Remembering D-Day is an exercise in not forgetting Ukraine June 6, 2024 It has become something of a cottage industry in academia, and polite society, to denigrate the achievements of the past. And national myth-making deserves scrutiny, for it forces us to confront the bad old days of the past, too, in order to create a better future. One war, however, has mostly avoided the too-clever-by-half revisionism [...]
Greater Mayoral power would put London in line with the rest of the country June 5, 2024 A June event to which one of our reporters was scheduled to speak – a private dinner of London’s great and good – has been pushed back until September. The election has been given as the reason, but even the organisers acknowledged London is largely absent from the debate apparently gripping the country. The capital [...]
House prices “resilient” for now – but will the election throw them off course? May 31, 2024 UK house prices are standing up to the challenge of expected ‘higher for longer’ interest rates and political uncertainty, according to the latest data. Nationwide’s closely watched house price index showed a 0.4 per cent month on month jump in property prices in May, signalling a 1.3 per cent annual growth rate. Whilst still lagging [...]
The City is underpricing how likely a Kretinsky-owned Royal Mail is May 30, 2024 British post for British doors, then, even if it arrives three days late? That certainly seems to be the Square Mile’s assumption, with shares in Royal Mail owner IDS only nibbling up 4 per cent or so yesterday despite news of a bid far north of its existing price. The working theory is that Daniel [...]
You couldn’t make it up: Thames Water wins regulator’s innovation competition May 30, 2024 Thames Water, the firm responsible for billions of litres of untreated sewage being released into our rivers, has won a £16.9m award
Swiss rolls: Former Credit Suisse boss to leave UBS as forced merger completes May 30, 2024 The former boss of Credit Suisse, who oversaw its untimely decline and forced sale to UBS, is set to step away from the newly enlarged bank.
Royal Mail: Analysts bet Kretinsky £3.5bn takeover is blocked despite board OK May 29, 2024 Royal Mail owner IDS has given the OK to a higher offer from 'Czech Sphinx' Daniel Kretinsky, with a host of safeguards now in place
For Labour, these last 24 hours have been years in the making May 29, 2024 She may not have much of a Texan drawl, but Rachel Reeves’ commitment yesterday to no new tax hikes under a Labour government certainly matched the import of George Bush Senior’s commitment more than three decades ago. It is a commitment that we, and much of corporate Britain, will hold her to if Labour does [...]
Week ahead: Markets mostly unmoved by-election campaigning May 28, 2024 Markets have shown little reaction to the news that Britain will be going to the polls on July 4, with the future path of interest rates still front and centre for investors.
National service is a gimmick, so where is Sunak’s actual vision? May 28, 2024 Well, we didn’t have national service on our election bingo card, either. Cast your mind back all of six days, and you’ll remember Rishi Sunak standing on the steps of Downing Street touting his plan for Britain, the foundation of which was economic stability on the way back. Vote Tory, get a growing economy, was [...]