Here is an idiotic question for an England football fan this summer. Which would they prefer winning? The World Cup itself? Or the FIFA Fair Play Trophy, awarded to the side with the best disciplinary record during the tournament? The answer: it might be nice if England plays decently, but all of us would hugely […]
London is the undisputed capital of global currency markets, with around 38% of global foreign-exchange trading taking place in the UK. But the infrastructure of money is evolving. Stablecoins, digital forms of traditional currencies, are rapidly becoming an important part of global finance. One of the largest issuers, Circle’s USDC, processed $8.4 trillion in transactions in January […]
Something is going very wrong in European football. The sport has never been richer, yet it has rarely felt flatter. The great promise of football – its unpredictability, its capacity for genuine surprise – is eroding before our eyes. Every year, a handful of ‘superclubs’ hoover up the most promising players, dominate domestic leagues, collect […]
While peace proposals are circulating to end this ruinous conflict, any deal that results in a lasting peace will need to ensure Ukraine is economically and militarily strong enough to resist future Russian aggression. That requires money – lots of it – to rebuild shattered infrastructure and maintain a technologically advanced military. The obvious source […]
Our staff and contributors have rounded up some of their favourite works of the year, and whether you’re after a history of English poetry or a sleazy Frenchman’s account of a trip to Lanzarote, there’s something for everyone in CapX’s Books of 2025. Robert Colvile, CapX Editor-in-Chief Since we’ve all had enough of politics at […]
Labour have promised to grow the economy and make Britain more competitive. But one of the things that growth depends on – fast and reliable mobile signal – is being quietly undermined by a law most people have never heard of. Unless ministers act soon, the plan to bring 5G to every part of the […]
Europe is in steep structural economic decline. The decline is now so embedded that Europe is at a crossroads. Either she rediscovers her dynamism, or the continent faces increasing global marginalisation and a relative fall in living standards. Just a generation ago, the European Union accounted for almost a quarter of global GDP on a […]
Although competing rumours have been circulating throughout the summer, no one knew what to really expect from the Bloquons-Tout! (‘Let’s Block Everything!’) day of action announced on social media throughout France for September 10. Was this the resurfacing of the gilets jaunes movement, which frightened the country and then faded into the pandemic of 2020? […]
Angela Rayner’s resignation has left Britain’s housing ambitions at a crossroads. Her successor, Steve Reed, inherits a sector already in steep decline and faces an urgent choice: change course, or risk Labour’s central pledge of 1.5 million new homes slipping out of reach before the first brick is laid. The urgency could not be clearer. […]
For more than three years, Ukraine has been ravaged by the bloodiest conflict on the European continent since the Second World War. The outcome of this war will have significant ramifications for the security of all Europeans, yet we are not even at the negotiating table. We are relegated to the status of helpless bystanders, […]
Norway’s sovereign wealth fund has long stood out as an economic marvel. Over the course of 35 years, the country’s chief investment vehicle has channelled surplus oil and gas revenues into an extensive portfolio, to date valued at a staggering £1.5 trillion. Not bad for a country with a population twelve times smaller than Britain’s. […]
Keir Starmer is apparently drawing up plans for a second planning bill to follow his Government’s flagship legislation, currently stuck in the Lords. That’s a welcome recognition that the current strategy isn’t working. The latest figures on planning applications show that Labour will fall a staggering 480,000 properties short of its promise to build 1.5 […]
Labour are extending the franchise to 16- and 17-year-olds. It may have been a manifesto promise, but in the current context it’s hard to see it as anything other than gerrymandering. Behind in the polls and facing ever mounting political pressure, they have resorted to unabashed cynicism to boost their electoral chances. No taxation without […]
Mansion House speeches have taken on a grimily predictable format in recent years: heavy on promises, but short on tangible deregulation. This year’s speech by Chancellor Rachel Reeves was no exception. It was full of praise for the financial services sector, and repeated the Government’s commitment to regulate for growth, but ultimately offered little more […]
London Tech Week arrived with optimism and bold declarations. Prime Minister Keir Starmer promised £1 billion to scale the UK’s compute capacity for artificial intelligence. Meanwhile, Nvidia’s CEO, Jensen Huang, praised the UK’s research credentials and private investment, declaring our AI ecosystem ‘perfect for take-off’. His only concern? The absence of sufficient computing infrastructure. It […]
Drills smash through rock. Machines hiss in the heat. A child cries out, clutching his hand after burning it on the metal casing of a generator. These are the sounds of the Democratic Republic of Congo (DRC). In the mines of the DRC, you are a long way from the tranquility of the African savanna […]
Last week, NHS GPs began prescribing Mounjaro for weight loss for the first time. But for many people reaching out to their doctor, the response is likely to be disappointing – the NHS has made it clear that the drug will only be available to those who meet a strict set of criteria. The public […]
In politics, as in life, good intentions aren’t enough – it is outcomes that matter. While Labour’s goal of building 1.5 million new homes and improving Britain’s infrastructure is commendable, their proposed changes to inheritance tax on top of the recent rise in National Insurance could undermine the very businesses needed to achieve these objectives. […]
Children gather in a school courtyard for their morning assembly. The sun beams on their young faces, as they form orderly rows. They are resplendent in their crisp, white uniforms. That’s where their innocence ends. It was stripped from them by Shia extremists. ‘We wait for you, Oh Imam, come back to us again,’ the […]
In 1995, when assisted dying was briefly legalised in the Northern Territories of Australia, Dr Philip Nitschke created a suicide machine named ‘Deliverance’ by linking up his laptop to a syringe of deadly chemicals. This ‘suicide machine’ became a source of immediate controversy when displayed as an icon of contemporary medicine at the Science Museum […]
