Lionel Barber was Editor of the Financial Times from 2005-2020.
Goldman Sachs inspires awe and envy in equal measure. Those who survive the Wall Street investment bank’s annual cull earn fortunes. Leavers join an alumni network that makes the Freemasons look like plodders. The “Government Sachs” roll call includes prime ministers (Mark Carney, Mario Draghi, Rishi Sunak and Australia’s Malcolm Turnbull); US Treasury secretaries (Robert
From our UK edition
The tale of Credit Suisse ought to be Buddenbrooks on steroids. A staid Swiss lender enters marriage with a racy Wall Street investment bank and gives birth to a monster. Scandal follows scandal. CEOs come and go. In March 2023, the bank ends up being flogged to its arch rival UBS for a miserly $3
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As the second anniversary of Russia’s full-scale invasion of Ukraine approaches, the fall of the key eastern city of Avdiivka is one more sign that Vladimir Putin holds the initiative. Ukrainian troops resisted the Russian forces for months, but the threat of encirclement forced Ukraine’s new army chief, Oleksandr Syrskyi, to retreat. The Russians were
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Liz Truss is now prime minister in name only: Jeremy Hunt, her chancellor of the exchequer, now holds power. He has repudiated her tax-cutting mini-Budget in a round of media appearances – his performances being far more convincing than Truss’s graceless eight-minute press conference on Friday. His admission that spending cuts will be needed and
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Conventional wisdom dictates that Vladimir Putin has ‘miscalculated’ in his invasion of Ukraine. His blitzkrieg has been poorly executed. He has reinvigorated the Nato alliance and the EU and triggered heavy sanctions. And he has lost the ‘information war’ to Volodymyr Zelensky, the TV comedian turned global hero. But what if the West has ‘miscalculated’
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33 min listen
In this week’s episode: Just who is protesting new Covid rules in Europe? In The Spectator this week we have three articles that cover the riots and protests all over Europe about new covid policies. Two of them report the scene on the ground in different countries. Lionel Barber and Nick Farrell write respectively about
From our UK edition
Amsterdam These are dangerous times in the Netherlands. Anti-lockdown mobs have torched cars, thrown rocks and attacked the police. In Rotterdam, police used live fire, in scenes more reminiscent of New York or LA than the birthplace of Erasmus. The protests are ostensibly in response to government plans to restrict the use of indoor
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The British romance with Germany has always been an on-off affair. At the turn of the century, Kaiser Bill enjoyed brief popularity, based on dynastic ties, until his bombastic militarism set Germany on a path to war. Thirty years on, as Tim Bouverie reminds us in his book Appeasing Hitler, many in the English ruling
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The world as we have known it for the past 40 years has come to a stop. We have a supply chain crisis, a demand crisis, a labour market crisis and an oil price crisis. The second crash that people were long predicting has arrived — but against the backdrop of the Covid-19 threat, it
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40 min listen
On the podcast this week, we take a look at the exceptional nature of ‘coronomics’ and what comes after (00:55), how the Swedish are dealing with coronavirus differently (18:50), and lessons in solitude from a polar explorer (31:15).
