It’s not working

Monday 27th July 2020

This from the FT : ‘managers at Credit Suisse and Citigroup are struggling to persuade some senior traders to come back over the summer because they’ve become too comfortable working from their homes in Surrey or the South of France.’ Well of course they have. What would you prefer – crushing onto the tube to Canary Wharf or having a gentle stroll to the patisserie with the laptop next to a nice cafe au lait? No contest. Their bosses, of course, are none too happy since these lucky people are not within easy reach, and might be also enjoying themselves….

Oh what a tangled web

Friday 3rd July 2020

I’d been lazy and I’d let the usual blogging slip. So it wasn’t until one of my friends tried to get on my website that I realised there was something wrong. It turned out that not only had my web ‘host ‘failed to renew but the software behind the website needed an upgrade. Two days of fault finding with the web host and the very patient help of the original web designer, fixed it. Overall I’d felt fairly stupid – I’m not technical, but that’s no excuse. These days you’ve got to be online. In fact on my JazzFM business…

At last – no worries re Covid19

Wednesday 1st July 2020

I mentioned this a few weeks ago. It’s growing. There’s a grey area about who was insured for what from the pandemic. It seems to be fairly straightforward – the insurers will fight to make sure they don’t suffer another BP Deepwater cash dispenser, and the victims will pursue every wrinkle in the blame game. Lawyers are rooting deep within the ts and cs of the tiny print subsidiary paragraphs of company insurance policies to see if there’s a ‘Blimey, there’s pandemic’ section which might help those businesses which have had to close down, to claim their losses. I said…

It’s essential – the throng’s the thing

Tuesday 16th June 2020

Yesterday, Magic Monday, was when ‘non-essential’ shopping was allowed to restart. Shopping for ‘non- essentials’ caused some queues . But there was no real return to the ‘retail therapy’ days of nipping into a few stores, trying a few things on and then having a coffee and a gossip and then maybe wandering back, trying the same or similar things on again and the buying them or maybe not. Within the shopping bags is also this dull number – shops pay £17.5 billion per year in tax , 9% of the UK total, of the four largest takes , which…

Are we Covid covered ?

Wednesday 22nd April 2020

Whenever it’s all over, it won’t be. Never mind the prospect of a   V or W or “Nike Whoosh” recession, or a  “Great Depression 2” . As businesses go bust, people lose jobs and incomes, debt defaults surge, one of the major sectors of the financial industry will face some serious legal action, which will grind on for years. The financial watchdog has ordered that during the current crisis, insurance companies pay out claims to firms or explain themselves. But new research suggests that insurance cover is being reduced because of the Coronavirus pandemic,particularly over business interruption claims. Bruce…