Ken Costa is a veteran investment banker and author of The 100 Trillion Dollar Wealth Transfer: How the handover from boomers to Gen Z will revolutionise Capitalism
In proposing to sell the government’s £5 billion hoard of Bitcoin – accumulated from confiscating the proceeds of crime – Rachel Reeves has earned some keen supporters. But the Chancellor should resist the temptation. It wouldn’t be an error quite on the scale of Gordon Brown’s sale of half of Britain’s gold reserves in 1999 – that occurred
No The proposal on the American table is simple: break up the so-called super banks. To have the deposit-taking banks in one place, and the risk-takers (or proprietary traders) in another. The aim is laudable: that Main Street should not have to pay for Wall Street. This is, after all, the system which existed under
