Credit Suisse’s takeover delivers a shock to bond investors
If the emergency takeover of Credit Suisse by UBS was supposed to calm markets, it is not looking that way…
Credit Suisse has been bought out – but at what cost?
Another Sunday, another banking takeover swiftly arranged before markets open on Monday morning. This time Credit Suisse has agreed to be…
A morally simplistic kids’ film: Extrapolations reviewed
We are all, of course, pretty well doomed. We know that because Al Gore told us so in his documentary…
Can the UK economy outperform Russia?
First the good news. Unlike the IMF, which predicted in January that the UK economy would have a worse 2023…
Will Credit Suisse trigger a global banking crisis?
When your largest single shareholder decides that enough is enough, that it is no longer prepared to throw good money…
Is Silicon Valley Bank’s collapse a turning point for the markets?
What is it about March? October, the month of the 1929 Wall Street crash and the crash of 1987, is…
Is the collapse of Silicon Valley Bank the tip of the iceberg?
On the face of it, the takeover of the UK arm of Silicon Valley Bank by HSBC is a triumph…
Could Silicon Valley Bank’s collapse lead to a financial crash?
Tech start-ups tend to involve taking big risks on ideas which are untested both in terms of technology and the…
Aukus is looking like a Nato for the Pacific
How big a deal is it that Australia has chosen a British design for its nuclear submarines rather than the…
Ministers can’t blame Putin for the disaster that is HS2
And I thought the SNP were destined to win the award for this year’s most pathetic excuse – after Scottish…
Why is Whitehall intent on burying the Covid lab leak theory?
Why does our government have so much trouble criticising China? It doesn’t seem to have had a problem calling out Vladimir…
Will Tony Blair ever give up on ID cards?
Is Tony Blair ever going to give up hope of foisting ID cards on us? As prime minister, he was…
The £5.4 billion government surplus masks a larger economic issue
There have been celebrations this morning about a government surplus of £5.4 billion last month, and people are even talking…
Why no one wants a Ford Fiesta anymore
The world of business has long been creative with feeble excuses. Even so, the explanation given by Tim Slatter, chairman…
Is Brexit really costing households £1,000 each?
They never give up, those Remainers. Like the Japanese soldier found on a Pacific island still fighting the second world…
Why central bank digital currencies are terrible
The government and Bank of England seem to have finally woken up to one of the many glaring problems with…
The dangerous myth of degrowth
The dangerous myth of degrowth
Why should under-productive civil servants get a pay rise?
We all know about the teachers and train drivers, but apparently there are 100,000 civil servants in 124 government departments…
Three years on, is Brexit worth celebrating?
Today, if you feel so inclined to celebrate it, is Brexit Day: the date on which, three years ago, Britain…
What does the IMF want from the UK economy?
Just what is a UK government supposed to do to keep the IMF happy? This morning it has issued a…
Could Britain cope without Taiwanese microchips?
So now we know what Britain’s great green economy looks like. First, the good news: construction of electric cars in…
It’s no surprise Britain’s manufacturers are struggling
Every month, we are bombarded with the Consumer Prices Index (CPI), the main inflation measure. It is currently running at…
The retirement age should be 70
Remember the Waspi women, who used to leap up and down outside Tory conferences for the right to continue to…
The unhinged environmentalism of Al Gore
Lucky old Americans. They only had to put up with one fruitcake as president, in Donald Trump. It could have…
The strikes have lost their power
How strikes lost their bite