Brexit: a very European fudge

Unless something very surprising indeed happens, Brexit is likely to be a massive fudge of the sort that always envelopes any negotiation involving the EU.

938_MW_P03_Editors-Letter

Philip Hammond: dangling carrots
(Image credit: 2017 Getty Images)

When Philip Hammond made his first few budget speeches as chancellor, he promised that in stark contrast to his showy predecessor, George Osborne he would return to having one big budget speech a year in autumn, with the spring edition reverting to being little more than a quick progress report.

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John Stepek

John Stepek is a senior reporter at Bloomberg News and a former editor of MoneyWeek magazine. He graduated from Strathclyde University with a degree in psychology in 1996 and has always been fascinated by the gap between the way the market works in theory and the way it works in practice, and by how our deep-rooted instincts work against our best interests as investors.

He started out in journalism by writing articles about the specific business challenges facing family firms. In 2003, he took a job on the finance desk of Teletext, where he spent two years covering the markets and breaking financial news.

His work has been published in Families in Business, Shares magazine, Spear's Magazine, The Sunday Times, and The Spectator among others. He has also appeared as an expert commentator on BBC Radio 4's Today programme, BBC Radio Scotland, Newsnight, Daily Politics and Bloomberg. His first book, on contrarian investing, The Sceptical Investor, was released in March 2019. You can follow John on Twitter at @john_stepek.