Despite the surname, this correspondent thought he’d jump on a train to central London, Sunday afternoon, and try and catch a glimpse of Elizabeth the Second, by the Grace of God of the United Kingdom of Great Britain and Northern Ireland.
Big mistake. Here’s my best snap: Read more
Some highlights from Monday’s FTfm.
RPI revamp risks ruining linker returns
Proposed changes to the calculation of UK inflation data could “ruin” the £338bn index-linked gilt market and leave investors nursing heavy losses. However, the proposals would also reduce the liabilities of the majority of private sector occupational pension schemes by eroding the retirement income of their members. Read more