HAMISH MCRAE: The turning point in the economic cycle has been passed, from now on the direction is up By Hamish Mcrae For The Mail On Sunday Published: 22:32 BST, 20 June 2020 | Updated: 22:32 BST, 20 June 2020 The mood has changed. You can feel a bustle in the streets. Yes, we are … Read more
The Government has to let the country get moving again. The damage piles up every day that the lockdown continues – damage in personal as well as economic and financial terms. No one wants a return of the virus, which is now receding fast, so a step-by-step response makes sense. But the dithering, uncertain way … Read more
HAMISH MCRAE: Quarantine does not pass the common sense test – the Government needs to listen to the travel and tourism industry By Hamish Mcrae For The Mail On Sunday Published: 22:32 BST, 6 June 2020 | Updated: 22:32 BST, 6 June 2020 Please, please, please can we have some common sense about travel. We … Read more
HAMISH MCRAE: Despite coronavirus pandemic, well-run enterprises in solidly-growing sectors will continue to prosper By Hamish Mcrae, Financial Mail On Sunday Published: 21:58 BST, 30 May 2020 | Updated: 21:58 BST, 30 May 2020 The world is slowly scrambling back to work. The sad story of the deaths from Covid-19 continues. The debate as to … Read more
We learned two things last week about the impact of Covid-19 on the nation’s finances. One was that the increase in the national debt is likely to be larger than even the pessimists expected. The other was that it will mostly be savers who will have to take on the burden of paying it off. … Read more
London is creeping back to work, but the scars will last a while. All giant cities will be damaged, for they are centres for the entertainment and hospitality industries as well as transport hubs. So New York and Paris will be damaged too. But there are troubling reasons to suspect that the London economy may … Read more
We have to get back to work – but the Government’s plan for how we should do so will only be part of the story. The key thing here is that the speed of the recovery matters much more than the depth of the slump. Last week, the Bank of England forecast that this year … Read more
The dividend drought has begun. For people who rely on dividends for their income, either directly or indirectly through their pensions, the past three or four weeks have been a catastrophe. Share prices may have clambered back some 20 per cent from their lows of March 23, when the FTSE100 index dipped below 5,000 – … Read more
HAMISH MCRAE: We may not have coped with the coronavirus downturn very well, so now we have to manage the upturn better By Hamish Mcrae, Financial Mail On Sunday Published: 21:52 BST, 18 April 2020 | Updated: 22:28 BST, 18 April 2020 We may not have coped with the downturn very well, so now we … Read more
It is Easter – in any normal year, a time of renewal, of celebration and of hope for Christians and non-Christians alike. While these are the strangest of weeks, there is at least some good news. We can begin to see the turning point of the pandemic in several countries and glimpse the ways in … Read more