It’s been 10 years since the defining moment of the global financial crisis — when Lehman Brothers filed for bankruptcy and employees piled out of its headquarters on Wall Street with their personal belongings. Following a swift response and extraordinary measures from policymakers, the US economy pulled out of The Great Recession in June 2009 — and it hasn’t looked back since.
The basic model for charting the adoption of new technologies was first used to track farmers’ purchases of hybrid seed corn. Today novel ideas might rise, fall and die in considerably less time than it takes to cultivate a single harvest. Just how fast has the innovation cycle become?
In this issue, we mark 10 years since a pivotal moment of the financial crisis, when employees at Lehman Brothers gathered their belongings and filed out onto Wall Street. In today’s climate, with the UK in the midst of Brexit negotiations and escalating trade tensions between China and America, it is easy to feel apprehensive about the future.
It’s one of the longest bull runs ever, but that doesn’t mean it will be cancelled any time soon.
Equities tend to do better in the months after the hustings than in the lead-up, and the result typically makes little difference. However, this time round The Donald’s legacy is in the balance.
The Royal Academy of Arts, the world’s foremost artist and architect-led institution, celebrates two-and-a-half centuries this year, with the unveiling of new exhibition space that will allow it to show more art than ever before.
Brutalism was arguably the UK’s defining architectural movement in the 1960s and 1970s. By the 1980s it was rapidly falling out of favour, and by the 1990s it was widely despised. But the mood is changing. Are we finally learning to appreciate concrete?
Angus Thirlwell, co-founder of Hotel Chocolat, joined us to share Hotel Chocolat’s journey since opening its doors to guests in North London in 2004. The start of a revolution in British chocolate.