The pensions crisis is a bit like the one currently afflicting the NHS: it never seems to go away.
As George Osborne starts his new job advising BlackRock, perhaps he might take some time to ponder the mess we are all about to stumble into. I refer not to the DB meltdown, nor the real challenges...
Japanese stocks have more than doubled their returns since December 2012, on the back of Abenomics, but many investors are still not convinced of the sustainability of the rally.
Shares up 15% on Friday