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      Revolut to reduce hiring after AI automation campaign

      Revolut CEO Nik Storonsky speaking at a business conference, wearing a suit and tie, addressing financial innovation.

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NHS

  • When it comes to our social care crisis, prevention is the only cure

    October 8, 2018

    Matt Hancock has survived his first party conference as the new health secretary, wearing his NHS pin proudly on his lapel. And top of the list of his departmental priorities is social care. It got a £240m spending boost last week, but that’s not the only approach on the table. One of Hancock’s recent suggestions [...]

  • The Tories talk the talk on free markets, but the policies don’t match the rhetoric

    October 5, 2018

    Last year’s Conservative party conference marked a change in tone for the Prime Minister and her relationship with the free market. Perhaps it was the 2017 snap election upset that made her roll back her language around “untrammeled free markets”, or maybe there was increased understanding that after Brexit a commitment to competition would be vital [...]

  • Theresa May and Boris Johnson were both in the shadow of Jeremy Corbyn at the Conservative conference

    October 3, 2018

    Inevitably, Theresa May's speech was always going to be judged alongside her disastrous efforts this time last year. Twelve months ago she lost her voice and the stage fell apart, but even from that low bar her address in Birmingham was a successful outing for the PM. She also survived the alternative leader speech given by Boris [...]

  • DEBATE: Can traditional small-state conservatives justify imposing a new digital tax?

    October 3, 2018

    Debate: Can traditional small-state conservatives justify imposing a new digital tax? YES, says Waqar Riaz, head of data-driven marketing at Cheil Europe. Few can argue with the idea that big business should pay its fair share towards public services like the NHS or education. Yet, as business has become increasingly global in nature, legislation has failed to [...]

  • Healthtech startup Locum’s Nest scores £4.1m backing from Albion Capital

    October 3, 2018

    Locum’s Nest, a startup which acts a recruitment agency for doctors in hospitals, has landed a further £3m in funding from London backer Albion Capital and IDO Investments, taking its total amount raised to £4.1m. The Hammersmith startup, which connects doctors to work on-demand in healthcare organisations in both the private and public sectors, operates [...]

  • Theresa May declares ‘austerity is over’ as she lifts cap on how much councils can borrow for housebuilding

    October 3, 2018

    Theresa May declared the end of austerity is in sight as she unveiled plans to let councils borrow more cash to tackle the housing crisis. In her speech to the Conservative conference on Wednesday, the Prime Minister hinted at a financial boost for the UK's public services after Brexit, in a bid to show the [...]

  • How psychology explains why we make money mistakes and our attitude to financial risk

    September 26, 2018

      Many of us don’t think that we’ll ever experience a financial shock, whether that’s the boiler breaking down, an unexpected bill, or having to take extended time off work due to sickness or injury. Despite this, the Financial Conduct Authority found that more than half of UK adults show one or more signs of [...]

  • Woo the EU? Theresa May should take tips from the dating game

    September 26, 2018

      Winning votes in an election is a lot like dating. I was explaining the principles of campaigning during a Westminster Foundation seminar in Ghana when one of the young candidates hit on this perfect analogy for electoral success. When you start dating someone, you are keen to establish common interests. “You like Love Island? [...]

  • Taxpayers to foot £65m bill from Carillion redundancies

    September 25, 2018

      Taxpayers are set to cough up £65m in redundancy payouts following the collapse of outsourcer giant Carillion. The liquidated construction services company, which bucked under the weight of a £1.5bn debt pile in January, has so far paid out £50m of the total £65m after thousands of workers were made redundant.  The figures also [...]

  • Labour has faced crises before, but this is uncharted territory

    September 18, 2018

    After a summer of turbulence, the Labour party conference will get underway in Liverpool next week. The stories swirling around the run-up centre on the current maelstrom of fanatical support for Jeremy Corbyn, the increasing despondence of moderate MPs, accusations of antisemitism at the heart of the party, all against a backdrop of online discussion [...]

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