Every year in this country, we pay fund managers around £7.3bn in fees to control our money. Why? It’s a question that we’ve been asking ourselves for years. So we called in Tom Bulford, a former fund manager, to give us a good answer. Here’s what he said.
Merryn Somerset Webb interviews Paul Hodges about deflation, the global economy's 'Great Unwinding', and how Britain's house prices could halve.