Editor's note.

AuthorHolmes, Lawrie

Whenever there is uncertainty, companies tend to hoard cash. This month's cover feature explores why UK companies are holding on to [pounds sterling]754bn, while combined eurozone companies are hoarding [pounds sterling]2tn and US corporates $1.8tn. But although this reflects fear of the future, it also suggests that these vast war chests will be available to kick-start a global recovery whenever the corner is turned.

When that happens depends as much on the eurozone. Mail on Sunday economics editor Dan Atkinson considers what would happen if the euro project finally comes unstuck.

Alarm over what happens in Europe can easily overshadow the growing might of Asian corporate power. The Data shows a stark picture of just how far China's biggest companies have come. Prime Number, our other...

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