Articles by Michael Prest
Attitudes to pay can change sharply from one era to the next. We are now entering a period of greater restraint at the top. But is it just a pause? And how will it be enforced?
The government is missing a vital opportunity to restore the fortunes of British manufacturing
Many of the old industries have gone and its image is still poor, but British manufacturing has reinvented itself over the past 20 years and remains an essential part of the economy—as the...
How did a few dodgy loans in the US housing market lead to a mini-crisis in Britain's banking system?
The wobble in global markets illustrates the dilemma of regulation: do nothing and you face disaster; bail out speculators and you encourage more recklessness
So many overseas students are choosing to study in Britain that higher education is now one of our major exports. Plus, do soaring commodity prices presage inflation?
Faced with social obligations on one side and increased competition on the other, Royal Mail is in trouble. But the government is leaving the hard decisions to Postcomm
China's stock markets are experiencing a classic speculative frenzy which may lead to a massive crash. And is the spectre of inflation returning to Britain?
Defenders of private equity say it improves efficiency, creates jobs and offers better returns to investors. But it runs against the trend for more accountability