would
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