
Jeremy Warner
Columnist and Associate Editor at The Telegraph
Associate Editor, The Daily Telegraph; columnist on the international and UK economies, finance, and business
Articles
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1 day ago |
telegraph.co.uk | Jeremy Warner
To some European leaders, this may come as a bit of a disappointment. They'd hoped to claim the mantle that Trump seemed so determined to throw away, and topple the dollar as the world's pre-eminent reserve currency. For them, Trump's economic self-harm seemed like an opportunity. Much of the capital that flooded out of the US in the wake of April 2 liberation day found its way into euro-denominated assets. There may also have been some central bank reweighting of reserves to euro assets.
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5 days ago |
telegraph.co.uk | Jeremy Warner
Even so, we should be thankful for small mercies, for the truth of the matter is that Trump's bark has once again proven worse than his bite. This is what people generally assumed would be the case when Mr Trump was elected last November, but then on April 2 - so-called "liberation day" - he unleashed the hounds of hell with a set of tariff proposals that sent financial markets into a tailspin.
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1 week ago |
telegraph.co.uk | Jeremy Warner
It would indeed be nothing short of miraculous should such a threshold ever be reached. As Lord Moynihan, one of the speakers in the Lords debate, pointed out, 36pc is pretty much the maximum the UK economy will tolerate before increased taxation undermines growth and becomes counter-productive. Actually, I would put the level at no more than 33pc before the law of diminishing returns sets in.
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1 week ago |
telegraph.co.uk | Jeremy Warner
Britain is broken, but it is also essentially bankrupt. If it were as easy as Reform makes out, does it not seem likely that it would already have been tried? There is a good reason that no other party has promised to eliminate all NHS waiting lists within two years, and that's because the NHS has never managed the feat of wiping out waiting lists in its entire history, never mind eliminating them in just two years.
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1 week ago |
telegraph.co.uk | Jeremy Warner
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Agree with much of this, but think that youth mobility is essential to avoid creating a middle class apartheid where those with some kind of spurious Irish or Continental ancestry are free to work wherever they like in Europe, but the rest are not. https://t.co/buZE2N5aj1

RT @Frencheconomics: A Spitfire in front of St Paul’s… and rumours of a UK-US trade deal, and a likely interest rate cut at lunchtime. What…

Rachel Reeves is utterly trapped by the winter fuel row. It may yet finish her off . My column https://t.co/6SfYbwFnOQ