No room for complacency
We are now three months into a post-referendum world – not post-Brexit, as some people have slipped into thinking.
Being a Chelsea fan the signing of Fernando Torres from Liverpool in 2011 for a then-record £50m fee is still a sore subject. All that money turned out to have been misspent, but there was nothing to be done other than battle on with the squad we had - the transfer window was shut for the rest of the season.
The thick end of a tax wedge
As tax bills go, €13bn plus interest is pretty hefty, even for the largest company in the world. Apple has found itself on the wrong side of EU competition commissioner Margrethe Vestager’s ruling about its decades-old tax agreement with Ireland.
Have you heard of Generation Z? Last weekend, I spent eight hours with them at Insomnia58, at Birmingham’s NEC. I was accompanying my teenage son and feeling out of my depth. Ever turned up to an event featuring celebrities you weren’t even aware of? It’s like finding a universe you didn’t even know existed.
I was in Wales last week and decided to take my teenage son shopping in Cardiff. He’s half Welsh, yet recent football events have prompted him to acknowledge his Welshness, which basically meant me buying him the Wales shirt. Of course, he wanted Bale 11 printed on the back, but incredibly, we were told they’d run out of the letter L and that there were no Ls left in the country.
If Mark Carney was a DJ, then last week he double-dropped a huge bass-line and the crowd on the dance floor – who thought the party was coming to an end – just went crazy.
Generally speaking, you know it’s serious when someone who is detested says something loud and proud to reduce them even further in your estimation. Think a train company that says customers need to be grateful that the service is now running on time after cancelling 30% or more of the services, and offers a reduced timetable! Or maybe a businessman that leaves pensioners in the lurch and demands people should not stare as it upsets him…
Imagine if freshly minted Prime Minister Theresa May appointed Jeremy Clarkson foreign secretary, creating a Top Gear takeover of post-Brexit Britain. Instead we have to make do with an equally left of field candidate: Boris Johnson.
2016 has already been a difficult year for investors and in particular would-be investors. Market volatility at the start of the year and investor apathy leading to a wait-and-see attitude in the run up to the Brexit vote, meant that new business numbers for H1 were nothing to write home about.
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