ALEX BRUMMER: Vodafone loses plot with Frankfurt float

ALEX BRUMMER: Vodafone loses the plot by choosing Frankfurt flotation over London Vodafone is a serial disappointment to investors  It has an unimpressive board, headed by a sub-octane chairman Gerard Kleisterlee By Alex Brummer for the Daily Mail Published: 21:59 BST, 27 July 2020 | Updated: 22:03 BST, 27 July 2020 Vodafone is a serial … Read more

RUTH SUNDERLAND: Corporate Britain blind to debt

RUTH SUNDERLAND: Coronavirus has exposed Britain’s blindness to the dangers of debt – this time, it is not the banks that are the prime risk, but their corporate customers By Ruth Sunderland for the Daily Mail Published: 21:51 BST, 26 July 2020 | Updated: 21:55 BST, 26 July 2020 The pandemic has ruthlessly exposed many … Read more

HAMISH MCRAE: Why shares WON’T follow as economy takes a fall

Has all the bad news been priced into the stock markets? Not only are UK assets deeply unfashionable at the moment compared with those of other countries, but there is the wider concern that the world economy will have a second plunge in the autumn when the present support measures fade away. Explaining why the … Read more

Five key areas that a capital gains tax reform could impact

Helen Jones is partner in private client tax services at accountants and business advisors BDO Helen Jones is partner in private client tax services at accountants and business advisors BDO.  Last week, Chancellor Rishi Sunak wrote to the Office of Tax Simplification to commission a review of Capital Gains Tax.    This has resulted in … Read more

ALEX BRUMMER: Pandemic forces firms to look at finances

ALEX BRUMMER: Coronavirus pandemic heightens urgency of raising cash, paying down debt and simplifying shape of firms By Alex Brummer for the Daily Mail Published: 21:51 BST, 24 July 2020 | Updated: 22:05 BST, 24 July 2020 There should be no real surprise that Centrica, Vodafone and Walmart – by selling Asda – are all … Read more

ALEX BRUMMER: Pandemic creating its stock market winners

ALEX BRUMMER: The coronavirus pandemic is creating its own band of stock market winners Unilever and Astrazeneca were long viewed as under-performing and underrated  Both have come roaring back and top the FTSE 100, creating value for the nation’s pension funds By Alex Brummer for the Daily Mail Published: 22:15 BST, 23 July 2020 | … Read more

ALEX BRUMMER: Folly of debt-fuelled acquisition

ALEX BRUMMER: Big battalion investors do nation a huge disservice when they sell engineering and aerospace crown jewels to leveraged financial buyers with no strategic vision The debt-fuelled model at Melrose was unsuited to an engineering enterprise like GKN It may be frustrating for Melrose’s already-rich top team that they might not achieve the supercharged … Read more

ALEX BRUMMER: EU’s bail-out will not head off large scale unemployment

ALEX BRUMMER: Europe’s feeble bail-out will not be enough to head off large scale unemployment By Alex Brummer for the Daily Mail Published: 22:42 BST, 21 July 2020 | Updated: 23:14 BST, 21 July 2020 The longest summit in the European Union’s history finally has delivered a result. The £680billion Covid-19 rescue package breaks new ground. … Read more