Deutsche Bank’s collapse would be a threat to the whole eurozone
It could be next month. It might be next week. Or it might well happen over the weekend. But today’s…
Rishi Sunak was wrong to publish his tax returns
He has plenty of money. He earns a substantial amount from his investments. And he gets a City firm to…
What can save Credit Suisse now?
It would be enough to buy Tesco twice over. Or Barclays, with almost enough change left over to buy Lloyds…
Jeremy Hunt will have to rescue Silicon Valley Bank’s London clients
It will be yet another bailout for failed bankers. It will simply encourage yet more risk-taking in the City. It…
Will the last company to leave the City please turn out the lights?
It would have been bad enough if just one major British company had decided to list its shares in New…
Why does Starmer think Britain should be richer than Poland?
Our growth rate has been miserable. We have not invested enough. And over thirteen years the Conservatives have cut spending…
How bitcoin bounced back after FTX
One of the major exchanges has gone spectacularly bust. Billions of investor’s money has been lost. There have been allegations…
Why is it so hard for Britain to control inflation?
We are not leading the world in deregulation, or in creating new ‘green industries’. We certainly don’t lead in tax-cutting,…
Trussonomics is slowly winning the argument
It was self-indulgent, whinging. Dull in places while completely batty in others. All the usual insults will be hurled at…
Don’t condemn Shell over its bumper profits
It is ‘obscene’ and ‘an insult to working families’, according to the TUC. If there was one thing more predictable…
The UK is right to keep faith in crypto
It will be a charter for fraudsters. It will usher in an open-season mindset for money launderers and criminals. And…
Davos man is back in charge of the global economy
Davos was back with a bang this week for the first full-scale winter conference since the pandemic. And yet, the…
We will miss the non-doms when they’re gone
It will cover a generous pay rise for the nurses. It will bail out the NHS. It will put the…
The UK has finally chalked up a Brexit win
We haven’t lowered tariffs on food. We haven’t done many new trade deals, and certainly not one with the United…
When will Covid fraud catch up with Rishi Sunak?
Remember Rishi-mania? It came around the time of the ‘Eat Out to Help Out’ scheme, which was designed to help…
What is Keir Starmer’s plan for growth?
A few vague promises about upgrading skills. And something or other about promoting innovation and raising productivity. Sir Keir Starmer…
Sunak’s Conservatives are the party of zero growth
We might get a new nuclear power station one day, unless the protestors or the Supreme Court find a way…
The sad decline of the London stock market
There is plenty for anyone in Paris to feel smug about if they happen to look across to the other…
Why interest rates are still lower than you might think
Anyone with a mortgage will be in serious trouble. Small businesses will go to the wall. Demand will be hammered.…
Rishi Sunak’s potential tax rises would guarantee a recession
It could be National Insurance. It could be income tax. Perhaps it could even be a rise in VAT. We…
What if Jeremy Hunt’s rebooted centrism doesn’t calm the markets?
He will control spending, reverse the few remaining tax cuts that are still in the works, and bring in every…
Opec will regret taking on the US
Production will be cut. Supplies to the rest of the world will be curbed. And inflation will rise just a…
Will anyone ever be able to cut the 45p tax rate?
Well, that went well. Kwasi Kwarteng’s decision to axe the 45 per cent top rate of income tax triggered a…
This isn’t a return to boom and bust
Massive tax cuts. A huge budget deficit. And a wild dash for growth, stoking a short-lived boom, before it all…
The painful road to lower inflation
In the end, it could have been worse. The Federal Reserve might have followed Sweden’s lead, with a whole one…
