The City Grump

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Don't finance your business with debt

- The City Grump

The government has asked Legal & General CEO Tim Breedon to look into how non-bank sources of debt finance can be developed. You might as well ask: "Which type of poison would you like to kill you?"

Topics: Finance

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2011: the year of smoke and mirrors

- The City Grump

From quantitative easing and the FSA to News International and the Royal wedding, our City Grump columnist reviews the smoke and mirrors of 2011.

Topics: Finance

Margaret Thatcher

What on earth would Margaret Thatcher think?

- The City Grump

David Cameron needs to step away from the glossy magazine pages, go and see Margaret Thatcher, and take a leaf from the Iron Lady's book of leadership.

Topics: Finance

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The first casualty of (financial) war is truth

- The City Grump

The war being waged by politicians and bankers to combat 40 years of profligate overspending by western governments and households is seeing us subjected to an endless procession of lies, disinformation and cover-ups.

Topics: Finance

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News Corp: a culture run amuck

- The City Grump

Everyone blames “rampant nepotism and failed corporate governance" for the News Corp scandal. But a bunch of non-execs and a pile of corporate governance manuals wouldn't have made a blind bit of difference.

Topics: Management & HR

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Equity financing RIP?

- The City Grump

The Chancellor used his speech to the City this week to announce a programme of bank sales. No time, then, to underline the importance of equity investing to the financial health of the City and the country.

Topics: Finance

Sir Fred Goodwin

Can an affair damage your business?

- The City Grump

The media has been recently filling up many column inches with the marital infidelities of the rich and famous. Is there a lesson for business in there?

Topics: Finance