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Politics

  • The Tories that voted for Christmas

    November 4, 2020

    England will enter its second national lockdown at midnight tonight, after MPs overwhelmingly voted in favour of new restrictions. The government won the vote by 516 to 38, with a majority of 478 meaning the fresh measures will come into effect at the twelfth stroke of the clock. In a three-hour debate in the House [...]

  • Breaking: MPs vote lockdown into law from midnight tonight

    November 4, 2020

    England will enter a month-long lockdown from midnight tonight, after MPs approved the new shutdown. MPs supported the fresh restrictions by 516 votes to 38 in a House of Commons motion this afternoon. It means pubs, bars, restaurants and non-essential shops will shut from midnight until 2 December. All people in England will be told [...]

  • Eyes turn to the Federal Reserve as markets await US election result

    November 4, 2020

    As markets nervously awaited the results of today’s chaotic presidential election, investors’ eyes turned to the US Federal Reserve’s meeting tomorrow. Traders were digesting the state of play so far, and seemed to think that the most likely outcome is a president who doesn’t have control of congress. It comes after President Donald Trump fared [...]

  • Why has Donald Trump done much better than Europeans expected — again?

    November 4, 2020

    As was the case four years ago, most media outlets in Europe have been predicting a massive victory for the Democrats.  Now the election results are much tighter than expected. Why?  Well, among lots of Europeans it was the wish for an overwhelming victory for Joe Biden that shaped the narrative. The majority of western [...]

  • Boris Johnson promises businesses new lockdown will end on 2 December

    November 4, 2020

    Prime Minister Boris Johnson reassured British businesses that the new lockdown in England will end on 2 December during a speech to the CBI today, but later said it would “depend on us all doing our bit”. Johnson announced a new month-long lockdown at the weekend. It will come into place tomorrow and will see [...]

  • Afternoon update: What we know (and what we don’t) about the US election race

    November 4, 2020

    Afternoon update: What we know about the US election race so far

  • ‘Markets got what they really did not want’: The City reacts to knife-edge US election

    November 4, 2020

    Investors didn’t want this to happen. They had bet on a Joe Biden win in the US presidential election that they hoped would unleash a big stimulus, but found themselves rapidly adjusting their positions as the race became too close to call. Bonds and the dollar rose as investors sought safety. US stocks were volatile, [...]

  • The curse of the Mail-In Vote: How this contested US election became a horror show

    November 4, 2020

    For a number of months now, good political risk man that I am, I have worried aloud in these pages with increasing dread about the 2020 US presidential election.  There are times when you hate being right about making correct political risk calls. The Iraq War debacle was surely such an occasion for me.  Sadly, [...]

  • US election day as it happened: In Pictures

    November 4, 2020

    Pictures captured of people across the US at polling stations at the end of a bitter and unusual campaign. Almost 100m people already voted by mail-in and absentee ballot, which is 70 per cent of the total vote in 2016. Below we bring to you the best pictures on US election day from across the [...]

  • How ‘following the science’ has let our country down

    November 4, 2020

    If I were to be diagnosed with a malignant tumour, I would expect my doctors to lay out for me the alternative treatment options, how each would affect my quality of life, its impact on survival or potential cure and, as far as is knowable, all the other potential costs and benefits.  I would listen [...]

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