
A Long Time In Finance
The long view of finance, markets and money as seen by two veteran City editors, Neil Collins and Jonathan Ford. Sponsored by Briefcase.News Hosted on Acast. See acast.com/privacy for more information.
Latest episodes

Mar 29, 2024 • 24min
Fallen Angels: GEC/Marconi - From Bellwether to Basket Case
GEC was a British manufacturing titan; a cash-rich producer of everything from washing machines to railway trains. Then in a few years, it rebranded and restructured, shedding most of the old industrial bits to focus on telecoms. The result? By 2005, shiny new Marconi was no more. In the second of our Fallen Angel series, we talk to industrial historian Nick Comfort about one of the most abrupt collapses in UK corporate history and its heavy industrial cost Presented by Jonathan Ford and Neil Collins.With Nicholas Comfort.Produced and edited by Nick Hilton for Podot.In association with Briefcase.News Hosted on Acast. See acast.com/privacy for more information.

Mar 22, 2024 • 24min
Fallen Angels: The Fall of the House of ICI
Writer and industrial commentator Nick Comfort discusses the fall of ICI, a leading British manufacturing company. They delve into ICI's self-sabotage, struggles in adapting to markets, impact of leadership decisions, and the company's demerger. The conversation highlights the implications of corporate raiders, ownership shifts, and the importance of industrial policies in supporting British firms.

Mar 8, 2024 • 27min
The Internet, AI, And the Madness of Crowds
Remember Pets.com? Or Ask Jeeves? The dot com bubble of 25 years ago might have been a seismic event in markets. But was it just a collective moment of madness, or a deeper transformational moment? Or both? As AI stocks shoot towards the stratosphere, we talk to internet historian Brian McCullough, host of the Techmeme Ride Home podcast, about what we can learn from the last great tech bubble.Presented by Jonathan Ford and Neil Collins.With Brian McCullough.Produced and edited by Nick Hilton for Podot.In association with Briefcase.News Hosted on Acast. See acast.com/privacy for more information.

Mar 1, 2024 • 24min
The Economic Consequences of Roger Bootle
One of Britain's better-known economic forecasters, Roger Bootle, set up his consultancy Capital Economics 25 years ago. He made his name predicting the "death of inflation" on which he wrote an influential book in the 1990s. We discuss the importance of economic history, favourite writers, monetarism, bright spots in the world economy, and Britain's many problems with growth.Presented by Jonathan Ford and Neil Collins.With Philip Augar.Produced and edited by Nick Hilton for Podot.In association with Briefcase.News Hosted on Acast. See acast.com/privacy for more information.

Feb 23, 2024 • 23min
BP, Black Monday and Nigel Lawson's Big Bet
In the second of our series on Privatisation and Popular Capitalism, we look at the biggest and riskiest privatisation of all - the 1987 sale of the UK's 31% stake in BP. How the Chancellor Nigel Lawson gambled that the markets were good for a quick £7bn. Prepare for the world's shortest pricing meeting, diplomatic rows with Kuwaitis and lots of long faced underwriters. And our guest Philip Augar delivers the verdict: was it a disaster narrowly averted or a triumph for the new City of London?Presented by Jonathan Ford and Neil Collins.With Philip Augar.Produced and edited by Nick Hilton for Podot.In association with Briefcase.News Hosted on Acast. See acast.com/privacy for more information.

Feb 16, 2024 • 26min
Tell Sid: Popular Capitalism and the Thatcher Revolution
Along with the sale of council houses, privatisation was a signature theme of Mrs Thatcher's government. Its aim was not just more efficient businesses, but a "share owning democracy" that would purge Britain of the "corrosive effect of socialism". With its "Tell Sid" campaign, British Gas was the high water mark of privatisation. Neil and Jonathan talk to author Philip Augar about "stagging", Cedric the Pig and how privatisation changed the City. Presented by Jonathan Ford and Neil Collins.With Philip Augar.Produced and edited by Nick Hilton for Podot.In association with BRIEFCASE.NEWS Hosted on Acast. See acast.com/privacy for more information.

Feb 9, 2024 • 30min
The Price Is Wrong: Why Free Markets And Climate Don't Mix
What if our understanding of capitalism and climate is back to front? What if the problem is not that transitioning to green energy is too expensive, but that saving the planet is not sufficiently profitable. This is the conundrum at the heart of economist Brett Christophers' provocative new book. Neil and Jonathan joined him to discuss why lower wind and solar costs may not equal a green bonanza.Presented by Jonathan Ford and Neil Collins.With Brett Christophers.Produced and edited by Nick Hilton for Podot.In association with Briefcase.News Hosted on Acast. See acast.com/privacy for more information.

Feb 2, 2024 • 23min
Zen And The Art of Motor Car Maintenance
Unipart, once an unloved division of British Leyland, has grown steadily since its buyout 37 years ago, eschewing the stock market and building a "Mittelstand" like relationship with employees, customers and suppliers. Neil and Jonathan talk to John Neill, its long standing boss, about car parts, purpose versus City short-termism and why more companies don't embrace the "Unipart Way".Presented by Jonathan Ford and Neil Collins.With John Neill.Produced and edited by Nick Hilton for Podot.In association with Briefcase.News Hosted on Acast. See acast.com/privacy for more information.

Jan 26, 2024 • 26min
The Weird World of The Barclay Twins
To some it might seem like the plot of a Jeffrey Archer novel: identical twins born to hardship who graft their way up together and ultimately get to own the Ritz Hotel, the Daily Telegraph and a socking great castle in the Channel Islands. But the story of Frederick and David Barclay is much stranger than that. With the Barclays back in the news as they attempt to recover control of the Telegraph, Neil and Jonathan talk to journalist Jane Martinson about the invisible rise of the twins, their complex finances and their ultimate falling out.Presented by Jonathan Ford and Neil Collins.With Jane Martinson.Produced and edited by Nick Hilton for Podot.In association with Briefcase.News Hosted on Acast. See acast.com/privacy for more information.

Jan 19, 2024 • 26min
The Ups and Downs of Bill Gross, Bond King
Bill Gross was the "Master of the Universe" who got the world's attention when he declared in 2010 that UK government debt was sitting "on a bed of nitroglycerine". The man who built the modern bond markets, Gross seemed to have it all. But then he blew up his career just a few short years later with some very strange behaviour. We talk to Mary Childs, journalist and author of a book on Gross, about the strange life and times of a bond market Icarus and his dead cat Bob. Presented by Jonathan Ford and Neil CollinsWith Mary Childs.Produced and edited by Nick Hilton for Podot.In association with Briefcase.News Hosted on Acast. See acast.com/privacy for more information.