The City View podcast: The view from Luxembourg, with Nicolas Mackel In this episode, Christian gets the view from Luxembourg, which has established itself as a key European hub for financial services. Nicolas Mackel is CEO of Luxembourg for Finance, the body representing financial services in the country, and he shares his thoughts on how the sector should respond to the economic challenges of the pandemic; [...]
Labour launches plan to make ‘no deal’ Brexit illegal Labour plans to make 'no deal' Brexit illegal Labour are set to launch an audacious bid to make it illegal for the UK to leave the EU without a Brexit deal. The party will force a vote in parliament on Wednesday afternoon to make it possible for MPs to introduce legislation on 25 June ruling out a ‘no deal’ Brexit. The plan has [...]
London’s private sector bounces back after weak April London’s private sector recovers from bad April London’s private sector bounced back last month from a weak April, with firms reporting the first rise in new business in 2019, according to a survey from Natwest. Read more: London takes top spot in future global cities ranking The purchasing managers’ index (PMI) for the capital – which measures the output of the private [...]
Beware comparing Brits’ productivity unfavourably to that of the French or Germans March 20, 2017 NULL
Law, ethics and culture must align for the banking sector to be worthy of customers’ trust March 20, 2017 NULL
Timid centrist Emmanuel Macron is unlikely to fix a failing France March 3, 2017 Napoleon is said to have preferred lucky generals to clever ones. If true, Emmanuel Macron, the centrist candidate in this year’s French presidential election, would have found an eminent position in the great man’s army. For what else could have propelled this political ingenue who has never held elected office, who lacks a party hinterland, and [...]
Britain is an oasis of calm amid Europe’s political chaos February 24, 2017 In a fit of pique at the Brexit vote, the Dutch Prime Minister Mark Rutte told MEPs last July that Britain had “collapsed – politically, economically, monetarily and constitutionally”. Embarrassingly for him, events have proven otherwise, with the UK posting the strongest growth in the G7 in the final quarter of 2016, the Bank of England still [...]
The government’s assault on buy-to-let landlords is hurting tenants February 10, 2017 The bill for the government’s misguided war on buy-to-let is coming due. The Royal Institution of Chartered Surveyors (RICS) said yesterday that rents are likely to rise by 25 per cent over the next five years, outpacing house price growth, as landlords pare back their portfolios and tenants are left to fight over a diminishing supply [...]
