The post-pandemic luxury market was unstoppable. Record profits driven by China’s reopening and the revenge-on-lockdown ‘urge to splurge’ sent profits at all the major luxury brands to unbelievable highs. Briefly, …
Estate Planning
Explainer: Why has an iron curtain been erected in central Paris?
Olympic security has barricaded central Paris off to all but a few residents. Has it all gone too far? It’s like a crime scene. Metal fences have been erected, paths …
Renationalisation won’t get our railways back on track
Slow, crowded and expensive, there’s no doubt our railways need a major overhaul – but it’s far from clear that Great British Railways is the answer, says Emma Revell One …
Tedium alone won’t restore confidence in the economy
The theory of Ricardian Equivalence posits that financing public spending out of taxes or borrowing will have the same overall economic consequences. This, David Ricardo argued in 1820, was because …
How to help save the rainforest in Peru while you travel
The air is thick under the humid rainforest canopy in Peru’s Amazonian basin. Insects hum and the squawks of circling macaws echo through the trees. I’m silently crouching on the …
Meet the fund managers: Investing from Turkey to Abu Dhabi
In this new weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Adnan El-Araby, co-manager of the Barings Emerging …
US multi-sport group interested in Hundred team despite concerns
An American multi-sport ownership group has expressed interest in investing in the Hundred – but has concerns over the feasibility of buying a controlling stake in a franchise. The 100-ball …
Aston Villa confirm £50m deal with Everton for Amadou Onana
Aston Villa confirmed the signing of Belgium international midfielder Amadou Onana yesterday in a deal worth £50m. The 22-year-old heads to the Champions League side from Everton having played every …
Skills England launched with pledge to cut ‘over-reliance’ on migrant labour
The government launched its shake-up of skills training in an attempt to address the “fragmented and broken” landscape and reduce reliance on overseas labour. Skills England, a new government body, …
Telegraph sale: Former chancellor Nadhim Zahawi hunts backers for £600m bid
Nadhim Zahawi, former Chancellor and current chair of the Barclay family-owned Very Group, has reportedly rallied a number of billionaire backers to sponsor a potential £600m bid for The Telegraph …