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Editorial

The dawn of negative interest rates is upon us

Faced with such a widespread resistance to spend, central banks can become desperate. It used to be assumed that interest rates could not go below zero, but it is perfectly practical, though extremely bad news for the nation’s savers and makes banking more difficult

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Donald Trump has destroyed the GOP

If Trump wins in November, a new Republican Party will have been born in his image – populist, ultra nationalist and intolerant of dissent

The national debt could begin to climb again under May's government

Britain needs to invest, and “to build the education, skills, and social mobility to allow everyone to prosper from the opportunities of leaving the EU”, as she put it. Her instincts in that regard are sound. What is much more difficult to discern is how Mr Hammond will be able to fund all that