ALEX BRUMMER: Pound rises to the occasion

Fans of the steamy BBC dealing room drama Industry will be less than impressed at the flimsy evidence on which multi-million-pound trades on foreign exchange markets are made. A combination of guile, instinct and, occasionally, hard data drives trends. Currency dealers may have little more direct insight as to what is going on in the … Read more

ALEX BRUMMER: Reckoning for Heathrow as a Christmas strike looms

The pandemic has wreaked havoc on Britain’s air transport industry, hospitality and London’s role as one of the world’s great entrepot cities. Traffic at Heathrow plunged 88 per cent year-on-year in November to 747,000. Last year, 81m passengers went through the airport. The owners – Spain’s Ferrovial, the Qatar Investment Authority et al – have … Read more

RUTH SUNDERLAND: Old are valuable asset to economy

RUTH SUNDERLAND: Affluent ‘young-old’ have amassed billions of savings before and during pandemic and will be spending it once virus has been tamed As a society, we are conflicted in our attitudes to old age and the economics of an ageing population  We are simultaneously protective and dismissive, a contradiction that has been highlighted by … Read more

ALEX BRUMMER: Floats that defied Covid

Floats that defied Covid: What makes the 2020 IPO boom so extraordinary are the circumstances, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 21:50 GMT, 11 December 2020 | Updated: 21:50 GMT, 11 December 2020 The year of Covid-19 and the worst ever global shock in peacetime might not seem the best … Read more

ALEX BRUMMER: Mind the UK output gap

Mind the UK output gap: GDP gives some idea how UK PLC is doing, but doesn’t deserve the totemic status it has acquired, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 21:50 GMT, 10 December 2020 | Updated: 21:59 GMT, 10 December 2020 The latest monthly output data tells us what we … Read more