I have an independent financial adviser. I can recommend him. He gives me expert advice. But I decide, and sometimes I disagree. Nobody would question either the propriety or the commonplace nature of this arrangement. Recently we were discussing what to do with my maturing pension fund. His suggestions looked shrewd but were predicated on
James Forsyth reviews the week in Politics To step into the House of Commons nowadays is like gatecrashing a wake. In happier days, its corridors were full of MPs quietly plotting. Now, the scene is members being offered a supportive squeeze of the shoulder by a colleague. The ones being consoled are those who have
Only a little more than a year ago, Gordon Brown was considered very clever when he had a word with Sir Victor Blank at a cocktail party and encouraged him to merge Lloyds and HBOS to help save the British banking system. Not long afterwards, Sir Victor was forced to resign after the merger produced
Roger Bootle says it’s wrong to argue that bankers’ bonuses are the price we have to pay for economic success The smart thing to say — indeed, Allister Heath said it in last week’s issue — about bankers’ pay is that it doesn’t really matter: it’s a distraction from more serious concerns about regulation or
Fretting about an impending energy apocalypse has long been a diverting parlour game of the chattering classes. Projections are drawn up showing that the last drop of petrol will be squeezed into the last 4×4 in about 50 years’ time. It is said that Britain, forced by the European Union to retire a third of
Bill Jamieson wonders how badly ‘Brand Scotland’, with its associations of canniness and caution, has been damaged by the financial crisis and a dismal Scottish Prime Minister Scotland’s fortitude has certainly been tested these past 12 months. Its proud claim to have a special excellence in finance — an innate canniness and caution — has
