Reform of cash Isas is still on the agenda. Quite right, too | Nils Pratley
hOff from our cash Isas! Don't punish savers for choosing safety! Don't force everyone to stock or shares! If you take away the banks and build society from their most attractive sources of deposits, consider the chaos that will cause for first-time buyers! Don't fall into the selfish lobbying of city fund managers! The screams […]
Tariffs would be a drag, but Guinness boss still needs to find a brew for recovery | Nils Pratley
DOn -off tariffs on Onald Trump are good for at least one thing. They provide convenient excuses to abandon sales forecasts to administrators who are struggling. The combo of Diagio, Guinness, Johnny Walker and Suminov has cited “current macroeconomic and geopolitical uncertainty”. It shows the possibility of US tariffs in Canada and Mexico. However, the […]
Ofwat opts for expediency. It’s time for water companies to stop bleating | Nils Pratley
WSubsequent banknotes in England and Wales were always to be significantly increased in value. The problem was the degree. Ofwat has come up with a figure that roughly represents the amount of money that around three-quarters of businesses need to fund their regular operations and build new projects. The stock price reactions of the few […]
Next and the beautiful arithmetic of long-termism | Nils Pratley
HThere's no terribly sinister way to look at Next's progress towards an annual profit of £1 billion this year: the retailer already made profits of nearly £500 million (£498 million) in 2008, so it's not extraordinary that it has simply doubled in 17 years – a compound annual growth rate of just 4%. But that […]