Rishi Sunak has that rare quality among politicians of sounding as though he means what he says. Using the jargon, he comes across as authentic and his enthusiasm makes him immensely likable. Even his nickname, Dishi Rishi, is complimentary rather than derogatory. Again, rare for a politician. Tough call: Chancellor Rishi Sunak admits there is hardship ahead … Read more
Maybe it will come as a huge relief to learn that the Bank of England is no longer forecasting the worst downturn in 300 years and only the biggest for a century but then again maybe not. Doomy historical comparisons are one way of illustrating the scale of the crisis. But our economy, from Amazon … Read more
Statistics on the economy are, to most people, just a remote and abstract jumble of numbers – right until the moment they are the one to have lost their job. It happened to my father in the 1980s and it is happening to hundreds of thousands of people right now. Yet there seems to be … Read more
VICTORIA BISCHOFF: A mortgage ‘holiday’ might not affect your credit scores but it could still have costly consequences By Victoria Bischoff for the Daily Mail Published: 22:00 BST, 4 August 2020 | Updated: 09:38 BST, 5 August 2020 As the pandemic tore through the nation’s finances in the spring, the promise of a mortgage holiday … Read more
It is too early to bring out the champagne, but a big slice of British industry is back in business. Factory output rose in July at its fastest rate since November 2017, giving fresh hope the economy is moving towards a V-shaped recovery. Pollster YouGov’s consumer confidence indicator has also shot up into positive territory … Read more
RUTH SUNDERLAND: One hopes that alongside his medical advisers, PM Boris Johnson is also listening to those at the sharp end of the economic emergency The Big Four banks have lent like there is no tomorrow to keep their customers afloat Joblessness could be worse than the Boys from the Black Stuff era of the … Read more
It’s $2,000 an ounce… but should you join the gold rush, asks TOBY WALNE By Toby Walne for The Mail on Sunday Published: 22:31 BST, 1 August 2020 | Updated: 22:56 BST, 1 August 2020 A rush of investors seeking a safe haven from stock market turmoil is pushing the gold price close to a … Read more
When there are seismic shifts in the economy, the companies that will triumph are those that can get ahead of social and economic change rather than be beaten by it. And that is why the John Lewis Partnership should be a beacon for other enterprises faced with a massive challenge. For some firms, obviously the … Read more
MAGGIE PAGANO: Should big tech behemoths be broken up like Theodore Roosevelt axed Standard Oil and telephone companies in the 1920s? Or can their power be reined in? Big tech is enjoying what can only be perversely described as a good lockdown Would breaking tech giants up benefit the customer? By Maggie Pagano For The … Read more
ALEX BRUMMER: US economy is in terrible shape and that should be a worry in Whitehall since America is our single biggest trading partner By Alex Brummer for the Daily Mail Published: 22:28 BST, 30 July 2020 | Updated: 22:28 BST, 30 July 2020 August has often been a month of nasties for financial markets, … Read more