RUTH SUNDERLAND: The trouble with shareholder primacy is that investors tend to tolerate bad behaviour so long as it seems lucrativeAmerican 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 theoryBy Ruth Sunderland for the Daily Mail Published: 16:51 EDT, 11 October 2020 | Updated: 16:51 EDT, 11 October 2020
Daily Mail Business Articles
Host of bosses at crisis-hit firms quietly hike pay
Bosses took pay cut to get firms through Covid crisis, but they’re already on full salaries again…even at firms facing enormous losses like easyJetBy Alex Lawson, Financial Mail On Sunday Published: 16:50 EDT, 10 October 2020 | Updated: 03:32 EDT, 11 October 2020
MPs wanting new 'meal deal' to beat curfew
MPs call on Rishi Sunak to launch new meal discount scheme to help restaurants survive 10pm curfew and local lockdownsBy Alex Lawson, Financial Mail On Sunday Published: 16:51 EDT, 10 October 2020 | Updated: 16:52 EDT, 10 October 2020
Chancellor asks IMF to bail out poor countries
Rishi Sunak set to press International Monetary Fund to ease debt burden on poorest countries hit by coronavirusBy Dan Atkinson, Financial Mail on Sunday Published: 16:51 EDT, 10 October 2020 | Updated: 16:51 EDT, 10 October 2020
HAMISH MCRAE: Hunker down for a long economic slog
HAMISH MCRAE: Coming weeks will be difficult, but recessions, whatever their cause, always feel pretty dreadful – so far long slog out of this one is intactBy Hamish Mcrae, Financial Mail On Sunday Published: 16:51 EDT, 10 October 2020 | Updated: 16:51 EDT, 10 October 2020
Bye George! Will Asda duo sell off £3bn clothes arm?
New owners of Asda consider selling supermarket giant’s £3bn clothing business GeorgeBy Neil Craven, Financial Mail on Sunday Published: 16:51 EDT, 10 October 2020 | Updated: 16:51 EDT, 10 October 2020
Banks gear up for era of negative interest rates
Banks gear up for era of negative rates: Bosses tell Bank of England they would be ready ‘in weeks’ – and plan to levy fees on their biggest clientsBy Helen Cahill, Financial Mail On Sunday Published: 16:50 EDT, 10 October 2020 | Updated: 16:50 EDT, 10 October 2020
US hedge fund Davidson Kempner could save Day at Peacocks
Fashion entrepreneur Philip Day locked in talks with US hedge fund giant Davidson Kempner to avert crisis at his business empireBy Neil Craven, Financial Mail on Sunday Published: 16:50 EDT, 10 October 2020 | Updated: 16:50 EDT, 10 October 2020
CBI boss Lord Bilimoria urges against tax hikes
Head of CBI and founder of Cobra beer Lord Bilimoria has blunt message for Chancellor: Don’t hike taxes now Rishi…give us a breakBy Alex Lawson, Financial Mail On Sunday Published: 16:50 EDT, 10 October 2020 | Updated: 16:50 EDT, 10 October 2020
I will defend our dividend to the death says Tesco boss
Tesco chairman John Allan says he will defend ‘to the death’ board’s decision to pay dividend after receiving tax breakBy Neil Craven, Financial Mail on Sunday Published: 16:50 EDT, 10 October 2020 | Updated: 16:50 EDT, 10 October 2020