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By: Tim Focas

Tim Focas is head of capital markets at Aspectus Group

All 38 Articles
  • France’s coming bond crisis is a test for Europe’s double standards

    Opinion

    As Greek government bonds yield lower interest than France’s, the Eurozone faces a critical test over whether European institutions will enforce fiscal rules consistently or protect politically influential member states, says Tim Focas If someone had told investors during the eurozone debt crisis of 2012 that Greece would one day borrow more cheaply than France, [...]

    Emmanuel Macron's next Prime Minister will be his sixth since the start of last year (Photo by Buda Mendes/Getty Images)
  • Is Carney’s European dream pure fantasy?

    Opinion

    Canadian Prime Minister Mark Carney is making a bold punt for European "integration", but it risks being a fairytale, writes Tim Focas.

    Mark Carney, former Bank of Canada Governor, smiling and holding up a CANADA sign.
  • David Brent was supposed to be a satire, now he looks like a model for political leaders

    Opinion

    Attention-seeking, self-absorbed and desperate to be liked, David Brent was meant to embody everything a leader should not be – but today’s media landscape rewards the very qualities Ricky Gervais satirised, says Tim Focas A Tiktok clip has gone viral for comparing Andy Burnham to David Brent. His cheesy mannerisms, dad dancing and guitar playing [...]

    Ricky Gervais as David Brent performing on stage, wearing sunglasses and a patterned vest.
  • Here’s an idea for you Gary Stevenson: a 0 per cent wealth tax

    July 14, 2026

    Gary Stevenson’s success lies in translating a highly complicated economic problem into an emotional story people instinctively understand. The trouble is that successful communication is not really about popularity, it is about ensuring the policy underpinning the message can survive contact with a political and economic reality, says Tim Focas Eye catching, the audience wants [...]

  • SpaceX: To boldly go where no investor comms strategy has gone before

    June 12, 2026

    The wait for the SpaceX IPO is finally over, but it’s what happens next that will be Musk’s greatest challenge yet, says Tim Focas For what seems like an eternity now, investors have been deliberating when exactly SpaceX will finally become a public company. With the wait soon to be over, attentions will quickly turn [...]

  • Municipal bonds could revolutionise Britain – but there’s a catch

    June 3, 2026

    Municipal bonds could create genuine local economic autonomy. But they require infrastructural change to work, writes Tim Focas.

  • Nigel Farage’s crypto punt is unlikely to end well

    April 22, 2026

    Nakamoto, a Bitcoin treasury company that promised a similar vision to Farage’s Stack BTC, is a cautionary tale for investors, says Tim Focas Nigel Farage’s £275,000 stake in Stack BTC, a London listed Bitcoin treasury company chaired by Kwasi Kwarteng, certainly guarantees headlines, but unfortunately, it also attracts copycat investors. Through his ironically named Thorn [...]

  • When politics Trump prices, markets are no longer free

    March 26, 2026

    In any other context, a system where a single individual can move markets so abruptly would raise serious questions about resilience and fairness. With Donald Trump, it is simply accepted, says Tim Focas The most striking thing about this week’s oil market moves is not that traders placed half a billion dollars of bets ahead [...]

  • Reform’s sovereign wealth pitch risks raiding pensions not reviving growth

    March 2, 2026

    Reform’s Richard Tice’s plan to consolidate local council pension schemes fundamentally misunderstands the nature of fiduciary duty, says Tim Focas Behind the rhetoric of Reform’s proposal to consolidate local council pension schemes into a near £500bn sovereign wealth fund lies a major misunderstanding of what these pension assets are and who they exist to serve. [...]

  • Slow Berne: The UK-Switzerland financial services agreement is a quiet Brexit victory

    January 7, 2026

    The Berne Financial Services Agreement is a mature, alignment and recognition deal that replaces regulatory empire building with mutual recognition, and political symbolism with commercial reality, says Tim Focas New Year is usually a moment for resolutions, reflection and overconfident promises about the year ahead. Politics, by contrast, tends to start January exactly as it [...]

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