Are London-only visas a good idea? November 10, 2016 Richard Brown, research director at the Centre for London, says Yes. For much of the UK, immigration was the big issue in the EU referendum. Londoners have always been slightly more relaxed. One in four workers in the capital are from overseas, and Londoners in general are far more positive about immigration than people from [...]
Bitcoin will thrive under the certain uncertainty of a Donald Trump presidency November 10, 2016 The world woke on Wednesday morning to news that billionaire Donald Trump swept to power in an election result that will go down as the most surprising in American history. At first, markets were hit hard, though the dust has already begun to settle as investors acclimatise to the soon-to-be White House resident. The election, in particular [...]
Donald Trump’s ambiguous trade policy is a massive opportunity for Britain to catalyse the creation of a new Prosperity Zone November 10, 2016 Much ink has been expended on what a Donald Trump presidency will mean for trade. He has promised at various times in his campaign to slap 45 per cent tariffs on China and Mexico, to pull the US out of Nafta and the WTO, and has railed against the TransPacific Partnership. Naturally many people have assumed [...]
Trumpism will clash with economic reality November 10, 2016 Yesterday marked the 27th anniversary of the fall of the Berlin Wall. It also heralded the ascendancy to the world’s most powerful office of a man whose most famous campaign pledge is to construct a massive wall along the length of America’s southern border. “We’re going to build it,” declared Trump, “and Mexico’s going to [...]
Anti-free trader Donald Trump is on a collision course with economic reality November 9, 2016 US presidential elections have always been imbued with protectionist rhetoric, most notably in the Democratic party primaries. What’s different in 2016 is the scale of it and the fact that it comes from the other side of the political aisle. The election of Donald Trump pitches political rhetoric against economic history. Those who know their [...]
Could a Trump presidency actually be good for stock markets? November 9, 2016 Adrian Lowcock, investment director at Architas, says Yes. Markets are still digesting what a Trump presidency means for investors and, although comparisons with Brexit are overstated, we could see some more volatility. Longer term, the result could be good news for stock markets. The shock result may mean that interest rates do not rise in [...]
America’s nervous breakdown leaves the free world without a protector November 9, 2016 Once at a meeting of the Council on Foreign Relations in Washington, the great and the good assembled there were invited to say what they saw as the number one single greatest problem confronting the world. The usual answers were tamely trotted out: Nuclear Proliferation, Pandemics, Terrorism, Global Warming, the tired four horsemen of the imaginary [...]
Let’s face it, Hillary Clinton was a terrible candidate – and Trump could be very good for Britain November 9, 2016 It is sadly commonplace to sneer at Americans in our country – a lamentable tradition of biting the hand that freed us. As the 2016 Presidential election is prompting the emergence of another bout of this regrettable tendency, I thought that I’d counsel against it here. Don’t get me wrong. I do not claim that [...]
RBS faces a long road to profitability as it seeks to put its problems behind it November 9, 2016 In an era of ultra low interest rates, ever tightening regulation and steep legacy fines, times are tough for banks. But taxpayer-backed RBS, which has not made a full-year profit since 2007 and has seen shares slide 36 per cent in the year to date, is having a particularly rough ride. This is largely through problems [...]
M&S dresses for success by choosing food over fashion November 9, 2016 As Marks & Spencer announces its turnaround plan, now is a great time to analyse how the retailer has reached this point, and whether a revival is possible. M&S reported falling sales and profits in the six months to the end of September and said it will close more clothing and home stores, and convert many [...]