Mortgage mis-selling accusations are a ticking time bomb
Banks are making bumper profits – but the government’s temptation will be to intervene to help struggling mortgage-owners.
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Banks are making bumper profits – but the government’s temptation will be to intervene to help struggling mortgage-owners.
Demands from the Church of England Pensions Board that Shell goes greener quicker are a blessing for the oil giant’s main rival.
Last week it was the turn of Wael Sawan, the incoming chief executive of Shell, to admit that, despite the growth of renewables, there’s a future for oil after all.
For virtue-signalling portfolio managers loath to touch the black stuff, it’s been tough to watch.
Neil Collins’ Notebook: Inflation is going to get worse before it gets better, but the Bank of England predicts a rapid fall next year. And an Elizabeth Bond may well prove to be a better investment than War Loan.
Daily Briefing: The eye-watering profits of oil and gas giants is been described as an “insult” to the millions of households facing punishingly high energy bills.
Neil Collins’ Notebook: Gas prices conjure uneasy echoes of 1974, Shell’s fortunes fail to improve, and one of the world’s finest stockpickers makes trouble.
Neil Collins’ Notebook: Britain is blundering towards a cold, high-cost energy future, as oil and gas regulators face political pressure from our government which values short-term popularity over all else.
A perfect storm has combined to make Britain an inhospitable environment for traditional energy investment, as Shell’s withdrawal demonstrates.
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