Opinion

Britain’s cost-of-living crisis petrifies tenant

The UK cost-of-living crisis is becoming increasingly apparent to people, in the growing gap between the wages they earn and what they spend on groceries and fuel bills. But it is also squeezing the most vulnerable in another less visible but no less fundamental part of life — rent. Happily, t...

Opinion

The 2 per cent inflation target should be consigned to history

All the major global central banks have an unhealthy fixation on the narrowest of data points. They all set policy according to the lodestar of inflation being at 2% in the medium term.That has always been bizarre since the world doesn’t work to such order. They can’t calculate it proper...

Opinion

Boris Johnson unleashes the animal spirits with Brexit deal

The completion of the long-awaited Brexit trade deal comes just as UK markets closed for the Christmas break, but things are set fair for next year when liquidity returns.The British pound versus the US dollar remains the best indicator of sentiment - and it was about the only market open when the d...

Opinion

City of London wants to clean up the world

Britain believes it has chosen the ideal moment to throw its weight behind a financial innovation that might help save the world. As part of Prime Minister Boris Johnson’s blueprint to fight the climate emergency, the U.K. is exploring the creation of a London-based international market in car...