RUTH SUNDERLAND: Is PensionBee a honeypot? The float hammers home that pensions are far too complicated Many people take an ostrich-view of their pension and adopt a position of inertia Romi Savova had the idea to set up PensionBee in 2014 because of her frustration at trying to transfer an old company pension when she … Read more
No one enjoys being wrong. Yet some diehards in the Remain camp take the natural human propensity for wanting to be right to the extreme. They are so desperate to be proved correct in their view that Brexit is a disaster, they seize on every negative number with lip-licking relish and trot it out as … Read more
No one enjoys being wrong. Yet some diehards in the Remain camp take the natural human propensity for wanting to be right to the extreme. They are so desperate to be proved correct in their view that Brexit is a disaster, they seize on every negative number with lip-licking relish and trot it out as … Read more
RUTH SUNDERLAND: Might there be a baby bounce-back when the coronavirus is vanquished? Let’s hope so for all our sakes Deaths from Covid have taken a grim toll, with 2.8million fatalities worldwide But the more profound demographic – and economic – effect is likely to come from births, or rather the lack of them We … Read more
Tottering steel magnate Sanjeev Gupta vowed yesterday that no UK steel plants will close on his watch. His resolve is commendable, but his options are limited. The problem for Business Secretary Kwasi Kwarteng and the Government is what to do about Gupta’s Liberty Steel plants. Kwarteng has already – quite rightly – turned down a … Read more
Deliveroo’s float on the London stock market was one of the City’s most eagerly-awaited events. Investors had hoped shares would soar – but instead watched them plunge by a stomach-churning 30 per cent when trading began. They recovered a little, but the firm’s stock market debut was, in truth, nothing more than a big fat … Read more
Deliveroo’s float on the London stock market was one of the City’s most eagerly-awaited events. Investors had hoped shares would soar – but instead watched them plunge by a stomach-churning 30 per cent when trading began. They recovered a little, but the firm’s stock market debut was, in truth, nothing more than a big fat … Read more
The packed scenes in parks and the latest data on GDP tell us the same thing: there is a huge amount of pent-up demand in the economy. People are desperate to get their pre-Covid lives back and they will be spending in pubs, restaurants and shops the minute they are allowed. Many can afford to … Read more
Compare and contrast. Two high-profile floats in London: one a takeaway food business, shunned by several big investors because of its reliance on gig economy riders, the other an Oxford University spinout run by super-brains in lab coats. The cultural gulf could not be wider between Deliveroo and Oxford Nanopore, the biotech business that yesterday … Read more
RUTH SUNDERLAND: Why are fund managers singling out Deliveroo while investing in other companies engaging in questionable behaviour? How fascinating that some of the UK’s leading investors have succumbed to a fit of pearl-clutching over Deliveroo’s employment practices Top fund managers, including Aviva, M&G and Legal & General, are shunning the float This sudden concern … Read more