WHEN the First World War broke out, an interesting meeting took place in the City to assess its implications. It consisted of what were then known as accepting houses: the elite merchant banks who ruled the City with unquestioned command.
WHO SAYS the sky has to be the limit? Britain’s space industry has ambitions to become a global leader. The sector’s new growth plan, announced this week, includes establishing a British spaceport within five years.
THE SURPRISE fall in the annual inflation rate in October to 2.2 per cent on the consumer price index and 2.6 per cent on the retail price index is obviously welcome news. However, it’s too soon to be complacent.
OVER the past week, two aspects of our public debate have become noticeable. First, many judge policies by their intentions, not their effects. This often leads to policymaking that seeks fairness, but actually eliminates opportunity.
I TOOK my seat in the golden state coach on Saturday, to join the world’s oldest street pageant and be shown to the world as the 686th lord mayor of London. It’s a role that’s over 800 years old, and comes imbued with a huge amount of history.
IF YOU’RE gloomy about the UK’s economic future, some recent additions to YouTube might cheer you up. One features a girl icing and re-icing a cake in red, white and chocolate. Another has 15-year olds sporting big fake Poirot moustaches.
A NEW kind of presidential run may have just got underway in America. With Hillary Clinton the likely Democrat nominee in 2016, the Republicans are in desperate need of a challenger who can stand up against her campaigning heft.
SEVERAL cities have declared bankruptcy in the US in the last few years, with Detroit the most prominent example. Based on this week’s mayoral election results, it’s not inconceivable that New York City may join the queue.
CONCERNS about immigration continue to gather strength. A recent poll by Survation for Sky News found that 67 per cent think the coalition’s attempt to reduce net migration to 100,000 per year does not go far enough.
ONE OF the biggest myths in UK politics is that the free-market and Eurosceptic wings of conservatism are beholden to the interests of big business. Many mistake a shared desire for a lower tax and regulatory burden for a common agenda.
IT’S LIVING Wage week, and many are endorsing the principle of raising low pay, whether by boosting the minimum wage, or by forcing local authorities and pressuring other private employers to pay the Living Wage.