Deeper into the enchanted forest we go. Seen one pink unicorn, seen them all. And what could possibly go wrong…
Corporate insolvencies are rising sharply in the UK and France. A charitable interpretation is that this merely reflects a normalisation…
China’s macro-financial model appears to be in difficulty. The recent depreciation of the yuan, most notably against the US Dollar,…
A softening of the pace of nominal US pay growth in recent months has been welcomed by policymakers as a…
Earlier this month, the Office for Budget Responsibility published its latest appraisal of the UK’s fiscal risks and sustainability (FRS).…
Like a pillion passenger leaning in the opposite direction to the rider, UK banks’ behaviour has become perverse and dangerous.…
The sky is black with chickens coming home to roost. As the reality of the UK’s inflationary struggle dawns, borrowers…
2009 witnessed an impressive recovery in the GfK measure of UK consumer confidence, from around -35 to -15, yet the…
The release of the full national accounts for 2022 has confirmed what an extraordinary year it was for the UK…
Last week, US financial markets woke up to the depth of the funding and liquidity crisis that has been rippling…