What happened when Latin America’s most free economy elected a socialist? February 20, 2025 Chile was the most capitalist country in Latin America and had prospered as a result. But since the election of socialist Gabriel Boric in 2021, all that has changed, says Rainer Zitelmann My trip around the world took me to Chile twice, in May 2022 and November 2023. After you’ve been to countries like Colombia, [...]
Healey urges ‘maximum pressure’ on Putin, as Trump blames war on Ukraine February 19, 2025 The defence secretary John Healey has warned that forgetting about the war in Ukraine while talks take place between the US and Russia risks “jeopardising the peace”. It came as Healey countered US President Donald Trump’s claim that Kyiv started the conflict amid a visit to Norway, near its border with Russia. The cabinet minister [...]
Reynolds urged to quit over accusations he falsely claimed to be solicitor February 19, 2025 Business secretary Jonathan Reynolds is being urged to resign as a minister over accusations he falsely claimed to be a solicitor, despite only being a trainee. The cabinet minister – who is responsible for the UK’s businesses and international trade – has been criticised for describing himself as a solicitor before becoming an MP, despite [...]
London house prices stagnant in 2024 February 19, 2025 This meant the average property in the capital remained stuck at £549,000. Factoring in inflation, London properties lost 2.7 per cent of their value.
Business secretary accused of false CV claim to be a solicitor February 19, 2025 Business secretary Jonathan Reynolds has been accused of falsely claiming that he was a solicitor before being elected as an MP, despite only being a trainee. The cabinet minister – who is responsible for the UK’s businesses and international trade – has previously described himself as a solicitor, including on his LinkedIn profile, according to [...]
UK businesses are struggling to implement AI. Here’s why February 19, 2025 It has been claimed that artificial intelligence (AI) could contribute £200bn to the UK economy. Yet, businesses are struggling with adoption due to a lack of expertise, high costs, and regulatory concerns. A survey by digital transformation company ANS and Yougov of over 1,000 IT decision-makers cited the UK’s skills gap as the leading barrier [...]
Who watches the Watches? February 19, 2025 As a newly minted Picture Editor and thus part of the management team of a then-popular left-wing national newspaper, I sat in on a discussion about why the poor ate so badly. Having only recently landed the job and as keen as mustard – and oh so naive – my feet were still planted firmly [...]
‘Alarm bells’ for Bank of England as inflation accelerates to three per cent February 19, 2025 Inflation picked up faster than expected at the start of the year, official data shows, as concerns grow about the persistence of price pressures in the economy. The headline rate of inflation picked up to 3.0 per cent in January, according to new figures from the Office for National Statistics (ONS). This was up from [...]
Everything you need to know about tariffs February 19, 2025 The threat of tariffs mean businesses must check their exposure and figure out what’s going on in their supply chains, says Tim Sarson I’ve decided to write an article on tariffs. I don’t do this lightly. Not only is it political, it is dominating the news agenda. So I’ll steer clear of the politics or [...]
Growth is now near impossible. Here are 7 pleas for Reeves’ Spring Budget February 19, 2025 Growth is impossible if we continue on as we are but the Spring Budget is a chance for change, writes Steve Rigby.