Keir Starmer’s Labour is hyperventilating over the ‘scandalous’ decision of P&O Ferries to sack 800 crew and replace them with less expensive agency colleagues. Before Labour becomes too hot under the collar, it should consider some history. The maritime heritage of P&O dates back to 1837. But in 2006, Tony Blair and Gordon Brown stood … Read more
Downing Street was totally mesmerised by Softbank chief Masayoshi Son when he was invited into the inner sanctum and encouraged to buy Cambridge-based Arm Holdings in 2016. The deal was portrayed as a vote of confidence in Britain and the five-year pledge to support research and development, and jobs in the UK, taken at face … Read more
The money bubble bursts: Britain’s economy faces a double whammy of higher rates and higher taxes, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 22:24 GMT, 27 January 2022 | Updated: 00:02 GMT, 28 January 2022 Andrew Bailey was the first central banker out of the blocks when the Bank of England … Read more
For years, Money Mail has urged readers to regularly switch energy supplier. It wasn’t the most glamorous money-saving tip, but sticking with your existing provider meant you were almost certainly overpaying. And the return on this straightforward, mundane chore was lucrative, with households saving hundreds of pounds a year. But for now, you should forget all … Read more
VICTORIA BISCHOFF: Families urgently need a break from financial doom and gloom to take stock By Victoria Bischoff for the Daily Mail Published: 17:01 EDT, 5 October 2021 | Updated: 04:28 EDT, 6 October 2021 Our collective household finances have endured a rollercoaster 18 months. First came widespread panic as the pandemic took hold in … Read more
JEFF PRESTRIDGE: Funds that have cut charges deserve credit, but a big chunk of the investing industry has done nothing By Jeff Prestridge for The Mail on Sunday Published: 16:51 EDT, 2 October 2021 | Updated: 03:57 EDT, 3 October 2021 Fund management charges eat into investors’ returns. The higher they are, the bigger the … Read more
RUTH SUNDERLAND: The question for City institutions is: if private equity can recognise hidden treasure chests buried in UK plc, why can’t they? Stingy valuation placed on certain UK companies has left them prey to the private equity crocodiles A study argued that more than 200 listed firms are vulnerable, including ITV, Marks & Spencer, … Read more
HAMISH MCRAE: We should worry about the loss of independence for too many companies – but be relieved that dividends are back By Hamish Mcrae, Financial Mail On Sunday Published: 16:51 EDT, 31 July 2021 | Updated: 16:51 EDT, 31 July 2021 The flow of dividends and share buy-backs is rising, and about time too. … Read more
I’m going to start with two clichés: firstly, sometimes, the best things in life are free. Not often, but sometimes. Secondly, absence really does makes the heart fonder. A case in point is Parkrun. Every Saturday morning, people gather at various locations in Britain at just before 9am to chat, potentially make friends and then … Read more
ALEX BRUMMER: Morrisons is a farmer, landowner, fishing company and a food producer, all of which could be damaged by private-equity ownership By Alex Brummer for the Daily Mail Published: 16:50 EDT, 30 July 2021 | Updated: 17:09 EDT, 30 July 2021 Softbank and Koch dynasty-backed Fortress has informed the stock market that it expects … Read more