A natural monopoly delivering an essential service, Thames Water was privatised in 1989 with no debt. Now it’s on its knees, crushed by more than ÂŁ15bn of borrowings. Neil and Jonathan talk to Feargal Sharkey about what this says about Mrs Thatcher’s most controversial privatisation, whether incentive regulation works, and whether we should just scrap the whole private structure and start again.
Neil and Jonathan speak to Jim Leaviss, one of Britain’s best known bond fund managers, about the huge bull market in bonds.
Neil and Jonathan look at the recently appealed cases of Tom Hayes and Carlo Palumbo, and ask whether justice has been served.
Neil and Jonathan talk to author Geoff White about how Silicon Valley is helping criminals launder their digital winnings online.
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