OVER the last few weeks, I have had the opportunity to discuss the political situation in Britain, and the state of Britain’s relations with the EU, with business and political leaders in both Brussels and London.
YESTERDAY, the Competition and Markets Authority (CMA) announced that it will be launching far-reaching investigations into the state of competition in the personal current account and smaller business banking markets.
Alisdair McIntosh, director of Business for New Europe, says Yes.
Lord Hill says that “the sensible thing now is to try to calm the situation down, and to look at the facts and look at a practical solution”. He’s right.
Those hoping the resurrection of the Virgin Money flotation might lead London’s initial public offering (IPO) markets into an end-of-year revival should take a read of yesterday’s statement from Stock Spirits Group, the Polish vodka maker that flo
THERE is a wonderful description of London from 1622, written by the pamphleteer Donald Lupton. He evokes the “Great Beehive”, “swarming” with people, the capital “a glutton that desires always to be full”.
Homebase, the home improvement giant, has announced that it is to close about a quarter of its 323 stores, raising questions as to whether this a necessary restructuring or because the nation – and particularly the younger generation – has falle
THE BIRTH of free enterprise more than 200 years ago fuelled the greatest advances in human prosperity and happiness the world has ever seen. Life before capitalism was, as Thomas Hobbes might have said, poor, nasty, brutish, and short.
Trading revenues were once the mainstay of many an investment bank, and made up the glamorous end of the City. It is always the traders who get the public’s attention. Who ever complains about City brokers or City auditors?
EMPLOYEES’ share of national wealth production in OECD countries has declined continually over the last three decades. This is a problem for purchasing power at a time when we need to boost demand to support growth.
IS THERE a secret Leninist cell operating at a high level in the European Commission’s headquarters in Brussels? One which is dedicated to the overthrow of the capitalist structures of the European Union?
IT MIGHT be an uncomfortable truth for many to hear, but the UK is dramatically over-banked for the digital age. There are a little less than 10,000 bank branches across the UK, far fewer than the approximately 38,000 in France, for example.
WITH one simple policy – more free trade – we could make the world $500 trillion better off and lift 160m people out of extreme poverty. If there is one question we have to ask ourselves, it is: why don’t we?
McDonald's has been a major target for US protestors advocating a significant minimum wage hike. A multi-billion dollar company with a recognisable global brand, it has faced a high-profile campaign from those frustrated with low wage rates.