Calum Muirhead

As Birmingham faces an uncertain future following last week's fractious local elections, it's former leader says the troubled authority could have avoided bankruptcy were it not for a miscalculation by it's pension fund. Read below from @PatrickTooher👇 thisismoney.co.uk/money/markets/…

Cindy Rose, WPP’s new CEO, has received her first rebuke from investors after more than a quarter voted against her proposed £11m potential maximum annual pay package at its annual general meeting.

Must read piece by @ruthiesun and @Cal_Muirhead in @DailyMail on "besieged" #InvestmentTrusts Edinburgh Worldwide and Impax Environment Markets ‘...the @TheFCA is not taking enough regard of the plight of private investors. It needs to step up,’ said Suarez, chair of IEM. Features comments from our CEO @rwstone1 and chair of Edinburgh Worldwide. dailymail.co.uk/money/markets/…

A US activist investor decides to intervene in a UK fund and this is the result, as @Cal_Muirhead reports. Shouldn't savers enjoy greater protection against such raids?

MARKETS - Crude oil prices have surged by over 19%, now trading at $108. - Heating oil up 15% - Gasoline up 10% - Australia's share market is down by 3.7% - Japan's Nikkei futures plunge by over 7%

Eyebrows have been raised at the estimates for bumper stamp duty revenues in 2030-2031. These are partly based on the government's v ambitious general election housebuilding pledges being achieved. The problem is that this seems mostly unlikely 🏠🏘

As Starmer's attempts to boost ties with the US, EU and China are thrown into disarray, Tory leader Kemi Badenoch has backed calls for a deeper partnership between the CANZUK nations to prevent Britain becoming a vassal of the superpowers Read more here 👇 thisismoney.co.uk/money/markets/…

At Tuesday’s Spring Statement, Rachel Reeves will try and pull the wool. She’ll say the plan is working. But we all know it isn’t. We’re getting poorer. Unemployment is at pandemic levels and rising. We have the highest borrowing costs in the G7. Britain deserves honesty - and a plan to fix our economy. But if the briefings are to be believed, Reeves will come to Parliament on Tuesday and take no action whatsoever. In today’s @DailyMail, I set out a few home truths to a Chancellor who is out of her depth, out of touch, and rapidly running out of road👇🏻

.@Cal_Muirhead covers @AICPRESS calling for the regulator and government ‘to protect retail shareholders’ interests’ and stop the ‘repetitive attacks’ by Saba on the sector for @thisismoney. tinyurl.com/4ffmj9x7

The UK's net zero drive could end up costing Britons as much as £4.5 trillion, according to modelling quietly published last month by the government's power grid operator. Read more below in today's Mail on Sunday 👇 dailymail.co.uk/news/article-1…

NEW: 1/The government is poised to announce a u-turn on sharp increases to the business rates bill faced by pubs. It's expected that the government will reduce the so called "multiplier" - the percentage of a pubs rateable value used to calculate business rates bills....

As Zelensky prepares to meet Trump for peace talks, today's MoS reports from Horishni Plavni, a town in the heart of Ukraine that hosts the giant Poltava pit, owned by mining group Ferrexpo, as it prepares to mark a fourth year of war. Read more below 👇 thisismoney.co.uk/money/markets/…

Lots of big tax rises, mostly happening around election year. What could possibly go wrong?

Rachel Reeves can count herself (at least a bit) lucky. OBR productivity downgrade would have knocked £16 billion off tax receipts. But she was saved by £32 billion of *extra* receipts from higher inflation and a shift to more tax-rich growth (lower profits, higher wages).

Budget 2025 - the highest tax rates ever

OBR - Oops, Budget Released

See our story from August below 👇 thisismoney.co.uk/money/pensions…

Great to see the plight of Hong Kong BNO holders in the UK being given more coverage following the Mail's work on the issue of Beijing freezing their pension savings. ft.com/content/8b91b6…

...and even savers who think that they are not exposed to AI stocks could be hit, as I explain. You may think you're investing around the globe, but, in fact, your fund may be mostly focused on the tech titans of Silicon Valley 💲 #financialmailonsunday

There are more warnings of global meltdown. But where could it start? Taiwan is one location, as @Cal_Muirhead and @PatrickTooher report ...