Is Donald Trump ready to weather a US recession?
A recession now looks even more certain for the United States than it does for the UK. Output has flattened.…
Nationalising British Steel won’t fix a thing
There will be some stirring speeches about saving jobs. There will be lots of grand rhetoric about securing a great…
Donald Trump has got what he wanted
Donald Trump has peered into the abyss. The US President watched the Wall Street meltdown and the global trading system…
The EU is making a big mistake by retaliating against Trump
A Harley-Davidson will cost you a little more in France; Florida orange juice will be more expensive in Germany and…
The hidden logic behind Trump’s market meltdown
Donald Trump’s announcement of huge levies on all the US’s major trading partners has triggered a global stock market meltdown,…
Is the worst of the market crash over?
The FTSE-100 is up by a couple of hundred points. Germany’s DAX has added 400 points, and in Tokyo the…
Rachel Reeves could be Trump’s first tariff crash victim
There will be plenty of victims of the crash currently playing out across the global financial markets. A few hedge…
Trump can’t ignore the stock market carnage forever
As it turned out, the only thing Liberation Day was actually liberating anyone from was their money. In the wake…
Trump’s tariffs are just bizarre
They would restore manufacturing, force trade barriers to be taken down, and allow new industries to be created. There have…
The minimum wage is too high
Council tax is going up. Train fares are rising. Broadband will cost more, and so will electricity and water. April…
Starmer’s costly failure to get a Trump tariff carve-out
The UK should have been doing everything possible to secure an exemption from Trump’s tariffs. We could have scrapped the…
Give holiday home owners a break
If you have had your eye on a bungalow along the Devon coast, a cottage in the New Forest, or…
Who’s going to miss WH Smith?
WH Smith is opting for the oldest trick in the corporate playbook. It is changing its name. It might have…
If Bailey won’t call for radical growth reforms, no one will
It was hardly the message Chancellor Rachel Reeves would have been looking for a day before a Spring Statement which…
Is the Trump Slump over?
Tariffs would destroy supply chains and drive up inflation. Elon Musk’s savage cuts would bring the government machine grinding to…
The flaw in Labour’s plan to fix potholes
Ahead of last summer’s election, the Labour party made lots of grand promises about how it was going to fix…
China’s BYD could kill Tesla
Tesla and its hyper-active boss Elon Musk are having a bad month. On both sides of the Altantic, there have…
It’s impossible to make Scottish politicians financially literate
Even the OECD has finally noticed. The Paris-based policy forum is normally always in favour of higher taxes and more…
It’s been a poor five years from Andrew Bailey
The pound has not collapsed. You can still trade shares, bonds and currencies in the City of London. And inflation,…
Why John Lewis’s profits have soared
Growth has ground to a halt, manufacturing is collapsing, and the government is desperately scratching around for ways to save…
Trump’s Tesla stunt won’t help Musk
Tesla’s share price has halved, sales have slumped, boycotts are being organised and Chinese rivals are ready to steal the…
Does Trump want a stock market crash?
There ‘could be a recession’, said President Trump over the weekend with the kind of nonchalant shrug that suggested he…
Europe could pay the price for Germany’s debt shake-up
Germany has finally decided to join the party – but Europe may come to regret it. After two decades of…
The fatal flaws in Trump’s crypto reserve plan
President Trump was very bullish about his decision over the weekend to create a ‘crypto reserve’. It will legitimise crypto…
Will Labour MPs scupper a US-UK trade deal?
A UK-US trade deal is on the table. On a surprisingly successful trip to Washington, US President Donald Trump made…
