The rather bizarre stand-off between Unilever and Tesco introduces an unexpected consequence of Brexit and its impact on the value of the pound. This blog has many times pointed out that the fall in the value of sterling is a good thing and there can be no economic recovery without it. However it is critical […]
That question is impossible to answer. By any conventional political measure, whether it is opinion polls, or experience of what can work and what cannot, the Trump campaign is over. The Republican party has deserted him, women are now coming forward with groping tales, unwanted kisses and similar smut, the tax row continues to grumble deep […]
Boris Johnson’s call for demonstrations outside the Russian embassy yesterday in parliament were childish. He has turned out to be a very big disappointment to many in his first cabinet post, demonstrating incompetence and poor judgement and appearing out of his depth. The terrible suffering in Aleppo shocks the world. There are two sides in every […]
There is something of a fog wafting through international affairs at the moment; the US election, Brexit, Syria, Globalization, Debt mountains, low growth etc. etc. What shines brightly in the gloom is the fall in sterling. Although this is causing anxiety among some parts of the global investment community, it is very good news for the […]
The Government has rejected increasingly strident calls from senior MPs from all parties that the House of Commons must have a vote about the basic elements of the government’s plans for Brexit. Downing Street asserts that, following the referendum result it is right and proper to proceed according to the mandate given by the people, […]
The Parliamentary Labour Party, which its stalwarts claim nearly met its doom under the ultra left Michael Foot, is now having tantrums about how the Shadow Cabinet was chosen and appointed. Never mind the detail; they are behaving like children. They mounted a rebellion and lost spectacularly and it is now time to knuckle down or get […]
Or is he? There is universal condemnation, outrage and dismay about the groping tape. Trump is isolated without any defenders. He has come forward with a comprehensive apology. Things must be bad because that is new from him. And yet it seems always to be the case that he emerges from these terminal (for any normal […]
The last vestiges of Thatcherism have gone. The cult of the individual is over. Government is a good thing and will intervene to boost business if needed and punish it if it is naughty. Markets not working properly ‘will be repaired’. Monetary policy is not working for ordinary people. Interest rate policy is a fiasco, or […]
Even the fact that he never pays Federal Tax, which would have sunk any other presidential candidate, seems not to impact Trump badly, although the polls show Hilary pushing ahead again. Many people hate the Federal government and its taxes, so they agree with Trump when he says he is smart. The difficulty for pollsters and pundits is that […]
The resignation of the newly elected leader Diane James because she cannot gain control, is a public declaration that the party for UKIP is all but over. It had a purpose and it fulfilled it. It was a platform for Nigel Farage. It achieved its goal. The UK is off out of the EU. Farage […]