Donald Trump’s business meddling: Crony capitalism to a Tea January 17, 2017 To understand why many large businesses and pro-market US policy wonks are anxious about a Donald Trump presidency, one has to understand the lessons of the Tea Party. No, not the recent grassroots phenomenon caricatured in the UK media. I’m talking about the Boston Tea Party of 1773 – in which American colonists, belonging to [...]
Christmas with JPMorgan: the bank picks books, sites and music for the holiday season December 16, 2016 There's still time to get a last minute gift for the banker in your life! JPMorgan's annual holiday reading list has been given an upgrade for 2016, and to mark the 10-year anniversary of the reading list, the US bank added on a few cultural and musical recommendations. The bank is actually calling the list #nextlist2017, and [...]
OurCrowd’s Jon Medved gives his tips for crowdfunding investors July 14, 2016 Israel deserves its moniker “startup nation”. There are 3,000 tech-related startups based in and around Tel Aviv alone, and over $6bn flows into the country each year through exits, according to the IVC Research Centre. And this makes it ripe for the picking for equity crowdfunding and VC firms looking for strong deal flow to [...]
Elliot “Briefcase” Daly has come a long way since arriving at Wasps in school uniform and he’s ready to impress for England, disciplinary issues permitting November 28, 2016 When Elliot Daly turned up at Wasps’ Acton training ground in sixth form school uniform, few moments passed before he was assigned the same nickname as one particular "Inbetweeners" character who took a briefcase to class on the first day of the new term. His peers knew he had talent and were keen to keep [...]
UK missing out on £45bn millennials dividend October 26, 2016 The UK could be £45bn richer if more young people were in work or education, a new report has claimed. Consultants at PwC also found the UK lags most of the world’s major economies in terms of the opportunities available to young people, which could be stifling economic growth. Britain comes in 21st out of [...]
Jeremy Corbyn has defended Labour’s record on anti-semitism, while expressing regret over his own comments on Hamas and Hezbollah July 4, 2016 Jeremy Corbyn has defended his party's record on anti-Semitism, while also denying that he had compared Israel to terror group Islamic State. Speaking in front of parliament's home affairs committee today, Corbyn said that he wanted a “large and inclusive party”, and denied claims from one of his own MPs that Labour is “not a safe [...]
Enquest shares fall after oilfield stake sale talks collapse September 15, 2016 Enquest shares slumped today after it announced the collapse of talks to sell a slice of one of the biggest North Sea development projects to Israeli conglomerate Delek. The independent British oil producer announced in July that it had signed a non-binding deal to sell a 20 per cent stake in the Kraken oilfield, east of the [...]
Hotels continue to be a favourable option for investors looking to the UK January 11, 2017 As the UK’s most popular tourist destination after London, Edinburgh plays a vital role in the UK tourism economy. Its preeminent position was underlined recently when Deloitte – for a third year running – named Scotland’s capital the UK’s most attractive location for hotel investment outside London. The figures certainly stack-up. The city achieves some [...]
This satellite firm wants millions from SpaceX after rocket explosion September 5, 2016 It's not great when your experimental rocket ship explodes. It's even less great when said rocket is carrying some rather expensive equipment. The owner of the satellite on board the SpaceX Falcon-9 rocket which was last week destroyed by an unexpected and fiery explosion has now demanded $50m (£38m) from Elon Musk's company – or a free ride [...]
Trump and Brexit have done businesses a big favour October 28, 2016 It's hard to admit, but Donald Trump and Brexit may have done us a favour. By bringing to a juddering end nearly a decade of denial, these devastating aftershocks of the 2008 financial crash destroy any lingering illusion of a return to business as usual. In the public mind, it is business as usual and that’s [...]