David Oakley

2 results

Low interest rates have spurred a desperate search for yield. This has encouraged investors to buy investment grade, high-yield and emerging market bonds to supplement treasuries and gilts

A growing number of professional investors are warning that bonds are overvalued as fears grow that a fixed income bubble will collapse in a disord(...)

Tesco said its profit overstatement related to a trading update at the end of last month, when it unveiled its biggest profit alert
 and cut its dividend and slashed planned investment
. Photograph: Peter Macdiarmid/Getty Images

Tesco, Britain’s biggest retailer and one of its great corporate success stories of the past decade, has been thrown into turmoil after disclosing (...)