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…
Passport e-gate outages are an embarrassment to Britain
Queues that stretch for hours. Technology that doesn’t work. And a system so poorly designed that this isn’t the first…
Is Javier Milei’s medicine working?
Javier Milei was taking too many risks. Argentina’s president didn’t have enough political support. And his radical version of free…
The truth about Ireland’s £600 million Brexit ‘bonanza’
Ireland is reaping the benefits of a Brexit bonus to the tune of €700 million (£600 million). It is not…
Meta’s AI investment plan has backfired on Zuckerberg
It will write your WhatsApp messages for you. It will post a cute picture of your cat on Instagram, even…
Elon Musk doesn’t know how to turn Tesla around
The share price is in freefall. Sales are sliding at an accelerating rate as customers lose interest. The Chinese are…
If Apple loses against China so will the West
It has been a long time since the West dominated shipbuilding, or steel making. We are already aware that we…
The Bank of England can’t blame IT for its dodgy forecasts
It hires the cleverest young graduates every year. It brings in talent from around the world. And it has the…
It’s hard to be proud of the FTSE 100
It has finally happened. In trading on Tuesday afternoon, the UK’s FTSE 100 index finally closed in on an all-time…
The Swiss are cutting interest rates. Why can’t we?
Mortgage rates will finally start to come down again. Consumers will have a little more money in their pockets. And companies…
Rachel Reeves will regret promising growth
Growth will be turbo-charged, animal spirits will be unleashed, and foreign investment will flood back into Britain. Shadow chancellor Rachel…
Cutting National Insurance won’t save the Tories
It will put more money in people’s pockets. It will improve the incentives to work. And it will put down…
Nissan is setting an alarming trend with their electric cars
At a certain point, your smartphone may no longer accept the latest software update from Apple or Google. Your laptop…
Apple is right to steer clear of the electric car market
Apple’s much-hyped electric car appears to have been killed off before it ever hit the road. For years, the tech…
Javier Milei’s Argentine revolution seems to be working
The currency would collapse. Output would go into freefall. Unemployment would soar, and the IMF would be back in charge…
The valuable lesson learnt from Japan’s stock market recovery
A lot has happened over the past 34 years: the Cold War ended, several wars have taken place in the…
London has France to thank for its Brexit win
The City of London would be hollowed out. Bankers would have to retrain as burger chefs. And Paris and Frankfurt…
Does the EU’s tech ‘enforcer’ know what he’s talking about?
Thierry Breton is, on the face of it, well qualified to regulate Europe’s tech industry. After a brief spell as…
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