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data-track-wrapper="article-list "> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/15/government-cap-rail-profits-cancels-franchising-radical-shake/" data-rel="editorial"> <span class="list-headline__text"> The Government is to cap rail profits and cancel franchising in the most radical shake up of the industry since privatisation </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst e-standfirst--card" itemprop="description" data-test="standfirst"> The plans signal Government determination to address public anger over the state of Britain’s rail services </p> <div class="u-meta card__meta "> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/oliver-gill/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Oliver Gill">Oliver Gill</span> </a> </span> </span> <time class="card__date" datetime="2020-02-15T21:30:00.000Z">15 Feb 2020, 9:30pm</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 15.148 0 0 1-.308.342 5.276 5.276 0 0 1-.504.494.961.961 0 0 0-.192.321.904.904 0 0 0-.005.037v.02h0l-.001.014v.067L.5 2.172v.624V7.433h0v.001h.5-.5v.208l.149.147.914.905.146.144H2.05l.15.294a1192.528 1192.528 0 0 1 1.27 2.506 70.464 70.464 0 0 1 .263.53l.01.022zm0 0s0 .001 0 0h0zm2.761-3.618a.195.195 0 0 1 0 0z"/> </svg> </div> </div> </div> <div class="card__thumbnail u-order-first "> <figure class="card__figure"> <img class="responsive card__image" src="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/04/05/TELEMMGLPICT000090106243_trans_NvBQzQNjv4BqC3KR36tC2BrWHMM_AXx43pUZHdSKL0ReEgurepYFQIE.jpeg?imwidth=160" srcset="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/04/05/TELEMMGLPICT000090106243_trans_NvBQzQNjv4BqC3KR36tC2BrWHMM_AXx43pUZHdSKL0ReEgurepYFQIE.jpeg?imwidth=160 160w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/04/05/TELEMMGLPICT000090106243_trans_NvBQzQNjv4BqC3KR36tC2BrWHMM_AXx43pUZHdSKL0ReEgurepYFQIE.jpeg?imwidth=210 210w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/04/05/TELEMMGLPICT000090106243_trans_NvBQzQNjv4BqC3KR36tC2BrWHMM_AXx43pUZHdSKL0ReEgurepYFQIE.jpeg?imwidth=320 320w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/04/05/TELEMMGLPICT000090106243_trans_NvBQzQNjv4BqC3KR36tC2BrWHMM_AXx43pUZHdSKL0ReEgurepYFQIE.jpeg?imwidth=350 350w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/04/05/TELEMMGLPICT000090106243_trans_NvBQzQNjv4BqC3KR36tC2BrWHMM_AXx43pUZHdSKL0ReEgurepYFQIE.jpeg?imwidth=480 480w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/04/05/TELEMMGLPICT000090106243_trans_NvBQzQNjv4BqC3KR36tC2BrWHMM_AXx43pUZHdSKL0ReEgurepYFQIE.jpeg?imwidth=640 640w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/04/05/TELEMMGLPICT000090106243_trans_NvBQzQNjv4BqC3KR36tC2BrWHMM_AXx43pUZHdSKL0ReEgurepYFQIE.jpeg?imwidth=680 680w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/04/05/TELEMMGLPICT000090106243_trans_NvBQzQNjv4BqC3KR36tC2BrWHMM_AXx43pUZHdSKL0ReEgurepYFQIE.jpeg?imwidth=960 960w" alt="Railways" sizes="(min-width: 1440px) 680px, (min-width: 768px) 50vw, 100vw"/> </figure> </div> </article> </li> <li class="article-list__item grid-col grid-col-12 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--feature-switch card--premium "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-6" data-track-wrapper="article-list "> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/15/uber-abandoned-just-eat-bid-competition-watchdoglaunched-probe/" data-rel="editorial"> <span class="list-headline__text"> Uber abandoned Just Eat bid after competition watchdog launched probe into rival takeover </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst u-hide-screen-medium e-standfirst--card" itemprop="description" data-test="standfirst"> A three-way tussle could have driven the final price for Just Eat higher than £6bn </p> <div class="u-meta card__meta card__meta-stacked--s "> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/christopher-williams/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Christopher Williams">Christopher Williams</span> </a> </span> </span> <time class="card__date" datetime="2020-02-15T21:30:00.000Z">15 Feb 2020, 9:30pm</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 15.148 0 0 1-.308.342 5.276 5.276 0 0 1-.504.494.961.961 0 0 0-.192.321.904.904 0 0 0-.005.037v.02h0l-.001.014v.067L.5 2.172v.624V7.433h0v.001h.5-.5v.208l.149.147.914.905.146.144H2.05l.15.294a1192.528 1192.528 0 0 1 1.27 2.506 70.464 70.464 0 0 1 .263.53l.01.022zm0 0s0 .001 0 0h0zm2.761-3.618a.195.195 0 0 1 0 0z"/> </svg> </div> </div> </div> <div class="card__thumbnail u-order-first "> <figure class="card__figure"> <img class="responsive card__image" src="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/10/27/TELEMMGLPICT000122945317_trans_NvBQzQNjv4BqY4-XNG_7v-V2jIZ3ghNYKCW0qTysEG4yZuBUdXGakjA.jpeg?imwidth=160" srcset="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/10/27/TELEMMGLPICT000122945317_trans_NvBQzQNjv4BqY4-XNG_7v-V2jIZ3ghNYKCW0qTysEG4yZuBUdXGakjA.jpeg?imwidth=160 160w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/10/27/TELEMMGLPICT000122945317_trans_NvBQzQNjv4BqY4-XNG_7v-V2jIZ3ghNYKCW0qTysEG4yZuBUdXGakjA.jpeg?imwidth=210 210w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/10/27/TELEMMGLPICT000122945317_trans_NvBQzQNjv4BqY4-XNG_7v-V2jIZ3ghNYKCW0qTysEG4yZuBUdXGakjA.jpeg?imwidth=320 320w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/10/27/TELEMMGLPICT000122945317_trans_NvBQzQNjv4BqY4-XNG_7v-V2jIZ3ghNYKCW0qTysEG4yZuBUdXGakjA.jpeg?imwidth=350 350w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/10/27/TELEMMGLPICT000122945317_trans_NvBQzQNjv4BqY4-XNG_7v-V2jIZ3ghNYKCW0qTysEG4yZuBUdXGakjA.jpeg?imwidth=480 480w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/10/27/TELEMMGLPICT000122945317_trans_NvBQzQNjv4BqY4-XNG_7v-V2jIZ3ghNYKCW0qTysEG4yZuBUdXGakjA.jpeg?imwidth=640 640w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/10/27/TELEMMGLPICT000122945317_trans_NvBQzQNjv4BqY4-XNG_7v-V2jIZ3ghNYKCW0qTysEG4yZuBUdXGakjA.jpeg?imwidth=680 680w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/10/27/TELEMMGLPICT000122945317_trans_NvBQzQNjv4BqY4-XNG_7v-V2jIZ3ghNYKCW0qTysEG4yZuBUdXGakjA.jpeg?imwidth=960 960w" alt="Just Eat motorcycles" sizes="(min-width: 1440px) 350px, (min-width: 768px) 25vw, 50vw"/> </figure> </div> </article> </li> <li class="article-list__item grid-col grid-col-12 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--feature-switch card--premium "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-6" data-track-wrapper="article-list "> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/15/coronavirus-impact-will-bigger-trade-war/" data-rel="editorial"> <span class="list-headline__text"> Coronavirus impact ‘will be bigger than trade war’ </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst u-hide-screen-medium e-standfirst--card" itemprop="description" data-test="standfirst"> Study predicts supply and export problems caused by China epidemic will take heavy toll worldwide </p> <div class="u-meta card__meta card__meta-stacked--s "> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/l/lizzy-burden/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Lizzy Burden">Lizzy Burden</span> </a> </span> </span> <time class="card__date" datetime="2020-02-15T20:00:00.000Z">15 Feb 2020, 8:00pm</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 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<article data-test="card" data-track="" class="card u-clickable-area card--feature card--premium "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-6" data-track-wrapper="article-list "> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/investing/shares/questor-nhs-needs-outside-capital-trust-has-made-hay-providing/" data-rel="editorial"> <span class="list-headline__text"> Questor: the NHS needs outside capital and this trust has made hay by providing it </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <div class="u-meta card__meta card__meta-stacked--xs"> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/james-ashton/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="James Ashton">James Ashton</span> </a> </span> </span> <time class="card__date" datetime="2020-02-16T05:00:00.000Z">16 Feb 2020, 5:00am</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 15.148 0 0 1-.308.342 5.276 5.276 0 0 1-.504.494.961.961 0 0 0-.192.321.904.904 0 0 0-.005.037v.02h0l-.001.014v.067L.5 2.172v.624V7.433h0v.001h.5-.5v.208l.149.147.914.905.146.144H2.05l.15.294a1192.528 1192.528 0 0 1 1.27 2.506 70.464 70.464 0 0 1 .263.53l.01.022zm0 0s0 .001 0 0h0zm2.761-3.618a.195.195 0 0 1 0 0z"/> </svg> </div> </div> </div> </article> </li> </ul> </section> <div class="commercial-unit u-full-bleed" data-test="commercial-unit"> <div class="advert-label">Advertisement</div> <div class="advert advert--banner js-advert" id="advert_tmg_bin_0" data-test="advert"></div> </div> <section class="article-list" data-test="article-list-three-col"> <div class="article-list__heading"> <div class="article-list__heading-link-wrapper u-separator-bottom--loose"> <h2 class="article-list__heading-title u-heading-1">Comment and analysis</h2> </div> </div> <ul class="article-list__list grid"> <li class="article-list__item grid-col grid-col-12 grid-col-6 grid-col-sm-4 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--feature card--premium card--opinion "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-5" data-track-wrapper="article-list Comment and analysis"> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/14/cmas-pivot-policing-mergers-could-damage-uk-competition/" data-rel="editorial"> <span class="list-headline__text"> Clampdown on mergers could make Britain less competitive </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <div class="u-meta card__meta "> <div class="card__meta-wrapper"> <span class="e-byline e-byline--opinion e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/a/ali-nikpay/" class="e-byline__link" rel="author" aria-label="Articles by Ali Nikpay"> <span class="e-byline__author" itemprop="name" content="Ali Nikpay">Ali Nikpay</span> </a> </span> </span> <time class="card__date" datetime="2020-02-14T16:00:00.000Z">14 Feb 2020, 4:00pm</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 15.148 0 0 1-.308.342 5.276 5.276 0 0 1-.504.494.961.961 0 0 0-.192.321.904.904 0 0 0-.005.037v.02h0l-.001.014v.067L.5 2.172v.624V7.433h0v.001h.5-.5v.208l.149.147.914.905.146.144H2.05l.15.294a1192.528 1192.528 0 0 1 1.27 2.506 70.464 70.464 0 0 1 .263.53l.01.022zm0 0s0 .001 0 0h0zm2.761-3.618a.195.195 0 0 1 0 0z"/> </svg> </div> </div> </div> <div class="card__thumbnail u-order-first "> <figure class="card__figure"> <img class="responsive card__image" src="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/03/TELEMMGLPICT000112720584_trans_NvBQzQNjv4BqqVzuuqpFlyLIwiB6NTmJweNtxj9PZ-PQqqpH_qJ95Uw.jpeg?imwidth=160" srcset="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/03/TELEMMGLPICT000112720584_trans_NvBQzQNjv4BqqVzuuqpFlyLIwiB6NTmJweNtxj9PZ-PQqqpH_qJ95Uw.jpeg?imwidth=160 160w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/03/TELEMMGLPICT000112720584_trans_NvBQzQNjv4BqqVzuuqpFlyLIwiB6NTmJweNtxj9PZ-PQqqpH_qJ95Uw.jpeg?imwidth=210 210w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/03/TELEMMGLPICT000112720584_trans_NvBQzQNjv4BqqVzuuqpFlyLIwiB6NTmJweNtxj9PZ-PQqqpH_qJ95Uw.jpeg?imwidth=320 320w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/03/TELEMMGLPICT000112720584_trans_NvBQzQNjv4BqqVzuuqpFlyLIwiB6NTmJweNtxj9PZ-PQqqpH_qJ95Uw.jpeg?imwidth=350 350w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/03/TELEMMGLPICT000112720584_trans_NvBQzQNjv4BqqVzuuqpFlyLIwiB6NTmJweNtxj9PZ-PQqqpH_qJ95Uw.jpeg?imwidth=480 480w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/03/TELEMMGLPICT000112720584_trans_NvBQzQNjv4BqqVzuuqpFlyLIwiB6NTmJweNtxj9PZ-PQqqpH_qJ95Uw.jpeg?imwidth=640 640w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/03/TELEMMGLPICT000112720584_trans_NvBQzQNjv4BqqVzuuqpFlyLIwiB6NTmJweNtxj9PZ-PQqqpH_qJ95Uw.jpeg?imwidth=680 680w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/03/TELEMMGLPICT000112720584_trans_NvBQzQNjv4BqqVzuuqpFlyLIwiB6NTmJweNtxj9PZ-PQqqpH_qJ95Uw.jpeg?imwidth=960 960w" alt="CMA " sizes="(min-width: 1440px) 480px, (min-width: 768px) 33.333vw, 100vw"/> <div class="e-icon-overlay"> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 32 22" class="e-icon-overlay__image"> <g> <path d="M29,1c-2.2,1.5-4.1,3.5-5,6c4.1,0,8,3.4,8,7.5S28.6,22,24.5,22S17,18.7,17,14c0-6.1,4.6-11.7,11-14L29,1z"/> <path d="M12,1C9.8,2.5,7.9,4.5,7,7c4.1,0,8,3.4,8,7.5S11.6,22,7.5,22S0,18.7,0,14C0,7.9,4.6,2.3,11,0L12,1z"/> </g> </svg> </div> </figure> </div> </article> </li> <li class="article-list__item grid-col grid-col-12 grid-col-6 grid-col-sm-4 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--feature card--premium "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-5" data-track-wrapper="article-list Comment and analysis"> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/13/inside-murky-world-jeffrey-epstein-links-barclays-boss-jes/" data-rel="editorial"> <span class="list-headline__text"> Inside the murky world of Jeffrey Epstein – and his links with Barclays boss Jes Staley </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <div class="u-meta card__meta "> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/michael-odwyer/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Michael O'Dwyer">Michael O'Dwyer</span> </a> </span> </span> <time class="card__date" datetime="2020-02-13T21:31:34.217Z">13 Feb 2020, 9:31pm</time> </div> </div> </div> <div class="card__thumbnail u-order-first "> <figure class="card__figure"> <img class="responsive card__image" src="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/13/130220_ADB_FCA_trans_NvBQzQNjv4BqM37qcIWR9CtrqmiMdQVx7CjfFfdHMFIgXMptDZqPdVA.jpg?imwidth=160" srcset="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/13/130220_ADB_FCA_trans_NvBQzQNjv4BqM37qcIWR9CtrqmiMdQVx7CjfFfdHMFIgXMptDZqPdVA.jpg?imwidth=160 160w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/13/130220_ADB_FCA_trans_NvBQzQNjv4BqM37qcIWR9CtrqmiMdQVx7CjfFfdHMFIgXMptDZqPdVA.jpg?imwidth=210 210w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/13/130220_ADB_FCA_trans_NvBQzQNjv4BqM37qcIWR9CtrqmiMdQVx7CjfFfdHMFIgXMptDZqPdVA.jpg?imwidth=320 320w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/13/130220_ADB_FCA_trans_NvBQzQNjv4BqM37qcIWR9CtrqmiMdQVx7CjfFfdHMFIgXMptDZqPdVA.jpg?imwidth=350 350w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/13/130220_ADB_FCA_trans_NvBQzQNjv4BqM37qcIWR9CtrqmiMdQVx7CjfFfdHMFIgXMptDZqPdVA.jpg?imwidth=480 480w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/13/130220_ADB_FCA_trans_NvBQzQNjv4BqM37qcIWR9CtrqmiMdQVx7CjfFfdHMFIgXMptDZqPdVA.jpg?imwidth=640 640w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/13/130220_ADB_FCA_trans_NvBQzQNjv4BqM37qcIWR9CtrqmiMdQVx7CjfFfdHMFIgXMptDZqPdVA.jpg?imwidth=680 680w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/13/130220_ADB_FCA_trans_NvBQzQNjv4BqM37qcIWR9CtrqmiMdQVx7CjfFfdHMFIgXMptDZqPdVA.jpg?imwidth=960 960w" alt="Epstein and Staley " sizes="(min-width: 1440px) 480px, (min-width: 768px) 33.333vw, 100vw"/> </figure> </div> </article> </li> <li class="article-list__item grid-col grid-col-12 grid-col-6 grid-col-sm-4 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--feature card--premium card--opinion "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-5" data-track-wrapper="article-list Comment and analysis"> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/14/rbs-name-change-valentines-day-gift-new-boss-rose/" data-rel="editorial"> <span class="list-headline__text"> RBS name change is Valentine's Day message from new boss Rose </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <div class="u-meta card__meta "> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/ben-marlow/" aria-label="Ben Marlow" class="card__link"> <div class="lazy-image card__author-image " style="padding-top:%;" data-js="LazyImage" data-class="lazy-image__img" data-src="/web/20200216113720oe_/https://www.telegraph.co.uk/content/dam/Author%20photos/Ben_Marlow.png?impolicy=byline-author" data-alt="Ben Marlow"> <noscript> <img class="responsive lazy-image__img card__author-image " src="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/Author%20photos/Ben_Marlow.png?impolicy=byline-author" alt="Ben Marlow"/> </noscript> </div> </a> <div class="card__meta-wrapper"> <span class="e-byline e-byline--opinion e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/ben-marlow/" class="e-byline__link" rel="author" aria-label="Articles by Ben Marlow"> <span class="e-byline__author" itemprop="name" content="Ben Marlow">Ben Marlow</span> </a> </span> </span> <time class="card__date" datetime="2020-02-14T13:22:08.882Z">14 Feb 2020, 1:22pm</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 15.148 0 0 1-.308.342 5.276 5.276 0 0 1-.504.494.961.961 0 0 0-.192.321.904.904 0 0 0-.005.037v.02h0l-.001.014v.067L.5 2.172v.624V7.433h0v.001h.5-.5v.208l.149.147.914.905.146.144H2.05l.15.294a1192.528 1192.528 0 0 1 1.27 2.506 70.464 70.464 0 0 1 .263.53l.01.022zm0 0s0 .001 0 0h0zm2.761-3.618a.195.195 0 0 1 0 0z"/> </svg> </div> </div> </div> <div class="card__thumbnail u-order-first "> <figure class="card__figure"> <img class="responsive card__image" src="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/14/TELEMMGLPICT000224497247_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=160" srcset="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/14/TELEMMGLPICT000224497247_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=160 160w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/14/TELEMMGLPICT000224497247_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=210 210w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/14/TELEMMGLPICT000224497247_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=320 320w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/14/TELEMMGLPICT000224497247_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=350 350w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/14/TELEMMGLPICT000224497247_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=480 480w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/14/TELEMMGLPICT000224497247_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=640 640w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/14/TELEMMGLPICT000224497247_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=680 680w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/14/TELEMMGLPICT000224497247_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=960 960w" alt="Roses" sizes="(min-width: 1440px) 480px, (min-width: 768px) 33.333vw, 100vw"/> <div class="e-icon-overlay"> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 32 22" class="e-icon-overlay__image"> <g> <path d="M29,1c-2.2,1.5-4.1,3.5-5,6c4.1,0,8,3.4,8,7.5S28.6,22,24.5,22S17,18.7,17,14c0-6.1,4.6-11.7,11-14L29,1z"/> <path d="M12,1C9.8,2.5,7.9,4.5,7,7c4.1,0,8,3.4,8,7.5S11.6,22,7.5,22S0,18.7,0,14C0,7.9,4.6,2.3,11,0L12,1z"/> </g> </svg> </div> </figure> </div> </article> </li> </ul> </section> <section class="article-list" data-test="article-list-three-col"> <ul class="article-list__list grid"> <li class="article-list__item grid-col grid-col-12 grid-col-6 grid-col-sm-4 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--feature card--premium "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-5" data-track-wrapper="article-list "> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/13/intu-unknown-1bn-rights-issue-may-not-solve-shopping-centre/" data-rel="editorial"> <span class="list-headline__text"> Intu the unknown: £1bn rights issue may not solve shopping centre owner’s problems </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst e-standfirst--card" itemprop="description" data-test="standfirst"> Owner of malls including Lakeside and the Trafford Centre is buckling under the weight of £5bn debt and depressed valuations </p> <div class="u-meta card__meta "> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/r/rachel-millard/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Rachel Millard">Rachel Millard</span> </a> </span> </span> <time class="card__date" datetime="2020-02-13T07:00:00.000Z">13 Feb 2020, 7:00am</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 15.148 0 0 1-.308.342 5.276 5.276 0 0 1-.504.494.961.961 0 0 0-.192.321.904.904 0 0 0-.005.037v.02h0l-.001.014v.067L.5 2.172v.624V7.433h0v.001h.5-.5v.208l.149.147.914.905.146.144H2.05l.15.294a1192.528 1192.528 0 0 1 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card__meta "> <div class="card__meta-wrapper"> <span class="e-byline e-byline--opinion e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/ryan-bourne/" class="e-byline__link" rel="author" aria-label="Articles by Ryan Bourne"> <span class="e-byline__author" itemprop="name" content="Ryan Bourne">Ryan Bourne</span> </a> </span> </span> <time class="card__date" datetime="2020-02-13T15:42:03.073Z">13 Feb 2020, 3:42pm</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 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href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/13/inside-murky-world-jeffrey-epstein-links-barclays-boss-jes/" data-rel="editorial"> <span class="list-headline__text"> Inside the murky world of Jeffrey Epstein – and his links with Barclays boss Jes Staley </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <div class="u-meta card__meta "> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/michael-odwyer/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Michael O'Dwyer">Michael O'Dwyer</span> </a> </span> </span> <time class="card__date" datetime="2020-02-13T21:31:34.217Z">13 Feb 2020, 9:31pm</time> 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class="e-standfirst e-standfirst--card" itemprop="description" data-test="standfirst"> Its chief executive said fears over coronavirus made the conference "impossible" </p> <div class="u-meta card__meta "> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/matthew-field/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Matthew Field">Matthew Field</span> </a> </span> </span> <time class="card__date" datetime="2020-02-12T19:11:14.678Z">12 Feb 2020, 7:11pm</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 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list-headline--premium u-heading-5" data-track-wrapper="article-list "> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/13/coronavirus-havoc-could-push-china-secret-recession/" data-rel="editorial"> <span class="list-headline__text"> Coronavirus havoc could push China into a secret recession </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst e-standfirst--card" itemprop="description" data-test="standfirst"> The Chinese economy could suffer an extremely rare contraction, but official figures are dubious at best </p> <div class="u-meta card__meta "> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a 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class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst e-standfirst--card" itemprop="description" data-test="standfirst"> The continent's biggest economy will struggle as Chinese customers buy fewer German cars and supplies of key components dry up </p> <div class="u-meta card__meta "> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/tim-wallace/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Tim Wallace">Tim Wallace</span> </a> </span> </span> <time class="card__date" datetime="2020-02-13T14:13:40.468Z">13 Feb 2020, 2:13pm</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 15.148 0 0 1-.308.342 5.276 5.276 0 0 1-.504.494.961.961 0 0 0-.192.321.904.904 0 0 0-.005.037v.02h0l-.001.014v.067L.5 2.172v.624V7.433h0v.001h.5-.5v.208l.149.147.914.905.146.144H2.05l.15.294a1192.528 1192.528 0 0 1 1.27 2.506 70.464 70.464 0 0 1 .263.53l.01.022zm0 0s0 .001 0 0h0zm2.761-3.618a.195.195 0 0 1 0 0z"/> </svg> </div> </div> </div> </article> </li> <li class="article-list__item grid-col grid-col-12 grid-col-6 grid-col-sm-4 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--feature card--premium card--opinion "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-5" data-track-wrapper="article-list "> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/11/china-cannot-fight-coronavirus-avert-economic-crisis-time/" data-rel="editorial"> <span class="list-headline__text"> China cannot fight coronavirus and avert an economic crisis at the same time </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <div class="u-meta card__meta "> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/ambrose-evans-pritchard/" aria-label="Ambrose Evans-Pritchard" class="card__link"> <div class="lazy-image card__author-image " style="padding-top:%;" data-js="LazyImage" data-class="lazy-image__img" data-src="/web/20200216113720oe_/https://www.telegraph.co.uk/content/dam/Author%20photos/Ambrose_Evans-Pritchard1.png?impolicy=byline-author" data-alt="Ambrose Evans-Pritchard"> <noscript> <img class="responsive lazy-image__img card__author-image " src="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/Author%20photos/Ambrose_Evans-Pritchard1.png?impolicy=byline-author" alt="Ambrose Evans-Pritchard"/> </noscript> </div> </a> <div class="card__meta-wrapper"> <span class="e-byline e-byline--opinion e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/ambrose-evans-pritchard/" class="e-byline__link" rel="author" aria-label="Articles by Ambrose Evans-Pritchard"> <span class="e-byline__author" itemprop="name" content="Ambrose Evans-Pritchard">Ambrose Evans-Pritchard</span> </a> </span> </span> <time class="card__date" datetime="2020-02-12T17:56:41.357Z">12 Feb 2020, 5:56pm</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 15.148 0 0 1-.308.342 5.276 5.276 0 0 1-.504.494.961.961 0 0 0-.192.321.904.904 0 0 0-.005.037v.02h0l-.001.014v.067L.5 2.172v.624V7.433h0v.001h.5-.5v.208l.149.147.914.905.146.144H2.05l.15.294a1192.528 1192.528 0 0 1 1.27 2.506 70.464 70.464 0 0 1 .263.53l.01.022zm0 0s0 .001 0 0h0zm2.761-3.618a.195.195 0 0 1 0 0z"/> </svg> </div> </div> </div> </article> </li> </ul> </section> <section class="article-list" data-test="article-list-four-col"> <div class="article-list__heading"> <div class="article-list__heading-link-wrapper u-separator-bottom--loose"> <h2 class="article-list__heading-title u-heading-1">In Focus</h2> </div> <div class="grid article-list__heading-intro-text u-heading-6"> <div class="grid-col grid-col-12 grid-col-sm-10 grid-col-md-9 grid-col-lg-8 grid-col-xl-7"> <p>A place for our best long reads, features, interviews and special reports from the last week</p> </div> </div> </div> <ul class="article-list__list grid"> <li class="article-list__item grid-col grid-col-6 grid-col-sm-3 grid-col-6 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--feature card--premium "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-6" data-track-wrapper="article-list In Focus"> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/09/simon-dingemans-audit-watchdog-chair-wants-take-industry-big/" data-rel="editorial"> <span class="list-headline__text"> Simon Dingemans – the audit watchdog chair who wants to take on the industry with a big bang </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst e-standfirst--card" itemprop="description" data-test="standfirst"> The FRC has been derided as 'ineffectual' and 'toothless', a reputation its new chairman is eager to change </p> <div class="u-meta card__meta card__meta-stacked--xs"> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/michael-odwyer/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Michael O'Dwyer">Michael O'Dwyer</span> </a> </span> </span> <time class="card__date" datetime="2020-02-09T08:00:00.000Z">9 Feb 2020, 8:00am</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 15.148 0 0 1-.308.342 5.276 5.276 0 0 1-.504.494.961.961 0 0 0-.192.321.904.904 0 0 0-.005.037v.02h0l-.001.014v.067L.5 2.172v.624V7.433h0v.001h.5-.5v.208l.149.147.914.905.146.144H2.05l.15.294a1192.528 1192.528 0 0 1 1.27 2.506 70.464 70.464 0 0 1 .263.53l.01.022zm0 0s0 .001 0 0h0zm2.761-3.618a.195.195 0 0 1 0 0z"/> </svg> </div> </div> </div> <div class="card__thumbnail u-order-first "> <figure class="card__figure"> <img class="responsive card__image" src="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/TELEMMGLPICT000223876085_trans_NvBQzQNjv4BqoC1KLvdKTc_v1L1R92-Vtd2CwSoF2IJS_UoSuIi6J98.jpeg?imwidth=160" srcset="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/TELEMMGLPICT000223876085_trans_NvBQzQNjv4BqoC1KLvdKTc_v1L1R92-Vtd2CwSoF2IJS_UoSuIi6J98.jpeg?imwidth=160 160w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/TELEMMGLPICT000223876085_trans_NvBQzQNjv4BqoC1KLvdKTc_v1L1R92-Vtd2CwSoF2IJS_UoSuIi6J98.jpeg?imwidth=210 210w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/TELEMMGLPICT000223876085_trans_NvBQzQNjv4BqoC1KLvdKTc_v1L1R92-Vtd2CwSoF2IJS_UoSuIi6J98.jpeg?imwidth=320 320w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/TELEMMGLPICT000223876085_trans_NvBQzQNjv4BqoC1KLvdKTc_v1L1R92-Vtd2CwSoF2IJS_UoSuIi6J98.jpeg?imwidth=350 350w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/TELEMMGLPICT000223876085_trans_NvBQzQNjv4BqoC1KLvdKTc_v1L1R92-Vtd2CwSoF2IJS_UoSuIi6J98.jpeg?imwidth=480 480w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/TELEMMGLPICT000223876085_trans_NvBQzQNjv4BqoC1KLvdKTc_v1L1R92-Vtd2CwSoF2IJS_UoSuIi6J98.jpeg?imwidth=640 640w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/TELEMMGLPICT000223876085_trans_NvBQzQNjv4BqoC1KLvdKTc_v1L1R92-Vtd2CwSoF2IJS_UoSuIi6J98.jpeg?imwidth=680 680w, 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</span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst e-standfirst--card" itemprop="description" data-test="standfirst"> The lucrative oncology market is the battleground for the two drug-making rivals </p> <div class="u-meta card__meta card__meta-stacked--xs"> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/h/hannah-uttley/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Hannah Uttley">Hannah Uttley</span> </a> </span> </span> <time class="card__date" datetime="2020-02-09T09:00:00.000Z">9 Feb 2020, 9:00am</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 15.148 0 0 1-.308.342 5.276 5.276 0 0 1-.504.494.961.961 0 0 0-.192.321.904.904 0 0 0-.005.037v.02h0l-.001.014v.067L.5 2.172v.624V7.433h0v.001h.5-.5v.208l.149.147.914.905.146.144H2.05l.15.294a1192.528 1192.528 0 0 1 1.27 2.506 70.464 70.464 0 0 1 .263.53l.01.022zm0 0s0 .001 0 0h0zm2.761-3.618a.195.195 0 0 1 0 0z"/> </svg> </div> </div> </div> <div class="card__thumbnail u-order-first "> <figure class="card__figure"> <img class="responsive card__image" 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class="card__content "> <h3 class="list-headline list-headline--premium u-heading-6" data-track-wrapper="article-list In Focus"> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/technology/2020/02/02/could-coronavirus-outbreak-create-global-electronics-shortage/" data-rel="editorial"> <span class="list-headline__text"> Could the coronavirus outbreak create a global electronics shortage? </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst e-standfirst--card" itemprop="description" data-test="standfirst"> Tech firms depend on suppliers in China for electronics, but with no end in sight to the coronavirus outbreak, a shortage could occur </p> <div class="u-meta card__meta card__meta-stacked--xs"> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/james-titcomb/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="James Titcomb">James Titcomb</span> </a> </span> </span> <time class="card__date" datetime="2020-02-03T09:21:38.174Z">3 Feb 2020, 9:21am</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 15.148 0 0 1-.308.342 5.276 5.276 0 0 1-.504.494.961.961 0 0 0-.192.321.904.904 0 0 0-.005.037v.02h0l-.001.014v.067L.5 2.172v.624V7.433h0v.001h.5-.5v.208l.149.147.914.905.146.144H2.05l.15.294a1192.528 1192.528 0 0 1 1.27 2.506 70.464 70.464 0 0 1 .263.53l.01.022zm0 0s0 .001 0 0h0zm2.761-3.618a.195.195 0 0 1 0 0z"/> </svg> </div> </div> </div> <div class="card__thumbnail u-order-first "> <figure class="card__figure"> <img class="responsive card__image" src="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/technology/2020/01/30/TELEMMGLPICT000222124634_trans_NvBQzQNjv4BqjIwIjDXBmcU79gdGK1cNfsGZb0gmBCRMltrnuANoXXY.jpeg?imwidth=160" srcset="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/technology/2020/01/30/TELEMMGLPICT000222124634_trans_NvBQzQNjv4BqjIwIjDXBmcU79gdGK1cNfsGZb0gmBCRMltrnuANoXXY.jpeg?imwidth=160 160w, 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/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/technology/2020/01/30/TELEMMGLPICT000222124634_trans_NvBQzQNjv4BqjIwIjDXBmcU79gdGK1cNfsGZb0gmBCRMltrnuANoXXY.jpeg?imwidth=680 680w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/technology/2020/01/30/TELEMMGLPICT000222124634_trans_NvBQzQNjv4BqjIwIjDXBmcU79gdGK1cNfsGZb0gmBCRMltrnuANoXXY.jpeg?imwidth=960 960w" alt="Foxconn employees wearing masks " sizes="(min-width: 1440px) 350px, (min-width: 768px) 25vw, 50vw"/> </figure> </div> </article> </li> <li class="article-list__item grid-col grid-col-6 grid-col-sm-3 grid-col-6 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--feature card--premium "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-6" data-track-wrapper="article-list In Focus"> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/08/lights-energy-price-cap/" data-rel="editorial"> <span class="list-headline__text"> Is it lights out for energy price cap? </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst e-standfirst--card" itemprop="description" data-test="standfirst"> A recent High Court ruling has given the Big Six hope that the energy price cap's days may well be numbered </p> <div class="u-meta card__meta card__meta-stacked--xs"> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/r/rachel-millard/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Rachel 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</svg> </div> </div> </div> <div class="card__thumbnail u-order-first "> <figure class="card__figure"> <img class="responsive card__image" src="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/Price-cap_trans_NvBQzQNjv4BqXLf5rZYUXGKwZgSx01hvqPv7-oMGDI5sNFB46i4M0LI.jpg?imwidth=160" srcset="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/Price-cap_trans_NvBQzQNjv4BqXLf5rZYUXGKwZgSx01hvqPv7-oMGDI5sNFB46i4M0LI.jpg?imwidth=160 160w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/Price-cap_trans_NvBQzQNjv4BqXLf5rZYUXGKwZgSx01hvqPv7-oMGDI5sNFB46i4M0LI.jpg?imwidth=210 210w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/Price-cap_trans_NvBQzQNjv4BqXLf5rZYUXGKwZgSx01hvqPv7-oMGDI5sNFB46i4M0LI.jpg?imwidth=320 320w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/Price-cap_trans_NvBQzQNjv4BqXLf5rZYUXGKwZgSx01hvqPv7-oMGDI5sNFB46i4M0LI.jpg?imwidth=350 350w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/Price-cap_trans_NvBQzQNjv4BqXLf5rZYUXGKwZgSx01hvqPv7-oMGDI5sNFB46i4M0LI.jpg?imwidth=480 480w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/Price-cap_trans_NvBQzQNjv4BqXLf5rZYUXGKwZgSx01hvqPv7-oMGDI5sNFB46i4M0LI.jpg?imwidth=640 640w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/Price-cap_trans_NvBQzQNjv4BqXLf5rZYUXGKwZgSx01hvqPv7-oMGDI5sNFB46i4M0LI.jpg?imwidth=680 680w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2020/02/07/Price-cap_trans_NvBQzQNjv4BqXLf5rZYUXGKwZgSx01hvqPv7-oMGDI5sNFB46i4M0LI.jpg?imwidth=960 960w" alt="Price cap" sizes="(min-width: 1440px) 350px, (min-width: 768px) 25vw, 50vw"/> </figure> </div> </article> </li> </ul> </section> <section class="article-list" data-test="article-list-two-col"> <ul class="article-list__list grid"> <li class="article-list__item grid-col grid-col-12 grid-col-6 grid-col-sm-6 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--premium "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-6" data-track-wrapper="article-list "> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/08/deafening-silence-london-metal-exchange-nickel-market-manipulation/" data-rel="editorial"> <span class="list-headline__text"> Deafening silence at London Metal Exchange over nickel market manipulation allegations </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst u-hide-screen-xsmall e-standfirst--card" itemprop="description" data-test="standfirst"> Chinese steel powerhouse Tsingshan bought up huge volumes of nickel before the Indonesian government announced a ban which saw prices surge </p> <div class="u-meta card__meta "> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/lucy-burton/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Lucy Burton">Lucy Burton</span> </a> </span> </span> <time class="card__date" datetime="2020-02-08T21:00:00.000Z">8 Feb 2020, 9:00pm</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 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<article data-test="card" data-track="" class="card u-clickable-area card--premium card--opinion "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-6" data-track-wrapper="article-list Economics"> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/business/2020/02/15/rishi-sunaks-dream-policies-point-tax-cuts-lower-spending/"> <span class="list-headline__text"> Rishi Sunak’s dream policies point to tax cuts - and lower spending </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <div class="u-meta card__meta card__meta-stacked--s "> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/tim-wallace/" aria-label="Tim Wallace" class="card__link"> <div class="lazy-image card__author-image card__author-image--s " style="padding-top:%;" data-js="LazyImage" data-class="lazy-image__img" 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class="article-list__list grid"> <li class="article-list__item grid-col grid-col-6 grid-col-sm-3 grid-col-6 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--feature card--premium "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-6" data-track-wrapper="article-list Money"> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/property/uk/scots-guards-running-4500-acre-scottish-estate/"> <span class="list-headline__text"> From the Scots Guards to running a 4,500-acre Scottish estate </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst e-standfirst--card" itemprop="description" data-test="standfirst"> Alastair Orr Ewing holds down two jobs – in venture capital and running Cardross </p> <div class="u-meta card__meta card__meta-stacked--xs"> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/emma-wells/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Emma Wells">Emma Wells</span> </a> </span> </span> <time class="card__date" datetime="2020-02-16T07:00:00.000Z">16 Feb 2020, 7:00am</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 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data-srcset="/content/dam/property/2020/02/14/TELEMMGLPICT000220349237_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=160 160w, /content/dam/property/2020/02/14/TELEMMGLPICT000220349237_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=210 210w, /content/dam/property/2020/02/14/TELEMMGLPICT000220349237_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=320 320w, /content/dam/property/2020/02/14/TELEMMGLPICT000220349237_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=350 350w, /content/dam/property/2020/02/14/TELEMMGLPICT000220349237_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=480 480w, /content/dam/property/2020/02/14/TELEMMGLPICT000220349237_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=640 640w, /content/dam/property/2020/02/14/TELEMMGLPICT000220349237_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=680 680w, /content/dam/property/2020/02/14/TELEMMGLPICT000220349237_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=960 960w" data-sizes="(min-width: 1440px) 350px, (min-width: 768px) 25vw, 50vw" data-alt="Alistair Orr Ewing with his two dogs in front of Cardross House"> <noscript> <img class="responsive lazy-image__img card__image" src="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/property/2020/02/14/TELEMMGLPICT000220349237_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQfyf2A9a6I9YchsjMeADBa08.jpeg?imwidth=160" alt="Alistair Orr Ewing with his two dogs in front of Cardross House"/> </noscript> </div> </figure> </div> </article> </li> <li class="article-list__item grid-col grid-col-6 grid-col-sm-3 grid-col-6 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--feature 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/content/dam/news/2019/12/25/TELEMMGLPICT000218049370_trans_NvBQzQNjv4BqySkuuxUK4LTxT1WX70dVCTscIxxVPcyo6nQo8OGWfGo.jpeg?imwidth=320 320w, /content/dam/news/2019/12/25/TELEMMGLPICT000218049370_trans_NvBQzQNjv4BqySkuuxUK4LTxT1WX70dVCTscIxxVPcyo6nQo8OGWfGo.jpeg?imwidth=350 350w, /content/dam/news/2019/12/25/TELEMMGLPICT000218049370_trans_NvBQzQNjv4BqySkuuxUK4LTxT1WX70dVCTscIxxVPcyo6nQo8OGWfGo.jpeg?imwidth=480 480w, /content/dam/news/2019/12/25/TELEMMGLPICT000218049370_trans_NvBQzQNjv4BqySkuuxUK4LTxT1WX70dVCTscIxxVPcyo6nQo8OGWfGo.jpeg?imwidth=640 640w, /content/dam/news/2019/12/25/TELEMMGLPICT000218049370_trans_NvBQzQNjv4BqySkuuxUK4LTxT1WX70dVCTscIxxVPcyo6nQo8OGWfGo.jpeg?imwidth=680 680w, /content/dam/news/2019/12/25/TELEMMGLPICT000218049370_trans_NvBQzQNjv4BqySkuuxUK4LTxT1WX70dVCTscIxxVPcyo6nQo8OGWfGo.jpeg?imwidth=960 960w" data-sizes="(min-width: 1440px) 350px, (min-width: 768px) 25vw, 50vw" data-alt="A hospital ward"> <noscript> <img class="responsive lazy-image__img card__image" 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data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst e-standfirst--card" itemprop="description" data-test="standfirst"> Analysts are forecasting negative returns for British bonds this year after costs are taken into account </p> <div class="u-meta card__meta card__meta-stacked--xs"> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/s/sam-benstead/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Sam Benstead">Sam Benstead</span> </a> </span> </span> <time class="card__date" datetime="2020-02-16T05:00:00.000Z">16 Feb 2020, 5:00am</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 15.148 0 0 1-.308.342 5.276 5.276 0 0 1-.504.494.961.961 0 0 0-.192.321.904.904 0 0 0-.005.037v.02h0l-.001.014v.067L.5 2.172v.624V7.433h0v.001h.5-.5v.208l.149.147.914.905.146.144H2.05l.15.294a1192.528 1192.528 0 0 1 1.27 2.506 70.464 70.464 0 0 1 .263.53l.01.022zm0 0s0 .001 0 0h0zm2.761-3.618a.195.195 0 0 1 0 0z"/> </svg> </div> </div> </div> <div class="card__thumbnail u-order-first "> <figure class="card__figure"> <div class="lazy-image card__image " style="padding-top:62.5%;" data-js="LazyImage" data-class="lazy-image__img" data-src="/web/20200216113720oe_/https://www.telegraph.co.uk/content/dam/investing/2020/02/14/Sunday-Money-rgb_trans_NvBQzQNjv4BqPNWJS5wlzk6YSEyfLIxTdRP1lrav2nDaynR4E8pg8A4.jpg?imwidth=160" data-srcset="/content/dam/investing/2020/02/14/Sunday-Money-rgb_trans_NvBQzQNjv4BqPNWJS5wlzk6YSEyfLIxTdRP1lrav2nDaynR4E8pg8A4.jpg?imwidth=160 160w, /content/dam/investing/2020/02/14/Sunday-Money-rgb_trans_NvBQzQNjv4BqPNWJS5wlzk6YSEyfLIxTdRP1lrav2nDaynR4E8pg8A4.jpg?imwidth=210 210w, /content/dam/investing/2020/02/14/Sunday-Money-rgb_trans_NvBQzQNjv4BqPNWJS5wlzk6YSEyfLIxTdRP1lrav2nDaynR4E8pg8A4.jpg?imwidth=320 320w, /content/dam/investing/2020/02/14/Sunday-Money-rgb_trans_NvBQzQNjv4BqPNWJS5wlzk6YSEyfLIxTdRP1lrav2nDaynR4E8pg8A4.jpg?imwidth=350 350w, /content/dam/investing/2020/02/14/Sunday-Money-rgb_trans_NvBQzQNjv4BqPNWJS5wlzk6YSEyfLIxTdRP1lrav2nDaynR4E8pg8A4.jpg?imwidth=480 480w, /content/dam/investing/2020/02/14/Sunday-Money-rgb_trans_NvBQzQNjv4BqPNWJS5wlzk6YSEyfLIxTdRP1lrav2nDaynR4E8pg8A4.jpg?imwidth=640 640w, /content/dam/investing/2020/02/14/Sunday-Money-rgb_trans_NvBQzQNjv4BqPNWJS5wlzk6YSEyfLIxTdRP1lrav2nDaynR4E8pg8A4.jpg?imwidth=680 680w, /content/dam/investing/2020/02/14/Sunday-Money-rgb_trans_NvBQzQNjv4BqPNWJS5wlzk6YSEyfLIxTdRP1lrav2nDaynR4E8pg8A4.jpg?imwidth=960 960w" data-sizes="(min-width: 1440px) 350px, (min-width: 768px) 25vw, 50vw" data-alt="Slots machine"> <noscript> <img class="responsive lazy-image__img card__image" src="/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/investing/2020/02/14/Sunday-Money-rgb_trans_NvBQzQNjv4BqPNWJS5wlzk6YSEyfLIxTdRP1lrav2nDaynR4E8pg8A4.jpg?imwidth=160" alt="Slots machine"/> </noscript> </div> </figure> </div> </article> </li> <li class="article-list__item grid-col grid-col-6 grid-col-sm-3 grid-col-6 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--feature card--premium "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-6" data-track-wrapper="article-list Money"> <a class="list-headline__link u-clickable-area__link" data-track-block href="/web/20200216113720/https://www.telegraph.co.uk/tax/income-tax/thousands-landlords-caught-tax-dodging-probe/"> <span class="list-headline__text"> Thousands of landlords caught in tax-dodging probe </span> </a> </h3> <div class="card__labels"> <span class="e-subscriber-label " data-test="subscriber-label">Premium</span> </div> <p class="e-standfirst e-standfirst--card" itemprop="description" data-test="standfirst"> The Let Property campaign has gathered force, affecting more landlords and meaning they have to repay more tax </p> <div class="u-meta card__meta card__meta-stacked--xs"> <div class="card__meta-wrapper"> <span class="e-byline e-byline--premium" data-test="byline"> <span class="e-byline__meta" itemscope itemtype="https://schema.org/Person" itemprop="author"> <a href="/web/20200216113720/https://www.telegraph.co.uk/authors/sam-barker/" class="e-byline__link" rel="author"> <span class="e-byline__bytext">By</span> <span class="e-byline__author" itemprop="name" content="Sam Barker">Sam Barker</span> </a> </span> </span> <time class="card__date" datetime="2020-02-16T05:00:00.000Z">16 Feb 2020, 5:00am</time> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 13" class="svg-icon svg-icon--speechBubble card__icon-comment"> <path d="M3.743 12.19a.284.284 0 0 1-.004-.01l-.01-.027a.488.488 0 0 1-.01-.039h0c-.003-.011-.014-.056-.014-.114.002.05.038.19.083.276.112.12.395.223.536.21a.898.898 0 0 0 .2-.101.906.906 0 0 0 .054-.052c.03-.033.049-.065.049-.065a1.828 1.828 0 0 0 .04-.071l.061-.117.21-.411.635-1.254.637-1.263.159-.314h4.907l.146-.142.927-.904.151-.148V1.73l-.145-.146-.927-.936L11.281.5H1.688l-.15.172h0l-.001.002-.005.005-.02.022a15.148 15.148 0 0 1-.308.342 5.276 5.276 0 0 1-.504.494.961.961 0 0 0-.192.321.904.904 0 0 0-.005.037v.02h0l-.001.014v.067L.5 2.172v.624V7.433h0v.001h.5-.5v.208l.149.147.914.905.146.144H2.05l.15.294a1192.528 1192.528 0 0 1 1.27 2.506 70.464 70.464 0 0 1 .263.53l.01.022zm0 0s0 .001 0 0h0zm2.761-3.618a.195.195 0 0 1 0 0z"/> </svg> </div> </div> </div> <div class="card__thumbnail u-order-first "> <figure class="card__figure"> <div class="lazy-image card__image " style="padding-top:62.5%;" data-js="LazyImage" data-class="lazy-image__img" data-src="/web/20200216113720oe_/https://www.telegraph.co.uk/content/dam/tax/2020/02/03/A-taxman-with-a-net-2_trans_NvBQzQNjv4Bqwu0qqbvea5pWR9yQosduCTPEo6J_5FiOFdHHJdJH-dk.jpg?imwidth=160" data-srcset="/content/dam/tax/2020/02/03/A-taxman-with-a-net-2_trans_NvBQzQNjv4Bqwu0qqbvea5pWR9yQosduCTPEo6J_5FiOFdHHJdJH-dk.jpg?imwidth=160 160w, /content/dam/tax/2020/02/03/A-taxman-with-a-net-2_trans_NvBQzQNjv4Bqwu0qqbvea5pWR9yQosduCTPEo6J_5FiOFdHHJdJH-dk.jpg?imwidth=210 210w, 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/web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/12/18/edf_58559144341_trans_NvBQzQNjv4BqNFUT9HN3aMY_8UYsi_TAqYzghSzW8H0tJwph0YjruZ0.jpg?imwidth=210 210w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/12/18/edf_58559144341_trans_NvBQzQNjv4BqNFUT9HN3aMY_8UYsi_TAqYzghSzW8H0tJwph0YjruZ0.jpg?imwidth=320 320w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/12/18/edf_58559144341_trans_NvBQzQNjv4BqNFUT9HN3aMY_8UYsi_TAqYzghSzW8H0tJwph0YjruZ0.jpg?imwidth=350 350w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/12/18/edf_58559144341_trans_NvBQzQNjv4BqNFUT9HN3aMY_8UYsi_TAqYzghSzW8H0tJwph0YjruZ0.jpg?imwidth=480 480w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/12/18/edf_58559144341_trans_NvBQzQNjv4BqNFUT9HN3aMY_8UYsi_TAqYzghSzW8H0tJwph0YjruZ0.jpg?imwidth=640 640w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/12/18/edf_58559144341_trans_NvBQzQNjv4BqNFUT9HN3aMY_8UYsi_TAqYzghSzW8H0tJwph0YjruZ0.jpg?imwidth=680 680w, /web/20200216113720im_/https://www.telegraph.co.uk/content/dam/business/2019/12/18/edf_58559144341_trans_NvBQzQNjv4BqNFUT9HN3aMY_8UYsi_TAqYzghSzW8H0tJwph0YjruZ0.jpg?imwidth=960 960w" alt="EDF" sizes="(min-width: 1440px) 210px, (min-width: 1024px) 16.666vw, 33.333vw"/> </figure> </div> </article> </li> <li class="article-list__item grid-col grid-col-12 grid-col-6 article-list__item--lead grid-col-sm-12 grid-col-sm-3 "> <article data-test="card" data-track="" class="card u-clickable-area card--feature-switch card--premium "> <div class="card__content "> <h3 class="list-headline list-headline--premium u-heading-7" data-track-wrapper="article-list Energy"> <a class="list-headline__link u-clickable-area__link" data-track-block 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