Time for some opposite thinking

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Since the Conservative-led Coalition came to power the focus has been on reducing the deficit. It is the prism through which every political decision has been refracted.

Judging by recent pronouncements the years of austerity look set to stretch at least until 2018.

I'm not much of a political animal, to be honest I barely register as a political insect. So I shall leave to others the debates about cutting too far too fast versus the country being in hoc to the bond market and having no choice.

What I do want to look at is the core message. It is unfortunately one of fear and it is stifling demand.

In my mind, there is a proper discussion to be had around

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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