One of the oddest things said to me in the post Brexit meltdown of the Remainers was that everything was Facebook’s fault. Who could have known, asked my friend (on Facebook) that so many people …
Brexit: can you really blame Facebook?
Category: Blog
The financial industry still doesn’t get how to treat its customers
Credit cards can be nasty things. They might be of some use to those who want a painless way to borrow money for the very short term (ie those who can pay it back within …
ARM deal proves Britain is still a draw – but it’s not all good news
“Since Britain voted to leave the EU, there has been a tendency to be downbeat about the country’s economic and industrial prospects,” says an article in the FT today. The article fails to mention that …
The Bank of England takes small steps back to rational thinking
So the Bank of England (BoE) didn’t cut rates – despite the market giving a cut of 0.25% an 80% chance. Why? The first obvious reason is inflation – the recent fall in the trade-weighted …
How central banks have stolen your freedom – and killed democracy
I have often written about the problems of low and negative interest rates. We reckon that the perverse effects of modern monetary policy are now so extreme that they outweigh any of its perceived benefits. …
Everyone hates the housebuilders – maybe you should buy them
Everybody hates housebuilders – and why wouldn’t they? After all, houses in the UK are horribly over-priced and George Osborne promised us that they would fall the very second we voted for Brexit. We voted …
How fund managers have failed us all on boardroom pay
When I went into see the managers at Lindsell Train a few weeks ago (subscribers can read the full interview here) there was, I thought, only one dud note in our conversation. When we talked …
Defined-benefit pensions: killing our economy for all the wrong reasons
I wrote earlier that defined-benefit pensions (the ones where you get paid a percentage of your salary inflation linked for ever on retirement) are fast turning into one of the UK’s biggest problems. The conventional …
Why your pension problem will soon be accounting history (and why that’s good)
I am mildy obsessed with pension deficits at the moment. I am quite sure that the problem is bad, but not as bad as the industry insists on thinking that it is. I am also …
Juncker: why he has to go
Jean-Claude Juncker, president of the European Commission, has proved utterly hopeless We’ve been talking about how much we disapprove of EC president Jean-Claude Juncker in the MoneyWeek office for a while now. For us, he …