Industrial exports are the engine of developed economies. Ours has stalled

Brexit-related recession looks ever more likely, and with their poor investment levels, UK firms are worse-placed than many to withstand the shockDowning Street must add the likelihood of a UK recession to its list of possible scenarios after official …

Read more

Life is hard for retailers. But Sports Direct is in a crisis of Ashley’s own making

Government action is needed to preserve Britain’s high streets. But no law can protect a company from unrestrained ambitionEven by Mike Ashley’s standards, Sport’s Direct’s annual results statement on Friday was an extraordinary performance. The idiosy…

Read more

Little hope for a summer bounce as no-deal fears drag down GDP growth

The economy expanded just 0.3% in May, and a slump awaitsOne swallow doesn’t make a summer, so the old saying goes. For the warm middle months of the year, the British economy looked remarkably frosty, chilled by fears over a no-deal Brexit, until the …

Read more