Could EU citizens get better UK access?

  • 20 January 2017
  • From the section Business
UK border Image copyright Reuters

It has been said of the Prime Minister that it is as important to listen to what she doesn't say as to what she does.

When I interviewed her yesterday, I asked about an issue that is a live debate in government.

Yes, the Prime Minister has been very clear about what the UK doesn't want in its negotiations with the European Union.

No free movement of people.

And no oversight of British laws by the European Court of Justice.

Read full article Could EU citizens get better UK access?

Theresa May's warning for the global elites

  • 19 January 2017
  • From the section Business
Media captionTheresa May: Some companies play by a different set of rules

The round of applause at the end of Theresa May's speech was shorter than for that other leader of the capitalist free world, the President of China.

Whereas Xi Jinping's welcome at the World Economic Forum was one usually afforded visiting rock gods, the reaction to Mrs May was rather more polite.

Read full article Theresa May's warning for the global elites

Lagarde warns UK of pain ahead as Brexit approaches

  • 18 January 2017
  • From the section Business
Christine Lagarde Image copyright Getty Images

The head of the International Monetary Fund has warned the UK there is still likely to be "pain" ahead as Theresa May prepares to trigger the UK's departure from the European Union.

Christine Lagarde told the BBC the Brexit process would be complicated.

Read full article Lagarde warns UK of pain ahead as Brexit approaches

China goes big in Davos - and here's why

  • 17 January 2017
  • From the section Business
Xi Jinping Image copyright AFP

Today will see a through the looking glass moment at Davos.

The leader of the world's largest Communist Party will take to the stage at the World Economic Forum (WEF) in the Swiss ski resort arguing for globalisation and the wonders of free trade.

Read full article China goes big in Davos - and here's why

Support for EU freedom of movement rules 'eroding'

  • 13 January 2017
  • From the section Business
UK border control Image copyright Getty Images

One of the most senior Dutch government ministers has said a fundamental EU principle, freedom of movement, needs to be radically reformed.

Deputy prime minister Lodewijk Asscher said support was falling across Europe over the way it has been implemented.

Read full article Support for EU freedom of movement rules 'eroding'

Carney warns EU on risks of Brexit

  • 11 January 2017
  • From the section Business
Mark Governor, Bank of England Governor Image copyright Reuters

Mark Carney has put his finger on one of the biggest debates developing in the City at the moment.

Brexit may hold risks for Britain - the economy and the supremacy of London as Europe's financial capital being two of them.

Read full article Carney warns EU on risks of Brexit

Could a national maximum wage work?

  • 10 January 2017
  • From the section Business
Jeremy Corbyn Image copyright Getty Images
Image caption Jeremy Corbyn has called for a high earnings cap

In 1942, Franklin D Roosevelt - not known as a Socialist radical, though he had his moments - proposed that anyone earning over $25,000 should be taxed at 100%.

Effectively, the President of the United States was calling for a high pay cap of, in today's money, just under $400,000 or £330,000.

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The Bank's 'Michael Fish' moment

  • 6 January 2017
  • From the section Business
Michael Fish presenting weather in 1989
Image caption BBC weather presenter Michael Fish reading the signs available to him

"The only function of economic forecasting," JK Galbraith once said, "is to make astrology look respectable."

With disarming honesty, the Bank of England's chief economist, Andrew Haldane, has admitted that criticisms that economic forecasts had been wrong before the financial crisis and wrong about the immediate impact of a Brexit vote were a "fair cop".

Read full article The Bank's 'Michael Fish' moment

Lord King says Brexit brings 'real opportunities'

  • 26 December 2016
  • From the section Business
Mervyn King Image copyright Getty Images

Lord King, the former governor of the Bank of England, has said that the UK should be "self-confident" about leaving the European Union.

He said there were "real opportunities" for economic reform and new trade deals which meant Brexit could be a success.

Read full article Lord King says Brexit brings 'real opportunities'

US vs China – Trump tools up

  • 22 December 2016
  • From the section Business
Donald Trump Image copyright Getty Images

When I asked the Chinese finance minister, Shi Yaobin, for his reaction to the allegation made by Donald Trump during the presidential campaign that China was "raping" America with its cheap exports I wasn't, if I'm honest, expecting a response.

Mr Shi was in Britain last month to talk about trade with Britain, not to respond to the election of a new US president who has said that China is guilty of currency manipulation - deliberately devaluing the renminbi to undercut global export prices.

Read full article US vs China – Trump tools up