Jamie Dimon

London house prices face perfect storm as Brexit risks rise

The UK goes to the polls on 8 June in a surprise General Election.  And premier Theresa May has clearly decided to base her campaign on a ”Who governs Britain?” platform, as she highlighted when launching her campaign last week: “Britain’s negotiating position in Europe has been misrepresented in the continental press, the European Commission’s stance […]

UK consumers face difficult times as Brexit unwinds the housing bubble, and financial services de-cluster out of London

Brexit negotiations are likely to prove a very uncomfortable ride for UK consumers as Russell Napier of Eric, the online research platform, warned last week: □  ”Public sector debt remains at near-historic highs (in peace time!) and for the first time this public sector debt comes with a private sector bubble □  Credit card debt […]

The unacceptable face of banking

Banks are essential in any modern society. Their role is two-fold:

• To take in deposits from companies and individuals
• To lend out this money prudently to other companies and individuals

Both are difficult roles to fulfil. Banking therefore …