We need to look convincing-Deflation is a mindset as well

The Bank of Japan must try harder to convince the public it can spur faster price increases, a Japanese central banker said in a speech that acknowledged it could be some time before the institution achieves its inflation goal.

Sayuri Shirai

"The Bank needs to increase its dialogue with the public to promote understanding of the importance of the 2 percent target," Sayuri Shirai, a member of the Bank of Japan's policy board, said at a monetary policy conference on Friday.

Japan is engaged in a monumental campaign to revitalize an economy plagued by years of stagnant growth and falling prices. The Japanese central bank is playing a pivotal role in the effort, engaging in massive money printing in a bid to reverse the nation's deflationary mindset.

Shirai said it could take some time to get inflation to 2 percent. "It is possible that it may take even longer to achieve a situation where the 2 percent target is maintained in a stable manner," she said.

She said there have been some signs that the public is adopting higher expectations for inflation, which would be a major accomplishment for the central bank, but that some of the increase was due to the impact of a looming tax hike.

This means the Bank of Japan has work to do to convince the public that it will spur higher inflation.

"Maybe some people still have some doubt about our commitment," Shirai said during a panel discussion following her remarks.

We shouldn't turn off the Fed's taps for another 2 to 3 years

 Turbulence on Wall Street will likely return when the Federal Reserve decides to hike interest rates, top U.S. economists said in a paper that warned the Fed's huge stimulus program could have harmful consequences.

The paper, released on Friday, focused on a financial market selloff in mid-2013 after Fed officials said they planned to trim monthly bond-buying.

The authors found mutual fund investors participated heavily in the selloff even though their market bets weren't made with a lot of borrowed money.

This is important because policymakers sometimes weigh the chances of a financial crash by looking at the size of leveraged bets, which can be prone to swift reversals. The research highlights a perhaps under-appreciated risk for the Fed's plans to wind down its easy-money stimulus.

Minneapolis Fed President Narayana Kocherlakota.

"Whenever the decision to tighten policy is made, then the instability seen in summer of 2013 is likely to reappear," wrote JPMorgan chief U.S. economist Michael Feroli, University of Chicago professor Anil Kashyap and two other well-respected economists.

Several Fed officials were present at the high-profile economics conference where the paper was presented, and two said the paper raised real concerns.

That said, the ideas highlighted by the paper already play into the Fed's current monitoring of financial risks, said Minneapolis Fed President Narayana Kocherlakota.

Kocherlakota, who is a voting member on the Fed's rate-setting policy committee this year, has argued forcefully for monetary stimulus and said the U.S. economy remains so weak that the Fed still has another "two to three years" to mull financial stability risks.

Deflation in Europe isn't happening -Consumer spending is up

Consumer prices grew 0.8% in February from a year earlier in the euro zone, the European Union's statistics office Eurostat said Friday, well below the ECB's target of just below 2%. But that was higher than expected, with the consensus forecast of 24 economists surveyed by The Wall Street Journal last week for a reading of 0.7%.

"February's euro-zone consumer prices figures don't change the picture of very weak price pressures in the currency union and hence don't rule out further policy action from the ECB next week," said Jonathan Loynes, chief European economist at Capital Economics.

Those policy makers who are reluctant to provide further stimulus may also be encouraged by figures released by Germany's statistics agency Friday, which showed retail sales in the euro zone's largest member rose at the fastest pace since February 2007, jumping 2.5% from the previous month.

ECB policy makers have repeatedly said they don't expect outright declines in consumer prices, known as deflation. They reject comparisons with Japan, which struggled with deflation for two decades, saying the ECB has acted more decisively than Japan did in the 1990s and that European banks are stronger.

An extended period of falling prices would be highly damaging for the euro zone, as governments and households are already struggling to reduce their elevated levels of debt. When prices fall, the effective debt burden rises.

Greece bond yield fall as ECB Monetary stimulus in the pipeline

European government bonds rose this week as speculation the European Central Bank will expand monetary stimulus combined with optimism that the region is exiting its sovereign crisis to boost demand for its assets.

Greece’s 10-year yields fell yesterday to the lowest since the nation received its first financial bailout in May 2010.

Greek 10-year (GGGB10YR) yields fell 67 basis points, or 0.67 percentage point, this week to 6.96 percent at 5 p.m. London time yesterday, after declining to as low as 6.76 percent. The 2 percent bond due in February 2024 rose 3.905, or 39.05 euros per 1,000-euro ($1,381) face amount, to 73.85.

The rate climbed to a record 44.2 percent in March 2012.

 Portugal’s bonds rose as the country bought back debt.

Portugal’s 10-year bond yield slid eight basis points to 4.85 percent, the biggest weekly drop since the period ended Jan. 31. The rate fell to 4.78 percent on Feb. 27, the least since June 2010.


Benchmark German 10-year (GDBR10) bunds pared gains yesterday .Germany’s 10-year bund yield dropped four basis points in the week to 1.62 percent, after falling to 1.55 percent on Feb. 27, the lowest since July 24.

 ECB policy makers are scheduled to meet on March 6.

Inflation unchanged- so looks like no ECB rate cut

Inflation is expected to be unchanged at 0.8pc this month, easing the pressure on European Central Bank boss Mario Draghi to take further action.

Economists had expected the rate to dip below 0.7pc, but the fact that it remains stable means it is less likely the ECB will reduce its main interest rate further when it meets next week.

It comes as the unemployment rate in the eurozone also remained stuck at 12pc in January.
Mr Draghi has warned of the risk of inflation getting stuck in a danger zone below 1pc, but said again on Thursday that there was clearly no deflation.

The February inflation rate was stable because lower energy costs were offset by more expensive industrial goods and services, according to Eurostat data.

Irish Property-Dublin Rises up as the rest keep falling.

The outlook for property prices in Ireland is starting to improve three new surveys show – with Dublin leading the way.

One survey, from property website Daft.ie says Dublin property prices in Dublin rose 5.3% year-on-year with prices in the south now up by 12% in the first six months of the year.

Meanwhile, the latest figures from the Central Statistics Office (CSO) show prices have fallen 1.1% in the last year across the country but have risen in Dublin by 1.3%.

Dublin City

Another report from website MyHome.ie says asking prices in Dublin have risen for the first time since 2007, up 1% on a year ago.

Economist Ronan Lyons, of Daft, says the Dublin market is surging ahead of the rest of the country.

“This is certainly the first time such rapid growth in asking prices has been recorded anywhere in the country for almost six years. The underlying cause is a lack of supply in the capital, while demand has steadily been rising.”

Compare the latest figures with the decline of 15.3% in the 12 months to May 2012 reported by the CSO and it is plain to see how much the market has improved. The increase follows a larger 0.8% rise in April.

In Dublin, residential property prices grew 0.5% in May. House prices grew 0.5%, up 1.3% higher compared to a year earlier and apartment prices in the city were 1.2% lower on May 2012. The apartment figures are based on low volumes and so are open to greater volatility.

The price of residential properties in the rest of Ireland grew by 0.1% in May, the same rate as May last year. Prices were 2.8% lower than in May 2012.

House prices still have a long way to go to reach the highs of 2007 and Dublin prices are 55% lower than at their peak.

The fall in the price of residential properties in the Rest of Ireland is 48%. Overall, the national index is 50% lower than its highest level in 2007.

The figures from Daft show the fastest price rise since the first three months of 2007, just before the property market crashed.

Although prices outside Dublin are falling – 9% lower than this time last year – the rate of decline has slowed sharply from an average of 15% in 2012.

The average property price is €193,000 and the supply of properties for sale is now at its lowest level since the middle of 2007.

Car Sales Boost Irish Retail Sales

New figures from the Central Statistics Office show a rise in the volume of retail sales in January, on the back of strong car sales.

The CSO said that the volume of retail sales rose by 2.3% in January compared to December with car sales growing by 6.3%. On an annual basis, retail sales rose by 8.9% - the biggest yearly rise since May 2005.

But when motor trades are excluded, the volume of retail sales fell by 1% in January from December, while there was an increase of 2.7% in the annual figures. 

Among the other sectors recording an increase in sales was the furniture and lighting sector, with sales there up 0.8%, while other retail sales rose 1.5%.

But sales in department stores fell by 4.6%, while pharmaceuticals, medical and cosmetic sales were down 4.1% and books, newspapers and stationary decreased by 3.7%.

The CSO said that the value of retail sales rose by 1.8% in January compared to the previous month, while there was an annual increase of 6.9% when compared with January 2013.

When car sales are excluded, the CSO said there was a monthly fall of 0.3% in the value of retail sales and an annual increase of 0.9%.

"Although there is still a general air of caution among consumers, there does seem to be a view that the worst is over," according to economist Alan McQuaid of Merrion Stockbrokers.

"A key issue going forward will be the state of the labour market, and the signs are encouraging on this front as we’ve seen with the most recent official employment data and the Live Register in recent months."

However, Mr McQuaid cautioned that the continued decline in disposable incomes as well as an increasing tax bill could weigh negatively on consumer spending in the coming months.

Conall Mac Coille of Davy echoed this sentiment and said that, car sales aside, much of the annual increase could be attributed to a reduction in saving.

However he said Davy anticipated a 1.5% increase in consumer spending this year, with exceptionally strong labour market data and spending on car sales potentially pushing that higher.

"It is not a piece of cake. It is going to be hard work."-Merkel in Britain

Following a Downing Street meeting with Prime Minister David Cameron, Angela Merkel said both countries could bring in laws to restrict benefit tourism, as part of "overall European cooperation".

Mr Cameron said changes to the EU were "possible, achievable and doable".

Mrs Merkel addressed Parliament earlier what the full video https://www.youtube.com/watch?v=lmusV-7BMzM

 - and later had tea with the Queen.

She also had a meeting with Mr Cameron in Downing Street, with a picture being released of the two of them chatting on the sofa in the Camerons' flat.

David Cameron and Angela Merkel 

Mr Cameron is keen to negotiate changes to the UK's treaties with the EU ahead of a promised referendum on whether the country should remain in the organisation, which he wants to hold before the end of 2017.


He regards Mrs Merkel as a key figure in achieving his aim and has organised several events to welcome the German leader during her one-day visit to London, including tea with the Queen at Buckingham Palace.

At the Downing Street press conference, Mr Cameron said he and Mrs Merkel "both want to see changes in Europe".

He added that EU rules on freedom of movement needed to change to ensure people could not move from country to country to sign up for welfare payments.

Angela Merkel addressed both Houses of Parliament during her one-day visit

Mrs Merkel said the UK and Germany could pass laws to limit this problem, saying: "Where there's a will, there's a way."

She said freedom of movement was intended to allow people to work in different countries, not "having immigration into social systems".

However, speaking of changing the EU, she said: "It is not a piece of cake. It is going to be hard work."


Mrs Merkel told assembled political and business leaders: "Some expect my speech to pave the way for a fundamental reform of the European architecture which will satisfy all kinds of alleged or actual British wishes. I am afraid they are in for a disappointment.

"Others are expecting the exact opposite and they are hoping that I will deliver the clear and simple message here in London that the rest of Europe is not prepared to pay almost any price to keep Britain in the European Union. I am afraid these hopes will be dashed."'

Mrs Merkel hailed the peace and stability she said the European Union had brought, saying war between EU member states was now "inconceivable".

Mrs Merkel's speech was well received by the UK parliamentarians
She praised the "unparalleled success" of the EU free market - and the freedoms she said European integration had delivered - but stressed that "we need to change the political shape of the EU in keeping with the times".

She told the UK's gathered political leaders the SU had to become stronger, saying: "In order to attain this goal we need a strong United Kingdom with a strong voice inside the European Union.

"If we have that, we will be able to make the necessary changes for the benefit of all."

The Guardian reported on Wednesday that Berlin was prepared to offer "limited opt-outs" to the UK over its future compliance with existing EU directives and to make sure some other regulations were more flexibly enforced.

The newspaper said it was a sign of the lengths that Germany was willing to go to to ensure the UK remained a member of the EU amid fears in Europe that a referendum could lead to British withdrawal.

But BBC Berlin Correspondent Stephen Evans said sources close to Mrs Merkel were playing down expectations of new proposals for the kind of changes British Conservatives wanted to see.

Although not an official state visit - Mrs Merkel is not head of state - the trip has been planned for months, with both governments aware of its political significance at a time of looming change in Europe.

Mr Cameron has said that if the Conservatives win the 2015 election, he will seek to renegotiate the terms of the UK's membership of the European Union and put the outcome to an in-out referendum of the British people in 2017.

But he faces a battle to convince leaders of other EU member states to agree to the treaty changes he will need, with French President Francois Hollande recently telling the prime minister, on a one-day visit to the UK, that it was "not a priority".

The leader of Mr Cameron's junior coalition partners, the Liberal Democrat Deputy Prime Minister Nick Clegg, and opposition leader Ed Miliband, who both oppose calls for a referendum and who have warned that Conservative calls for a root-and-branch renegotiation will alienate EU leaders, also held separate meetings with Mrs Merkel.

Germany is continuing to rely a lot on its export sector for growth.

The Federal Statistical Office confirmed a previous estimate that Europe’s largest economy expanded by 0.4% in the fourth quarter of 2013, compared to the prior three months. Though the economic performance of Germany is better than many of the neighbors, on par 2013 was pretty weak. Full-year growth arrived at 0.4%, the slowest since 2009.

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Exports, which grew by 2.6% in the fourth quarter, compared to the prior quarter, were a main source of growth. (Imports were up a scant 0.6%.) The agency said exports accounted for 1.1 percentage points of GDP growth. In other words, without exports, the country’s economy would have contracted during the quarter.

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Graphs http://qz.com/

Big wigs in the Fed want to dust off Monterey Policy

The Federal Reserve's top regulator said on Tuesday that the U.S. central bank should not rule out using monetary policy to combat asset price bubbles that potentially threaten financial stability.

Weighing into a long-standing debate, Fed Governor Daniel Tarullo, the central bank's point person on financial supervision, said regulatory tools might not be enough on their own to prevent the formation of economically damaging bubbles.

Daniel Tarullo

"In reviewing the relationship between financial stability considerations and monetary policy ... monetary policy action cannot be taken off the table as a response to the build-up of broad and sustained systemic risk," Tarullo, who has a permanent vote on monetary policy but rarely talks publicly about it, told the National Association for Business Economics.

More than five years of near-zero Fed interest rates and trillions of dollars in asset purchases have raised concerns that the central bank may need to tighten policy before achieving its economic goal of preventing asset bubbles.

Tarullo said that while investors are taking on more risks in high-yield corporate bonds and leveraged loans, for example, there was no need to change monetary policy at the moment.

But he urged the Fed to establish a better framework to judge trade-offs between enhancing financial stability and reducing economic activity, before risks grew more urgent.

Incorporating such considerations into policy decisions does not require a new, formal mandate in addition to the Fed's congressionally-set goals of price stability and sustainable low unemployment, Tarullo added.

At a policy-setting meeting last month, "several" Fed officials suggested that financial-market risks, such as asset-price bubbles, should be an explicit consideration as they consider when to finally raise rates.

MORE WORK ON REGULATION

Five years after the collapse of Lehman Brothers, regulators need to do more to ensure the biggest U.S.-based banks are safe and taxpayers are protected from costly bailouts, Tarullo said.

"I don't think that we're at, or even really close to, the point at which we can say, 'Okay, now we can be pretty comfortable that along the spectrum of concerns we've come far enough that we're hitting about the right trade-off.'"

An unsustainable build-up of leverage in mortgage assets on Wall Street sparked the 2007-2009 financial crisis. A flurry of subsequent rule-making is meant to reinforce the financial system, but some worry that the Fed's unprecedented easy-money policies could fuel another damaging bubble.

"While ad hoc supervisory action aimed at specific lending or risks is surely a useful tool, it has its limitations," Tarullo said, citing the "strong inflows" in the corporate bonds and leveraged loans that raise "the possibility of large losses going forward."

He said the Fed is closely watching the risks posed by its easy monetary policies "particularly given the possibility that interest rates may remain historically low for some time even after" policymakers begin to raise them.

"Our monitoring does find some evidence of increased duration and credit risk, but the increases appear relatively moderate to date - particularly at the largest banks and life insurers," he said.

Based on published forecasts, the central bank plans to halt its bond-buying later this year and start to raise rates some time in 2015, as long as the economy continues to expand and unemployment continues to drift lower.

Reuters

Irish Central Bank to Crack down on Small Firms

The Central Bank plans to use disciplinary actions against smaller firms that get caught breaching finance rules to demonstrate its seriousness as a regulator.

It says resources have been specifically allocated for enforcement actions in relation to smaller firms, which have less day-to-day contact with the regulator.

"Where breaches by small firms are discovered, we will use enforcement as a reminder that the regulatory rule book is mandatory, and non-compliance is regarded as serious.

The approach "promotes compliance through deterrence", the statement said.

Patrick Honohan, President of the Irish Central Bank

The Probability Risk and Impact System (PRISM) regime used by the bank means most of its resources are focused on supervising the biggest and most systemically important finance firms – including the main banks.

As a result, smaller "low impact" firms are subject to less heavy touch control.

Last year, the Central Bank levied €6.348m of fines and settled 16 enforcement actions against regulated firms.

Yesterday, it set out enforcement priorities for this year.

They include compliance with money-laundering rules and so-called "fitness and probity" regulation setting out standards for staff in the finance sector.

For the banks and credit unions the focus includes compliance with prudential requirements and having adequate systems and controls in place.

Markets supervision will include a focus on large exposures to risk and compliance with international business rules.

On the consumer side the focus will include enforcing compliance with the Code of Conduct for Mortgage Arrears, standards for smaller entities such as debt management firms and a focus on professional indemnity insurance.

The Central Bank also published a programme of what it called "themed reviews and inspections" for the year.

It includes a focus on the fund administration sector, which is a large employer here, heavily focused on the Irish financial services sector (IFSC) in Dublin.

Reviews will also look at advertising of financial products, levels of compliance with rules for lending to small and medium enterprises (SMEs), and publication of information on fees and charges.

The Irish construction industry is facing a skills storage which will hinder its return to growth

New research from the Society of Chartered Surveyors (SCSI) Ireland finds that there will be a growth in construction driven by the private commercial and residential sectors. Read the full Report

Research findings come with a warning that the industry could face a skills and employment shortage in the near future.

 It is reported that construction output will increase by 30% by 2018, which could lead to the creation of over 30,000 construction jobs. This will bring total employment to the sector of 178,000.

The report states that this is only possible if barriers to development – such as the skills shortage – can be overcome. 

Micheál O'Connor, President of the SCSI

Micheál O'Connor, President of the SCSI, pointed out that while the growth figures may sound considerable, the volume of construction growth will still only reach 7.4% of projected GNP by 2018.

Output in 2018 is expected to be below 2009 output levels, and still a long way short of the optimum level of 12 per cent of GNP which is seen as the European norm, he said.

 The industry has contracted enormously from output levels of around €34 billion in 2007 to around €8.8 billion last year, according to O'Conner, who recommends that the government act on three key issues:

“Firstly the recovery is Dublin led with limited signs of recovery in many parts of the country. Secondly the lack of availability of finance for development, for mortgages and in public sector construction is seen as a key barrier to growth potential. And thirdly the employment and skills shortages which will and are arising out of the recovery need to be addressed at a national level,” O'Connor said.

The report, published today, finds that the amount of houses being constructed in considerably less than what it required. In 2013, just 8,301 residential units were completed, while in 2006 it was 89,000.

The ESRI estimates that between 10,00 and 12,000 new houses are needed this year (2014) and next year (2015, after which time, the need will double to between 20,000 and 25,000.

Availability of finance is the big challenge. Almost one-third of the SCSI members surveyed as part of the research said the availability of finance for both developers and buyers is seen as the primary challenge facing the residential construction sector over the next three years. Stakeholders interviewed in the course of the research said development levies, zoning and the need to move to lower density were all seen as barriers to development.

No QE from the ECB thinks market traders but Japanese Deflation is looming

The European Central Bank will not begin outright quantitative easing (QE) this year, most euro money-market traders polled by Reuters said on Monday.

80% money-market traders said they do not expect an ECB asset-purchase programme to start this year, because the ECB is banned from buying government bonds and assets outright.

"Even if the ECB wants to, it will not be allowed to do so," said a trader at a large dealer.

But the remaining five respondents in the poll said the central bank would undertake QE by ending its sterilisation operations under the Securities Markets Programme (SMP).

The liquidity provided through the SMP is now absorbed by weekly collections of fixed-term deposits - called sterilisation.

Banks have repaid more than half of the over 1 trillion euros in crisis loans made since January of last year. As a result, excess liquidity in the currency bloc has fallen to the lowest level since December 2011.

Economists are divided over whether the Frankfurt-based ECB will increase stimulus to counter the risk of deflation after euro-area inflation slowed to 0.7 percent in January, less than half the bank’s 2 percent target. 

Draghi said the council will have “the full set of information needed for deciding whether to act or not” by its next policy meeting on March 6 in Frankfurt, when it will publish a 2016 inflation projection for the first time.

Interest rates in Britain could go up faster than you think

Interest rates are on course to rise next Spring and could be raised sooner if there are signs that falling unemployment is causing inflationary pressures, according to a Bank of England policymaker.

Martin Weale

Martin Weale, an external member of the Monetary Policy Committee (MPC), said the Bank could raise rates before next May's General Election.

"I think it is very helpful if we try and explain that the most likely path for interest rates is that the first rise will come perhaps in the spring of next year," he told Sky News. "During an election campaign it would obviously be difficult [to raise rates] but the election campaign will last for three weeks."

Mark Carney, the Bank's Governor, has stressed that the MPC is in no rush to raise rates, and that any increases would be gradual. The Bank severed the link between the unemployment rate and an interest rate hike last week, switching to a broad range of measures including wage growth and business investment to assess Britain’s ability to support a rise.

Everyone knew about Libor

Newly-released minutes of the meeting of the Fed’s Open Market Committee confirm that the Fed knew about the Libor interest rate manipulation.

 Bloomberg reported earlier this month:

"Bank of England officials told currency traders it wasn't improper to share impending customer orders with counterparts at other firms, a practice at the heart of a widening probe into alleged market manipulation, according to a person who has seen notes turned over to regulators

Traders representing some of the world’s biggest banks told officials at the meeting that they shared information about aggregate orders before currency benchmarks were set, three people with knowledge of the discussion said. The officials said there wasn't a policy on such communications and that banks should make their own rules, according to the people."

 The Libor interest rate scandal was the biggest financial scandal in world history:

The big banks have conspired for years to rig interest rates … upon which $800 trillion in assets are pegged

This was the largest insider trading scandal ever and the largest financial scam in world history

Even though RBS and a handful of other banks have been fined for interest rate manipulation, Libor is still being manipulated. No wonder … the fines are pocket change – the cost of doing business – for the big banks

BOJ-the Fed turning off the taps is a good thing, but we'll keep sloshing it out

Bank of Japan Governor Haruhiko Kuroda said on Saturday the fact the Federal Reserve is tapering its massive stimulus programme underscores the strength of the U.S. economy, which is positive for emerging economies and for global growth in the long-term.

Bank of Japan Governor Haruhiko Kuroda

He also said the G20 finance leaders gathering in Sydney over the weekend will discuss recent market volatility that has hit some emerging economies.

"As for us, we'll explain how our qualitative and quantitative easing is making initial success, and how Japan is making steady progress toward our 2 percent price target," Kuroda told reporters.

The BOJ has maintained its huge monetary stimulus deployed in April last year, which aims to accelerate consumer inflation to 2 percent in roughly two years via aggressive asset purchases in a country mired in deflation for 15 years.

It doesn't matter if you don't win.You still get $80,000

Oscar nominees left disappointed at next weekend's star-studded ceremony will be comforted by a lavish goodie bag, valued at close to $80,000 (€58,000).

Distinctive Assets, a Los Angeles-based marketing firm, has been offering "celebrity swag" for 15 years now to non-winners in the Best Actor, Best Actress, Supporting Actor, Supporting Actress and Best Director categories, according to a press release. 

The contents of said bag of treats, revealed by US magazines, include such delights as luxury vodka, fine art, aerial circus lessons and…pepper spray guns (scroll down to see list).

Plenty of pet care products are also thrown in to the mix, along with holiday packages to Hawaii, Las Vegas, Japan and the Canadian Rockies.

The LA-designed hampers also offer weight loss shakes, personal training sessions, hair restoration surgery and even a bizarre procedure that "rejuvenates and enhances the genital tissue of a woman".

Leonardo Dicaprio

 The  list in full

ARTAS Robotic Hair Transplant surgery

Walk Japan tour

Best of Vegas holiday package

Halo natural pet food (host Ellen DeGeneres is an ambassador and actors can donate the food to an animal charity of their choice)

Rocky Mountaineer train trip

Imanta Mexico holiday package

Dr Charles Runels' O-Shot procedure to enhance sexual response

Steamist home spa system

Koala Landing resort stay in Kauai

Epic pet health therapy

Gizara arts print

Huntley Drive fitness training sessions

Krystal Klear filtered water system

Max Martin shoes

Le Petit Cirque lessons

A house call from respected acupuncturist Heather Lounsbury

Amy Adams

Jan Lewis bracelet

Slow watch made in Switzerland

Acure skincare

Jitseu handbags

Narrative clip camera

Rouge organic maple syrup

Coolway Go Pro hairdryer

Mace pepper spray guns

Polar Loop activity tracker

M3K beauty products

Horse shampoo for humans

Chocolatines of flavours including 'chocolate-dipped bacon', 'chianti wine with olive' and 'champagne brut with bleu cheese bark'

Knit & Co cable knit mittens

Slimware portion control dinnerware

Betty Jane candies

Blossoms Blends tea

Hydroxycut weight loss products

Dosha herbal tea lollipops

Aviv 613 vodka

Cannonball wine

Bee Free Honee organic apple honey

Wrag Wrap sustainable gift wrap

Simon's Happy Pet shampoo