Facing the failure of Silicon Valley Bank is an existential moment in tech firm financing March 13, 2023 As thousands of firms faced a cliff edge after the collapse of Silicon Valley Bank, Jeremy Hunt’s response is a test of how much they really cherish British start ups, writes Tommy Ricketts.
Footballers’ political interventions are often a litmus test for public sentiment March 13, 2023 When footballers enter public debates, they often voice the concerns of the masses. This government shouldn't just dismiss Gary Lineker's comments; perhaps, it should stop and listen, writes Eliot Wilson
Arm’s New York listing is an example of London’s success being lost to competitors March 13, 2023 Cambridge-based chip designer Arm snubbed the London Stock Exchange and listed on Nasdaq. It won’t be the last tech firm we lose unless we learn to encourage continued growth, writes Nicholas Lyons.
What’s going on at Silicon Valley Bank and why is it shaking UK banking stocks? March 10, 2023 Silicon Valley Bank (SVB) has built its reputation lending to some of the world’s most innovate start-ups and investors. But the Nasdaq-listed bank has now been rocked by what some fear could turn into a very old-fashioned bank run. Shares in the firm have plunged more than 60 per cent in two days and jitters [...]
Explainer: On the bad British tourist March 10, 2023 We all have long been acquainted with the concept of the bad British tourist. And alas, it’s not only a concept: it’s very much a reality. If you’re from or have been travelling around the Mediterranean, you’ll have encountered the old trope: big groups of British lads getting sunburnt in the day and rowdy in [...]
Stop blaming bad weather for empty shelves, it’s a lack of competition in the food industry March 10, 2023 Supermarkets up and down the country have blamed bad weather for empty shelves, but monopolies in the food industry have left supply chains more and more fragile, writes Nick Dearden.
Over 50s aren’t staying out of work because they’re sick – it’s because they’re rich March 10, 2023 Britain’s stagnant workforce, with 270,000 economically inactive over 50s, is keeping our productivity down. But to get them back in the labour market, we need to let them stay out of the office, writes Ben Cope.
The iron grip of Whitehall-think of keeping Britain’s productivity down March 10, 2023 Jeremy Hunt needs to keep the ship steady, but he’s also missing an obvious trick to allow Britain to build up it’s depleted productivity again, writes John Dickie
Explainer: Will bringing in more foreign workers fix our labour market? March 9, 2023 This week, the government unveiled its plan to effectively ban illegal immigration into the UK – raising eyebrows for the project’s feasibility in some corners, while others questioned its alignment with international law. In parallel, the government started working on loosening rules to bring in more foreign workers – starting from the construction sector. Our [...]
Jeremy Hunt readies placeholder budget that will let a lot of people down March 9, 2023 Jeremy Hunt is going to let a lot of people down at his budget next Wednesday. Businesses. Families. Even former Prime Ministers. The Chancellor is poised to resist calls to save a flatlining economy by staying the course set in his November autumn statement of balancing the books. Households want an extension of energy support [...]