The magic of finance can help make the world a better place March 1, 2019 When Hollywood created a sequel to the original Mary Poppins film, the producers introduced a new character: a villainous banker who could give everybody a good scare. But why exactly is the banker the villain? After all, a healthy economy requires a healthy financial sector that is at the service of people as they pursue [...]
Scottish Power set to pump £2bn into the UK this year in face of Brexit fears February 26, 2019 Scottish Power’s chief executive today played down Brexit fears as the company committed to investing £2bn into the UK this year. The energy supplier, which last year transitioned to 100 per cent renewable energy, said it will pour £6bn into Britain between 2018 and 2022, with two fifths of that going to renewable energy generation. [...]
Want a more future-focused government? Climate action is just the start February 19, 2019 The reaction was predictable. Last week’s Climate Strike by schoolchildren was met with an inane debate about whether or not the pupils were right to “play truant”. This dialogue of the deaf was a missed opportunity. Politicians should take seriously the protesters’ demand that they “recognise that young people have the biggest stake in our [...]
Parliament Square brought to standstill in climate change protest February 15, 2019 Nearly 50 school strikes took place across the country today as a coalition of youth climate change organisations led walkouts, leaving London's Parliament Square in gridlock. Thousands of young people gathered in Parliament Square between 11am and 2pm, holding signs and chanting messages that called attention to climate change and the environment. The protest brought traffic to a [...]
How data will power the cities of tomorrow February 12, 2019 By 2050, it is estimated that 68 per cent of the global population will live in cities – an influx of over 2.5bn. With that many people living in urban areas, it is clear that making cities work better is key to creating a safer, more sustainable world. Local issues are now global issues, and cities [...]
The Democrats’ rising star is borrowing policies from Ned Flanders February 10, 2019 The rockstar of the Democratic party, Alexandria Ocasio-Cortez, published House Resolution 109 of the 116th Congress last week, an ambitious non-binding resolution dubbed the Green New Deal, and over the weekend economists and academics went over it line by line. The historian Niall Ferguson summed up much of the hostile reaction: “This is what you [...]
No, Nissan’s move is not proof that Brexit will be a disaster February 7, 2019 I should have known better. In my last column, I tempted fate and wrote about the good economic news which the UK continued to experience, wondering out loud if Brexit could bring any bad news. Then it happened with one word: “Nissan”. No sooner had it been announced that production of the Nissan X-Trail would not, [...]
Big business needs to step up and take the reins of leadership from the politicians February 6, 2019 I wanna be the leader I wanna be the leader Can I be the leader? Can I? I can? Promise? Promise? Yippee I’m the leader I’m the leader OK what shall we do? Roger McGough did not know how prescient his poem was. The days of Churchill, Thatcher and Mandela are gone. Whether you agreed [...]
President Trump to nominate World Bank critic David Malpass to lead the institution February 5, 2019 President Donald Trump is reportedly set to nominate an ally from the US Department of the Treasury to become president of the World Bank. The nomination of David Malpass would see an ardent critic of the World Bank put in line to lead the lending institution. Read more: Shutdown back down: Trump faces conservative backlash as [...]
Under the neon lights of Tokyo, the City is forging closer relationships with Asia February 4, 2019 Next week will see me travel to one of the busiest cities on earth, home to nearly 40m people and more square footage of advertising and media than anywhere else in the world: Tokyo. My visit is part of a 12-day trip to four Asian cities that will also take me to Seoul, Hong Kong, [...]