EconomyBritain’s lifeless housing market is a harbinger of permanent economic stagnationNovember 8, 202358Even so, the slight recovery in prices can reasonably be taken as evidence of a rather more resilient economy than...
CurrenciesMarkets are right to bet on higher for longer interest ratesOctober 31, 202372This has potentially far-reaching implications for investment and asset allocation, some of which we are already seeing in markets.For instance,...
PensionLondon’s Brexit loss is mainly New York’s gainOctober 8, 202343The City’s interests were almost wholly ignored during the withdrawal negotiations, which given that financial services are arguably Britain’s most...
EconomyGood riddance to Chinese triumphalism as economic disaster loomsAugust 26, 202360Yet the tables soon turned, and in the event, closing down the economy to fight Covid has proved just as...
EconomyOnly a brutal Darwinian process can reset Britain’s economyAugust 19, 202366The scale and speed of today’s rise in interest rates looks set to deliver precisely that. Past recessions have admittedly...
EconomyIt’s time we stopped talking down the UK economyAugust 15, 202366Yet all things are relative, and looking at the sweep of major advanced economies, never mind the challenger autocracies that...
BankingSavers have no right to complain about ‘poor’ bank interest ratesAugust 2, 202361This is important not just because it offends people’s sense of fair play, and taps into a deeper narrative of...
BankingBanks must be made to realise they are here to serve the people, not their own pocketsJuly 29, 202362Yet the thing about banks in particular is that though they behave as if they were free enterprise, commercial organisations...
BankingDon’t be fooled by inflation – Britain is hurtling towards recessionJuly 22, 202374This has brought into play another abiding economic truism: that periods of excessive demand don’t just peter out and die...
FundsBritain needs bold pension reforms – or we face more Thames WatersJuly 1, 202385This has created a void into which the “live money” of international finance has stepped, with Thames Water and many...