Daily Archives: July 7, 2010

Why private banks lost investors more than 60 per cent last year. Why some “low-cost” funds can land you with a much higher tax bill. And why should you pay fees to spend your own money on holiday?

 

Ruinous trust in land speculation as the route to wealth has led to expensive houses and inefficient taxes but, far worse, it ended up destabilising the entire global economy, says Martin Wolf

 

In this week’s podcast: Ed Crooks talks to the FT’s environment correspondent Fiona Harvey about two new reports on climate science; one on the IPCC and the other on the investigations into the controversial emails from the University of East Anglia. Secondly, in light of the speculation that BP is seeking out new strategic shareholders and sovereign wealth funds, Ed talks to the FT’s chief Middle East correspondent Andrew England, about Tony Hayward’s hopes of being able to achieve this in Abu Dhabi. And to give us a more detailed idea of the state of BP’s finances, we hear from one of the FT’s Lex writers Vincent Boland.

Presented by Ed Crooks

Produced by LJ Filotrani