Cracks appear in the eurozone: The EU is malfunctioning on a political and technical level, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 21:57, 22 June 2022 | Updated:…
Tag: BRUMMER
ALEX BRUMMER: The EU Is Malfunctioning At A Political And Technical Level
Britain’s conspicuous G7-topping inflation rate and the fall in the pound have reawakened Brexit critics. The Resolution Foundation think-tank says that Brexit has reduced the competitiveness of the UK economy, with alarming…
ALEX BRUMMER: Rates Crush Private Equity
The end of cheap money is bringing what John Kenneth Galbraith called ‘the bezzle’ to a shuddering halt. Crypto has crashed, placing the future of funds such as Three Arrows Capital in…
ALEX BRUMMER: Rates crush private equity
Even small changes in market interest rates, for owners which rely on debt and quick turnarounds, spell trouble, says ALEX BRUMMER Cracks in the invincibility of the private equity model are starting…
ALEX BRUMMER: Chancellor Rishi Sunak Takes On Bank Of England
A key ritual in the quarter-of-a-century since the Bank of England gained its independence is the requirement that the Governor writes to the Chancellor with his excuses when the inflation target is…