Hargreaves Lansdown's fee grab
Hargreaves Lansdown are imposing an appreciable all round fee rise. I am not entirely surprised since many savers open accounts at HL without taking into account long term considerations. I think that investors should enter into long term contracts since 0.25% p.a. of the portfolio value does not seem a lot but it certainly adds up over the years where the only cost to HL is the rolling audit programmer to meet HL's custodianship obligations. The only other firm that comes ac
16 hours ago1 min read
Muslims in Trafalgar Square
It is apparently the case that to mark the end of Ramadan about four hundred Muslims assembled in Trafalgar Square and knelt over facing the National Gallery whilst presenting their bottoms to the camera. It is said that Sadiq Khan declared that this would be OK. This amazes me and I reckon that some sort of apology should be offered by the persons in charge of this obtrusive display.
2 days ago1 min read
Am I bonkers?: The Man In The Moon
About thirty years ago I was advised that stocks tended to rise in price on the run to the full moon and would decline once the peak had past. Does anybody think this is a sane theory? Written by Simon Cawkwell, March 2026
3 days ago1 min read
The Travellers' and Justin Welby
I see in today's Daily Mail that some members of The Travellers are seeking to exclude Justin Welby from renewing his membership. The fact is that his handling the Smythe case saved the Anglican church a vast sum by way of lawyers' bills. Society should be very grateful to Welby. Written by Simon Cawkwell, March 2026
Mar 141 min read
