Bring back Nancy

The bank was having Transgender Visibility Day when I popped in to deposit some cash.The stressed-looking customers, meanwhile, seemed mostly like they were having Affluence Invisibility Day. One woman was complaining bitterly that £4,000 had been transferred to the wrong place and the bank wouldn’t give it back. I put my hand on the cash in my purse and stroked it a little. I’m amazed we are still allowed to keep cash. I’m sure they would have liked to have got rid of it by now. Thankfully, I had some so I could put it in my account to stave off overdraft text alerts because nothing else had gone through

Britain should now brace itself for a barrage of Brussels red tape

Should we be worried that the UK didn’t get all that it wanted for financial services in the UK-EU Trade deal, as the PM mentioned to the Sunday Telegraph? Financial services are our biggest export industry by some margin, including to the EU, as well as (arguably) our biggest taxpayer, so anything that hampers it could have serious economic repercussions. The EU for its part has said that it will consider in its own time if it will grant ‘equivalence’ to UK financial services, making it easier for UK based institutions to serve customers in the EU, and will only do so if it is in the EU’s interest. The

At least some of the Chancellor’s promises are actually working

The phrase ‘sharing economy’ was coined a decade or so ago to describe collaborative new business models made possible by the internet, from Airbnb and Uber to crowdfunding, peer-to-peer lending and skill bartering sites. It was about ways of monetising assets, circulating capital and earning casual livings that boosted economic activity after the ‘great recession’ and it will be a hive of creativity in the next recovery — even though its partner is the ‘gig economy’ whose insecurity has left so many people in hardship now. But I want to propose a more urgent purpose for the same phrase: to describe how every business should share the impact of the