Mask-off outbursts by Maga insiders and most strikingly, the destruction and reconstruction of the presidential seat, with a huge new $300m ballroom, means Trump isn’t planning to leave the White House when his term ends, writes LINDA PENTZ GUNTER
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Why are the big banks so keen on British single market membership?
Financiers are worried about their continued ability to control EU markets they do not have ordinary peoples best interests at heart, writes JOHN FOSTER
BEN CHACKO speaks with Knesset member OFER CASSIF about rising political violence, the prospects for peace and his continuous ‘silencing by suspension’
The City is leaning on Rachel Reeves to cut welfare spending — when what’s needed is cuts to all the benefits given to the mega rich, corporations and banks to help them not pay or blatantly dodge their fair share of tax, explains BERNIE EVANS
The choice between two Blairites to revamp the tepid centrism of our ruling party doesn’t even come as cold comfort as we wander the city streets suffering from their third decade of austerity and the fifth of wage stagnation, writes MATT KERR
ANN HENDERSON looks at the trailblazers of the Women’s Trade Union League and their successful fight for female factory inspectors — a battle that echoes in today’s workplace campaigns
HENRY FOWLER puts the strike of public-sector workers in New Zealand in the wider context of deteriorating employment conditions throughout the world’s major economies
MAT COWARD looks back at a protest 105 years ago this month, whose reporting by the media bears uncomfortable similarities with demos today
LAST week Goldman Sachs chief executive Lloyd Blankfein tweeted that it may be necessary for Britain to hold a second referendum on the EU. Too many CEOs, he claimed, “are not happy” with the result.
What is Goldman Sachs? It is the United States’ biggest investment bank. It is also the EU’s.
Last year Goldman Sachs handled 33 per cent of all EU mergers and acquisitions. Together with JP Morgan and Morgan Stanley, these three US banks handled 80 per cent of all company mergers and acquisitions in the EU. They also dominate most other financial services. They do so from London.
These banks are now worried about their continued ability to control EU markets from their still partly deregulated base in the City. They want to continue in London. But they want Britain to remain within the EU single market. Hence the pressure being placed on all political parties to modify their position in favour of single market membership.
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