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: 16:50 EDT, 30 July 2021 Softbank and Koch dynasty-backed Fortress has informed the stock market that it expects … Read more
Hopes of a giant step forward on climate change at the Cornwall G7 proved optimistic. US politics has a nasty habit of getting in the way, as it has over setting a new global minimum tax of 15 per cent. Among specific proposals to cut collective carbon emissions in half by 2030 was a pledge … Read more
A good name is rather to be chosen than great riches, proclaims Proverbs. Since the 2017 merger of Martin Gilbert’s Aberdeen Asset Management and the dowager of Scottish insurance, Standard Life, the two firms have contrived to damage both titles. The idea that the group’s new identity Abrdn will have financial advisers up and down … Read more
ALEX BRUMMER: Treasury, Bank of England and FCA should have acted earlier over Greensill – and David Cameron’s role in the affair stinks David Cameron’s interventions on behalf of Greensill, and the use of the former Prime Minister’s name to try and drum up business, is deeply unedifying Cameron is proving an exception to the … Read more
Riding the digital wave: Deliveroo is down but not out and could well prove the naysayers wrong, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 21:51 BST, 7 April 2021 | Updated: 21:51 BST, 7 April 2021 After the bloodbath when Deliveroo floated, the customers who bought into the issue have nothing … Read more
Joe Biden is riding a wave of optimism following the passage of his $1.9trillion (£1.4trillion) fiscal package. There may be more to come should the White House manage to steer proposals for a further £1.44trillion of climate change and infrastructure spending through a Congress jittery about debt levels. As the International Monetary Fund’s spring World … Read more
One might have thought that after 17 major announcements since lockdown, Rishi Sunak has said everything there is to say about the economy. Not a bit of it. Today sees the launch of Tax Policy & Consultations Day, or TPAC as the accountants call it. The idea is to bring together in one co-ordinated package … Read more
ALEX BRUMMER: What is most disturbing about the Greensill affair is how it slipped through the regulatory net By Alex Brummer for the Daily Mail Published: 21:50 GMT, 21 March 2021 | Updated: 21:50 GMT, 21 March 2021 There is so much in the Greensill-Gupta scandal that is familiar. Gullible politicians including former prime minister … Read more
David Cameron’s personally lobbying on behalf of stricken financial firm Greensill is arrogance of power unbecoming an ex-PM, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 22:59 GMT, 19 March 2021 | Updated: 23:07 GMT, 19 March 2021 The political fallout from the collapse of London-based global finance group Greensill Capital has … Read more
ALEX BRUMMER: Departure of James Anderson (the tech Warren Buffett) from Scottish Mortgage leaves an enormous hole By Alex Brummer for the Daily Mail Published: 21:57 GMT, 19 March 2021 | Updated: 22:26 GMT, 19 March 2021 Britain has not been short of ‘star’ fund managers in recent decades. Carol Galley at Mercury (now part … Read more