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 …
Personal Finance
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 …
Barclays seek to strike out a chunk of £500m English investor lawsuit
British bank Barclays was back in court today as it sought to strike out part of the lawsuit against it by a group of investors over allegations of fraud made …
Paris 2024 firm anti-sex beds leave Olympic athletes stiff
The so-called anti-sex cardboard beds at the Paris 2024 Olympic Village have left athletes stiff with firm mattresses causing discomfort. Australian water polo player Tilly Kearns said on social media: …
Sam Torrance: Of course super Schauffele can do Career Grand Slam
This was a magnificent Open Championship at Royal Troon and Xander Schauffele’s magnificent golf made him a thoroughly deserving winner. I can’t remember a year when there have been so …