RUTH SUNDERLAND: £2trillion of debt – here’s one horrific bill Dishy Rishi CAN’T just wave away By Ruth Sunderland for the Daily Mail Published: 22:01 BST, 21 August 2020 | Updated: 00:03 BST, 22 August 2020 For anyone still indulging in the fantasy that life can be one long furlough, the speed with which our … Read more
The US stock markets have staged a stunning recovery in the face of the coronavirus. The obvious questions are: Why? And: is it too good to be true? There are two drivers of the rebound – Big Tech and the Mighty Fed. Central bank the Federal Reserve has been providing trillions of dollars of support … Read more
There’s a reason M&S is out of fashion: As High Street giant prepares to shed thousands of jobs, RUTH SUNDERLAND argues its decline extends way beyond coronavirus lockdown By Ruth Sunderland for the Daily Mail Published: 22:46 BST, 18 August 2020 | Updated: 01:13 BST, 19 August 2020 Even the thought of the High Street … Read more
Persimmon, the builder previously known as a byword for executive greed, is striking a hopeful note on the housing market. The dividend, which had been put on ice, is being reinstated and sales have surged since lockdown. This fits with other straws in the wind. Rightmove, the property website, says home sales surged over the … Read more
Even by their own breathtaking standards of arrogance, it takes some weapons-grade chutzpah for private equity companies to come wheedling for a bailout in the form of loans backed by the British taxpayer. They are, after all, supposed to be ultra-capitalists who make their millions by sheer talent and enterprise. It takes even more cheek … Read more
RUTH SUNDERLAND: Health, wealth and freedom can vanish in an instant – George Soros and Warren Buffett (who both turn 90 this month) knew it all along and have grown wise and rich on the knowledge through their long lives Warren Buffett is the all-American investor, with deep and immovable Nebraskan roots George Soros is the quintessential … Read more
Football fans will be allowed back into stadiums NEXT MONTH as the Government ease up on lockdown rules for sport… but capacity will be capped and spectators ‘must sign a code of behaviour that could include a ban on singing’ Fans could be allowed back into football stadiums again from next month Their return could … Read more
Football fans will be allowed back into stadiums NEXT MONTH as the Government ease up on lockdown rules for sport… but capacity will be capped and spectators ‘must sign a code of behaviour that could include a ban on singing’ Fans could be allowed back into football stadiums again from next month Their return could … Read more
Maybe it will come as a huge relief to learn that the Bank of England is no longer forecasting the worst downturn in 300 years and only the biggest for a century but then again maybe not. Doomy historical comparisons are one way of illustrating the scale of the crisis. But our economy, from Amazon … Read more
RUTH SUNDERLAND: One hopes that alongside his medical advisers, PM Boris Johnson is also listening to those at the sharp end of the economic emergency The Big Four banks have lent like there is no tomorrow to keep their customers afloat Joblessness could be worse than the Boys from the Black Stuff era of the … Read more