Britain’s renters are the real victims of this inflation and interest rate crunch April 25, 2023 People doubtless would’ve gasped at headlines last week about UK interest rates being on course for five per cent. Such a path looked implausible in March when Silicon Valley Bank’s collapse and Credit Suisse’s shotgun marriage to UBS sparked fears of a financial market meltdown. After those events, traders trimmed their expectations of how much more [...]
Our languishing reputation on foreign aid opens the door to China’s influence April 25, 2023 The UK spends more of its shrinking aid budget on housing refugees at home than on third countries who need it. Taking this money from the aid budget is a political choice, but a short-sighted one, writes Elena Siniscalco
Time moves fast in AI years, and Britain is nowhere near ready April 25, 2023 The latest version of ChatGPT makes the AI chatbot which went viral last year look like the dumb younger sibling but the UK still can’t figure out what to do - or how to use - artificial intelligence.
Our fintech sector is stalling and taking the competitive pressure off of the big banks April 25, 2023 Innovation and creativity put the fintech industry ahead of the big players, but rather than pressing on the accelerator, they’ve allowed themselves to stall and handing the power back to the institutional banks, writes Andrew Beckley
Explainer: Why are landlords fleeing the London market? April 24, 2023 We all know these are not great times for the housing market: rents are extortionately high, especially in the capital, mortgage rates are a constant headache, and many see their dream of buying their first property slip away as the cost-of-living crisis eats away at their savings. Against this gloomy backdrop, buy-to-let investors in London [...]
The City View: As we close the door on the CBI – it’s time to ask what’s next April 24, 2023 An inordinate amount of ink has been employed discussing the future of the CBI. At the heart of it is a question; if not them, whom? There is no question that medium to large businesses wish for a collective voice; regrettable though it may be, too many CEOs are wary to put their head above [...]
Starmer can’t help but echo Blair with a tough on crime attack on the Tories April 24, 2023 Keir Starmer has done well in following Tony Blair's strategy of using crime as a slogan against the Conservatives. But he'll also have to convince voters that Labour can deliver on it, writes Eliot Wilson
Diplomacy with the EU, the US and beyond will help us bolster our financial services April 24, 2023 Diplomatic relations with the EU and US will only help Britain’s standing post-Brexit, writes Nicholas Lyons
As more fund managers look to merge, an overly hasty marriage could be a set back April 24, 2023 The proposed acquisition of Swiss fund house GAM by Liontrust comes after a series of major mergers, writes Neil Vernon
If ULEZ was controversial, pay as you drive road pricing will face even more hurdles April 21, 2023 As more and more people buy electric cars, we will need to introduce a road pricing scheme to pay for our highways, but a litany of controversial concerns - such as data protection - will stand in the way, writes Dom Lacey.