A SCENE from Steven Spielberg’s film Lincoln came to me while watching the US Republican surrender over the debt ceiling crisis.
WHAT has Chicago got to do with Jerusalem? Economics and religion can seem an unlikely match.
WHEN should governments intervene in markets? George Osborne recently described the Help to Buy scheme as a “necessary intervention” to fix a specific market failure – the shortage of high loan-to-value mortgages.
EU trade falsehoods
[Re: The EU debate is critical for business, Wednesday]
YOU CAN’T make money on the AppStore.
I’VE HEARD some strident things from businessmen since taking my job, but one recent outburst sticks in my mind.
INCOME tax cuts, or the promise of them, seem likely to play a big part at the next election.
[Re: Gold-plated rules stop Londoners getting the homes they most want, yesterday]
SHOULD government work hand in glove with charities? It’s a question that is becoming increasingly controversial. We usually think of charities as independent bodies, funded by voluntary donations in the pursuit of good causes.
YOUNG adults in England have scored almost the lowest results in the developed world in international literacy and numeracy tests.
HOUSE prices in London are soaring, with the Office for National Statistics identifying a 8.7 per cent rise in the past year alone. But on top of this, Londoners are not getting the homes they most want – terraced houses and flats.
[Re: What the latest Nobel Prize winners in economics can teach us, yesterday]
BY THE early hours of April 15, 1912, it was horribly clear that the unthinkable was about to happen. RMS Titanic – then the largest passenger steamship in the world – was about to go to the bottom of the Atlantic.
SOMETHING is going wrong at the IMF. Its traditional role as a stabilising force for countries in deep financial difficulty is being undermined by internal ideological disputes.
AIR PASSENGER duty (APD) in the UK is the highest air passenger tax of its kind in the world today, and it’s still rising. After a 8 per cent hike in 2012 and a further increase in 2013, it’s due to go up again in 2014.
[Miliband’s policies have already damaged Britain’s economy, yesterday]
BY LUCK or coincidence, many of the patents involved in “additive” production technologies (or 3D printing) – invented in large part by S Scott Crump – expired in 2009, just as the financial crisis was refocusing attention towards manufacturing an
LATER this month, London will play host to the first World Islamic Economic Forum to be held outside the Islamic world.
VISITORS to France are often impressed by its network of fast trains, and its miles of half-empty motorways. They are right to be. The French had their HS2 debate decades ago, and the railway buffs won.
Public sector pay
DESPITE rising atmospheric carbon dioxide levels, global climate temperatures have remained flat for the past 15 years, if not a good deal longer.
THE WORLD has gone mad. No, really. If ever there was a time for even the most sanguine of political analysts to throw up their hands in horror, this is it.
THE ECONOMY has rebounded strongly in 2013, surprising the pundits but vindicating “monetarist” optimism. George Osborne, among others, suggests that the economy “is turning the corner”, implying a return to “normality”.
[Re: Our energy crisis, like America’s debt ceiling, is self inflicted, Tuesday]
AS THE government shutdown has metastasised into a crisis about the US debt ceiling, a dark narrative has been playing endlessly inside my head.
FEW RECIPES deliver satisfaction first time.
PRESIDENT Obama has now officially announced his intention to nominate Janet Yellen, current vice chair of the Federal Reserve, to succeed current chair Ben Bernanke.
[Re: Coalition rejects media’s bid for self-regulation, yesterday]
A SOLUTION to London’s airport capacity crisis is a national imperative. After years of indecision and inertia, we have got to act to support growth.
THE TREASURY’S amendments to the Banking Reform Bill mean that senior bankers could face up to seven years in jail for “reckless misconduct” which leads to the collapse of a bank.
TODAY, the Privy Council is set to reject the newspaper industry’s proposals for new forms of press self-regulation.
UK energy crisis
[Re: Our energy crisis, like America’s debt idiocy, is self-inflicted, yesterday]
TAX simplification is back on the agenda, thanks to Simon Walker, director general of the Institute of Directors.
WITH breakfast news littered each morning with groups demanding funds or interventions from politicians, it’s hard not to conclude that appetite for all-acting government is returning – perhaps explaining Ed Miliband’s recent radicalism.
NAPOLEON said that he wanted lucky generals. He would have made Bank of England governor Mark Carney, who will reach 100 days in office this week, Field Marshall. Since July, UK economic data has been exceptionally good.
[Re: London Report: House prices set for high point as market surges, yesterday]
WHILE all eyes are on the horrifying sight of American political dysfunction, an equally dangerous long-term threat to the country lurks just beneath the surface: the administration’s reflexive and disastrous foreign policy pivot away from Asia an
PARTY conference season has typically been a testing period for the City of London – and in particular for the banking industry – over the last few years.
A CHASM has opened up, with entrepreneurs on one side and politicians and the public on the other. It may not be an obvious division, but it is damaging nonetheless.