Pulse: UK & Ireland


What Brexit and Trump’s Victory have in Common

Many facile comparisons have been made between Brexit and the election of Donald Trump today.

They have an important element in common. But the commentators have missed it.

It is said that both represent a backlash against globalisation. Others say it is a revolt of the uneducated, the marginalised, the people who have been left behind.  Others  emphasise the reaction against excessive immigration: “We want our country back”.

The Economist's FinTech

This week's issue of The Economist mentions FinTech as a factor in two economic trends in financial services and their relationship to technology: falling revenues for investment banks and shifting power for the City of London.