ALEX BRUMMER: FCA fails savers with its tortoise-like Woodford probe

The pandemic has produced some of the fastest turnarounds in history. Pharma companies Pfizer and Astrazeneca reduced the vaccine development cycle from a decade to less than a year. And City traders quickly learned that it wasn’t necessary to be in Canary Wharf to drive markets to commanding heights. Commercial transformation to digital has been … Read more

ALEX BRUMMER: Miners take a rare bow thanks to demand from China 

ALEX BRUMMER: Miners take a rare bow thanks to massive demand for commodities from China By Alex Brummer for the Daily Mail Published: 22:05 GMT, 16 February 2021 | Updated: 22:23 GMT, 16 February 2021 Britain is stuck in the global growth slow lane as Boris Johnson shows caution in ending lockdown. But the FTSE … Read more

ALEX BRUMMER: Lack of a Woodford scandal report heaps shame on the FCA

Of all the many cluster bombs left behind when Andrew Bailey left the Financial Conduct Authority (FCA) for the Bank of England a year ago, the most dangerous was the closure of Neil Woodford’s investment empire. The decision left up to 500,000 savers exposed to an estimated half-a-billion pounds of losses. It is aggravating and … Read more

ALEX BRUMMER: Chancellor must put oomph behind recovery

ALEX BRUMMER: Chancellor Rishi Sunak has a chance to put some oomph behind coronavirus recovery: he should go for it By Alex Brummer for the Daily Mail Published: 21:53 GMT, 12 February 2021 | Updated: 21:53 GMT, 12 February 2021 The major advanced economies have each gone about combating fallout from the pandemic in different … Read more

ALEX BRUMMER: UK takes the open road

ALEX BRUMMER: If Brussels and Frankfurt continue to punish Britain for leaving the EU they will end up hurting themselves By Alex Brummer for the Daily Mail Published: 21:50 GMT, 11 February 2021 | Updated: 21:50 GMT, 11 February 2021 Data doesn’t lie, but it can mislead. Disclosure that the Euronext-owned Amsterdam stock exchange traded … Read more

ALEX BRUMMER: Bank caught in crossfire as Bailey battles it out

ALEX BRUMMER: Bank caught in the crossfire as Bailey fights his corner over LCF scandal By Alex Brummer for the Daily Mail Published: 23:11 GMT, 9 February 2021 | Updated: 23:11 GMT, 9 February 2021 The sight of two senior members of the Establishment battling like ferrets in a sack is unusual. When it involves … Read more

ALEX BRUMMER: You pay workers £132m to stay at home EVERY DAY… how long can it go on?

Each day as I drive past a historic local pub, the Plough, on the fringes of London’s Richmond Park on my way to work, my mind turns to the real costs of lockdown. It includes the money spent by the landlord last year to create an outdoor drinking area; the lost revenues from duties on … Read more

ALEX BRUMMER: Government must play a hand to bring Arm back to Britain

Release our smart chips: Government must play a hand to bring Arm back to Britain, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 21:51 GMT, 4 February 2021 | Updated: 21:51 GMT, 4 February 2021 When Softbank arranged the £30billion sale of Britain’s top technology firm, Cambridge-based Arm Holdings, to gaming chip … Read more