Starmer is no Blair – nor should he be
Mr Yew came to power as a left winger. He had the intelligence however to realise that while left wing...
archiveUK economy
Tesla suffers first fall in deliveries in more than a year
Thanks for joining us. House prices declined on an annual basis for the eighth consecutive month as buyers faced higher...
Brexit Britain has made a lucky escape from crisis-ridden EU
Germany’s currency was too weak for most of the last two decades, but now, with no more cheap Russian gas,...
The UK economy is beating Germany and France, and the Remainers are furious
The UK economy is larger than first thought, according to figures released yesterday by the Office for National Statistics. Can...
Aston Martin shares surge as billionaire backer Laurence Stroll increases stake
Thanks for joining us. Britain’s economy has grown faster than France and Germany since the pandemic, updated estimates from the...
Why the pound is in freefall – and what it means for Sunak
However, it remains well above the extraordinary depths of $1.068 plumbed a year ago in the wake of Liz Truss’s...
JP Morgan settles Epstein lawsuit with US Virgin Islands
The world will need to invest $4.5 trillion (£3.7 trillion) a year from the start of the next decade if it is to reach net zero by 2050, the International Energy Agency (IEA) has said.The Paris-based organisation said that record growth in clean energy technology, including solar panels and electric vehicles, means it is still possible to limit rises in global temperatures to 1.5C.However, it would require a huge ramping up of spending. World governments and organisations are expected to spend $1.8 trillion (£1.5 trillion) on the transition to cleaner...
Germany’s borrowing costs highest in 12 years as economy struggles
Electric vehicle manufacturers face a £3.7bn bill over the next three years unless the EU drops the introduction of tariffs...
Jeremy Hunt is wrong – tax cuts are more than possible
Total government spending was only 39.5pc of GDP that year. It was perhaps understandable that it spiked up to 53pc in the Covid-affected year. But what is much less excusable is that spending did not return anywhere near its pre-Covid level after the pandemic ended, is scheduled to be over 46pc of GDP this year, and even at the outer horizon of government spending forecasts (if one believes them) is scheduled to be well over 43pc still, in 2027-28.Hunt and Sunak pitch themselves as the grown-up, responsible folk, focused on fiscal...
Biden’s subsidies make investing in UK ‘hard to justify’
Thanks for joining me. Three quarters of factory chiefs have said that incentives offered in the US, EU and other countries have made them questions whether investments in Britain are worth it.Joe Biden has poured billions into subsidies for green investments as part of his controversial Inflation Reduction Act, while the EU has pledged to spend €50bn a year on its green transition.5 things to start your day 1) City backs Labour as Mark Carney claims Truss turned Britain ‘into Argentina’ | Survey results show Keir Starmer’s efforts to woo business...