Why Every Child Needs a Political Education
Democracy only works if the people inside it understand how it works, yet a postcode lottery in political education means most young people never get taught how it works at all.
Josh Dolan9 min read
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The AI Infrastructure Arms Race: Tomorrow's Economy, or Yesterday's Bubble?
Big tech is on track to spend up to $690 billion on AI infrastructure this year alone. History suggests the technology can still win even as many of today's financiers lose everything.
Matthew Mahrous8 min read
Markets3rd August 2026
The Won's Great Reversal: How Chip Cash and a Rate Hike Rewired Korea's Currency
The won went from one of Asia's worst-performing currencies to one of the world's best in a matter of weeks, as chipmakers' overseas earnings came home, foreign equity selling eased, and the Bank of Korea ended a three-year rate freeze.
Sonal Weerasekera8 min read
Macro3rd August 2026
The World's Factory Has Run Out of Customers
For decades China was constrained by what it could produce. It is now constrained by what its households will buy, and the surplus it exports instead is reshaping trade policy across the world.
Ahana Bhattacharya7 min read
Markets2nd August 2026
Sainsbury's Recovered Most of Its Money on Argos. It Still Lost a Decade
Sainsbury's got most of its money back from Argos, and the integration did roughly what management said it would. The problem is what the capital earned in the meantime: Argos now makes a 0.2% margin.
Gaurav Bohra10 min read
MarketsGlobal Healthcare2nd August 2026
The New Rules of Pharma M&A
Big Pharma is acquiring earlier and accepting greater scientific risk for unproven drugs. The driver is not confidence in the science but the fear of a rival securing the next blockbuster first, as a $300bn patent cliff bears down on the industry.
Abdul Wasey Bhatti8 min read
Policy2nd August 2026
The Price of Intelligence
AI data centres promise growth, but infrastructure constraints are creating political and economic resistance.
Meghana Sivapuram7 min read
Markets2nd August 2026
Why EQT Is Racing to Sell Private Equity to Individuals
The retail push looked like growth. It was really the industry building a capital base that does not depend on selling anything.
Abir Ghosh Biswas7 min read
Macro31st July 2026
Six to Three: A Divided Hold and the Curve the Bank Does Not Believe
Three of nine voted to raise Bank Rate. The Bank's own Report then said the market curve is steeper than policy needs to be, and that most of its slope is not a rate expectation.
Rohan Talwar14 min read
Opinion27th July 2026
A Spatial Fix
Silicon Valley wants to escape the power grids, water shortages and zoning laws throttling its data centres by launching them into orbit. But Low Earth Orbit is no frictionless void, and moving servers to space may just trade one crisis for another.
Manasvi Kommuri9 min read
Macro27th July 2026
Europe's Rising Temperatures Are Becoming a Macroeconomic Problem
Repeated heatwaves are no longer a seasonal inconvenience for Europe's economies. From lost labour productivity to rising food prices and multi-billion-euro damage bills, extreme heat is emerging as a structural drag on growth across the continent.
Sonal Weerasekera8 min read
Macro27th July 2026
The Economics of Attention: How Algorithms Rewired the Market
Algorithmic feeds have quietly become a dominant force in setting asset prices and mobilising political movements, from GameStop to India's Cockroach Janata Party, while regulators still lack the tools to measure how virality converts into capital and power.
Ahana Bhattacharya8 min read