These chief execs think President Trump could be good news for business November 11, 2016 Donald Trump as President could be good for business, according to the chief executives of Goldman Sachs, BlackBerry and hedge fund Pershing Square. Bill Ackman, the founder and chief executive of Pershing Square, said yesterday that he was “extremely bullish on Trump”. “The US is the greatest business in the world,” he said at a [...]
Facebook’s Mark Zuckerberg rejects claims the network swayed the US election November 11, 2016 Mark Zuckerberg has denied claims that fake news on Facebook helped elect Donald Trump to the White House. The chief executive of Facebook said at the Techonomy technology conference in San Francisco last night that it was a "pretty crazy idea" and that voters "make decisions based on their lived experience". “The idea that fake news on [...]
No 10 says Farage is an ‘irrelevance’ amid his suggestions he’ll work with Trump November 11, 2016 Downing Street has denied claims that they will use Nigel Farage as a go-between for talks with the President-elect Donald Trump, claiming he was an "irrelevance". The Telegraph claimed last night that ministers would be forced to use the contacts of the interim Ukip leader as they have no links to the President-to-be or his team. [...]
Morning Wire Awards 2016: Our business heroes make the most of the madness November 11, 2016 Businesses hate uncertainty, so we’re told. The lobby groups that represent UK plc constantly remind us of the benefits of a calm economic and political environment, with benign conditions nurturing growth and prosperity. It’s a nice thought, and an understandable sentiment. But the reality is that life is never straightforward, and some of the business [...]
Boris Johnson says Trump’s victory represents a “great opportunity” for the UK to build a relationship with the US November 10, 2016 Foreign secretary Boris Johnson said that the public needs to snap out of any downbeat feelings towards Donald Trump's US presidential election victory. Speaking to reporters after meeting Serbian Prime Minister Aleksandar Vucic, Johnson said that "it's time we snapped out of general doom and gloom about this election", according to reports by Reuters. Johnson went on [...]
Editor’s notes: Does Trump’s victory provide opportunities for the UK? Maybe November 10, 2016 One benefit of Trump’s shock victory is that it makes the Brexit vote look like a council by-election in comparison. The world is now used to the idea that over the next two years the UK will slip the surly bonds of Brussels, and although the full details of that plan aren’t fully understood it’s the [...]
Ex-Cameron adviser Dan Korski is on the look-out for people to back an innovative new fund November 10, 2016 One of David Cameron’s fellow Brexit vote victims is on the hunt for backers for a fund that will invest in public sector technology projects. Dan Korski, who quit his role as special adviser to David Cameron following Britain's decision to leave the EU, is planning to launch a new "govtech" fund. And, according to reports [...]
Barack Obama and Donald Trump put aside differences to ensure smooth transition November 10, 2016 Barack Obama and Donald Trump got the presidential transition ball rolling this afternoon by holding an "excellent" meeting. Chewing the fat in the Oval Office, both men put past differences to one side and afterwards smiled for the cameras in what appeared to be a very cordial event. The get-together is likely to be the first of many [...]
“I’ve got the best job in the world”, says Sadiq Khan, Morning Wire’s Personality of the Year 2016 November 10, 2016 Sadiq Khan is feeling ambitious as he sits down with City A.M to discuss his first six months as London mayor. Khan isn't just sketching out his plans for the next six months in office – the former Tooting MP is talking in decades. To be precise, he's talking about serving no fewer than six [...]
Reports: Donald Trump considering JP Morgan chief Jamie Dimon for treasury secretary spot November 10, 2016 Although Donald Trump's policies might still look a little vague, it looks like his advisers have started dropping hints about who they want to take the top spot in the treasury. Trump's advisers have suggested the new president-elect should take on JP Morgan chairman and chief executive Jamie Dimon as treasury secretary, according to CNBC. [...]