“Aiming for growth” is not just a political phrase, but a vital conservative economic strategy, and this fundamental philosophy cannot be lost in the fray of everyday politics. Over the past few months, tough decisions have been made to stabilize our economic trajectory and reassure the markets, but it is imperative that the Conservatives remember …
The IMF is tipping the UK into recession, inflation is still high and there is a palpable sense of gloom over the UK’s economic outlook. Despite this, one bright spot stands out: the UK’s growth as a hub for start-ups and entrepreneurship. The amount invested in UK start-ups has grown exponentially over the past decade, …
I am a single woman in my late 40s with no children. At 50, my federal agency will allow me to retire with a full pension. I’m planning on doing this because I have a large amount saved in my savings plan, and I’m going to be moving to a southern state, probably Georgia. A …
In reality, FTX would never have reached the size it has without the active support of the financial industry and the “grow at all costs” and “break things fast” culture that it encourages. The shaggy-haired 30-something with his chaotic ways suddenly found himself in a position where billions of dollars were thrown at him. His …
FTX was emblematic of a cult of venture capital gone out of control Read More »
I’ve reached the point in my life where I want to settle down, but I recently had a disagreement with a friend about my priorities, and I’d appreciate your insight. I’m 46, single, and make $210,000, not including my annual bonus. I have paid off my student loans and I own my house. He is …
I was amused to see a comment from a financial advisor on social media site LinkedIn accusing the financial press of focusing on negative stories at the expense of good news. What a stupid thing. The post was written by Emily Turgoose, managing director of Life Matters, a financial planning company in Poole, Dorset. I …
JEFF PRESTRIDGE: Urge to focus on negative stories Read More »
It’s a similar picture, albeit on a much larger scale, at both the US Federal Reserve and the European Central Bank (ECB). Britain is a forerunner in recognizing these costs. Eventually, the ECB will be forced to confess as well. Expect a furious row in the German Bundestag when it emerges that the ECB is …
Only now are the true costs of quantitative easing being felt – all £200bn Read More »
Call it Britain’s non-recessionary recession. Already, the current downturn, which the Bank of England predicts as the longest since records began, is shaping up to be a curiosity, with few of the attributes you would normally associate with a recession. Rising unemployment? Few signs so far. Ride bad debt experience? Again, nothing exciting. Falling real …
A few days before the signing of the Treaty of Versailles in June 1919, a letter appeared in The temperature, from a correspondent known only by the acronym “FST”. He praised the self-sacrifice that had saved the nation during the Great War and contrasted it unfavorably with the spending and borrowing spree that ensued in …
Could Sunak use his wealth to reduce the national debt? Read More »
Five years ago, Kenya started building a railway from the coast to, well, frankly, almost in the middle of nowhere. There had been a plan to build a final stage in neighboring Uganda but as the project ran into a series of problems that idea was scrapped and now it comes to an abrupt halt …
We underestimate Beijing’s financial colonialism at our peril Read More »
