Rishi Sunak is set to rewrite Treasury’s rules to ‘level up’ the North: Chancellor will use spending review to ensure investment in infrastructure previously skewed towards London and South East Rishi Sunak set to abolish the Treasury’s ‘Green Book’ rules on public investment Critics say the rules have favoured pumping investment into wealthier areas Treasury … Read more
US stocks jumped again on Thursday as the presidential election hung in the balance with the Dow rising nearly 600 points and the S&P 500 rallying toward its biggest weekly jump since April. With counting continuing in the battleground states, investors were abandoning cautious positioning that many took ahead of the election, driving all of … Read more
When will I ever learn? All I can say in my defence is that I’m not alone. In common with pretty well every pundit on both sides of the Atlantic, I assumed Joe Biden would trounce Donald Trump. The polls uniformly predicted a Biden landslide. On the eve of the election, a ten-point lead for … Read more
The pound has slumped against the dollar as the US presidential election battle failed to produce an early result and looks set to continue for days. At midnight, the pound was trading at $1.315 but dropped to $1.290 earlier this morning before settling at around $1.300 in the afternoon. Leading up to election day, markets … Read more
Unkempt and unshaven, the man stumbled into the nondescript computer store at a Delaware shopping mall. Entering The Mac Shop carrying three water-damaged computers, he approached owner John Paul MacIsaac, who later claimed that he smelled alcohol on the customer’s breath. Mr MacIsaac was able to fix two of the machines, but the third was … Read more