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Out of Context

Out of Context Phil Young

“My train’s at seven but I could be very drunk by that point.”

Threesixty MD Phil Young discourages a Money Marketing hack from trying to call late in the day.

“I have made a virtue of not being posh.”

New Bank of England press officer Sarah Bailey tries to convince an MM hack she isn’t a toff.

“The sun is shining, it’s glorious out there but I’m still bloody miserable.”

An upturn in the weather fails to raise PMI Independent Financial Advisers director John Stewart’s spirits.

“I was supposed to be going to my brother’s stag do but my wife’s about to drop.”

London & Colonial’s Adam Wrench’s wife’s pregnancy gets in the way of a trip to Lanzarote.

“Top marks for effort to the boiler room scammer who rang me. Not phased by me being an IFA and stuck with his Sierra Leone rice story!”

Rowley Turton director Scott Gallacher misses out on the investment opportunity of a lifetime.




Peter Hamilton: Sense and accountability

The Parliamentary Commission on Banking Standards recently published its report on the failure of HBOS. The commission was clearly appalled by the level of incompetence it had discovered – not only at HBOS itself, but also at the FSA. The title of the report gives an indication of that depth of feeling: An accident waiting […]

Liontrust Income plans move to Global Equity Income sector

Liontrust Asset Management plans to broaden the mandate of its Income fund, in a move which will see the portfolio switch from the IMA UK Equity Income sector to the IMA Global Equity Income peer group. The £306m Liontrust Income fund, which is managed by Gary West, James Inglis-Jones and Samantha Gleave, will be able to […]


Queen’s speech focuses on deregulation, pensions and LTC funding

The Government has set out its legislative agenda for the next year with bills on deregulation, pensions and long-term care funding in today’s Queen’s speech. At the state opening of parliament, the Queen said her Government will build a stronger economy and a fairer society that will prioritise increasing Britain’s competitiveness and reducing the deficit. […]


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