Your browser does not support playing this file but you can still download the MP3 file to play locally. In this week’s episode we’ll be looking at why the government is anxious to find ways to fix rising fuel and food prices. Why is the Treasury not doing more? And how does this play into next week’s
admin
There is a painting in Caroline Walker’s series Janet of her mother cleaning the bathroom sink. It’s a nice bathroom, the morning light a soft pink echoed in the pink of her mother’s jumper. The light from the window filters through the pale blue bottle of bathroom cleaner, matched by Janet’s blue rubber gloves. She
When the western Falkland Islands emerged through the haar, they did so like a rumour — gradually and doubtfully, then more convincingly. Soon, they were undeniable. We had been sailing for two and a half days across a raw and landless South Atlantic before they appeared, strangely Hebridean on the hazy horizon. Our ship, the
Your browser does not support playing this file but you can still download the MP3 file to play locally. This weekend, we think about morality in the age of social media. According to writer Dan Brooks, we’re great at pointing out where good is missing, but we’ve forgotten how to be good people. Then, Yale
The writer, a former education secretary and minister for women and equalities, sits in the House of Lords Perhaps the elderly male MP meant nothing by it. But as I found out later, he’d already been into the chief whip to complain about my radio interview, in which the thorny issue of MPs’ pay had
Good evening, Apple’s forecast of an $8bn hit from problems, including supply chain shortages and factory shutdowns in China, underlines the fact that pandemic disruption to global business is far from over. Half of the company’s 200 top suppliers have operations in the Shanghai area, where restrictions are having a severe impact on business, according
Hilton Food’s shares have rebounded after a tough first few months of the year, and are up by around a fifth since the end of January. The company’s latest results, which included confirmation of its largest full-year dividend to date, contained detail of several new acquisitions as the company aims to become “the protein partner
The writer is an FT contributing editor These are not normal times. Inflation measures in the US are higher than they’ve been in four decades. When the Federal Reserve meets next week, however, it’s likely to begin what it calls “normalisation”: shedding as many assets from its $9tn balance sheet as it can. Once completed,
Shit is getting real. Picture of trader with head in hands real. Much ink has been spilled on the decline of speculative tech stocks since the end of last year. But disappointing results out this week from the very much profitable and absolutely massive Apple, Alphabet and Amazon suggest a wider malaise may be setting
South Africa’s former president Jacob Zuma handed control of the state power monopoly Eskom to a private business dynasty, according to an inquiry into systematic corruption under his rule. In the inquiry’s most sweeping indictment yet of the country’s former leader, a report published on Friday found that Zuma “readily opened the doors” for the
Tackling obesity is big business, in more ways than one. Worldwide, more than one in eight adults is overweight. Working from home makes matters worse, researchers say. But new drugs could finally slow the relentless rise of obesity rates. US pharma group Eli Lilly this week hailed its new obesity treatment Tirzepatide as a potential
Landlords paying the 40 per cent income tax rate would see their annual profits on a mortgaged buy-to-let home wiped out if UK interest rates rise by another two percentage points, according to research underlining the tightness of margins maintained by property investors. For a higher-rate taxpayer with an average two-year fixed rate and a
NatWest has ended UK high street banks’ quarterly reporting season on a note of cheer. The former Royal Bank of Scotland posted a year-on-year 40 per cent increase in pre-tax profits to £1.2bn, easily trumping analysts’ forecasts. That is good news for investors — including the government, which holds just under half the bank’s shares
The writer is vice-chairman of S&P Global and the author of ‘The Prize’ and ‘The New Map: Energy, Climate and the Clash of Nations’ Among Vladimir Putin’s many miscalculations was his expectation, before the invasion of Ukraine, that Europe’s dependence on Russian energy was so great that its response would be muted, limited to little
The writer is editor-in-chief of MoneyWeek Edinburgh has a new Library of Mistakes — a financial library devoted to helping us all learn from the disasters of the past. Over the past week it has been running a series of events designed to discuss those disasters. Wednesday was devoted to the mistakes of fund managers.
About four in 10 British households are finding it difficult to pay for gas and electricity and a similar proportion are buying less food, according to the first official statistics covering the period after the 54 per cent increase in the cap on most consumers’ energy bills. The results of a survey run by the
ExxonMobil said it would triple its share buyback programme to $30bn and Chevron reported its most profitable quarter since 2012 as surging crude and natural gas prices after Russia’s invasion of Ukraine delivered a windfall for American Big Oil. Texas-based Exxon’s stepped-up share repurchase programme came as it posted first-quarter profits of $5.5bn on Friday,
Vase by Van Briggle, £220 A 1920s ceramic piece with a satin matte glazed finish. vinterior.co Pietra dura tabletop, £4,000 This 20th-century tabletop is inlaid with precious stones in a floral pattern. lassco.co.uk 18th-century Delftware dish, £249 This plate can be used as a serving platter or as a piece of wall art. selency.co.uk Pair
“Greed is good,” said Gordon Gekko, the unforgettable villain of Oliver Stone’s classic 1987 film Wall Street. The character, Stone later said, was inspired in large part by one of that decade’s most controversial financial figures: Carl Icahn, once described as “the ultimate corporate predator”. But if Icahn’s explosive Trans World Airlines takeover in the
All the answers here are linked in some way. Once you’ve spotted the link, any you didn’t know the first time around should become easier. Who was the last female prime minister of New Zealand before Jacinda Ardern? Which president’s tomb is the largest mausoleum in America? Which British film won the Oscar for Best