Keir Starmer accused of ‘sidelining’ pledge to secure fastest growth in G7 December 2, 2024 Sir Keir Starmer has been accused of “sidelining” his pledge for the UK to have the fastest growth in the G7 ahead of a set of new targets aimed at making Brits feel richer. The Prime Minister has been criticised for appearing to ditch the “key election pledge” in what a Tory opponent told The [...]
Trump uses JP Morgan chief Jamie Dimon as ‘informal adviser’ December 1, 2024 Donald Trump has reportedly used JP Morgan Chase boss Jamie Dimon as a “sounding board” for policy ahead of returning to the White House. The Wall Street veteran has been in regular communication with Trump for months, including after his election victory, The New York Post reported. The “no-holds-barred conversations” are said to have centred [...]
Bank of England warns on threat of global trade barriers November 29, 2024 Rising global trade barriers threaten to drag on global economic growth and unsettle the stability of the UK’s financial system, the Bank of England has warned today. In its half-yearly financial stability report, the central bank said the financial system could be hit by disruption to cross-border capital flows and a reduced ability to diversify [...]
Wealthy Americans look to London prime property after Trump’s victory November 27, 2024 Real estate agents in London’s prime property market have marked a spike in interest from wealthy Americans looking to relocate to the UK – particularly families – after Donald Trump’s successful Presidential election campaign. Estate agents Cluttons has experienced a “noticeable uptick in demand” post-election, according to its head of London residential, Laura Dam Villena. [...]
Diplomat tells business leaders: Special relationship ‘isn’t going anywhere’ with Trump’s return November 25, 2024 The UK-US “special relationship isn’t going anywhere”, a senior diplomat has predicted, ahead of Donald Trump’s return to the White House in January. Matthew Palmer, deputy chief of mission at the US embassy in London, told attendees the two countries “transatlantic alliance” and “economic relationship” was one of the most “resilient and adaptable relationships in [...]
Starmer backs ICC’s arrest warrant for Israeli PM Netanyahu November 22, 2024 Sir Keir Starmer has backed the International Criminal Court (ICC) after it issued a warrant for the arrest of Binyamin Netanyahu. The court ruled the Israeli prime minister and his former defence minister Yoav Gallant are at risk of arrest if they travel to any of the 124 countries that are signatories to the ICC, [...]
The Notebook: No state visit for President Trump? What a mistake November 19, 2024 If we know anything about Trump, it's that he likes a bit of show business. Not inviting him for a 2025 state visit is a big mistake, writes Michael Martins.
UK M&A set for ‘sustained increase’ after Budget and Trump victory November 14, 2024 British M&A activity is expected to ramp up going into 2025, City advisers have said, as dealmakers feel more certainty following the Budget and US presidential election.
US election shows voters care more about inflation than growth November 12, 2024 Donald Trump's re-election as President has raised fundamental questions for Labour's economic and political agenda, writes Chris Dorrell
Top City advisor tipped for US ambassador role November 11, 2024 Peter Mandelson, the Labour former minister and president of advisory firm Global Counsel, is reportedly a front runner to take over as British ambassador to the United States. Lord Mandelson is said to be in the running to replace Dame Karen Pierce, who was appointed in 2020 and will remain in Washington until after Trump’s [...]