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Uncertainty over UK car finance scandal is putting off investors, warn CEOs
The car finance commission scandal is causing concern across the City about the UK’s approach to rules and regulation, with bosses and investors saying that the uncertainty is making it “difficult to operate”.
Lenders caught up in the scandal could be facing a compensation bill of up to £30bn, according …
‘Asking Rachel Reeves to reverse 15 years of austerity in two years is unreasonable’
Calm has been restored, for the time being, but the lingering effect has been to increase the UK government’s cost of borrowing.
…The new gold rush: why the precious metal has lost none of its allure
There’s a secrecy to the specifics of our planned rendezvous, when I meet a sharp-suited Egon von Greyerz in Zurich airport’s arrivals hall. Hands shaken, he guides us out of a side entrance towards a car park in a quiet corner of the sprawling complex. Roughly 30,000 people work in …
Trump versus the bond market: president-elect’s campaign rhetoric puts investors on edge
Donald Trump’s return to the White House on Monday has the world economy on tenterhooks. Could the 47th US president govern broadly as he did last time, when his most extreme threats were ultimately softened? Or is this time different?
Related:
UK economy could be especially at …
Rachel Reeves will go on Davos charm offensive as plan for cuts rattles nerves at home
A drive to reduce the benefits bill will be pursued by the government alongside a charm offensive to attract more companies to invest in Britain, amid nervousness in Labour circles over a new round of spending cuts.
The chancellor, Rachel Reeves, will travel to the World Economic Forum’s annual meeting …
First Brexit, now Trump and Musk: ignorance is back with a vengeance | William Keegan
‘Never underestimate the power of ignorance.” I came across this thought while looking for something to watch late at night after the television news on the horrors in Gaza, Ukraine, Sudan and the Los Angeles fires.
The quote comes from an old episode of my friend Paul Whitehouse’s
The …
Rollercoaster week for the chancellor ends in relief … and a lesson learned that fortunes can change very fast
Germany is gripped by election fever … but Trump is pulling the strings
Sadiq Khan warns western democracy at risk from ‘resurgent fascism’ ahead of Trump inauguration
The west must face up to a century-defining battle against a resurgent far right that is on the march across the developed world, Sadiq Khan warns today, as he calls on ministers to take on extremism ahead of Donald Trump’s second inauguration as US president.
In the most strident rallying …