In the Square Mile, all the pieces matter to City of London prosperity October 27, 2022 “Earn the commute.” That was the phrase that a host of City hotshots used in a panel discussion earlier this week. It’s a helpful way of understanding the Square Mile’s rebound from the pandemic, and indeed, how it has changed. Today, the City will be at its busiest. Thursday is the new Friday, after all, [...]
Growth for Durex owner Reckitt as punters find new way to warm the home October 26, 2022 CONSUMER giant Reckitt enjoyed another bumper quarter heading into the winter – with strong momentum in one particular category suggesting consumers across the world might have found alternative ways to keep warm amid the energy crisis. The firm said it had seen “strong growth” in its intimate wellness portfolio, which includes Durex and KY, alongside [...]
Dishy Rishi has a lot on his plate and there’s little time to waste October 25, 2022 Rishi Sunak may not have lots of time on his hands, but one book is perhaps worth reading. In his recent tome Stupid Bankers, Irish author Paul Kilduff makes the case that sometimes – just sometimes – it really can be one individual that changes the course of financial history. Nick Leeson, for instance, crashed [...]
Not-so-free-market Rishi isn’t perfect, but he’s the right choice right now October 24, 2022 Rightly or wrongly, Britain’s credibility is at stake – and right now, Rishi Sunak is more likely to restore confidence in the country’s government than either Penny Mordaunt or Boris Johnson The choice facing Conservative MPs today is a difficult one. They are behind in the polls, and fear for their political future. They are [...]
To win over the bond market, it has to be Dishy Rishi October 23, 2022 Tim Martin is the CEO of JD Wetherspoon In selecting the next Prime Minister, MPs need to bear in mind that the terrible twins, the bond market and inflation, feeling increasingly disrespected by central bankers and politicians , are angry and emotional – and are watching their every move. The mere revelation on Friday that [...]
Boris Johnson quits leadership battle leaving path clear for favourite Sunak October 23, 2022 BORIS JOHNSON has sensationally ruled himself out of the running to become Conservative party leader, making Rishi Sunak the odds-on favourite to become the country’s next Prime Minister. Johnson claimed he had secured the backing of more than 100 MPs – the threshold needed to get on the ballot to become Liz Truss’ replacement – [...]
Truss’ diagnosis of Britain’s growth riddle should be remembered October 21, 2022 The Italian Ambassador to Britain is this week a very grumpy man. The source of his angst is the cover of The Economist newspaper, which this week reads “welcome to Britaly,” alongside a mock-up of Liz Truss as a kind of Milanese Boudicca, branding spaghetti atop her spear and protected by a shield made of [...]
Is Truss helping or hindering her own pro-growth policies? October 20, 2022 One of the greater mysteries of the universe is why David Cameron is yet to delete a tweet from the run-up to the 2015 election: “Britain faces a simple and inescapable choice – stability and strong Government with me, or chaos with Ed Miliband.” The voters chose the former, but it is fair to say [...]
Spam sales up nearly 40 per cent at Waitrose as price hikes bite October 20, 2022 BRITAIN’S DISCOUNT retailers are set for a winter windfall – with even Waitrose shoppers turning to spam and fish heads as the cost of living crisis bites. The sales of both have risen more than a third at the high-end supermarket over the past year, the firm confirmed overnight. Analysts reckon budget grocers like Aldi [...]
Ditching the triple lock would be unpopular – and deeply worthwhile October 19, 2022 Liz Truss said she wanted to be unpopular. She’s certainly achieved that over the past few weeks, and to not much obvious benefit to either her party or the country. But if, as suggested, she takes aim at the triple lock on pensions we may finally be looking at an unpopular decision worth making. The [...]
