

If you aren’t familiar with Close Brothers, it’s a FTSE 250 bank that was founded in 1878. It had (until recently) a long track record of progressive dividend growth and I added it to the UK Dividend Stocks Portfolio in 2017. Thanks to the pandemic and an ill-judged...
Close Brothers has suspended its dividend: Should I sell?

Are public inquiries too expensive?
Two issues linked to the public finances have come to the fore in the wake of the Blood Scandal inquiry. These economic issues are clearly secondary to the wider safety and public policy concerns, but let’s address them here. One is the cost of public inquiries; the...
Are public inquiries too expensive?

A Letter From Paris: The Rivoli experiment
The centre of Paris, like many cities in old Europe, was not designed for the motor car. Napoléon Bonaparte conceived the arcaded Rivoli walkway in 1802, naming it after his victorious battle near Turin. In 1855, the east-to-west Rivoli artery was finally finished by...
A Letter From Paris: The Rivoli experiment

Britain is not as broken as everyone seems to think
According to many politicians and commentators, the UK is in a very sorry state. Ahead of the general election expected this year, Labour leader Keir Starmer has pledged to “fix broken Britain”. He has spoken of his vow to “usher in a decade of national...
Britain is not as broken as everyone seems to think

52-week high and falling fast!
Bloomberg company news continually tells me that real estate shares are hitting a 52-week high. You’d have thought that was good news, and in a way, it is. But it rather masks the fact that the FTSE 100 and the FTSE All Share Index have also not just hit their 52-week...
52-week high and falling fast!