The FCA wants credit card companies to help prevent their customers getting in debt that they can’t get out of. But they really shouldn’t need to be told, says Merryn Somerset Webb.
Facebook is so good at giving us what we think we want that we never see anything that challenges our world view, says Merryn Somerset Webb. We need to burst our own online bubbles.
Softbank’s £24bn acquisition of ARM Holdings proves that post-Brexit Britain is just as good a place to do business as it was before the referendum. But the deal’s not all good news, says Merryn Somerset Webb.
The Bank of England seems to have accepted that the Brexit vote doesn’t meant the end of the world as we know it, says Merryn Somerset Webb.
If we want any kind of normality to return to capitalism, central banks have got to normalise interest rates, says Merryn Somerset Webb.
Housebuilders are hated at the moment – they fell by 25% on the day after the EU referendum, and by another 20% on the next. But, says Merryn Somerset Webb, perhaps it’s time to buy.
Give it 20-30 years and the whole defined-benefit pension saga will be nothing but super-dull accounting history, says Merryn Somerset Webb.
Defined-benefit pensions are fast turning into one of the UK’s biggest problems. But it’s all entirely unnecessary, says Merryn Somerset Webb.
The financial services industry is supposed to operate as capitalism watchdog. Its inability to fill this role properly means that government now feels forced to step in.
Jean-Claude Juncker, president of the European Commission, sums up everything that is wrong with the EU, says Merryn Somerset Webb. It’s time he went.
An awful lot has happened in the last week or so. But it isn’t chaos, says Merryn Somerset Webb. Politics is resetting – just as it should in an active and enthusiastic democracy like ours.
Nick Train of the Finsbury Growth and Income Trust looks at the effects of the Brexit vote on its holdings, emphasising the fact that it should be judged over decades, not a few quarters or half-years.