Gordon Kerr and John Butler, with Enrico Colombatto

European regulators have focused on climate change.  Specifically, the mandating of a ‘green transition’ requiring a rapid take-up of electric vehicles, ending of the sale of petrol and diesel vehicles,…

In mid-September former ECB President Mario Draghi published a 400-page report recommending changes necessary to boost the EU’s competitiveness.  Although couched in broadly positive language, the document did little to…

The recent elections in the EU, the UK, and France; what impact are the results likely to have on financial and monetary policy? Before these elections, mainstream commentators worried that…

Introduction Two years after we last reviewed the fintech sector1, three significant trends are emerging which we explore in the body of this Newsletter: Investors remain wary of the sector…

Introduction – 130 Central Banks have CBDC Projects Since we last reported on the ECB’s thinking about CBDCs1, multiple central banks have undertaken research in designing, operating and selling CBDCs.…

Introduction – the life and career of M. Jacques Delors, 1925-2023 Born in the interwar years, Jacques Delors joined France’s central bank aged 20, where he worked for seventeen years.…

Followers of US monetary policy are raising concerns about the consequences of the Federal Reserve’s efforts to reverse the 17% growth in the money supply (M21) in the two-year period…

At a dinner early in July the CEO of NatWest bank group (formerly known as RBS) Dame Allison Rose told a senior BBC journalist that the high-net-worth subsidiary of the…