Sovereign debt will limit the next government’s ability to invest, says Charlie Nunn of Lloyds Banking Group

The CEO of Lloyds Banking Group – Britain’s largest lender – has warned whoever wins the general election that he or she will not be able to boost growth by increasing government borrowing. Charlie Nunn said he is a British national debt had been higher over the past fifteen years due to ‘massive shocks’ such … Read more

Norway’s sovereign wealth fund aims to destroy Musk’s monstrous Tesla payout deal

Norway’s sovereign wealth fund wants to shoot down Elon Musk’s planned $56 billion compensation package at Tesla’s annual shareholder meeting, scheduled for Thursday this week, June 13. The fund, managed by Norges Bank Investment Management (NBIM), said on Saturday it “voted against a proposal by Tesla to ratify performance-based stock options to Elon Musk, consistent … Read more