Even the 1 Per Cent can’t afford private school fees any more

A fascinating, disturbing figure hit my inbox just now, from wealth managers FF&P: school fees have risen ten times faster than income since 2010, so even the 1 Per Cent can’t afford to send their kids to fee-paying schools any longer. According to FF&P Wealth Planning, ‘Incomes of those earning between £100,000 and £499,999 per annum have … More Even the 1 Per Cent can’t afford private school fees any more

Peter Buffett’s anti-philanthropy rant helps no-one

Peter Buffett, who has become a philanthropist through the foundation set up by his father, Warren, wrote a screed in the New York Times last Friday excoriating ‘Philanthropic Colonialism’ and ‘conscience laundering’: ‘As more lives and communities are destroyed by the system that creates vast amounts of wealth for the few, the more heroic it sounds … More Peter Buffett’s anti-philanthropy rant helps no-one

Beirut’s National Museum spans a troubled history

For the next issue of Spear’s, I have written (obviously) about the opera scene in Beirut, its existence, survival and self-deceit. One part of my trip in June I couldn’t fit in was my visit to the National Museum (gallery of my pics below). It managed to represent all of Lebanon’s history – from the … More Beirut’s National Museum spans a troubled history

‘We can’t be the tail wagging the Tate dog’: Inside EY’s new sponsorship deal

‘Good business is the best art,’ said Andy Warhol (of course). So what are we to make of the announcement this week that EY (formerly Ernst & Young) are sponsoring Tate for three years? The best art seems to depend quite heavily on good business these days. The announcement of the partnership the very moment after EY … More ‘We can’t be the tail wagging the Tate dog’: Inside EY’s new sponsorship deal