G7: Building back better will need a truly global approach to finance June 7, 2021 Over the weekend G7 finance ministers and financial leaders from across the world came together in London for arguably their most important meeting since the 2008 financial crisis. Top of their packed agenda was of course the recovery from COVID, against the backdrop of environmental issues and the challenges of reaching net zero emissions. Much [...]
Avoiding the great resignation will require some creative thinking June 7, 2021 They’re calling it “The Great Resignation” – the fear of a tsunami of departures from City firms as battalions of workers change jobs post-pandemic. One survey suggested that as many as 40 per cent of employees are considering moving on in the next six to twelve months. Some say they just can’t stomach the anxiety [...]
Entrepreneurs and businesses – not politicians – will drive ESG forward June 6, 2021 When COP26 brings the world’s leaders together in Glasgow later this year, expect to hear plenty of talk about proposed regulation, but little in the way of real, strong action. The gap between rhetoric and result is best illustrated by the current approach to ESG, which risks flopping before it can even become the standard. [...]
Super League debacle shows value of putting purpose at heart of “building back better” June 6, 2021 When the London-based family investment firm I founded, Man Capital, recently acquired Right to Dream, a global football group that includes a premier league club in Denmark and a network of football academies in Europe and Africa, I was asked what kind of a “return” we would be seeking for this “investment”. The framing of [...]
Capitalism is the solution, not the problem, when we look at climate change June 5, 2021 One of the most frequently raised arguments against capitalism is that it is the primary driver of environmental pollution and climate change. But if we compare Yale University’s ranking of countries with the highest environmental performance with the Heritage Foundation’s Index of Economic Freedom, a very different correlation emerges. Read more: In the lead up [...]
Delay June 21? Government will have to be creative to enforce restrictions further June 5, 2021 Ever since Boris Johnson unveiled the roadmap out of lockdown, June 21st – “freedom day” – has been etched into the public consciousness. However, the full reopening of society now hangs in the balance, due to the spread of the Indian variant of Covid-19. If restrictions remain in place after this date, if life doesn’t [...]
Portugal debacle shows traffic light system risks another chaotic summer June 4, 2021 There was something inevitable about the government’s decision to remove Portugal from the UK’s quarantine-free travel list last night. Despite hopes that more countries could be added to the list, by the afternoon, holidaymakers, airline bosses and travel firms were once again facing the realisation that their best laid plans had once again been trampled [...]
For wind energy to be truly sustainable it needs to be circular and re-use retired turbines June 4, 2021 We are fast approaching COP26. It is now quarter of a century since the world first convened to agree action on climate change. At that time offshore wind was in its infancy with only one small farm located off the shores of Denmark. Few would have predicted that we could realistically target powering every home [...]
It’ll take more than money to fix Britain’s social care system June 4, 2021 It’s almost clichéd to say that the elderly care sector is in crisis. But it’s true: a quarter of UK home care providers face bankruptcy and it’s estimated that English local authorities will face a £4.4bn funding gap by 2023. Why is this happening? The obvious answer is lack of money. Social care has been [...]
Screenshot: Is Channel 4 facing a Great British Sell-Off? June 4, 2021 This week **Media Moment of the Week: Baby Musk (Doo, Doo, Doo, Doo, Doo, Doo) **Is Channel 4 facing a Great British Sell-Off? **Etsy dials into Gen Z fashion Media Moment of the Week: Baby Musk (Doo, Doo, Doo, Doo, Doo, Doo) It’s fair to say Elon Musk has a bit of a reputation for [...]