Culture shift: What’s behind a decline in drinking worldwide

Workers outside of a pub in the City of London Oct. 18, 2017. A traditional pastime of lunch or after-work drinks with colleagues may be fading, part of a worldwide trend that is seeing a drop in the overall percentage of people who consume alcoholic beverages.

Spanish Mayor Offers to Help Gibraltar Insurers Get Round Brexit

A small town mayor from southern Spain is offering Gibraltar-based insurers a way to retain access to the European Union single market after Britain leaves the bloc next year. Juan Franco of La Linea on the southern tip of the Iberian peninsula is inviting insurers based across the border in the British enclave to set up units in his municipality of about 63,000 people so they can continue to service EU clients.

Corbyn Vows to Stop Hostile Bids and Humble the City of London

Jeremy Corbyn pledged that a Labour government would make it harder for asset strippers to take over U.K. companies while vowing to make finance the "servants of industry not the masters of us all." While his full-throttle attacks on bankers have been become familiar to the City of London, his prescription for blocking hostile takeovers is specific and likely to rattle the world of business.

The New/Old Politics of Capital vs. Countryside

Capital vs. countryside -- that's the new political divide, visible in multiple surprise election results over the past 11 months. It cuts across old partisan lines and replaces traditional divisions -- labor vs. management, north vs. south, Catholic vs. Protestant -- among voters.

Brexit Due To Failure Of Elites, Not Bigotry Of Masses

Bigotry! Nativism! Racism! That's what elites in Britain, Europe and here have been howling, explanations for why 52 percent of a higher-than-general-election turnout of British voters voted for their nation to leave the European Union. But there is plenty of bigotry, condescension and snobbery in the accusations and the people making them.