Media commentary, journalism, and political opinion by Kelvin MacKenzie
Banks pass tax increase onto mortgages but not savings, Kelvin MacKenzie argues
Kelvin MacKenzie described how banks, particularly Lloyds and Barclays, responded rapidly to a recent increase in the bank tax by raising mortgage rates by 0.25 percentage points, while not ...
Kelvin MacKenzie: $200 billion loss after AI boss scandal described as most expensive affair
Kelvin MacKenzie commented that a recent scandal involving an AI boss and a Chinese woman resulted in $200 billion being knocked off the company’s share price. MacKenzie described it as ...
Rory Campbell starts new venture while on bail, Kelvin MacKenzie notes
Fifty investors reportedly lost £5 million in a betting syndicate run by Rory Campbell, the son of Alastair Campbell, according to Kelvin MacKenzie. MacKenzie said Campbell, who is 38 years old ...
Kelvin MacKenzie: Barclays expects U.K. unemployment to rise to 2.1 million
Barclays forecasts that unemployment in the U.K. will increase to 2.1 million, with the rate rising from 4.9% to 5.7% over the next 18 months, citing factors such as the Iran war and rising ...
Billionaire David Reuben departs U.K. for Monaco, Kelvin MacKenzie notes
Kelvin MacKenzie reports that billionaire David Reuben, known for building his fortune in U.K. property over four decades, has moved to tax-free Monaco. According to MacKenzie, Reuben's departure ...
Kelvin MacKenzie: Abu Dhabi investment in UK doubles to £20 billion in 5 years
Kelvin MacKenzie highlights that over the past 5 years, Abu Dhabi has doubled its investment in the UK to £20 billion. This investment includes acquiring significant assets such as parts of ...
Chris Rokos paid £330 million to HMRC in last year, Kelvin MacKenzie states
Kelvin MacKenzie reports that billionaire hedge fund manager Chris Rokos recently paid a £330 million tax bill to HMRC, which is described as the third largest payment by any individual in the ...
Kelvin MacKenzie: Burnham industrial plan doubted after Jaguar Land Rover cuts 4,000 jobs
Kelvin MacKenzie questions Burnham's promise to reindustrialise the UK, suggesting instead that the current approach may lead to further industrial decline. He cites Jaguar Land Rover's decision ...
Gas storage at record lows and mortgages to rise, Kelvin MacKenzie warns
Kelvin MacKenzie highlights a series of economic concerns, noting that gas prices have reached a three year high while gas storage stands at record lows. He further points out that mortgage ...
Kelvin MacKenzie: Relationship strain over tax position in Times interview
Kelvin MacKenzie suggests that any friendship between Burnham and former Goldman Sachs chief economist Lord Jim O’Neill may have eroded. MacKenzie points to O’Neill's recent Times interview, ...
HMRC seeks bankruptcy of Jamie Carragher, Kelvin MacKenzie notes
Kelvin MacKenzie reports that HMRC is seeking the bankruptcy of Sky football pundit Jamie Carragher due to an unpaid tax bill. The specific amount involved and details of the claim have not been ...
Kelvin MacKenzie: U.K. graduate jobs in July fall 45 percent from last year
Kelvin MacKenzie highlights a significant decline in the U.K. graduate jobs market. According to MacKenzie, there were only 8,383 graduate roles available in July, representing a 45% drop from the ...
House prices fall and jobless rate climbs to 5.4%, Kelvin MacKenzie notes
Kelvin MacKenzie highlights deteriorating economic conditions in the U.K., citing new figures that indicate a sharp drop in house prices, with flats reportedly difficult to sell. He points to a ...
Kelvin MacKenzie: New financial concerns emerge over Reform funding and Farage associate
Kelvin MacKenzie reports that fresh financial revelations have emerged concerning Reform, this time involving the mother of an individual described as Farage’s convicted fraudster and bagman ...
Manchester's spending power dropped 7 percent between 2021 and 2023, Kelvin MacKenzie notes
Kelvin MacKenzie highlights findings from the Resolution Foundation indicating that spending power in Manchester decreased by 7 percent between 2021 and 2023 during Burnham's leadership. He ...
Kelvin MacKenzie: Starmer policies seen driving down luxury flat prices in Weybridge
Kelvin MacKenzie highlights that Keir Starmer and his supporters are being credited with driving down flat prices in areas with high concentrations of their voters. He cites an example from ...
Timpson family sees $22 million in dividends on business growth, Kelvin MacKenzie notes
Kelvin MacKenzie highlights that the Timpson family received nearly $22 million in dividends last year, representing a 50 percent increase. This jump was driven by an 18 percent rise in its car ...
Kelvin MacKenzie: Jamie Dimon threatens to withdraw £3 billion Canary Wharf investment over Labour tax stance
Kelvin MacKenzie highlights support for Jamie Dimon, the CEO of JP Morgan, following Dimon's warning to the Labour Party regarding potential tax hikes on banks. According to MacKenzie, Dimon has ...
