Patrick Hosking

Cost of govt borrowing creeping up as Reeves speaks. Ten year gilt yield up a modest 5 bps in last 45 mins

This is a very bad idea - even framed as “encouragement” rather than instigation - and I keep hoping Labour will abandon it. Governments don’t know the “correct” (ie portfolio-efficient) allocation to a particular asset class, and shouldn’t be intervening. ft.com/content/9b026f…

Gilts plunging, cost of govt borrowing up steeply. On Richter scale of alarm, this one day move is roughly two-thirds of a Kwarteng on the day of his mini budget

Two surprising entrants on HMRC's list of "deliberate tax defaulters" - people who deliberately didn't pay tax they knew was due (not because they couldn't afford it; because they just didn't want to pay it).

Free! Free! Free! A couple of weeks ago I wrote about my son Charlie and the amazing scientists who have changed our lives. It’s now free to read (like EVERYTHING else) on The Times and Sunday Times this weekend thetimes.com/article/0bcc68…

No paywall for Times stories this weekend. This was my take on that tearful Neil Woodford interview a couple of months back No pahttps://www.thetimes.com/business-money/money/article/neil-woodfords-tearful-interview-left-big-questions-unanswered-d7cg656pf

How capitalism at its rawest bankrolls medical research Paywall for Times articles has been lifted all this weekend PS Klarna announced intention to float on Friday evening thetimes.com/business-money…

Some annunition for next time another govt minister wangs on about "unlocking pension surpluses" Paywall for Times articles is down all weekend thetimes.com/business-money…

How to make a “life-changing” sum of money at 26. No paywall for Times stories this weekend Augmentum boss: ‘Silicon Valley tech bros aren’t very good at financial services, we are’ thetimes.com/article/347855…

There is no Times paywall this weekend. In the undying spirit of self-promotion, here are some pieces of mine from the last few years .

Even this man takes voiced questions from journos once a year. Unlike ftse 100 co @Schroders , which today resorted to a new format where only written questions filtered by its PR man were possible at its annual press conf. Deeply depressing

Saba Capital Income and Opps Fund II reveals £7.4m stake in £2bn Smithson (SSON) at 31 October reports ⁦@HoskingTheTimes⁩. Fund manager Simon Barnard says broker JP Morgan believes it ‘took a little nibble’ and exited. Close call or was a deal done? thetimes.com/article/4177fb…

Very good col from my colleague @alistairosborne. Musk has serious case to answer and his infantile belittling of the SEC doesn't change that thetimes.com/business-money…

“All the lights are flashing red” for US equities at the moment, said Anthony Bolton. Speaking at @EdinburghLoM this evening, the former Fidelity Special Situations fund manager suggested index-tracking funds are exacerbating the situation.

What to do about CGT, masterfully explained thetimes.com/business-money…

Nice evocative piece from Sir Richard Lambert on a world long gone tortoisemedia.com/2024/09/24/pat…

Brilliant piece from @davidwighton exposing myth we are under-fuelled by venture capital thetimes.com/business-money…

And by confusing the public by constantly referring to the rate of inflation as "inflation" as though it's the level of prices itself. Media NEVER show this graph (ONS data) and the public have no idea

CPI prices in the UK rose month on month by the highest amount since last May in both Feb and Mar this year (up 0.6 per cent in each case). The month on month figs show inflation if anything getting worse, not better. This is disguised by the framing of inflation in annual terms

Alan, Where was this cutting from and when published please? I can't immediately find it in any database