Rumours of the dollar’s demise have been greatly exaggerated June 19, 2025 We are in the thick of global summitry, rolling from the G7 in Canada towards the NATO meeting in The Hague next week. President Trump is conducting foreign policy via social media, the prime ministers of the UK and Canada are having a pint in the pub and the French President is making stopovers in [...]
Our economy remains in a perilous state June 12, 2025 With the long-awaited Spending Review, the UK Chancellor finally gets to reveal the goodies rather than simply be the baddie. But there will be one question lurking behind every line item, behind every pound pledged and every Treasury footnote: how are you going to pay for it?
The great debt headache May 22, 2025 Debt, debt, everywhere but not a drop to… add to any well balanced investment portfolio. The world is awash with government bonds thanks to the debt piled up during the pandemic. But the increase in interest rates alongside the most significant bout of inflation for four decades has left investors in a quandary. What interest [...]
Trump’s Liberation Day has delivered what he loves most: Phone calls April 4, 2025 Like all businessmen, Trump loves being on the phone. Liberation Day was a grab for attention, and boy did it deliver, writes Helen Thomas.
Rachel Reeves – “Gilty” as charged January 16, 2025 The verdict is in. The Gilt market has found the Chancellor Rachel Reeves guilty of reckless endangerment of the country’s finances. A large electoral majority led her to think the world would happily finance what she described in her Mais Lecture as the “smart and strategic state”. Sticking to fiscal rules is for nought if [...]
Rachel Reeves needs to be able to sell her borrowing to the market October 29, 2024 The first female Chancellor, Rachel Reeves, fears following in the footsteps of the last female Prime Minister in her Autumn Budget statement. The Gilt market sell-off in the wake of the Truss/Kwarteng fiscal event two years ago didn’t just cast a huge shadow over the Conservative Party; it reminded all politicians that financial markets can [...]
