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…
Jeremy Hunt should ignore the IMF’s tax cut warning
Government borrowing is lower than had been forecast. The economy needs some form of a boost. And perhaps most of…
Christine Lagarde is failing again
Christine Lagarde, the president of the European Central Bank, has one of the most glittering CVs in European politics. The…
What’s wrong with trillionaires?
Why is Oxfam so concerned about the coming possibility of the world’s first trillionaire? The charity has this week released…
The EU is paying a high price for its Brexit pettiness
It has formidable negotiating skills, at least according to its cheerleaders. It has huge economic clout. And it can impose its…
Bitcoin’s bounce back has proved its critics wrong again
The charlatans had been exposed. Its flimsiness had been confirmed. And the bubble had finally burst. Rewind to just over…
Does falling inflation show that interest rates are too high?
Well that was a surprise. At just 3.9 per cent, down from 4.7 per cent, the latest inflation figure published…
Will Javier Milei’s ‘shock therapy’ work?
The Argentinian peso has been devalued by 50 per cent overnight. Controls on exports have been scrapped, and the country’s…
There’s a reason the market is rejecting electric cars
They are cheap to run. They rarely break down. And perhaps most of all they are far better for the…
Is climate change really to blame for rising food costs?
Everything in the shops is getting more expensive and restaurant bills have become prohibitive. We are all aware that food…
Is Javier Milei already defying his critics?
Critics of Argentina’s president Javier Milei have already made up their minds: he is a lunatic and his plans will…
Biden and Xi’s meeting is a boost to the global economy
At least there will be some pandas. At his summit with President Biden this week, China’s President Xi pledged to…
In defence of ‘rip-off’ airline charges
The Conservative party is 25 points behind in the polls. Its backbenchers are scrambling around to find new jobs, and…
Will Elon Musk end up humiliating Rishi Sunak?
Bill Gates was probably otherwise engaged. Mark Zuckerberg was busy in the metaverse. And Jeff Bezos was tied up on…
Why Dame Sharon White failed at John Lewis
There are lots of plausible explanations for Dame Sharon White’s failure at the department store and grocery chain John Lewis.…
The eurozone isn’t looking healthy
Bond yields are soaring. The cost of debt, and very soon mortgages, is rising. And the government is getting nervous…
Labour will regret handing more power to the OBR
The Office for Budget Responsibility (OBR) will have to sign off on any changes to taxation. It will need to…
