Peter Harrison: The City must back Sunak’s vision for the stock market City Talk The relationship between the stock market and the economy is fundamental to any nation’s wealth. Without the effective channelling of capital to the best businesses, all suffer. For decades, London has been a world-leading financial hub, but now its future is less certain. First, consider an example of its success. Exactly 20 years ago, a [...]
Why climate change is creating a 1929 moment City Talk The battle against Covid-19 has been brutal, inflicting a terrible cost on society. But it will be overcome; scientific endeavour will prevail. Looking decades ahead, my greater concern is climate change. By 2050 we may find the effects of the pandemic will be dwarfed by the consequences of unchecked global warming. The future actions of [...]
Peter Harrison: UK business needs a £30bn equity injection City Talk The winning companies of tomorrow need help to survive today. This is how we, and the government, could help. The full economic impact of the Covid-19 crisis is now beginning to be felt as each day brings fresh news of job losses. It will get worse. £30 billion fund needed There is a chance to [...]
Outlook 2018: Another good year for investors? December 14, 2017 As investors look ahead to a new year, they could be forgiven for wondering whether they will be as pleasantly surprised in 2018 as they were in 2017. A number of political worries on the horizon this time last year signally failed to materialise, including the likely shape of President Trump’s trade policies, the rise [...]