How did fund managers end up controlling so much of the essential services on which we rely, from water to electricity and property? Who gave them the money? And does it matter that they do? Neil and Jonathan talk to author Brett Christophers, whose new book Our Lives in Their Portfolios argues that the giant funds that dominate the landscape are driven by terrible incentives – and that’s why they are running our infrastructure into the ground.
A Long Time in Finance: the mystery of Dame Linda Dobbs
Neil and Jonathan talk to Ian Fraser about Lloyds Bank and the HBOS Reading Affair and its parallels with the Post Office scandal.