Farewell, Prime Minister
8 mins. to read
The Truss leadership issue is over – after an embarrassingly short 45 days. Her successor must understand the lessons of what went wrong, says Victor Hill.
Economics & Markets
Oil Games
13 mins. to read
OPEC has sided with Russia to keep oil prices high. By doing so, it is bringing forward its own inevitable demise, says Victor Hill.
Economic Climate Change
14 mins. to read
It is one thing to cope with variable weather and something else to adapt to a new climate. Some financial institutions will adapt to an environment of much higher interest rates better than others, says Victor Hill.
Whither the Pound?
15 mins. to read
Will the pound sink further? And what would happen if it did? Markets can be melodramatic, but we must always heed them, says Victor Hill.
Fiscal Event: Chancellor Kwarteng’s New Era
13 mins. to read
Chancellor Kwarteng delivered his “fiscal event” aka mini budget in the House this morning. He has signalled a major change of course, says Victor Hill.
Has Putin Lost?
11 mins. to read
In an incredible turnaround, Russian forces are in retreat in both the south and the east of Ukraine. Russian losses are mounting. There will be much more pain – but we may be near the end of the beginning, says Victor Hill.
What we know about ‘Trussonomics’
12 mins. to read
At the end of the extraordinary week in which the UK acquired a new prime minister and a new monarch, the new prime minister faces a dismal economic landscape. The markets will be swift to judge her economic policy, says Victor Hill.
Mellon on the Markets: Autumn Outlook
6 mins. to read
Inside the mind of the Master Investor: Influential British investor Jim Mellon reveals his latest thoughts on the markets.
Journal of the Plague Years Epilogue: The Lethal Legacy of Lockdowns
13 mins. to read
It is now clear that the policy of imposing lockdowns to counter the coronavirus pandemic wrought lasting, possibly irreparable damage, says Victor Hill.
Aviation: the trouble with airports and airlines
12 mins. to read
Well-run, expanding, no-frills airlines were once a one-way bet, and the major airports they used were guaranteed to make money. What changed? Everything, says Victor Hill.