Macmillan's ghost

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"You've never had it so good" is a phrase much repeated since Macmillan first used it as a campaign ...

"You've never had it so good" is a phrase much repeated since Macmillan first used it as a campaign theme in 1959 to remind the nation of the economic well-being of the country. Could an opportunistic politician be muttering it again in the next few months as we approach a much-touted May election? With base rates on hold for the successive eleventh month following January's MPC meeting, there are certainly a lot of statistics pointing to a stable, healthy economy. If one uses the Bank of England base rate as a measure of economic stability and well-being, there is certainly some persuasi...

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