Scotland’s national investment bank launches

The “moonshot” language used by Boris Johnson about Covid-19 testing reflects a belief that the state can set strategic goals and draw together the resources to achieve them, as the USA did with its 1969 moon landing. His former chief adviser, Dominic Cummings, is a passionate advocate of America’s way of supporting technology firms with government action.

Recent Posts

Under-35s bearing brunt of jobs crisis

Head of economics at the British Chambers of Commerce, Suren Thiru, said:  "Unemployment remains on course to peak towards the end of 2021, once the furlough scheme expires and those who stopped job hunting during the pandemic look to return to the workforce as...

read more

Car insurance sees biggest price drop in six years

He added that the quote an insurer gives you depends on a set of personalised circumstances, including the type of car you drive, where you live, your driving history, your no-claims bonuses, the technology that might be in your car, the age of your car, or even your...

read more

Bank of England to consider digital money plan

It would basically be a digital version of sterling, backed by the Bank of England, that could change the payments system, the plumbing of the financial system. It would not be a Bitcoin-style speculative asset with wild fluctuations in value. But there will be...

read more