SO FAREWELL, then, Facebook! That is the conclusion of a highly technical paper by two Princeton researchers John Cannarella and Joshua Spechler, which received a lot of publicity in the press last week.
UK ECONOMIC growth is looking up. The 0.7 per cent GDP increase in the fourth quarter of 2013 might not have been as strong as some commentators were expecting, but it means economic activity is up a full 2.8 per cent on a year ago.
THE GDP figures released today, expected to show further evidence of economic growth, will tell us how far the recovery has progressed. They follow last week’s employment stats which showed that our long-term plan is beginning to work.
TO CREATE more and better-paid jobs, Britain needs more small businesses, and it needs the best of them to scale up. Government has a key role to play, by radically improving its own commercial relationship with small companies.
IT’S BEEN called the riddle of peacefulness. Many think crime is a growing problem: a 2013 Ipsos Mori study found that 58 per cent didn’t believe it was falling, while 51 per cent thought violent crime was getting worse.
THE BANK of England must give serious consideration to raising interest rates. This doesn’t mean it should hike rates immediately. But the conditions under which rates would rise need to be clarified urgently.
CONFIDENCE can be the difference between success and failure. For some time, there has been a large number of businesses that are too pessimistic about their chances of getting the finance they need from their bank to grow.
AT THE launch of Global Entrepreneurship Week 2013, Vince Cable announced that “10 per cent of the UK workforce is engaged in entrepreneurship activity.” Then he ploughed on with his speech, leaving the audience wondering precisely what this was s
A QUIET announcement, with potentially significant implications for London’s housing crisis, lay hidden in the detail of last year’s Autumn Statement: the government will “explore options for kick-starting the regeneration of some of the worst hou
WITH GDP still 2 per cent below its pre-crisis peak and consumer price index inflation falling back to its 2 per cent target, many argue that Britain should stick with extraordinarily loose monetary policy for longer.
FOR THOSE who say reform of surveillance law isn’t needed, Barack Obama’s speech on Friday, in which he outlined plans to reshape the National Security Agency’s (NSA) electronic spying practices, should have come as a wake-up call.
ON THE busiest online shopping day of 2013, Cyber Monday, RBS faced an embarrassing IT system outage that left more than 1m customers unable to access their accounts for three hours. This wasn’t the first time.
FREEDOM isn’t just a rallying call, it is a practical way to transform the world for the better. Letting people make their own choices scorns the arrogance of narrow elites, preferring instead the riches found in every individual’s contribution.
Although I now live in China, I worked in France for 26 years, and have a lot of affection for the country and its people. Like Allister Heath, I feel sad to see the country going down the drain because it cannot rid itself of socialist dogma.