High utility dividend bad for infrastructure

Lenders say they are flush with capital but leverage ratios tell a different story

Once bosses realise what is afoot they know they risk being tarred themselves

The key spending variable to suppress is each project’s cost of capital

UK should help small businesses hold banks properly to account

UK taxpayers have gained little by paying richly for public infrastructure

New York climate lawsuit shows need for greater clarity on emissions policy risks

Warehousing and financing will test businesses’ efforts to keep supply chains moving

Box-ticking rules inhibit the necessary common sense and scepticism

The witchcraft of modern goodwill accounting encourages overpriced M&A deals

State ownership would get round some conflicts, but at the cost of imposing others

Loan rules continue to allow lenders to take upfront profits and defer losses

A decade after the crisis, a bank’s accounts tell you little about its risks

Sector has become increasingly dependent on flighty institutional funding

Group’s governance is about value extraction as much as selling cars