Merryn Talks Money

Burnbrae’s Mellon Says Shell and BP Are Good Long-Term Investments

The British government is woefully incompetent, says Burnbrae Chairman Jim Mellon. But of course that doesn’t mean you can’t buy UK equities. Mellon tells Merryn Somerset Webb on this week’s Merryn Talks Money that fossil fuel giants Shell and BP are good long-term investments, as are British defense stocks and financial services companies.  Sign up to John Stepek's daily newsletter Money Distilled. <a data-destination="rte:bind" href="https://www.bloomberg.com/account/newsletters/uk-wealth">https://www.bloomberg.com/account/newsletters/uk-wealth</a> See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.