What the high street really needs is Gordon Gekko

There was a time when ‘asset stripping’ was one of the best-known – and vilified – terms in the commercial lexicon. In this country, the likes of Slater Walker and Hanson raided declining manufacturing industries and turned big profits by slimming them down and selling off many of their best assets.

In America, the corporate raiders of the 1980s did much the same thing. It was never a popular business – the villainous Gordon Gekko in the film Wall Street was an asset stripper – but it was often very profitable.

In this decade the asset strippers are going to [...]

MoneyWeek magazine

Latest issue:

Magazine cover
A new dawn for energy

Our experts pick the stocks to buy

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

FREE REPORT:
What you should really do with your money (2014 Edition)


How to buy and sell penny shares

A beginner's guide to investing in gold

How to invest in British fracking