If we cap immigration, the UK will lose its status as a global hub for science and engineering June 15, 2015 John O’Keefe, the UK’s latest Nobel Prize winner, has a lot in common with Venki Ramakrishnan, the next President of the Royal Society. First, they are similarly brilliant scientists and Nobel Laureates. O’Keefe was a joint winner last year for his discovery of cells that act as our inner GPS system, enabling us to [...]
Cultivating London’s next generation of tech entrepreneurs June 15, 2015 Digital technology is changing the world, but the pace of that change is still breathtaking. In three years, Airbnb amassed as many hotel rooms as the Hilton dynasty did in a century. Ten years ago, Twitter didn’t exist – now it has more than 300m users. And Spotify adds around 20,000 tracks to its 30m-strong [...]
Saudi Arabia’s Tadawul stock exchange opens to foreign investors: Here are six companies you should watch June 15, 2015 Today, Saudi Arabia's Tadawul stock exchange opens up to foreign investors for the first time. Worth more than $500bn (£323bn), it represents a huge opportunity for those with an eye for the Middle East's biggest economy. Read more: Now is a better time than ever for women to enter Islamic banking By opening up to foreigners, [...]
The UK’s best firms are “systematically excluding” clever applicants because of working class backgrounds June 15, 2015 The UK's top firms are “systematically excluding” clever applicants because they come from working class backgrounds a new government report has found. As many as 70 per cent of job offers from the country's most elite law, accountancy and financial services firms were made to graduates who attended selective state or fee paying schools, [...]
No end in sight for London house price boom: Average asking price soars to more than £600,000 June 15, 2015 House prices in the capital are set to outpace earnings for the foreseeable future, despite government efforts to boost house building and affordability. Average London asking prices have jumped to £613,922 – above £600,000 for the first time ever – according to Rightmove data published today. It marks a rise of 5.8 per cent compared [...]
Forging ahead: Raidla Ellex founder Juri Raidla talks Baltic collaboration, grandchildren and the day the world changed June 14, 2015 At the back end of 1991, the Soviet Union began heaving itself out of Estonia – 60 years after it invaded and illegally occupied it, and shoved in a puppet government. For the former Estonian SSR, independence was a watershed moment – a brighter future for a country reclaimed. But this was a country [...]
Froome: Success stokes fire ahead of Tour de France June 14, 2015 BRITAIN’S Chris Froome immediately switched his focus to the Tour de France after yesterday storming to Criterium du Dauphine glory following a blistering final stage victory. Froome was in second place after success in Saturday’s seventh stage on Mont Blanc but overcame an 18-second deficit to take the yellow jersey from BMC Racing’s Tejay van [...]
Over 30m people have watched Gfinity’s London eSports events June 12, 2015 London-based eSports firm Gfinity today told investors it generated more than 30m online views from the first half of its 2015 championship series, which have been broadcast in 10 languages to 25 countries around the world. Shares in Gfinity were down by over two per cent on Friday afternoon, even after the rapidly rising eSports firm [...]
Getting the right person for the right job: LinkedIn could add £1.7 trillion to the world’s economy June 12, 2015 You may sometimes wonder why you build up your LinkedIn connections (see number six from this article) but a new study argues social media jobs platforms could add $2.7 trillion (£1.7 trillion) to the economy. McKinsey Global Institute's latest report “a labour market that works” found that “online talent platforms” such as LinkedIn and [...]
Theatre review: Oresteia June 12, 2015 Almeida Theatre | ★★★★★ It may be undergoing a revival in London, but Greek tragedy is not an easy fit with the contemporary stage. Traditionalist directors risk creating something either staidly academic or bathetically hysteric, while would-be revolutionaries can dilute the sources’ inherent power. Robert Icke’s new Oresteia at the Almeida, which he has [...]