Merryn Somerset-Webb

Sell Madrid, buy Berlin

They see the choice not as between investing in Spain or in Switzerland but between, say, pharmaceuticals and retail.

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Zoe Strimpel

TGI Fridays was doomed from the beginning

Few will mourn the demise of TGI Fridays, which collapsed into administration this week. The restaurant chain’s 87 branches in the UK have been put up for sale. Only a fool would think they could turn around TGIs’ fortunes. The truth is that the British obsession with American food, and specifically American diners, was never

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