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Hmm

Bosses at Monarch Airlines were given 24 hours to save the low-cost carrier yesterday as officials raced to put together a rescue plan for up to 100,000 holidaymakers who could be stranded overseas. I...

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Oh Aye?

The number of Uber drivers in London should be capped to ensure ‘healthy competition and consumer choice’, the boss of a rival minicab app has claimed. Kabbee chief executive Justin Peters called for a...

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What a lovely financing technique

Amid a battle for orders between Boeing and Airbus, Monarch secured a cut-price deal for 30 new planes — which later rose to 45. The market value of the aircraft was greater than Monarch’s agreed...

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They’re not really thinking about this, are they?

EU scrutiny comes as the Government attempts to maintain and capitalise on Britain’s lead in Europe as a digital economy through Brexit. Ministers view improving the country’s broadband networks as...

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Not sure about the numeracy here

Ambitious graduates are no longer interested in pursuing careers in banking because they are too “socially conscious”, the outgoing head of Britain’s biggest graduate recruiter has said. Since the...

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But she was there purely on merit, surely?

Angola’s new President Joao Lourenco has sacked Africa’s richest woman from chairing the state-owned oil company in a major boardroom cull just weeks after coming to power. Isabel dos Santos, the...

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Displacement activity, displacement activity!

Elon Musk, the Chief Executive of electric car maker Tesla, unveiled a surprise new vehicle on Thursday night – a roadster that he said would be the “fastest production car ever” made. Capable of going...

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Any tech type like to collaborate on a little adventure?

So, continuing to look around for things that can be done. And why not start to think like an economist a bit? What is it that I know that I can do? What’s a comparative advantage? Well, after a decade...

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Tesla’s pricing is all a bit like IBM, isn’t it?

Last week Tesla unveiled its electric Semi to great fanfare. The four-motor truck was announced with a 500-mile range and some self-driving capabilities. What Elon Musk failed to provide was a price....

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For the Lord’s sake, please, stop the damn idiocy

Supermarkets are cashing in by selling standard own-label products that are apparently identical to their value range. An investigation found no difference in the ingredients or nutrition between the...

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Calling Mr Newman

Some Uber drivers in Lagos have been using a fake GPS itinerary app to illicitly bump up fares for local riders. Initially created for developers to “test geofencing-based apps,” Lockito, an Android...

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Cockrot nonsense from Microsoft

Word (or Office 365) subscription. Needs to be paid. I’ve a US credit card. Which I can add to their system, but only for purchases in the US. Sitting here in Portugal I must use a card with a P...

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Not that bad an idea

Notorious mobster’s daughter hawking Godfather coffee pods The daughter of notorious Sicilian mob boss Totò Riina has begun selling coffee pods and olive oil in his memory, just weeks after his death....

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The idiots can’t even see their own contradictions

At around the same time, the former Facebook executive Chamath Palihapitiya held a public interview at Stanford University in which he did not exactly mince his words. “The short-term, dopamine-driven...

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Can we explain this? Yes we can!

Average salaries for advertised jobs in the Royal Borough of Kensington and Chelsea are under £30,000, according to a study by jobs site Adzuna. Jobs near Sloane Square tube station pay an average of...

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Earmarked is such a lovely word, isn’t it?

Pension funds should be encouraged to invest in purposeful companies; up to £100bn could be earmarked. Whose money is that and earmarked by whom? And when do we get to see the administrator’s report...

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If only the implications of this were understood

Brexit, at its heart, is a recognition that Britain has become steadily weaker since it spent much of its empire wealth fighting two world wars – too feeble in the years before the 2016 referendum to...

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Social responsibility in business

However, to those who insist there must be a crony-based explanation why government, both national and local, favoured Carillion so much, here is a suggestion: the business was a model for what...

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How absurd are cryptocurrencies these days?

Have they gone full South Seas? There’re some 1,500 of them out there. There are exchanges which list some to many of them. Cross exchange rates are going to have margins in them. Arbitrage. No one...

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Idiot business idea

I’m just finishing off my first draft of a trade book (ie, here’s a small flat fee Tim, give us 50,000 words) on business models. An idea arises. So, lots of amputees out there. Drop shipping is...

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