Storm warning: the world economy’s October troubles aren’t over yet
October is always a turbulent month, and I’m feeling uneasy about this one. The FTSE100 index, which looked set to…
Yes, Wonga lent at shocking rates – but it was customers who lied
‘Payday Lady is not trading at this time,’ says her website, sounding a little like La Dame aux camélias. Indeed (since…
Why the real winner from George Osborne’s ‘Google tax’ could be Nigel Farage
George Osborne’s promise to crack down on multinational companies’ avoidance of UK taxes by the use of impenetrable devices such…
Is the US using bank fines to bring allies into line against Russia?
Here’s one for all you conspiracy nuts out there, prompted by readers’ comments on my recent item about whether BP…
BP's been punished enough – but not because Americans hate the Brits
I should declare two connections before I start offering opinions about the latest US judgment against BP relating to the ‘Macondo’…
Europe's leaders worship Mario Draghi. They should listen to him instead
European Central Bank President Mario Draghi secured a place in history by his demonstration, on 26 July 2012, of the…
It’s not just left-wingers who think the bosses’ pay boom is unhealthy
The FTSE100 index stands precisely where it did in the first week of December 1999. Whichever way you look at…
Why a City job should be graduates’ last resort
August is the season for conversation about career choices. Every holiday party seems to include new graduates or next year’s…
The man who could sell the British public on fracking
Iain Conn, who will succeed Sam Laidlaw as chief executive of Centrica, would have been a dead cert for the…
I know how ineffective sanctions are – but these ones just might work
‘Sanctions,’ said Kofi Annan, ‘are a necessary middle ground between war and words.’ Neither the EU nor the US will…
Forecasting is a mug’s game – but I was right about the economic revival
‘Perhaps I should shift my prediction to 23 July 2014,’ I wrote in April 2012. ‘That’s the opening of the…
Any other business: trouble spots in European banking
‘1914: Day by Day’, the Radio 4 series by the historian Margaret MacMillan, is a gripping reminder that significant global…
Gold-fixing is the last ghost of the old City. It won't be around much longer
In a season obsessed with sport and personal misbehaviour — separately or in combination — the word ‘fixing’ immediately brings…
Damp, green and beguiling – the joys of Killarney
Here’s a question for a Guinness-sponsored pub quiz: who or what is a ‘jarvie’? The answer is the gypsy driver…
Ryedale Festival: a beacon of survival without subsidy
There are festivals of everything, everywhere. So why get excited about the Ryedale Festival (11–27 July) apart from the fact…
North star
There are festivals of everything, everywhere. So why get excited about the Ryedale Festival (11–27 July) apart from the fact…
North star
There are festivals of everything, everywhere. So why get excited about the Ryedale Festival (11–27 July) apart from the fact…
George Osborne’s cynical grab for northern votes (and why I’m for it)
When John Prescott used to wax garrulous about a ‘superhighway’ from Hull to Liverpool, everyone assumed it was a wheeze…
The return of oil price anxiety is a timely reminder to get fracking
‘Iraq turmoil sends crude oil prices to nine-month high’ is the sort of headline that used to send shivers down…
The internet is broken – and we can no longer do without it
‘The internet is broken,’ a corporate chieftain told me last week. It was an arresting remark, but he did not…
I salute the wisdom of young Scots on independence (they’re voting No, by the way)
It’s a constant theme of this column that today’s young need to stop whingeing about their prospects and get on…
Fight Thomas Piketty or face a mansion tax
The postman at the door is stooped by his burden like an allegorical statue of Labour Oppressed by Capital. His…