There has been a marked swing in business sentiment with regard to the UK market. Many believe, like Patrick Coveney, the chief executive of Greencore, that political certainty and stability is slowly returning despite the looming UK general election on December 12.
Leafing through the Bumper Book of City Swear Words, it is sometimes easy to forget how those well-thumbed pages, with their dubious-looking smudges and deeply ingrained tearstains, got so grubby. It is a body of work that has, on the whole, not been needed much of late, as City have cantered through season after season of gentle trophy gathering.
The Brexit crisis could be cooled somewhat if the EU and UK were to immediately extend a transit or connectivity accord beyond its expiry date at the end of December, the head of the Irish hauliers business group has said.
The Government is being urged to keep its nerve and roll out its spending plans on roads, public transport, businesses, and education, to meet the threats of Brexit, trade wars, and the reforms of global tax regimes (which could undermine the country’s corporation tax).
Global shares rose on the belief more central banks will be forced to cut interest rates to shelter the global economy from the trade wars, but crash-out Brexit fears weighed heavily on sterling.
Labour MP Hilary Benn, the chairman of the UK parliament’s Brexit committee, told BBC radio last week that “there are only two ways out of the Brexit crisis that we’ve got: Either parliament agrees a deal or we go back to the British people and ask them to make the choice”.
When Heung Min Son smashed home the only goal of a dramatic game, to give Spurs a precious 1-0 lead to take to Manchester next week, the roar that erupted in their magnificent new stadium would have been heard loud and clear five kilometres down the Seven Sisters Road, deep in the heart of Arsenal territory.