London Is Still Vulnerable To Sudden Financial Shock, MPs Warn Treasury


City is still vulnerable to sudden financial shock, MPs warn Treasury

Politicians have called on the Treasury to undertake a series of war games with regulators and the Bank of England to combat a “surprising and urgent gap” in its readiness for another financial crisis. The report from MPs on the Public Administration Select Committee said it had “not seen sufficient evidence” that the Treasury appreciated the…

Baupost’s Seth Klarman Suggests That The U.S. Could Be Uninvestable One Day

Seth KlarmanIn his 2021 year-end letter, Baupost's Seth Klarman looked at the year in review and how COVID-19 swept through every part of our lives. He blamed much of the ills of the pandemic on those who choose not to get vaccinated while also expressing a dislike for the social division COVID-19 has caused. Q4 2021 Read More

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