Starmer and Macron face a shared Waterloo September 18, 2025 Facing crippling national debt and a politically divided public, both Keir Starmer and Emmanuel Macron have proved unable to implement necessary economic reforms, and both are heading for a downfall driven by market forces, says Helen Thomas A country gripped by the highest debt levels since the Second World War; an unpopular leader facing a [...]
Britain is heading for a fiscal crisis September 18, 2025 Without immediate, credible action to rein in spending, contain debt and keep inflation under control, Britain will sleepwalk into disaster, says Gerard Lyons The UK is in danger of sleepwalking into economic torpor. The issues we face are real, sizeable but, crucially, solvable. However, solutions have too often been evaded through short-term fixes and political [...]
What the US tech investments tell us about the UK’s public markets September 18, 2025 There was some debate in the City AM newsroom on Tuesday over which story should grace the front page yesterday. On the one hand, news of £30bn worth of tech investment offered the kind of optimism we’re always looking out for, but on the other hand news came that global fund managers were pulling out [...]
What happens when Reddit runs the global financial system? September 18, 2025 40 per cent of AI answers are derived from Reddit – that could mean crypto Reddit bros potentially influencing how our most trusted financial institutions, says Lewis Liu I had the honor of spending most of last week at the BIS Innovation Summit in Basel, debating AI policy for the global financial system with central [...]
Britain has swapped the Brussels yoke for rule by Washington September 17, 2025 The problem for Keir Starmer during this state visit is that Donald Trump treats allies much worse than adversaries – and once he realised how needy Britain really is, things will get far worse, says Bruno Maçães In a recent interview, Keir Starmer expressed his disappointment that the Mandelson affair ended as badly as it [...]
Like Covid, we ignore AI exponentials at our peril September 17, 2025 The Notebook: Where the City’s movers and shakers have their say. Today, it’s Marc Warner, chief executive of AI firm Faculty It’s February 2020. A little known disease called coronavirus is spreading exponentially. It seemed early to act – but before long, the NHS risked being overwhelmed and lockdown was unavoidable. It’s almost a cliche [...]
The downfall of the Roman empire and the future of American democracy September 17, 2025 An erratic leader, a weak Senate and ill-judged economic policies leading to a contraction in world trade. The fall of the Roman Empire was followed by over 1000 years of stagnation. Donald Trump should take note, says George Maher Donald Trump’s state visit will be accompanied by much debate about what his Presidency means for [...]
Employers are barely an afterthought for Labour September 17, 2025 The economy is flatlining. Unemployment is rising. Investors are fleeing our shores. At times like these, businesses needs support. But instead of a shot in the arm, they get a series of knives in the back. One of Labour’s first acts after coming to power was to hike Employer National Insurance Contributions. And now the employers [...]
Ed Miliband’s pay now buy later climate policy September 17, 2025 Behavioural economics teaches us that consumers weigh benefits received and costs incurred in the present much more heavily than if they’re in the distant future. That’s a problem for net zero policy makers like Ed Miliband, says Paul Ormerod The headlines are full of bad news for Kier Starmer. But an important story last week [...]
Why public markets are a public good September 17, 2025 Far from being irrelevant, UK public equity markets are a vital public good essential for tax revenue, corporate transparency, and economic growth, which requires urgent tax reforms to encourage companies to list and remain in the UK, says Charles Hall There is a school of thought that thinks public equity markets are relatively unimportant and [...]