Chairman’s Blog

  • February 2018 - As many of you know, I have always been fascinated by China, a country that in the Middle Ages led the world in technology and then became paralysed by bureaucracy until the 20th century when ...
  • December 2018 - While Brexit will progress, it is at least beginning to become less topical, which means that business decisions are being taken and business leaders are getting on with dealing with the issues of delivery of goods and services and expanding their companies’ capacities to meet growing demand...
  • September 2017 - It’s difficult not to worry about Europe and Brexit where, on the one side twenty-seven governments, particularly when they are led by recalcitrant Brussels bureaucracy, are unlikely to be able to unanimously...
  • August 2017 - I have outlined many confusing issues, the world economy in general is chugging along nicely in spite of everything. People and businesses are getting on with running their affairs and the steady, albeit slow, growth...
  • May 2017 - In the UK, the Prime Minister sprung a completely unexpected election. On analysis, it was called for understandable reasons, however, it was a brave move. The Prime Minister’s negotiating position...
  • March 2017 - Since my thoughts at the beginning of February, which followed a few intensive days in Washington DC, nothing has happened to change my view of Trump. He is, however, proving...
  • February 2017 - The economic dislocation following the financial crisis is receding and business in general seems to have adjusted to a world of growing uncertainty on the political as well as the legislative front.  Perhaps...
  • October 2016 - For the last twenty years, we have been living in a period during which a generation has forgotten that debt has to be paid down and debt destruction, often discussed and experienced in the last century, has been forgotten about.   This ...
  • September 2016 - Like a drug, increasing QE is less and less effective.  The actions of the Bank of England post-Brexit are for this reason extremely worrying and will cause many more problems down the road for banking...
  • July 2016 - We can now say that June 23rd is a seminal moment in Great Britain’s history. The outcome of the referendum was unexpected and extraordinary. The weight of th...