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Notes From A Non-Executive
Risks & The Boardroom
Corporate Governance
Economics
Recent Blogs

Boards need education not regulation
I joined the board of Northern Rock a month after it suffered its humiliating run featuring long queues of anxious savers. This was my first non-executive role, despite having been a FTSE 100 Finance Director for ten years. As I sat in the board, surrounded by...

Is Morrisons property portfolio really worth £9bn?
“Fears over Morrisons estate being sold on cheap…The shops, warehouses and factories owned by Wm Morrisons could be worth almost £9 billion – double the value the supermarket chain believes they are worth, raising concerns that a buyout firm could seize the assets on...

Corporate failures: Education,not more regulation
How do we improve corporate performance and avoid more corporate failures? The government is clear: We need more regulation. ‘Restoring trust in audit and corporate governance’ is the promise of the current white paper, whose consultation period ends on 8 July. It’s...

Sir Ken Morrison – his legacy and private equity
There is a lot of discussion at the moment about the legacy of Sir Ken Morrison and whether would have approved of a private equity bid for his company. I got to know Sir Ken during his protracted takeover of Safeway (where I was CFO), so it is worth revisiting his...