RUTH SUNDERLAND: Covid loosening baby boomer dominance

RUTH SUNDERLAND: Economy that emerges from Covid rubble will be very different – youngsters who come of age in Generation Pandemic will lead way Demographics will have a huge effect on the UK and other developed economies in the coming years  The baby boomer stranglehold is being broken, slowly, perhaps, but the pandemic will speed … Read more

RUTH SUNDERLAND: Lessons learned from a plague year

RUTH SUNDERLAND: New Year is always a time for reflection but never more so than the strange, muted first days of 2021 – so what have we learned? Lives and businesses have changed in ways that would have been unimaginable at the start of 2020  In business, Covid-19 has delivered a coup de grace to … Read more

RUTH SUNDERLAND: FCA watchdogs need to wake up

The failings of City watchdogs is not a tremendously festive subject, but it is an important one. Andrew Bailey, the Governor of the Bank of England, has been in the firing line over the collapse of a firm called London & Capital Finance, which went under while he was chief executive of the Financial Conduct … Read more

RUTH SUNDERLAND: Wealth taxes don’t work

RUTH SUNDERLAND: Persecution of supposedly rich, whilst imagining rest of us can escape share of bill not realistic way to repair national balance sheet Covid-19, a virus with no respect for wealth or status, has reminded us of our common humanity  It has also exposed deep inequalities – we may be in the same storm … Read more

RUTH SUNDERLAND: Old are valuable asset to economy

RUTH SUNDERLAND: Affluent ‘young-old’ have amassed billions of savings before and during pandemic and will be spending it once virus has been tamed As a society, we are conflicted in our attitudes to old age and the economics of an ageing population  We are simultaneously protective and dismissive, a contradiction that has been highlighted by … Read more

RUTH SUNDERLAND: Business rides to the rescue

RUTH SUNDERLAND: Business is up to the challenge of using coronavirus as a catalyst for change – as long as politicians don’t muck it up Many of those going under are victims of their over-indebtedness and bad management, not the virus The coronavirus vaccine has the potential to pull us out of our financial funk … Read more

RUTH SUNDERLAND analyses the fallout as Debenhams and Arcadia go to the wall 

This is, without a doubt, the bleakest moment on Britain’s high streets since the Second World War. Only the demise of Woolworths, in the financial crisis of 2008, comes anywhere near to the tragedy this week as two of the biggest names in British retail have been brought to their knees. Once the grande dame … Read more

RUTH SUNDERLAND: Treasury on Tees, please Chancellor

RUTH SUNDERLAND: Setting up Treasury North on Teesside would be a huge show of faith – it would be an investment that will deliver real returns Rishi Sunak sees himself as a Northern Chancellor but does not conform to the old Andy Capp stereotype His plan to tilt the balance of economic power away from … Read more

RUTH SUNDERLAND: Money in pensions needs putting to work

RUTH SUNDERLAND: Investing in the regions will see us through the current crisis – but the money is languishing unproductively in our pensions Chancellor Rishi Sunak plans to plough billions over five years into transport, digital, housing, energy and green projects Final salary pension funds sit on around £2trillion of assets  By Ruth Sunderland for the … Read more

RUTH SUNDERLAND: The UK’s nuclear moonshot

How will we keep the lights on in the UK?  Calls to combat climate change have gained traction in the pandemic, as Covid-19 has heightened sensitivities to risks of other kinds.  In the thick of one catastrophe, policymakers have become more receptive to avoiding others. But the idea that we can meet our energy needs … Read more