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 Under the Enterprise Act, the CMA doesn’t have the powers to directly intervene because there is no longer a formal ‘public interest’ test when it comes to takeovers A spineless board at Morrisons, … Read more
RUTH SUNDERLAND: Despite a display of female firepower in economics around the world, the same effect has not been seen in the UK Women are very poorly represented in university economics departments from undergraduates through to professorships, and that feeds through to a shortage at the top levels of policymaking Among economics students from the … Read more
RACHEL RICKARD STRAUS: Two thirds of Britons say they have been targeted by a scammer this year – it is costing billions and HAS to stop By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:52 BST, 17 July 2021 | Updated: 21:52 BST, 17 July 2021 Two thirds of Britons say they have been … Read more
HAMISH MCRAE: Central bankers starting to acknowledge what to rest of us has seemed screamingly obvious – inflation is a real threat By Hamish Mcrae, Financial Mail On Sunday Published: 21:51 BST, 17 July 2021 | Updated: 21:51 BST, 17 July 2021 The central bankers are running scared, and they jolly well should be. The … Read more
In 2018, it was estimated that the total net wealth of private households in Britain was £14.6trillion, with £5.9trillion of that in property assets. If you own assets, such as property, that you want to sell or dispose of, you could be liable for Capital Gains Tax. However, there can be a lot of confusion … Read more
Morrisons needs a Stuart Rose. Chairman Andy Higginson and the board allowed themselves to be sweet-talked into accepting the bid from Softbank and Koch Retail-backed Fortress with loose commitments to maintain Ken Morrison’s legacy. Instead, they could have repelled the swarming private equity bidders and made the case for the Bradford-based supermarket group to go … Read more
JEFF PRESTRIDGE: Our longstanding campaign to save access to cash on the high street has at last borne fruit By Jeff Prestridge for The Mail on Sunday Published: 21:52 BST, 3 July 2021 | Updated: 21:52 BST, 3 July 2021 Our longstanding campaign to save access to cash on the high street has at last … Read more