Economics & Markets

OPEC has sided with Russia to keep oil prices high. By doing so, it is bringing forward its own inevitable demise, says Victor Hill.

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.

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.

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.

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.

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.

Inside the mind of the Master Investor: Influential British investor Jim Mellon reveals his latest thoughts on the markets.

It is now clear that the policy of imposing lockdowns to counter the coronavirus pandemic wrought lasting, possibly irreparable damage, says Victor Hill.

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.

Millions of people in the UK don’t think working is worth it; others believe that if they are paid a minimum salary, they should offer minimum effort. There is something rotten in the state of the labour market, says Victor Hill.