Inflation is here to stay, with rising prices and a “cost of living crisis” at the top of the economic, political, and social agenda. The central banks and monetary policy have again come under the spotlight. While the issues change, the debate over how monetary and financial stability can best be sustained abides, Twenty-First Century…
The ex-wife of Business tycoon Sir Frederick Hugh Barclay, former co-owner of The Ritz hotel of London, has called on Sir Jonathan Cohen, a judge to jail him, for contempt of court for reneging on the divorce settlement, in a written statement saying “ He has no respect for me or the court. His aim…
The International Monetary Fund and the Organisation for Economic Co-operation and Development, which has 38 member countries said the World is going towards the worst recession and the UK growth would be only 0.5 per cent in 2023, the future gloomy growth forecast. The Economic Central Bank forum that the UK economy is The UK’s…
What happens when there is a recession and an impeding cost of living crisis amid the Ukraine war, the wealthy buyers sought to take shield themselves from economic turmoil by investing in traditional bricks and mortar in Chelsea, Belgravia, Kensington, St John’s Wood, Mayfair, and Knightsbridge, instead of investment in equities or bonds. The sellers…
Britain voted to leave the EU, in 2016, according to a YouGov poll last month 54 per cent of UK adults think Brexit has gone badly, and only 16 per cent think it is going well. David McRaney, a science journalist, self-delusion expert, psychology nerd, and one of our greatest thinkers on reasoning, used…
Private equity was once an investment niche, but today the wealth controlled by its leading firms surpasses the GDP of some nations. Private equity has overtaken investment banking- and well-known names like Goldman Sachs and Morgan Stanley as the premier destination for ambitious financial talent, as well as the investment dollars of some of the…
Top Gun star Tom Cruise (61) with his smile and his trademark aviator sunglasses was spotted at RAF Fairford to watch the air show displays at the Royal International Air Tattoo (RIAT) on Saturday. Paul Atherton, CEO of the RAF Charitable Trust Enterprises said: ”Tom’s visit is something we have been trying really hard to…
A journey tracing the American mall from its 1950s heyday to its faltering present. Brought up in a hothouse underground bunker complex for kids with telekinetic powers, Eleven buzzes the neon pastel Starcourt mall with her new friend Max, who inducts her into the execution of US consumerism. The mall in which it was filmed,…
Disney CEO Bob Chapek has been one of the most vocal entertainment industry chiefs about the possibilities of Metaverse as a part of the canvas for creatives, which first emerged as a concept in the imagination of science fiction writers. Although everybody seems to be talking about Metaverse, no one can agree on what the…
Ex-Conservative party chair, Chris Patton the last British governor of Hong Kong who served governor cover from 1992 to 1997, visited a psychiatric hospital where he was accosted by a patient demanding “Why your democracy is handing Hong Kong, a fine and free city, over to a communist society without ever having consulted the 7.5…