Tag: Phillip

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IMF wags its finger at central banks – but are they listening?

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International agencies saw their influence wane after the 2008 financial crash as the support for multilateral agreements gave way to quick-fix solutions between governments. The International Monetary Fund and the Wo...

Sunak faces calls to do more to tackle UK slowdown – much to his frustration

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What is the chancellor going to do when figures charting Britain’s economic growth in February show the recovery from the pandemic was almost at a standstill before the invasion of Ukraine had started? Shopping and ea...

UK house prices remain turbo-charged without sales of healthy market

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A buoyant private sector housing market is one of the key building blocks of economic activity. That’s the view inside the Treasury and nothing in the last 50 years – not the widening wealth gap, nor the risks that co...

Sadly, trade minister is right to say UK firms do better in foreign hands

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UK firms perform better under foreign ownership, says the trade minister Gerald Grimstone. “All our research shows that overseas invested companies in the UK are more productive … they generate more jobs than UK compa...

Price gouging fine for Advanz is a rare story that is becoming common

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A fine by the Competition and Markets Authority (CMA) for unfair pricing by private health companies is a rare story that looks set to become increasingly common. This week’s example is the £100m penalty dished out to...

Don’t expect post-Brexit Britain to match EU’s fight against big tech

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If anyone needed convincing that the pandemic would turbo-charge sales at America’s largest tech firms and send profits soaring, this week’s quarterly results defied the doubters. Apple, Microsoft and Google owner Alp...

Education for girls and vaccines can save Africa from disaster

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There are so many good causes in the world it is often difficult to know where aid money should go. As leaders line up to attend the G7 summit in Cornwall, the most effective destinations for aid money have become cle...

If Cyprus is intransigent on tax then G7 should sign up themselves

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Cyprus has dared to swim against the tide of sentiment running to all corners of the globe that multinational firms should pay a fairer share of tax. The island nation has threatened to block EU officials from signing...

Buckingham Palace’s lack of ethnic minorities has long been obvious – even to devotees

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We now know that the Queen’s courtiers banned “coloured immigrants or foreigners” serving in clerical roles until at least the late 1960s, and that her household took great pains to be exempt from anti-discrimination ...

Sixth person dies after shooting involving former NFL player Phillip Adams

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A sixth person has died after being shot by a former NFL player at a South Carolina home last Wednesday. Robert Shook, a 38-year-old air conditioning technician, was shot in the driveway of the Rock Hill, South Caroli...