Ladies who don’t lunch: Lady Barbara Judge talks first impressions and why moderation is boring November 19, 2015 Ping! A reply from Lady Barbara Judge drops in my inbox, exactly 15 minutes after I sent over an email asking her whether she would be available for a “ladies lunch”. “Dear Maike I would be glad to do it. The problem is to find a date. With best regards, Barbara.” Surprised and pleased at [...]
Alarm bells sound for global growth: What does it mean for investors? November 19, 2015 The state of the world economy is spooking analysts. In October, the IMF downgraded its global growth forecast for 2015 to 3.1 per cent, from the 3.3 per cent it predicted in July. Last week, the OECD added to the gloom, trimming its 2015 forecast for world output growth to 2.9 per cent on the [...]
The fossil fuel divestment campaign is deeply misguided November 19, 2015 In theory, the increasingly noisy campaign for fossil fuel divestment, which aims to convince people and organisations to get rid of their shares in fossil fuel companies, could be an excellent example of consumer pressure in action: few of us can do without petrol or electricity, but we can signal our disapproval of the businesses [...]
Breaking the Bank: What will rising UK interest rates mean for P2P lending? October 5, 2015 The Bank of England will soon need to rediscover the use of its trigger finger and fire the starting gun on interest rate rises. Still expected to be slow and steady, tightening policy after nearly seven years of ultra cheap money will nevertheless have a sizeable impact on everything and everyone, pushing up borrowing costs [...]
Britain’s future lies in a reformed EU – but the Tories are putting that at risk January 8, 2015 When the British people cast their votes on 7 May, they face a real choice. Do they want a Britain hankering for the past, or preparing for the future? Do they want a Britain closed to the world, or open to opportunity? Do they want an economy and a country that works only for a [...]
Smellovision and internet parties: 2015 predictions December 18, 2014 AS 2014 draws to a close, we’re all starting to think about what 2015 will bring. Will the economy soar or slump? Will we have an inconclusive general election? Will oil prices sag even further downwards? At Nesta, each year we try to pinpoint the biggest social and technological trends that could shape our lives [...]
The EU-US free trade deal is in danger of failing – and it’s SMEs who’d lose out December 18, 2014 THE CRUCIAL free trade agreement currently being negotiated between the US and the EU (colloquially known as “TTIP”) has become the focus of much public scrutiny – even hostility – in recent months. So David Cameron is absolutely right to push TTIP higher up the EU’s agenda at the European summit this week. The talented [...]
Let’s empower London’s fintech innovators to banish rip-off remittance fees December 18, 2014 HUNDREDS of thousands of Londoners will work extra hours this Christmas in difficult and low paid jobs so they can send money to relatives living abroad. Remittances like these now outstrip the amount sent in donor aid to sub-Saharan Africa. But these remittances will be reduced in value by money transfer charges as high as [...]
Is Vladimir Putin right that Russia’s economy will be back on its feet within two years? December 18, 2014 Steen Jakobsen, chief economist at Saxo Bank, says Yes. Russia’s citizens have been here before – they know the drill. Everything looks terrible now, but the positive spin is that we could see a new start in 2015. A solution to the Ukraine crisis is a pre-condition, laying to rest the political and financial stand-off [...]
