HAMISH MCRAE: By doing right for America, Joe Biden will also do right for the rest of us, and that, frankly, is a bit of a relief in these troubled times Joe Biden’s administration has already moved to thump $1.9trillion into the American economy Add in the $935billion package Congress agreed last month and in … Read more
Are we about to see a burst of big ticket inflation? SIMON LAMBERT on why treating ourselves in 2021 is likely to be expensive By Simon Lambert for Thisismoney.co.uk Published: 06:00 GMT, 14 January 2021 | Updated: 06:00 GMT, 14 January 2021 ‘I doubt anyone is mad enough to be booking a holiday yet.’ That’s … Read more
ALEX BRUMMER: Upgrade for London trading as the EU waves through LSE’S £22bn merger with former Reuters platform Refinitiv By Alex Brummer for the Daily Mail Published: 23:03 GMT, 13 January 2021 | Updated: 23:04 GMT, 13 January 2021 Those who doubt the resilience of the City outside the EU have received a sharp reminder … Read more
The London Stock Exchange (LSE), along with much of the rest of the financial services industry, is being left to plough its own furrow in Britain’s trading relationship with the EU. Among the immediate impacts is the loss of equivalence, which previously allowed shares in EU-domiciled companies, including those in British Airways owner IAG, to … Read more
What an awful year we’ve just experienced. Never again I hope. Fear, loss, lockdown, separation from loved ones (Mums and Dads, especially) and economic emasculation on a scale I’ve not witnessed before in my 31 long years as a personal finance editor for a national newspaper. Yes, tough times, awful times, sad times – and … Read more
A New Year. A new beginning. Time to look ahead to the future. A Brexit deal was finally done on Christmas Eve. A negotiated settlement based on zero tariffs, which I suspect is the preferred outcome for the majority of businesses on both sides of the Channel. It is certainly my preferred outcome. Some bumpy … Read more
As a result of an administrative error, when the newly-knighted Dave Lewis (pictured) was chief executive, some 78,000 Tesco staff were paid below the minimum wage for part of 2017.
ALEX BRUMMER: Eye-popping national debt is fine while interest rates remain low, but living on never-never is only sustainable short term In the UK, the Chancellor Rishi Sunak is projected to spend £280billion on the pandemic Donald Trump has finally put his signature to a bailout package which will pump a further £1.7trillion into the … Read more
JEFF PRESTRIDGE: Save and save some more Lockdown caused me to reset my savings dial. Unable to go out and do the things I love – listen to live music, go to the cinema and travel the country watching West Bromwich Albion Football Club – I went into squirrel mode and saved. It is a habit … Read more
You know it’s a problem when a brand becomes a verb. If ever there’s a tell-tale sign that a company has cornered too much of a market, it’s when its name transcends being a noun. And I have a confession to make: I’m as guilty of Amazoning stuff as the next person. Don’t get me … Read more
Spend now – regret later: Retailers desperate for sales should remember they have a moral responsibility too, says VICTORIA BISCHOFF By Victoria Bischoff for the Daily Mail Published: 22:01 GMT, 15 December 2020 | Updated: 22:01 GMT, 15 December 2020 New Look used to be one of my favourite High Street haunts as a teenager. … Read more
Let’s look forward. We have no idea which way the coin will fall over our trade relationship with Europe, but can have a feeling for how our trading relationships will shift in the coming years. Whatever happens we will be trading less with Europe and more with the rest of the world. There are a … Read more
Sometimes you have to wonder about the ambition and vision of Britain’s captains of industry. Admittedly G4S, the world’s biggest security outfit, has a chequered back story.