Page 2307 

LATEST

Top Firm Plans To Add 'Hundreds'

The Financial Times reports that Barclays Wealth is about to embark on a major expansion programme, and will add 'hundreds' of bankers as the unit bids to 'break into the top ranks of global wealth managers'.

HOT LIST

FEATURED

Oil Barrels

Fears for US economy as shale industry goes into hibernation

America’s fracking revolution is becoming a victim of its own success. The controversial boom in shale gas and oil has driven the US economic recovery and helped lower world crude prices. But a price plunge from $115 (£75) a barrel last June to just above $50 last week means many shale operations no longer pay.

Alan Greenspan still pic

Ayn Rand would have been 110, and still influential years later

Modern-day capitalism has no shortage of heavyweight scholars - names such as Milton Friedman, Adam Smith, Friedrich von Hayek and Murray Rothbard are among the most prominent names that surface among free market thinkers. Yet the person most frequently evoked by proponents and detractors alike was neither a trained economist nor a traditional businessperson.