Vince Cable

After the Storm, at the High Pay Centre

I attended a seminar organised by the High Pay Centre last night on the new public company pay regulations introduced two years ago. Speakers were Vince Cable who lead those changes when he was in power, and Ben Chu of The Independent, with the former promoting his new book "After the Storm". Vince covered some past history and his current concerns. That included a comment that interest rates were now lower than they had ever been before - indeed since Babylonian times ...

Who are the Election Winners and Losers?

Who are the General Election winners and losers? Well most investors have benefited because the market as a whole has risen today after the election results gave the Conservatives an unexpected victory. Specific sectors that benefited were house builders and utility companies. House builders were generally up at the time of writing this note, with Berkeley Group in particular up 10% - no doubt investors being relieved there would be no mansion tax affecting expensive properties in London.  Utility companies were ...