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Mark Carney has a £250,000 housing allowance - why would he care about rising property prices?

Carney’s ‘forward guidance’ already looks like a farce

5 October 2013

9:00 AM

5 October 2013

9:00 AM

In popular myth, King Cnut the Great, more commonly known as Canute, set his throne on the sea shore and commanded the tide to retreat. One version has it that Cnut’s display was a sign of regal arrogance — though if the event ever did occur, it was more likely a rebuke to obsequious courtiers.

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Tim Price is director of investment at PFP Wealth Management.

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