What Trump’s tariff ‘opening salvo’ will teach him
Mexico and Canada have been given a last-minute reprieve from Donald Trump’s tariffs. China has offered only the most half-hearted…
Europe can’t win a trade war against the US
It will hit back immediately. It will target the industries that will hurt the most. And it won’t be bullied…
Why Rachel Reeves’ growth plan is doomed to flop
The wait is over. After six months in government, the Chancellor Rachel Reeves has decided that today is the day…
Britain is on track for a ‘Reeves recession’
Business confidence is falling. Companies are warning that profits will be lower than expected, and they are already planning to…
Unmade in Britain: we’re becoming a zero-industrial society
The French sociologist Alain Touraine coined the term ‘post-industrial society’ in 1969. By the 1980s it had become shorthand for…
Two big problems with the Sainsbury’s job cuts
You won’t be able to get a cup of coffee. Nor will you be able to pick up something from…
Why would Trump give Starmer a trade deal?
As President Trump takes office later today, Keir Starmer has assembled his top team, tasking them with landing a trade…
Rachel Reeves tries deregulation, but she’s bad at that too
If it was a Netflix mystery series, it would be the moment for the ‘big reveal’. After months of boasting…
Spain will regret its 100 per cent expat property tax
They drive up prices. Rents go through the roof. And the locals can no longer afford a home. The Spanish…
Where is Rachel Reeves?
Bond yields are soaring to their highest levels in almost 30 years and sterling is sliding. The government’s economic strategy…
Mark Carney is not fit to be Canadian PM
He has global experience. He has proven his leadership. And he has the management skills needed to turn around a…
Mark Zuckerberg could regret Nick Clegg’s Meta departure
When Donald Trump won the US election, the writing was on the wall for Nick Clegg at Meta. Now, just…
Will taxpayers get their satellite bailout money back?
When the British government spent £400 million on the satellite internet start-up OneWeb back in 2020, it was seen as…
Rachel Reeves has shattered economic confidence in Britain
A few journalists have pointed it out. So have some Conservative and Reform MPs, think tanks and one or two…
Labour is staring down the barrel of an inflation crisis
With job vacancies falling, and with GDP contracting, the Chancellor Rachel Reeves might have assumed that her final week before…
Labour will regret selling Royal Mail
It will maintain the single price ‘universal service obligation’. The government will keep its ‘golden share’. And there are ‘legally…
Allow Shein to list in London
There are, in fairness, plenty of reasons why the City might be reluctant to embrace the Chinese fast-fashion giant Shein.…
Javier Milei’s medicine is working
The economy would crash, the markets would be in open revolt, and he would swiftly be evicted from office by…
Labour’s clouded vision for the UK economy
The Prime Minister Sir Keir Starmer is out in the Gulf, peddling infrastructure projects to Saudi Arabia’s Mohammed bin Salman.…
A failing steel company is the last thing the state should buy
It could be backing the hottest start-ups in Artificial Intelligence. It could be nurturing space businesses, or flying taxis, or…
Marine Le Pen’s reckless game with the French economy
The power probably feels good. And it may help her win the presidency eventually. Even so, there is a catch…
Is France heading for a Greek-style crisis?
For the first time ever, France’s borrowing costs have risen above those of Greece. As of today, the bond markets…
Trump’s tariffs threats are going to cause chaos
It turns out it wasn’t just China after all. Mexico, and indeed Canada, are just as much in the firing…
Rachel Reeves deserves a rough ride at the CBI
Rachel Reeves was probably expecting to be cheered for restoring ‘stability’, for rebooting ‘growth’ and crafting a British version of…
The Trump Bitcoin bonanza has only just begun
One of the main trading platforms collapsed, and its founder ended up being sent to jail. Two years ago, in…