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Wells Street Journal: It may not be Everest but twice is a bit steep, surely …


Paul McMillan, former editor of Money Marketing, had one wish upon his departure – that his beloved Wells Street Journal would not become a home for dull PRs and corporate charity pleas.

With this in mind, we promise this will be the last fundraising story for at least a week.

MM head of news Tom Selby, who only last week returned from three-days of wodka swilling at a Polish wedding, is set to take on an epic charity challenge. Alongside AJ Bell marketing director Billy Mackay and eight other hardy souls/idiots, Selby will hike up and down Ben Nevis (pictured)  twice in one day (21 miles in total).

He will then get a good night’s sleep (and definitely not go down the pub for a lock-in) before setting off on a 36-mile bike ride from Ullapool to Bonar Bridge in Scotland.

The event is to raise money for Finding Your Feet, a charity set up by friends of Corinne Hutton, a childhood friend of Mackay’s, who had a quadruple amputation as a result of septicaemia.

In addition to raising funds for bionic prosthetic limbs for Corinne, the purpose of the charity is to support people in a similar position who do not have the support network she has benefited from.

If you’d like to donate, please visit


Reforming India: just the beginning

By Kunal Desai, Neptune India Fund

As global investors continue to scour emerging markets through the lens of reform potential, India shines bright. Indeed, we think it can sparkle even brighter. We anticipate India’s self-imposed 10-year ‘policy holiday’ to turn into one of the most pro-growth and pro-investment policy calendars seen in Asia in years. The Indian electorate has engineered a historic verdict. We now have the strongest Indian government since 1984, with the pro-market Bharatiya Janata Party (BJP) achieving an absolute majority for the first time in the party’s history.


‘Budget reforms designed to boost tax take’

A former senior adviser to the Government says the pension freedoms set out in the Budget were motivated by wanting to bring forward tax revenues and could leave pensioners worse off. The Financial Times reports that Chris Daykin, who was government actuary for the UK from 1989 to 2007, is concerned about the Budget reforms […]

Shelton: Target markets – clarity is essential

Marketing experts base much of their communications and service design on well-defined target markets. The same principles apply to advice businesses. To test where you stand answer the following: Could everyone in the business describe your main target markets? Do the advisers target the same groups of clients? Do you lose out collectively because you […]


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