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Investment matters

Later this month investors in Neil Woodford’s flagship fund Equity Income will receive their first pay out since it was suspended – known as “gated” in the trade. “ Equity income” is a misnomer as the equities were mainly private companies and illiquid (he could find no market [...]

January 25, 2020 // 0 Comments

How the world goes around

As I begin today’s post I need to declare an interest – I do not believe in God. That registered, I would also like to add that I do not consider myself to be anti-religion per se, say in the style of Professor Richard Hawkins who delights in crusading (to use a word) against those who [...]

January 24, 2020 // 0 Comments

The importance of realism

Let us be blunt – despite all its special camaraderie and virtuous trappings rugby union is no different to any other sport at the highest elite level. Without donning the rose-tinted glasses, down through its illustrious amateur history those who played the game, and its many fans, wallowed in a [...]

January 23, 2020 // 0 Comments

Back to the future, maybe

This organ used to pride itself on its unique and contrary, slightly left-field ‘oldie’ takes on aspects of modern living. Indeed this was the central theme our board’s USP when pitching for the US$1.6 billion funding injection in the fall of 2016 that took us into exclusive league of [...]

January 22, 2020 // 0 Comments

Banks – revisited

The issue of bank service – or lack of it – is something discussed in this illustrious organ and I make no apology in returning to it now after a recent visit. There are only 2 Barclays banks in the centre of  the city in which I live, one of which was closed for refurbishment. I had [...]

January 21, 2020 // 0 Comments

I suppose you could (just) make it up

Following Sandra McDonnell’s piece in the Rust touching upon the Saracens scandal engulfing rugby’s English Premiership, here is a link to a piece by Robert Kitson that appears today upon the website of – THE [...]

January 18, 2020 // 0 Comments

Final day, summing up and travel

We all spent one week within the luxurious confines of the Mamounia.  Almost out of guilt a trip was planned to see the sun set on the amber walls of El Fna Square aspected by the Atlas Mountains but there was not that much enthusiasm primarily as we had seen already this in better light and [...]

January 16, 2020 // 0 Comments

Once more unto the breach (again)

Earlier this week I attended a speed awareness course for (I suspect) the main reason that anyone opts to do so – in order to avoid a fine and three points on my licence after being ‘nabbed’ exceeding the speed limit on whatever type of road I was driving on at the time somewhere in the East [...]

January 16, 2020 // 0 Comments

On life and death

As someone in their seventh decade I consider myself both lucky and privileged to still be conducting an occasional correspondence with my godfather that has endured over half a century. A former academic who lives on the far side of the world, at 97 he still reads avidly, takes the Times Literary [...]

January 12, 2020 // 0 Comments

Day three

As the politicians say “I have nothing more to add” to the two posts on Marrakech and the Mamounia, but of course I will. We flew British Airways, an airline that has made huge profits under the stewardship of Willie “Slasher” Walsh but also has had a strike, left passengers [...]

January 11, 2020 // 0 Comments

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