THE COMING year looks like it will be a good one. At the start of each of the past five years, the economic scales have been tilted downwards, and the challenge has been to look for factors which might have tipped them back up.
WITH the demise of salary-related pensions, we now face the challenge of ensuring people get the most out of the alternative defined contribution system, where their pensions are heavily dependent on how much they have saved during their working l
SOMETIMES a crisis doesn’t seem like a crisis because it is the status quo and people just take it for granted. For London, a case in point is the Thames Chasm – the acute shortage of road crossings of the River Thames east of Tower Bridge.
WE ARE in a state of unusually high political uncertainty. By this stage in the electoral cycle, one usually has a sense of who the next winner is likely to be. But this time we have a high level of unpredictability.
AFTER a surprisingly strong 2013 in many equity markets, I am cautiously optimistic for 2014. One of the key reasons for my slight wariness is that most of the predictions I am reading at the moment are unambiguously positive.
FEW would find it hard to spot the difference between Stoke Newington and Salford. It’s certainly more than 200 miles that divides the North London district and the regenerating Manchester borough, now home to the BBC’s MediaCityUK.
THIS week, the Institute for Fiscal Studies told people born in the 1960s and 1970s that they will be worse off than their parents when they retire. This was mainly down to falls in income due to the financial crash, and lower savings rates.
THE INTERIM report of Sir Howard Davies’s Airports Commission, released yesterday, is the perfect wake-up call to our political leaders. Expanding London’s airports is critical to Britain’s future economic well-being.
DISRUPTION is capitalism’s great party trick. The history of business is full of seemingly insignificant upstarts who cottoned on to a new technology or idea, and used it to embarrass, and then destroy, proud incumbents.
WHEN considering the powerhouses of the British economy, most people’s minds flick to the City, or perhaps pharmaceuticals or retail. Yet it’s British universities – the envy of the world – which have the potential to save the British economy.
I WROTE at the end of November that the rise of the selfie marked the death of the audience and the rise of an age committed to universal self-expression and performance. This week, even world leaders have been joining in.
IN BUSINESS, as in diplomacy, “war games” or simulations are a useful tool for mapping out tricky negotiations or complex geopolitical issues. The technique is often used by the CIA to play out security scenarios.