The FT has reported this morning that: Companies hard hit by Covid-19 may have to put dividends on hold if they are facing a cash
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The fundamental pension contract is failing
People think that pensions are all about saving, financial speculation, and living off your money in old age. The trouble is that this model of
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The savings bonds that could transform our future
I wrote yesterday about my idea for issuing bonds to fund the new investment that will be required in the UK economy after coronavirus. My
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How to use local and hypothecated bond issues to fund the recovery
I made a suggestion in a video yesterday that it is now essential to the restoration of balance within the UK economy that the accumulating
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Tax After Coronavirus (TACs) : Restricting pension tax relief
The reasons why wealth needs to be subject to additional taxation has been discussed in another Tax After Coronavirus (TACs) post, with all links being supplied
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Falling dividends make clear the folly of saving in the stock market to fund pensions
The Financial Times has reported this morning that: Royal Dutch Shell has cut its dividend for the first time since the second world war as
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All mandatory pension scheme contributions should be cancelled right now: this is not the time to pour good money after bad
As I am writing stock markets in London have opened and are 5% down on Friday’s closing prices. The tumble goes on. The awareness that
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When the reform of capitalism is essential so too is the reform of its accountability
Ann Pettifor had a very good article on Black Rock in the Guardian late last week. As she rightly pointed out, its newfound commitment to
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Feral finance is crashing the pension system as well as the UK’s politics
Brexit is an example of feral finance at work. But it is not the only one. Neil Woodford’s now failed activities in the funds management
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Richard Murphy
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