It is bound to raise eyebrows from analysts and investors when a long-term value investor like Warren Buffet unloads Berkshire Hathaway’s entire stake in the five largest US airlines (Delta, Southwest, United, and American Airlines). It signals an all but total loss of confidence in the airline industry. Airbus chief (...)
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For the more libertarian among us, not least economic libertarians, the lifting of the lockdown cannot come quickly enough. Others are either fearful of the consequences of moving too rapidly or perhaps enjoying the restrictions rather too much. Yet again there are those fearful of the economic consequences of the (...)
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The World Bank issued a warning recently claiming that the impact of COVID19 will have a disproportionate impact on the most vulnerable in lower-income countries throughout South America and the Caribbean. Martín Rama, World Bank Chief Economist for the Latin America said that, “Governments across Latin America and the (...)
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Lord Adonis has called for the chief executive of Tesco to resign. He argues that Tesco is using £585m of state aid in business rates relief to pay its shareholders a dividend of £635m. This is exactly the sort of false linkage that damages the case for ethical business. (...)
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There are beacons of light in this otherwise barren landscape that the West is going through. Yet they’re coming from places you might have not initially expected. Business has mobilised on an unprecedented scale to alleviate the fallout from the COVID-19 crisis – and it has done so voluntarily. (...)
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Steve Morris FRSA grew up in a family business. He argues that the model could provide some answers as we look at the future of capitalism. The experience of growing up in a family business shaped my life, although I didn’t realise it at the time. I learned so much (...)
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What constitutes a good business and what is the purpose of business are longer-term questions of interest that generate a great deal of debate and observation and upon which CEME will be publishing a fuller reflection later in the year. The COVID-19 crisis has brought to the fore multiple (...)
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This article was first published by Christian Today on 18 September 2019. It is a good question and thankfully it is one that Edward Carter has been wrestling with. I’m just back from a talk he gave to launch his book God and Competition and I’m buzzing with ideas and questions. For (...)
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A great title from Grant Thornton. Several hundred people came together to celebrate the vibrancy of London and its economy and to look to the future. The CEO of Grant Thornton, Sacha Romanovitch, introduced the occasion reminding us of the central place the London occupies in the world economy, yet (...)
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By most accounts the biggest business story of the week was Facebook’s Senate Enquiry on the issue of privacy and internal practices. I will keep things brief, but I do believe that there are some highlights and concluding thoughts that can be made from the ten-hour, two-day affair. For (...)
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I write in defence of Her Majesty’s Customs and Revenue! Intellectually I believe in tax incentives, a low tax economy, flexibility and so on. These, however, are matters of debate and policy upon which individuals may legitimately differ. Once a policy is set it is surely both reasonable and (...)
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