In today’s world of global business and finance, people make agreements in whatever currency they like and under whatever legal system they choose.
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09 April 2014, Financial Times
21 March 2014, Financial Times
The man who “laboureth much, and sparing the fruits of his labour, consumeth little” should not, Hobbes argued, pay more “than he that liveth idlely, getteth little, and spendeth all he gets”.
19 March 2014, Financial Times
The test of an organisational structure is not how it handles success but how it copes when things go wrong.
26 February 2014, Financial Times
Whatever Mr Salmond may say, there has to be a plan B.
05 February 2014, Financial Times
Obtaining better information about companies is essential to the efficiency of markets and society: obtaining it fractionally earlier is of no public value at all.
08 January 2014, Financial Times
When the sea defies mankind’s efforts to keep it in place, the shore people want these costs, too, to fall on the public at large.
30 November 2013, Financial Times
The centre of political gravity in Scotland is far to the left of that of the UK and that is at the centre of the concerns – widely held but little expressed – of Scottish business over independence.
27 November 2013, Financial Times
The Olympiad was a good party, which cost the British population about £200 per head.
09 October 2013, Financial Times
My decision not to read the terms of agreement when purchasing a new television is not the result of my stupidity and ignorance, but my wisdom.
02 October 2013, Financial Times
Negotiations over Scottish independence are framed by the observation that neither the rest of the UK nor the EU has anything significant to gain from such negotiation – or any wish to conduct such negotiation at all.
26 June 2013, Financial Times
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