US Treasury Secretary Scott Bessent's appearance before bankers at the Willard Hotel, which hosted an 1861 peace congress to try to avert a war between states, needed a video feed as it was so oversubscribed. The big hope among those gathered here is that Bessent is for real and is able to moderate the social media flow from his boss President Trump. ...read
We should be grateful for small mercies. Rachel Reeves, at her second International Monetary Fund gathering as Chancellor, did not come empty-handed. It has been embarrassing that Britain, which has been a beacon of free trade and open markets, cravenly accepted that there was no point in antagonising an irascible White House by resisting Donald Trump's tariff war on friends and foes. ...read
Donald Trump has presided over an economic downturn that is reviving memories of the Great Depression. And the current 'Trump Slump' was given added impetus yesterday by the publication of the International Monetary Fund's latest report. Unless the US president sees sense, his decisions will continue putting all of our savings at risk. ...read
Due to a misunderstanding, a MoneyMail feature on 26 February about Karen and Neil Evans included information about their finances and living arrangements.
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