Once again, he political classes have turned in on themselves, playing their dire games instead of getting on with the job for which they are paid… Read More Brexit: Is Today the Day?
China deliveries in its fiscal year: -34%. And not getting better: in April, -45%.… Read More Jaguar Land Rover Books its Biggest-Ever Annual Loss. Sales Collapse in China
Citi Group analysts slashed their price target to zero… Read More Vacation Giant & Airline Thomas Cook Verges on Collapse
In no sense do any of the institutions of the Union represent the interests of the peoples whom they supposedly serve… Read More Brexit: Denial
“Zombie firms,” kept alive by low interest rates, account for up to 14% of UK companies.… Read More Businesses in “Critical Distress” in UK, Bankruptcies Surge
February was bad. Housing market weakness is now spreading out from London.… Read More London Home Prices Had Biggest Monthly Drop Since Lehman
One must take media accounts of the latest proceedings with a pinch of salt… Read More Brexit: Over By Christmas?
The House of Commons may not be voting for Christmas but it may soon be voting to be Turkey… Read More A Push for Customs Union Should Be Known as a Soft-in-the-Head Brexit
“The traditional private equity model should have no place in retail.”… Read More UK-Based Multinational Department Store Debenhams Collapses, After 200 Years of Trading
But “superminis” are hot… Read More UK Auto Sales Now Down 15% in Q1 from 2 Years Ago. Diesels in Death Spiral
The monetary union has fused together countries as different as Germany and Italy without forging the institutions necessary to keep the union together. It is a child’s fantasy of a union… Read More The EU Will Move to Full Fiscal Union, or Disband. The UK Must Hold Course
The EU and its overlapping subordinate economic regimes resemble a jellyfish more than a political and economic union… Read More No Choice and No Exit for the UK