My regular review of news over the past seven days, including thoughts on Burnham’s first policy announcements, overseas aid, “anti-social businesses”, and the latest economic data (good, in parts). A week may be a long time in politics, but the new team at No.10 has navigated it well. A polished sequence of flashy policy announcements … Continue reading Weekly wrap: a perfect 10 for stagecraft, a shaky 3 for substance
Category: financial markets
Don’t bank on a “Burnham bounce”
Andy Burnham's first week as PM has coincided with some better economic news. The more positive tone from No.10 may help a little further, but the inflation and fiscal risks haven't gone away. Andy Burnham’s first week as Prime Minister has coincided with some better news on the UK economy and especially on business and … Continue reading Don’t bank on a “Burnham bounce”
Weekly wrap: don’t forget the US-Iran war…
The spotlight is on Andy Burnham, but the immediate prospects both for UK markets and for the economy may depend more on events in the Middle East than in Westminster for quite a while yet. Welcome to the latest summary of news that caught my eye over the past seven days. Theme of the week … Continue reading Weekly wrap: don’t forget the US-Iran war…
Another lurch to the left under Burnham could tip the economy over
Better news on inflation might lower bond yields regardless of the changes in Downing Street. But it seems more likely that honeymoon disappointment and Budget speculation will sap confidence further. This Friday, Andy Burnham is set to be confirmed as the new leader of the Labour Party and hence as the next Prime Minister of … Continue reading Another lurch to the left under Burnham could tip the economy over
