The UK government awarded hard-working medical staff a meagre 1% pay rise in the most recent budget, all the while splashing out on yet another indirect subsidy for house prices: the mortgage guarantee.Continue reading
The decision that Uber drivers are in fact workers, not entrepreneurs working for themselves, could not have come at a better time.Continue reading
For whoever wants to see the real-life results of giving in to populism, the UK’s case is a fascinating one. Counting the costs of Brexit is only beginning, but already the picture is a gloomy one.Continue reading
The US earnings season is halfway through, and on the surface, it is full of good news. And yet, far from being cheered up by this, markets have been going down. Why is that?Continue reading
One of the most widely accepted “truths” about ESG (environmental, social and governance) investing is that young investors are very keen to put their money into companies that show strong ESG credentials.
Entire marketing strategies have been built around this idea. But what if, in fact, this “truth” turns out to be no more than myth?Continue reading
Despite good news about vaccine roll-outs, it is too early to tell when or even whether economies will fully reopen and life will go back to “normal.”Continue reading
In a recent Financial Times article, various business executives expressed deep regret for their “Faustian bargain” with US President Donald Trump.
They should go ahead and express even deeper regret for their contribution to the serious undermining of democracy — not just in the US, but everywhere else.Continue reading
Forget Covid-19 and Brexit. The question to which most people in the UK would want an uncertain answer is what will happen to house prices in 2021.
Prime Minister Boris Johnson will surely say that he got “Brexit done”, as he promised. However, in a sense, Brexit is only just beginning.
With news of another Covid-19 vaccine on its way and optimism rising ahead of the end-year holidays, it looks like 2021 will shape up to be much better than 2020.
But one forgotten danger could spoil the party: inflation. Price rises are far from investors’ minds, but an ‘inflation tantrum’ could have devastating effects on various countries’ economies if they are not kept in check.