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We should at least be alive to the risks of a reckoning

Equities investors seem unfazed by the risk that tariffs and tax cuts will push up inflation and deficits. But fears are rising

Economists debate whether the real interest rate seen as key to balancing economies has risen from pre-Covid lows

Also in this newsletter: companies struggle to prepare for environmental reporting rules

The cancer support centres now help more than 300,000 people every year. Fiona Golfar is one of them

Also in this week’s newsletter: why 2019 Tory working class voters are switching to Reform

Some lessons from early agentic adopters; plus DEI crisis latest and a book giveaway

And if a European CBDC doesn’t break a few, what’s the point?

And the S&P 500 as one giant carry trade

Also in this newsletter: Has the EU become an institutional ‘monster’?