Labour will regret making the OBR all powerful
It might seem like smart politics. And it will reassure the markets. The legislation in the King’s Speech today to…
Dyson won’t be the last business to cut jobs
A major new factory from one of the American tech giants perhaps? Or a new lab from one of the…
Would Rishi Sunak really be welcome in Silicon Valley?
Rishi Sunak’s bags are probably packed. The plane tickets are booked. And no doubt he has found somewhere for the…
What the markets have wrong about the French election results
The Paris stock market is soaring. French bonds are rising once again, and the banks are suddenly looking a lot…
Marine Le Pen’s plan for France is a recipe for stagnation
Big business will be brought onside. The bond markets will be mollified. And there will be plenty of reassuring words…
Will Christine Lagarde crush Marine Le Pen?
The National Rally is comfortably leading in the polls. The charismatic Jordan Bardella is set to become the next Prime…
London can thank Macron for becoming Europe’s largest stock market
When Paris overtook London as the continent’s largest stock market two years ago, it was widely seen as a significant…
France could pay a heavy price for Macron’s Liz Truss-attack on Le Pen
As Emmanuel Macron heads into a fraught election, France’s president is repeatedly warning voters of the calamitous consequences of electing…
The London Stock Exchange is in serious trouble
It has impeccable green credentials. It is crucial to the country’s power grid. And it is one of the UK’s…
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…
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