City enjoys love-bombing from Truss, but can she deliver?

Ever since the global financial crisis, City bosses have complained that politicians don’t give financial services enough love. The attitude to one of the UK’s few world-leading industries has been at best lukewarm, they moaned. Well, they can hardly lay that charge against the new prime minister. Liz Truss is surely the only world leader who … Read more

Opinion: Good news for retirees and retirement savers — inflation may be working in your favor

Retirees and those seeking secure income got two items of very good news this week, though you may only have heard about one. Meanwhile, your ability to earn a guaranteed rate of return on risk-free investments, regardless of what happens to inflation, actually went up. So-called TIPS bonds, Treasury bonds protected against inflation, fell slightly … Read more

Helena Morrissey: The City’s ‘Big Bang 2.0’ hasn’t gone far enough

Baroness Helena Morrissey has been an executive at multiple asset managers and is a noted City diversity campaigner The long-awaited Financial Services and Markets Bill was finally introduced to parliament just ahead of the summer recess. At more than 330 pages, it is the biggest financial services legislation package in more than two decades. The bill … Read more

My boyfriend, 68, has almost no ‘mad money’ for fun activities and trips. He lives with his father, 95, and expects to inherit his house. Is it unreasonable to expect him to get a part-time job?

I am a 65-year-old retired woman with modest Social Security and annuity payments. I also own my own home and have savings. I’ve been seeing a 68-year-old retiree since just before the pandemic. He lives with his 95-year-old dad, who is in poor health (he can’t get around much, doesn’t drive, and is showing signs … Read more

Twitter v. Musk: Why the Court of Chancery Will Never Order Specific Performance.

Text size A court could compel Tesla chief executive Elon Musk to purchase Twitter, but could it compel him to operate it in the best interest of shareholders? Al Drago/Bloomberg About the author: Carliss Chatman is associate professor at Washington and Lee University School of Law. When Elon Musk decided to terminate his $44 billion … Read more

A Brexit believer may be a good fit for the City as Boris’ messy tenure ends

There will be few tears shed in the City over Boris Johnson’s departure. Back in 2019 some senior figures had, despite deep misgivings, concluded that he was a good choice to replace Theresa May as prime minister. But his performance in office has been a huge disappointment, most importantly of course in terms of his … Read more

‘I’m being taken advantage of by my own husband’: I pay all the bills and gave the down payment for our home, and all he does is buy stuff and contribute to his 401(k)

I’m being taken advantage of by my own husband. I have been married for almost 10 years. When my husband and I were first married, he convinced me to stop working after the first year or so, which I regret. A couple of years ago my mom died, leaving me a very small inheritance of … Read more

Why UK investors shouldn’t worry about companies fleeing overseas

David Wighton is a columnist for Financial News The encircling gloom surrounding the British economy is so pervasive that even those rare pieces of seemingly good news are glumly scrutinised for evidence that they are actually bad. One of the most striking successes of the UK economy in recent years has been the extraordinary growth of venture … Read more

Martin Gilbert: The City must cherish its older workers

Martin Gilbert, the co-founder and former CEO of Aberdeen Asset Management, is chair of AssetCo and Revolut Paul McCartney headlining the Glastonbury Festival a week after his 80th birthday is a reminder what an absolute legend he is, and also that age is no barrier. He’s still performing in front of thousands of people and … Read more

Hector Sants: City workers aren’t immune from money troubles

Sir Hector Sants was chief executive of the Financial Services Authority and head of compliance at Barclays. He is currently chair of the Money and Pensions Service. Over the past decade, the financial services community has made huge strides in bringing conversations about mental wellbeing to the forefront. But there is still a way to go in … Read more