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RUTH SUNDERLAND: Pandemic will result in new ways of living and working and the virus could be a catalyst for faster action on climate change The soap operas we watch today have their origins in the ingenuity of business when faced with tough times British businesses have already adapted to coronavirus – when one sales … Read more
Shocking CCTV shows moment robbers, 31 and 41, smashed clubber on the head with a bottle before stealing his phone as they are both jailed for six-and-a-half years James Donohue and Graeme Chappell attacked the man on December 29, 2019 The 32-year-old victim was hit over the head with a bottle by the attackers The … Read more
Welcome to Lockdown, Mark Two, and quail at the size of the bill. If anyone were in any doubt over the vast harm to our prosperity caused by the virus – and measures to combat it – they shouldn’t be any longer, not after the multi-billion pound lifeboats launched by the Chancellor and the Bank … Read more
The pandemic might, just might, be a blessing in disguise for Marks & Spencer, unlikely as it may seem given the near £90million loss it has run up in just six months, its first in nearly a century of trading. Let’s not underestimate the scale of the woe. The troubles afflicting chief executive Steve Rowe … Read more
RUTH SUNDERLAND: Our national finances are in better fettle than Italy, the most heavily indebted nation in Europe after Greece, but we are in danger of becoming far too complacent Chancellor Rishi Sunak does not have a bottomless well on which to draw James Callaghan’s Labour government was forced to borrow $3.9billion from the IMF … Read more
RUTH SUNDERLAND: Wall Street starting to believe that Joe Biden in the Oval Office and the Democrats in control would boost economy more than Donald Trump President Trump warns that Democrats would destroy the economy Trump has not fulfilled his bombastic claims in 2016 of ushering in the greatest period of growth ever By Ruth … Read more
The unceremonious way British Airways has pressed the ejector button on its boss Alex Cruz is a sign of just how desperate the situation is at our national airline. Mr Cruz is paying the price for the pandemic – and for presiding over the most toxic period in BA’s industrial relations in recent memory. That … Read more
RUTH SUNDERLAND: The trouble with shareholder primacy is that investors tend to tolerate bad behaviour so long as it seems lucrative American economist Milton Friedman was a huge influence on the thinking of Margaret Thatcher and Ronald Reagan Even Gordon Gekko’s ‘Greed is Good’ mantra is a simplistic interpretation of his theory By Ruth Sunderland … Read more
RUTH SUNDERLAND: When people lack confidence, they pile money into savings accounts, even at negative rates – only solution is to restore calm Consumer spending has recovered, even though consumer confidence is low Britons are saving at extraordinarily high levels, even though they are losing money in real terms as a result By Ruth Sunderland … Read more
Banks have so far managed to avoid making themselves major villains in the pandemic. Unlike some insurers, which have tried to wriggle their way out of paying valid claims to small firms, they have been working with the Government to support business and families. Covid-19 has presented our High Street lenders with an opportunity to … Read more