“An abuse of capitalism: Thousands of jobs at 259-year-old British giant defence GKN are at risk after speculators cash in…”

Apr 3, 2018 | Companies

We’re happy, it seems for the French to own our electricity companies, the Chinese to build our nuclear power plants, the Germans, Indians and Americans to take over our car industry and the Russians and a large selection of Arab states to own most of Central London. Yet when a British company takes over a British company, albeit one which ‘made cannonballs for the Battle of Waterloo’, it’s the ‘unacceptable face of capitalism’?

“Amazon invades financial services with home insurance launch”

Oct 25, 2022 | Companies

Amazon, like Musk, and Branson before them both, can afford to try lots of stuff and fail at some.

“Natwest and trio of private equity firms vie for Quilter”

Aug 2, 2022 | Companies

In the 80s and 90s, banks and building societies bought life insurance, pension companies and fund managers, took on lots of financial advisers and sold financial products by the bucket-load, by means both fair and foul, to their customers.

“Nutmeg losses climb 28% after JPMorgan takeover”

Jun 30, 2022 | Companies

If you’re offering cheap, online investment advice, you need volume to make it profitable. To get volume (ie lots of money), you need marketing (to get lots of people to log in and give you money). And that costs, particularly, as will inevitably be the case, most of...