Gordon Brown’s reforms to CGT encouraged stock market speculators and private equity asset strippers, while it was the Thatcher government that brought rates into line with income tax.
Inter’s players celebrate after winning the 2023–2024 Italian Serie A.
Matteo Bazzi / EPA
Inter Milan become the latest elite European football club to be taken over by a US investor.
The for-profit nursing home sector is growing, and it places a premium on cost cutting and big profits, which has led to low staffing and patient neglect and mistreatment.
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Owners of midsize nursing home chains harm the elderly and drain huge sums of money from facilities using opaque accounting practices while government doesn’t do enough to stop it.
The for-profit nursing home sector is growing, while placing a premium on cost cutting and big profits.
picture alliance via Getty Images
Owners of midsize nursing home chains drain billions from facilities, hiding behind opaque accounting practices and harming the elderly as government, which has the power to stop it, falls short.
Crown Resorts has plumbed astonishing ethical and moral depths in pursuit of profits. Private equity giant Blackstone is also chasing a profit – from redeeming Crown’s reputation.
Karl Schmedders, International Institute for Management Development (IMD) and Patrick Reinmoeller, International Institute for Management Development (IMD)
Despite a boom in IPOs, a larger number of companies are going in the opposite direction.
Supermarket chain Morrisons is just one of many bidding targets.
Jim Wileman/Alamy
The UK government is about to reform social care, but the focus is likely to be on funding, not the companies that are allowed to have a stake in the sector.
Liverpool manager Juergen Klopp talks with American owner John W Henry at Anfield in 2016.
Reuters / Phil Noble Livepic
A major factor in the collapse of Thomas Cook relates to an increasingly important financial market phenomenon, especially for distressed firms, known as the “empty creditor” problem.
Elon Musk changed his mind about privatizing Tesla.
AP Photo/Paul Sakuma