The age of Brexit Blairism: Rishi Sunak bet his budget on New Labour’s success – CityAM : CityAM November 2, 2021 Last week, while many in Westminster were gripped to the BBC’s ode to New Labour, the Blair & Brown documentary, Boris Johnson seemed to take it literally. His boosterism has finally defeated Treasury orthodoxy. As such, this is a very different Conservative Government to the ones in the last decade. It is one that will [...]
Truss’ China truth-telling has done us all a favour November 2, 2021 One of the simpler but more important truths about dealing with authoritarian regimes is that they respect only strength and resent truth-telling. By those measures, Foreign Secretary Liz Truss is outpacing her peers with a refreshing show of rhetorical honesty and hard-nosed realism, especially on the greatest threat the free world faces: Communist China. Here [...]
The age of Brexit Blairism: Rishi Sunak bet his budget on New Labour’s success November 2, 2021 Last week, while many in Westminster were gripped to the BBC’s ode to New Labour, the Blair & Brown documentary, Boris Johnson seemed to take it literally. His boosterism has finally defeated Treasury orthodoxy. As such, this is a very different Conservative Government to the ones in the last decade. It is one that will [...]
Questions for Barclays board remain even after CEO departure November 1, 2021 The board is disappointed at this outcome,” said Barclays statement to markets yesterday morning. As understatements go, it’s up there with Spike Milligan’s “I told you I was ill” epitaph. That Jes Staley has left the firm is not, necessarily, a surprise. It has been rumoured that he was ready to give up the gig [...]
France calls for day-long ceasefire amid post-Brexit fishing saga November 1, 2021 French president Emmanuel Macron has given the UK until the end of climate negotiations at COP26, to fix the ongoing fishing row. “The British are going to come back to us tomorrow with further proposals. We’ll see where we are at the end of the day,” Macron told reporters in Glasgow. “We won’t be bringing [...]
‘Unsustainable situation’: Bluegreen becomes 14th supplier to collapse amid energy crisis November 1, 2021 Energy supplier Bluegreen has become the latest casualty amid the UK’s energy crisis, as it confirmed today that it will cease trading. The country’s energy crisis, which has seen prices for gas and electricity hit record levels, has now pushed a total of 14 firms into administration in just two months. Bluegreen, which serves 5,900 [...]
Is Open Interest data pointing to an imminent Bitcoin sell-off? November 1, 2021 Open Interest in Bitcoin Futures is giving crypto analysts cause for concern as it closes in on its all-time high, leading to the possibility of a brutal correction.
Sunak comes out fighting in defence of tax hikes and spending spree November 1, 2021 Tory Chancellor Rishi Sunak has defended his decision to swell the tax burden to its highest level in decades. Responding to a grilling from fellow MPs on the Treasury Committee, Sunak said last week’s bumper budget spending spree was designed to deliver on a “bunch of commitments” the government promised to achieve. The Chancellor’s decision [...]
Thousands in London issued with ‘no fault’ eviction notices despite proposed ban November 1, 2021 Thousands of Londoners have been issued “no fault” eviction notices, despite the government pledging to ban them in 2019. Section 21 of the 1988 Housing Act has allowed private landlords to evict tenants with two months’ notice without having to prove any fault or wrongdoing – with 5,700 city folk receiving them over the last [...]
David Beckham’s partner for Seven Global joint venture close to financial collapse November 1, 2021 David Beckham’s joint venture partner is reportedly teetering on financial collapse, which could see the football player gain full control of shared firm Seven Global. Partner GBG International Holding Company, which owns 51 per cent of the consumer products licensing business, is mulling the decision to appoint Teneo Restructuring as administrator, Sky News’ Mark Kleinman [...]