Ben Marlow

Fallen King of Crypto Told Venture Capitalists He Was a Fool - But They Didn't Listen

Fallen King of Crypto Told Venture Capitalists He Was a Fool – But They Didn’t Listen

Just seven weeks later, the Bankman-Fried crypto exchange is now on the brink of ruin, in the midst of what its investors call “a liquidity crunch.” Faced with a vast financial black hole and tattered bailout talks, FTX and sister trading firm Alameda Research are set to go bankrupt, taking the vast majority of the …

Fallen King of Crypto Told Venture Capitalists He Was a Fool – But They Didn’t Listen Read More »

Once again, a US president is targeting UK companies to win votes

Once again, a US president is targeting UK companies to win votes

It’s debatable whether van Beurden was really advocating for higher taxes on the industry or just growing more aware of the shifting political winds. Either way, the result is the same: an open invitation for fiercer repression and an unabashed populist fight from a US president whose approval rating is down to just 40%. “Last …

Once again, a US president is targeting UK companies to win votes Read More »

Hargreaves Lansdown rode a wave of cheap money that is now collapsing

Hargreaves Lansdown rode a wave of cheap money that is now collapsing

Even if he wants to, the shadow of the Woodford debacle is impossible to escape. The fund’s reliance on backing Hargreaves Lansdown, one of the UK’s largest investment supermarkets, was clear from the outset. When it was suddenly shut down to prevent catastrophic takeovers, nearly 300,000 Hargreaves clients were trapped in a total of six …

Hargreaves Lansdown rode a wave of cheap money that is now collapsing Read More »

Royal Mail job cuts are a disaster for the unions' war on Britain

Royal Mail job cuts are a disaster for the unions’ war on Britain

Sometimes the impression is that the recent wave of damaging strikes, not only at the Royal Mail but also at BT, the country’s railways, ports and other vital sectors of the economy, have been more motivated by the desire of the far left union barons to score points against a conservative government than a duty …

Royal Mail job cuts are a disaster for the unions’ war on Britain Read More »