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Nils Pratley on finance

The Guardian's financial editor on the biggest issues in business
  • Nils Pratley

    Nils Pratley on finance
    The best long-term plan for Thames Water is to get it back on the stock market

    Nils Pratley
    The discipline of being a listed company should mean an end to the days of ultra-high leverage and opaque corporate structures
  • Nils Pratley

    Nils Pratley on finance
    Do not let Thames Water’s bondholders wriggle off the hook

    Nils Pratley
    Nils Pratley: Bondholders are hoping to escape intact if Ofwat is sufficiently generous with its increases in bills
  • Nils Pratley

    Nils Pratley on finance
    Compelling deal for Carlsberg but lacking in fizz for Britvic investors

    Nils Pratley
    Soft drinks maker puts on a display of verbal gymnastic as takeover helps Danish brewer to enlarge its UK business
  • Nils Pratley

    Nils Pratley on finance
    Houses and pylons: Labour’s biggest business challenges

    Nils Pratley
    The party’s targets of building 1.5m homes over five years and decarbonising the electricity grid by 2030 look a stretch
  • Nils Pratley

    Nils Pratley on finance
    Is Shein really worth £50bn? Reasons to be sceptical are piling up

    Nils Pratley
    Shein failed to list in the US and now the EU is planning customs duties that may dent its business model
  • Nils Pratley

    Nils Pratley on finance
    M&S gets it right (finally) on annual meetings. Others should make an effort

    Nils Pratley
    Last year’s ‘digital-only’ event ruffled feathers. This year’s hybrid meeting fuelled greater attendance and more openness
  • Nils Pratley

    Nils Pratley on finance
    BP has scaled back its green energy plans – don’t be surprised if it happens again

    Nils Pratley
    The oil major’s net zero plans have made it a sector leader but have yet to win over investors while fossil fuels are booming
  • Nils Pratley

    Nils Pratley on finance
    Fat fees for Royal Mail’s advisers, no detail for its shareholders

    Nils Pratley
    The offer document for proposed £3.6bn takeover of Royal Mail parent company couldn’t be more vague
  • Nils Pratley

    Nils Pratley on finance
    Britvic should play hardball: no Fruit Shoots on the cheap for Carlsberg

    Nils Pratley
    The J2O and Robinsons maker’s shares are on the rise – so it is well placed to hold out for a sweeter deal
  • Nils Pratley

    Nils Pratley on finance
    The future is delayed at Ocado (again)

    Nils Pratley
    As shares drop by 12%, the ‘permanent shift to online grocery shopping’ its boss predicted during Covid looks absurd
  • Nils Pratley

    Nils Pratley on finance
    Advice to Rachel Reeves: rename the national wealth fund

    Nils Pratley
    Labour’s plans to invest £7.3bn over the next parliament hardly blows the doors off and risks being overegged
  • Nils Pratley

    Nils Pratley on finance
    More Melroses, fewer Sheins: the real definition of success for London

    Nils Pratley
    Look to Simon Peckham’s return with Rosebank Industries for an example of where the market should place value
  • Nils Pratley

    Nils Pratley on finance
    Wake up, fund managers: the Royal Mail bid needs more scrutiny

    Nils Pratley
    Big shareholders should speak out on whether the Daniel Křetínský-led £3.6bn takeover offer represents a fair price
  • Nils Pratley

    Nils Pratley on finance
    Is the Tesla board in charge of a public company or the Elon Musk fan club?

    Nils Pratley
    If Musk is awarded an astronomic $56bn pay award for a second time, it will amount to an astonishing lack of self-reflection
  • Nils Pratley

    Nils Pratley on finance
    South West Water owner’s boss should lose all bonuses after Devon parasite outbreak

    Nils Pratley
    Pennon boss Susan Davy gave up part of pay for a second year, but she should also miss cash from long-term incentive plan
  • Nils Pratley

    Nils Pratley on finance
    Great British Energy will be welcome – but Labour risks over-selling it

    Nils Pratley
    Promise to invest in ‘cheap, clean, homegrown energy’ ticks every box but £8.3bn over a parliament is not game-changing
  • Nils Pratley

    Nils Pratley on finance
    Is the British Gas boss really worth £8.2m?

    Nils Pratley
    The share price recovery has been partly driven by the surge in wholesale energy prices, which is beyond his control
  • Nils Pratley

    Nils Pratley on finance
    Book festival activists are making absurd demands over Baillie Gifford

    Nils Pratley
    Insistence on investment purity misses the point and will only lead to a decline in arts sponsorship
  • Nils Pratley

    Nils Pratley on finance
    Forget Thames Water, National Grid has proved investors will still back UK assets

    Nils Pratley
    The infrastructure company easily raised almost £7bn in a rights issue – because it has its balance sheet in order and plans to invest
  • Nils Pratley

    Nils Pratley on finance
    M&S’s revival is the real deal – don’t mess it up again

    Nils Pratley
    The retail giant has clocked up 12 consecutive quarters of sales growth but it must remember mistakes of the past
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