In recent years, companies have been deserting the UK stock market as if it were a sinking ship. But what brought on this sudden aversion? According to some, Britain’s pension funds are the culprits, and Exhibit A the traditional defined benefit schemes that used to dominate the savings scene. Neil and Jonathan talk to William Wright, supremo of think tank New Financial, about how this shocking crime came about, name the victims, and ponder what can be done about it.
Japanese shares are testing highs they haven’t seen since 1990, just as the country’s great asset bubble was declining. There have been plenty of false dawns in the past, but this time, as Japan expert and value investor Alex Kinmont told Neil and Jonathan, it really might be different.
Lucy speaks to comedian, Neil Mullarkey, about how to make politicians communicate better with voters.Â
Neil and Jonathan talk to veteran investor and author Richard Oldfield about active fund managers, how to judge them and whether they are worth the money.
Subscribe to Reaction and receive unlimited access to the site, our daily email with analysis every evening and invites to online events.
© Copyright 2023 Reaction Digital Media Limited – All Rights Reserved. Registered Company in England & Wales – Company Number: 10166531.
