Democracy, Winston Churchill once famously said, was the worst way to run a country “apart from all the others that have ever been tried.” Unfortunately, he did not make clear what kind of democracy he favoured. Britain’s dreadful Brexit impasse has divided the country into roughly equal camps, both convinced democracy has been traduced. And they both have a point. ...

Marks & Spencer Group Plc (M&S) showed off its key looks for the autumn winter season this week. It is aiming to woo shoppers with 1970s-inspired prints, jewel toned blouses and tailored coats. But the high street stalwart has gone out of fashion with investors. Its shares are set to fall out of the FTSE 100 index for the first ...

The grounding of Boeing Co.’s 737 Max after a pair of accidents killed 346 people might seem an unmitigated disaster for the world’s airline industry. Look at flight data, though, and you can glimpse a grim benefit supporting carriers’ bottom lines. To see why, it’s worth remembering just how crucial the 737 and its arch-rival, the Airbus SE A320, are. ...