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“Hidden leverage” was the cause of the “entirely predictable” liability-driven investment (LDI) crisis of the past two months, a Work and Pensions Committee (WPC) inquiry has been told.
The past two weeks have seen significant amounts of time, energy, intellect, and ink spent analyzing what went wrong with liability-driven investment (LDI), and the ex-post rationalization of what was not a black swan event.
“Let’s turn Covid and Brexit to our advantage”, declared Emma Duncan in an article in The Times on 6 January – an eminently sensible idea.
Gloria Hunniford has joked that she wants to be buried in her shoulder pads and with her hair curlers. Now living in Kent, she said that as a child growing up in Portadown, Co Armagh that she never liked her first name. In a wide-ranging interview with Best magazine she revealed: “I hated the name Gloria when I was young. Why would you call a child Gloria? “Imagine being two years old and someone shouting at you, ‘Gloria, come in now.’ I hated it!” The Rip Off Britain host and Loose Women panellist also joked that she has instructed second husband, hairdresser Stephen Way, of her fu...