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Editorial 06.11.24
Wednesday’s front pages are – unsurprisingly- about the US election, and of course, are now out of date.
The election appears to have swung to Donald Trump but the newspapers went to print long before election results started to roll in.
The FT says “America decides” as it sums up the contest in four bullet points: “High-stakes race ends”, “[Kamala] Harris and [Donald] Trump both sense victory”, “Polls point to tight result” and “Anxious world watches”.
The Metro discusses a US election “meltdown” and says the “results on a knife edge.” The paper says a computer glitch affected several ballot machines in Pennsylvania. Technicians were called in to fix them, it adds.
The i newspaper says “America votes for its future – and braces for election unrest.” The UK is reportedly preparing for six scenarios if Trump wins.
The Daily Mail features an image of Trump and his wife with the headline “Tinderbox America” on a “knife edge.” According to the paper’s experts, the result is “basically a coin toss.”
The Times “World awaits America’s fate” – the paper features a large image of both Harris and Trump.
The Guardian’s front page is dedicated to Harris the paper says “Hope … and fear” noting the contest for the White House was “hurtling towards an uncertain finish.”
“Pray for victory.. brace for chaos” reads the headline on the front page of the Daily Mirror, adding the world “holds its breath”. There are fears that “Trump will raise more hell” if he loses, the paper says.
Donald Trump has won the US election – becoming the 47th President. He will be sworn in as president after an inauguration on Monday, 20 January 2025. Trump has also
At least 36 die after bus falls into a gorge in India At least 36 people have died and 27 others injured after a bus plunged into a 50-meter-deep gorge
Protests in Israel after Netanyahu fires defence minister Protests have broken out in Israel following Prime Minister Benjamin Netanyahu’s decision to fire Defence Minister Yoav Gallant. Netanyahu cited a “crisis
Florida abortion rights measure fails A proposal to restore abortion rights in Florida is expected to fail, marking a significant setback for efforts to expand local protections for abortion access.
Killers of Ugandan Olympian sentenced to 35 years Two men have been sentenced to 35 years in prison for the murder of Ugandan Olympic athlete Benjamin Kiplagat. The 34-year-old steeplechaser
Elon Musk joins Trump during election night watch The world’s richest man planned to spend election night with Donald Trump in Florida at his Mar-a-Lago resort, he has said on
Housebuilding giant Persimmon has said it is on track to deliver around 10,500 homes for the full year following a stabilisation of the UK housing market in 2024.
Puma Confirms Targets as Sales Get Boost From Footwear
The Bank of England is expected to lower interest rates this week, while markets are betting on fewer cuts next year after forecasts suggested the new government’s first Budget will push up inflation.
Analysts predict members of the Monetary Policy Committee (MPC) will vote to cut the central bank’s base rate by a quarter-point to 4.75 per cent at their next meeting on Thursday.
Official figures last month boosted hopes of a cut as inflation fell to 1.7 per cent, its lowest level since April 2021, and stickier services inflation also dropped.
Meanwhile, data showed wage growth eased again to its lowest level in two years. Average pay growth, excluding bonuses, fell to 4.9 per cent in the three months to August, down from 5.1 per cent in the previous quarter.
Uncertainty over the US election has put portfolio risk front of mind, as investors seek to both protect themselves from volatility and ensure they are well places to take advantage of the successful candidate’s policies, says Colin Clunie
This year’s US Presidential Election, set to take place on 5 November, is predicted to be one of the tightest in history, with the incredibly close polling figures reminiscent of the previous two election cycles. While they are currently indicating a slight lead for Donald Trump in several key swing states, the race remains highly competitive. For investors craving certainty, this is a nightmare. The situation puts portfolio risk front of mind, as they seek to ensure that they are protected from potential volatility due to the result, while equally being able to take advantage of the markets depending on the successful candidate’s policies.
The very different approaches that each candidate is expected to take from a fiscal perspective are referred to in recent analysis from the Committee for a Responsible Federal Budget, a non-partisan group in Washington. This report suggests that if successful, Trump would raise US debt by twice as much as his opponent, Kamala Harris. Equally, they take very different views on areas such as green investing, where Trump is an established sceptic.
Schuh has created almost 400 jobs in its latest financial year to push its headcount past where it was before the Covid-19 pandemic struck.
The Scotland-headquartered footwear retailer employed 4,369 people at the end of its latest financial year, up from its total of 3,975 in the prior 12 months.
Until the end of its year to 3 February, 2024, Schuh had not employed more than 4,000 since the year before the pandemic.
The latest total comes after Schuh’s headcount fell as low as 3,286 in the 12 months to 29 January, 2022.
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