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.

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Energy crisis not failure of regulation, says Ofgem boss

Larger suppliers, including Centrica owned-British Gas, have agreed to take on hundreds of thousands of marooned customers, but expect the cost of doing so to be recouped in a mechanism that Ofgem described as "tried and tested" but which bigger companies say is not...

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Nike and Costco warn of product shortages and delays

"The factors pressuring supply chains and inflation include port delays, container shortages, Covid disruptions, shortages on various components, raw materials and ingredients, labour cost pressures and truck and driver shortages," said Costco's chief financial...

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