World

Trump win, Tesco Bank, RBS and payday loans

There’s really only one story this morning – and the markets agree. After Donald Trump beat Hillary Clinton to become the next President of the US, global markets are in chaos, the dollar has plummeted and, as widely predicted in the event of a Trump win, gold prices have soared. UK stocks mirrored their US counterparts and the FTSE 100 index was down about 0.5 per cent to 6,812 in the first hour of opening. Other major European stock markets are also lower. However, according to the BBC, neither markets nor currencies have swung as wildly as they did after June’s Brexit vote. The pound has strengthened against the dollar, rising 0.3 per cent

Hillary Clinton concedes to Donald Trump – ‘he must be given a chance to lead’

Donald Trump has been elected president of the United States. Hillary Clinton conceded defeat, telling supporters that Trump must be given a ‘chance to lead’ Barack Obama urged Americans to remember that ‘ultimately we are all on the same team’ Theresa May congratulated Donald Trump and said she looked forward to working with him. Russian President Vladimir Putin said his country was willing to ‘do everything to return Russian and American relations to a stable path of development’. A different tone was struck by German Chancellor, Angela Merkel, who reminded Trump of the country’s shared values of ‘democracy, freedom and respect for the law’. Chinese President Xi Jinping said he placed ‘great importance

Will millennials forgive Hillary Clinton for Bernie Sanders’ defeat?

In recent rallies for Hillary Clinton, Jay-Z, Beyonce and Lady Gaga have all lent their celebrity clout to the embattled Secretary of State. As a candidate somewhat lacking in the charisma of her predecessor Barack Obama, she needs all the help she can get. She hasn’t just courted female and minority voters; she has focused on offering a message empowerment to millennials, who feel left out of an American economy they believe only caters to the top 1 per cent.  Clinton understood that reaching more young voters would be a key to her victory. This younger subset is comprised of people born between the early 1980s and the early 2000s, but neither candidate has

Steerpike

Caption contest: Who’s ‘X’?

Spare a thought for Donald Trump. For weeks now, the Republican candidate has been suggesting the US voting system is rigged. Now it seems his trust issues have spread to those closest to him. In a photo from Trump’s visit to the polling station today, the presidential hopeful appears to be taking a peek at his wife Melania’s ballot slip. Given that Melania has been accused of plagiarising Michelle Obama’s speeches in the course of the campaign, could Trump be worried she is a secret Democrat? Mr S welcomes your caption suggestions — the winner will be revealed on Thursday. Update: The winner is ‘DaHitman’ with the caption ‘Who’s “X”?’

Fraser Nelson

Why do the polls make anyone confident that Donald Trump will lose?

Today’s reports about the confident noises coming from Hillary Clinton’s camp made me think about the reports I picked up about how confident David Cameron was about the EU referendum on voting day. We later found out, his pollster Andrew Cooper had research from his firm, Populus, predicting a ten-point victory. The MPs I spoke to, who had been out campaigning in the field, seemed to agree: after all this fuss, Brexit would all blow over. By lunchtime on polling day, the bookmakers put the odds of Leave at 15pc; they would later sink to 7pc. The noises that I picked up – that noises pretty much everyone in my trade

Freddy Gray

Has Hillary Clinton already got it in the bag?

Washington, DC Unless something crazy is happening — and of course, 2016 is the year of crazy — Hillary Clinton is going to win tonight. ‘Hillary’s got this,’ I heard a former White House staffer say this morning, with breezy confidence. ‘We had a fright last week, but it’s better now.’ That is the shared view of experts and the pollsters here in Washington DC and abroad. From Washington, Freddy Gray and Marcus Roberts discuss whether Clinton has it in the bag The level of early voting, the huge surge in Hispanic turnout, and a late uptick in black voters all seem like good news for the Democrats. In nearby

The change to Toblerone bars is an act of desecration

When the history of capitalism is written, November 8 2016 will deserve a footnote. No, not the date the 45th president of the United States was elected, but the day Mondelez, the giant US confectionery company, changed the shape of the Toblerone bar. This may sound hyperbolic. But the altering of Toblerone’s distinctive silhouette is the latest act of vandalism perpetrated by Mondelez on its stable of chocolate bars, and symptomatic of a wider malaise within some of the great consumer companies operating within Britain, many of which seem hell-bent on destroying the very foundations of what made them such enviable profit-making machines in the first place. First, Toblerone. It

Steerpike

Jeremy Corbyn’s brother gets behind Tommy Robinson and Donald Trump

With the US presidential result now less than 24 hours away, tensions are high both across the pond and in the UK. So, perhaps that’s why Jeremy Corbyn’s brother Piers has stepped his campaign against Hillary Clinton up a notch this morning. Although Piers has previously insisted he is not endorsing Donald Trump despite his condemnation of Clinton, his Twitter feed this morning suggests otherwise. In one entry, Corbyn has retweeted none other than Tommy Robinson — the former English Defence League leader and former BNP member: Alas Mr S suspects Pier’s brother won’t be so impressed at his antics — with Jezza previously not taking Robinson up on an offer to

Tom Goodenough

‘Vote for the one you dislike least’: What the US papers are saying on election day

Americans will finally head to the polls today after one of the most fractious Presidential contests in the country’s history. Donald Trump and Hillary Clinton have been criss-crossing the US overnight in a final dash for votes. But how has their last-ditch campaigning gone down with the American press? Here’s what the US newspapers are saying about the election: Hillary Clinton stuck with her message of sunny optimism while Donald Trump opted for a dose of darkness on the final leg of their campaigns, the New York Times said. But the paper said that while the candidates were largely trying to repeat the messages they’ve parroted all along, Trump sounded uncharacteristically

Trump vs Clinton: What to watch out for on election night

The most divisive American election in living memory is almost over. By the end of the day an estimated 130 million people will have cast their ballots and we will be well on the way to knowing which candidate has done enough to win the necessary 270 electoral college votes. Here are the key things to watch today and through the night: Polling conduct – the first test will be whether or not voting is trouble free. It might be tempting to assume American democracy is the sort of well-developed exercise that has banished fraud. Not so. Democrats have complained of intimidation during early polling, both sides have filed complaints

Would Donald Trump build a wall along the Canadian border?

We’ve heard a lot about what a Trump victory tomorrow night means for Mexico, little of which seems good. He’s accused Mexicans of bringing ‘drugs, crime and rapists’ to the US, and the less said about his famous wall, the better. Yet for all the fighting talk aimed at Mexico, it’s not so clear what President Trump would do about America’s neighbours to the north. With Trump and Clinton now almost neck-and-neck in the polls, many Canadians are waking up to the thought of a Trump win. And people in Canada are starting to think – and panic – about how the Donald’s presidency would shape relations. It’s fair to

Ed West

Liberal ideology created Donald Trump

Dear Democrat voters, You are probably the most influential and powerful segment of the human race today. In terms of cultural reach, you are supreme; politically you are masters of the universe; you have the ability to shape our world for good or evil, and for most of the past century you and your forebears have done a pretty good job of it. I’m addressing this to Democrats in particular because in the US, as in Britain, liberalism is the prestige faith; the ratio of Democrats to Republicans in American academia is now five to one, and up to forty to one in some social sciences. Eight of the ten richest

Nick Hilton

Will the immigrant vote risk everything to take on Donald Trump?

Since 1996, federal law has prevented non-citizen US residents, like myself, from voting in elections. We pay taxes, hold down jobs and own property, but don’t get a say in the leadership of the nation. This isn’t uncommon: in the UK, only Irish and Commonwealth citizens get to vote in the general election, on top of those already qualifying as British. But in the US, the discourse is polarised between citizens and illegal immigrants, with little discussion spared for the people caught somewhere in the middle. And with just a day left in the race, President Obama has created another small furore – in certain circles – with his ambiguous

Donald Trump has trashed his brand. Will it pay off?

The finger pointers began coming to Trump Tower in 2004. Donald Trump was making the transition from property mogul to TV celebrity in The Apprentice, and fans would head to his iconic skyscraper on Manhattan’s Fifth Avenue. There they would point an index finger at the 58-storey tower (where the top floor is labelled 68) and shout his catchphrase, ‘You’re fired.’ Fast forward twelve years to America’s most polarising and bitter election and the pointers are still coming. It’s just that the proffered finger is no longer the index and the sentiment is rather less good-natured. Stand on the pavement outside the golden entrance to 725 Fifth Avenue – where protesters and supporters

Freddy Gray

Ten handy phrases for bluffing your way through US election night

What can you say about Donald Trump or Hillary Clinton that hasn’t been said a million times? The 2016 election has been more discussed than perhaps any other, and people are disturbingly well-informed, so bluffers might regard Tuesday night with apprehension. Never fear, though, America is still the land of opportunity as far as blagging is concerned, and American politics lends itself to BS like nothing else. So here, to get you started, are ten handy phrases for bluffing your way through election night 1. I’m sorry, but Trump isn’t Brexit and Brexit isn’t Trump. At some point in a conversation about Trumpism, somebody is bound to make the Brexit comparison,

Steerpike

Donald Trump finds a Hollywood backer

It’s safe to say that when it comes to the US presidential election, it’s Hillary Clinton who has Hollywood on side. The Democrat candidate has been endorsed by everyone from Madonna to Meryl Streep to Katy Perry, while a multitude of luvvies have spoken out against her Republican rival. However, Donald Trump can take heart that at least one Tinseltown great is getting behind his campaign. As polling day draws near across the pond, Tippi Hedren has come out in support of the Republican candidate. Confessing her love for Trump in the Sunday Times, the Birds actress, 86, says she adores him and thinks he would do a ‘great job’:

Eight reasons to get rid of the state pension triple lock

A parliamentary committee has concluded that the triple lock on the state pension has to go because it is “unsustainable” and “unfair” on younger families. The pledge means that each year, parts of the state pension will be increased by either inflation, earnings or 2.5pc – whichever is the higher. When I served as pensions minister, my experience led me to believe a double lock would be better. Here’s why:- Triple lock has been used by politicians and Government to cover up pension policy failures: I discovered, as a Minister, that when people raised problems about any aspect of pensions policy, the official reply was that the Government had the triple lock. That

Freddy Gray

What would happen to the conspiracy theories if Donald Trump won?

It’s all fixed! Julian Assange, Infowars, Russia Today, millions of Internet users, and even Trump himself are convinced that ‘the powers that be’ will ensure Hillary is the next US president. The globalists will cheat democracy to maintain the status quo. Obviously. Or as Assange put it, Trump ‘won’t be allowed to win’. But what if ‘the system’ turned out not to be rigged, and we have a President Donald J Trump in January? It would come as a nasty shock to many Trump fans. The Trumpist movement would in a way be robbed of its purpose. The populist right would celebrate a victory for people power — similar to