Author Archives: Rick

Is the corporate zeitgeist changing? After 30 years of shareholder primacy and focus on shareholder value, the language seems to have shifted. In what may be a sign of the times, the FT has started a Moral Money Forum, focusing … Continue reading →

We knew the latter half of 2020 would see arguments about Brexit, lockdown restrictions, masks and the US election. What we didn’t foresee was that, in many places, the row of the summer and autumn would be about Low Traffic … Continue reading →

The latest forecast for the UK economy from the Office for Budget Responsibility shows an almost-but-not-quite recovery. It starts off v-shaped with a rapid bounceback, then becomes tick-shaped as the recovery slows. The tick has a long tail and, over … Continue reading →

Last week’s GDP figures showed the depth of the economic contraction during the lockdown and the extent of the bounceback afterwards. The decline was unprecedented but so was the subsequent growth. This is what happens when you switch the economy … Continue reading →

“It’s begun,” said Resolution Foundation chief executive Torsten Bell, as the increase in unemployment fed through into the labour market statistics for the first time. He also reminded employers that there were 45 days to go until the end of … Continue reading →

Theresa May was horrified by the idea of a trade border between Great Britain and Northern Ireland.  “No United Kingdom prime minister could ever agree to it,” she said. No sovereign state, least of all one that still claimed world … Continue reading →

I bet Dominic Cummings did a little happy dance when someone scrawled graffiti on the Cenotaph during a Black Lives Matter protest. He probably opened a bottle when the Archbishop of Canterbury announced a review of statues in churches. These are … Continue reading →