How investor ‘tourism’ in biotech industry can both bruise it – and supercharge it February 13, 2022 The pandemic trigged an “astonishing” surge in the biotech industry, with red-hot stock valuations and a flood of IPOs. The industry caught the eye of retail investors and a series of lockdown measures leaving many people homebound with spare time and easy access to online trading platform, saw many dive into these ‘on trend’ stocks. [...]
London renters compete for homes with Powerpoint presentations and pet CVs as stock levels sink March 3, 2022 Prospective renters are going above and beyond to win landlords’ affections as stock levels for homes have diminished. The disappearance of Covid restrictions has sparked a revival for the capital’s rental market, while estate agents report historically low levels of stock. High demand has seen rents surge past pre-pandemic levels and London landlords are once [...]
Capitalism has saved us from the pandemic, we need to defend free markets October 21, 2021 In the last few weeks, the news has been flooded with reports about fuel shortages. While the worst of it has waned, it has posed fundamental questions about how we function as a society and how we keep Britain moving. The pandemic certainly saw the return of big government. The state is now a larger [...]
Try fine German wine at fabulous Somerset House September 16, 2021 Eva Fricke’s wines are much sought-after, often going for as much as £3,000 per half-bottle at auction. Her Lorcher Krone Riesling Trockenbeerenauslese 2019 is the first wine to score 100 points from the respected American publication The Wine Advocate. Only eighteen bottles are in existence. Now you can sample some of her wares alongside those [...]
The spectre of entrenched inflation will soon hit loss-making start-ups hard February 18, 2022 Larry Summers was Treasury Secretary to Bill Clinton, Barack Obama’s Director of the National Economic Council, and President of Harvard University. When he offers an economic prediction, therefore, he is worth listening to. A recent one was sobering. Summers believes we are entering a period of “higher entrenched inflation”. Make no mistake: inflation is a [...]
Why the Turkey earthquake shouldn’t stop you booking a holiday in a disaster zone February 12, 2023 The crisis in Turkey reminds Justine Gosling of her trip to the Dominican Republic after the hurricane hit in 2022. Her message is that visiting countries affected by natural disasters – safely, of course – can help strengthen their economy. Donate to the Disaster Emergency Committee appeal here to help the search for survivors and [...]
Global ETF boom continues with record inflows in first half of the year July 28, 2021 Global exchange traded funds (ETFs) attracted record inflows in the first six months of 2021, as investors poured in amid low interest rates, an equities rally and “cheap money” lending. Investors worldwide ploughed $639.8bn into ETFs between January and June, a half year record and more than double that of the same period last year, according [...]
Tesco bags over £10bn in sales as customers still favour home cooking June 18, 2021 Supermarket giant Tesco has taken in over £10bn in UK sales over the last quarter, with customers still in the habit of home cooking over restaurant dining as restrictions gradually lift. The UK, the chain’s main market, brought in a slight 0.5 per cent lift to sales in the 13 weeks to 29 May, in [...]
East London: Homes damaged as tornado rages through Barking and Dagenham June 26, 2021 Homes have been damaged amid reports of a tornado in east London last night. Footage shared on social media showed collapsed garden walls, bricks strewn across driveways and fallen tree branches scattered across the road in Barking on Friday. Police said they were called at about 7.20pm to reports of damage to roofs, electrical equipment [...]
The best sports cars to buy in 2022 November 18, 2022 We nominate the best sports cars on sale in 2022, from the eccentric Morgan Super 3 to the venerable Porsche 911.