Kamala’s economic plans are bonkers
She didn’t have to slog around New Hampshire, there were no debates, and there were few opportunities for voters or…
Why is Germany still cosying up to China?
Growth is slowing down. The property market is wobbling. And the government is tightening its grip on every form of…
The stock market tumble is no reason to panic
The markets are tumbling. Investors are bailing out. And there are already fears that the plunge in equities is a…
Why fears of US recession are justified
The bubble in artificial intelligence stocks has started to pop, two decades of easy money in Japan have finally started…
Why has Donald Trump embraced crypto?
No one ever accused Donald Trump of ideological consistency. And yet, even by the standards of a man who often…
We will miss 1p and 2p coins when they’re gone
It doesn’t buy anything anymore. It is not enough to put into a charity box, and it just takes up…
Labour will struggle with its plan to get Britain back to work
Liz Kendall wants Britain to get back to work. The Work and Pensions Secretary has unveiled a target for the country…
Ursula von der Leyen only cares about power
The Green New Deal will be watered down. There will be a drive to roll back rules and regulations. And…
Labour will regret making the OBR all powerful
It might seem like smart politics. And it will reassure the markets. The legislation in the King’s Speech today to…
Dyson won’t be the last business to cut jobs
A major new factory from one of the American tech giants perhaps? Or a new lab from one of the…
Would Rishi Sunak really be welcome in Silicon Valley?
Rishi Sunak’s bags are probably packed. The plane tickets are booked. And no doubt he has found somewhere for the…
What the markets have wrong about the French election results
The Paris stock market is soaring. French bonds are rising once again, and the banks are suddenly looking a lot…
Marine Le Pen’s plan for France is a recipe for stagnation
Big business will be brought onside. The bond markets will be mollified. And there will be plenty of reassuring words…
Will Christine Lagarde crush Marine Le Pen?
The National Rally is comfortably leading in the polls. The charismatic Jordan Bardella is set to become the next Prime…
London can thank Macron for becoming Europe’s largest stock market
When Paris overtook London as the continent’s largest stock market two years ago, it was widely seen as a significant…
France could pay a heavy price for Macron’s Liz Truss-attack on Le Pen
As Emmanuel Macron heads into a fraught election, France’s president is repeatedly warning voters of the calamitous consequences of electing…
The London Stock Exchange is in serious trouble
It has impeccable green credentials. It is crucial to the country’s power grid. And it is one of the UK’s…
France can’t afford a Le Pen government
It is possible that President Macon had some clever plan when he called a general election in the wake of…
The logic behind Labour’s foie gras ban
It was never very impressed by the opportunity to strike trade deals across the fast-growing Pacific. It didn’t much like…
A Musk-Trump White House collaboration will only end badly
He has created a major automobile company. He has built space rockets, taken over X, made himself hundreds of billions,…
Daniel Kretinsky may come to regret buying Royal Mail
Foreigners are stripping the UK of its assets. Vulture capitalists are swooping down on our historic companies. We need a…
Why is Rachel Reeves so proud of working at the Bank of England?
We don’t know much about what taxes she will impose. Nor do we have many clues as to how she…
Will Nvidia stock keep going up?
It more than doubled its sales. It unveiled a new line of microchips. It promised to keep rolling out new…
The FTSE 100 hits a new high – but don’t celebrate yet
Another day, another all time high. As the week closed, the FTSE 100 index hit 8,433 — the highest level…





























Western economies are failing – but capitalism isn’t the problem
Matthew Lynn 25 May 2024 9:00 am
Left-wing polemicists accuse neoliberals, inspired by Friedrich Hayek, of secretly running the world – but if so, they’re not concealing the whole sinister project very well