A WEST Belfast man has hit out after a birthday card for his niece arrived in the post without any money in it. Paul Toner contacted the Andersonstown News after learning that a birthday card he posted to his niece with £20 in it arrived without the cash inside, He …
Read More »Bank’s return to sub-prime: Barclays has not learned any lessons from past mistakes, says ALEX BRUMMER
By ALEX BRUMMER, CONSULTANT EDITOR Updated: 22:03, 22 October 2025 Bank of England deputy governor Sam Woods is confident that post-Great Financial Crisis rules have fixed the banking system. One might question whether it was Swiss national pride, rather than ‘living wills’ for banks, which saved the blow-up at Credit …
Read More »Carney’s Anglo demarche: Teck deal is a triumph of short-termism, says ALEX BRUMMER
Britain has a terrible record when it comes to selling its crown jewels. An obsession of being open for business has seen prized assets such as Thames Water, Heathrow, tech champion Arm Holdings and defence trailblazers Ultra Electronics and Cobham fall into overseas hands. The National Security and Investment Act, …
Read More »Treasury under siege: Government must squash the moron premium and stop debt dragging us down, says ALEX BRUMMER
By ALEX BRUMMER, CONSULTANT EDITOR Updated: 05:53 EDT, 2 September 2025 Rachel Reeves’ standard response to adverse data or criticism is to insist that economic stability is non-negotiable. The reality is that while there is a measure of political stability – an unpopular Labour government is still in the foothills …
Read More »Folly of funny money deals: A market solution would be best for Thames Water, says ALEX BRUMMER
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:11 EDT, 3 June 2025 As a long-standing critic of private equity pillage, I should be cheering from the rooftops at the decision by KKR to pull out of its proposed rescue of Thames Water. Yet given the ghastly legacy of financial …
Read More »AstraZeneca and GSK in the firing line as Trump targets big pharma: ALEX BRUMMER
The velocity of the zigzags in Trump trade mayhem is remarkable. No one expected US peace in our time at the Geneva talks with China at the weekend, but what emerged is better than predicted. Just over a month after ‘Liberation Day’, the core tariff conflict between the US and …
Read More »Labour’s postal sell-out: Did we learn nothing from the financial vandalism of our water firms? asks ALEX BRUMMER
Labour’s greatest business betrayal has been accomplished without words of public dissent. Assured by undertakings from Czech sphinx Daniel Kretinsky, 80 per cent of shareholders voted in favour of his EP Group’s £3.6billion purchase of Royal Mail owner International Distribution Services (IDS). Sell-out merchant Keith Williams, IDS chairman, hailed the …
Read More »Labour’s postal sell-out: Did we learn nothing from the financial vandalism of our water firms? asks ALEX BRUMMER
Labour’s greatest business betrayal has been accomplished without words of public dissent. Assured by undertakings from Czech sphinx Daniel Kretinsky, 80 per cent of shareholders voted in favour of his EP Group’s £3.6billion purchase of Royal Mail owner International Distribution Services (IDS). Sell-out merchant Keith Williams, IDS chairman, hailed the …
Read More »Wall Street must speak up as Trump continues his attacks on Federal Reserve boss, says ALEX BRUMMER
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:17 EDT, 22 April 2025 The downgrade to British and global growth in the International Monetary Fund’s World Economic Outlook report will come as no surprise. Donald Trump’s random ‘Liberation Day’ tariffs imposed on April 2, then subsequently watered down, shattered confidence …
Read More »Return of public ownership: Debt-fuelled Royal Mail deal is a bail out waiting to happen, writes ALEX BRUMMER
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 04:24 EDT, 16 April 2025 Labour’s dramatic seizure of control over Jingye-owned British Steel was a clear demonstration of inept handling of industrial issues. Emergency parliamentary sittings are best confined to states of war, not a self-created crisis partly caused by a …
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