Sir Jim or the Sheikh for Man Utd? Either will be better than the Glazers
‘Greenwashing vs Sportswashing’, as Sky Sports put it, is a curious way to characterise the emerging £6 billion takeover tussle…
Unilever’s next boss won’t put purpose before profit
Does a change of chief executive at Unilever, the British-based shampoo-to-Marmite multinational, signal the demise of the fashion for corporate…
What Boris Johnson should do next
If you were rich, foreign and globally mobile, would you choose to move to the UK? The trend, it turns…
Doing good business
Ever since the societas publicanorum, corporations have been linked with the common good, carrying out projects for which the state is ill-equipped
We should never have tried cosying up to Chinese investors
I can’t read ‘China rocked by protests’ and ‘Zero Covid could be the end of Xi Jinping’s rule’ without recalling…
The welcome death of the ‘my truth’ investment boom
A colourful selection of news items this week seem to have a central thread. Elizabeth Holmes, founder of the Theranos…
Better to rebuild than argue over reparations
‘Reparations’, much bandied about at Cop27, is a dangerous word. It speaks of an admission of historic guilt, which no…
Business and markets offer Sunak a tentative welcome
Let’s hope Tuesday’s partial eclipse of the sun was a good omen for the return of Rishi Sunak to Downing…
The truth about corporate taxes
I’ve chosen to write about corporate tax rates this week not because they’re the sexiest subject available but because –…
A house-price crash will be just one effect of the Kwarteng calamity
Where next for house prices? Clearly, they’re going down as mortgage rates go up – and my forecast in May…
Is Credit Suisse the tornado on the banking horizon?
Headlines about ‘alarm over CreditSuisse’ might be read as a sign of normality in financial news, rather than the reverse.…
City slickers’ reaction to Kwarteng’s unfunded plan is entirely rational
‘Fury at the City slickers betting against UK plc,’ shouted the Daily Mail on Tuesday, after Monday’s mayhem saw the…
The bonus cap was boneheaded but is this the moment to scrap it?
Chancellor Kwasi Kwarteng – keen to sharpen the City’s competitive edge, we’re told – wants to remove the legislative cap,…
Never mind terrorising the Treasury, let’s see some energy-policy action
At His Majesty’s Treasury, it’s all looking a bit like Year Zero in revolutionary Cambodia. Kwasi Kwarteng’s first act was…
A cocktail of misfortunes is hammering the pound
My predecessor Christopher Fildes looked at exchange rates through a cocktail glass: three negronis for the Italian lira equivalent of…
