Archive
Browse market commentary, macro analysis, and student-led reporting.
Markets2 Aug 2026
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.
Sainsbury'sArgosRetailPrivate Equity
Gaurav Bohra10 min read
Read ArticleMarketsGlobal Healthcare2 Aug 2026
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.
PharmaceuticalsMergers and AcquisitionsBiotechnologyPatent Cliff
Abdul Wasey Bhatti8 min read
Read ArticlePolicy2 Aug 2026
AI data centres promise growth, but infrastructure constraints are creating political and economic resistance.
Artificial IntelligenceData CentresInfrastructureEnergy
Meghana Sivapuram7 min read
Read ArticleMacro31 Jul 2026
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.
Bank of EnglandMonetary PolicyInterest RatesInflationGiltsUK Economy
Rohan Talwar14 min read
Read ArticleOpinion27 Jul 2026
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.
Artificial IntelligenceData CentresHyperscalersSpace EconomyOrbital Debris
Manasvi Kommuri9 min read
Read ArticleMacro27 Jul 2026
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.
Climate RiskEuropean EconomyLabour ProductivityInflation
Sonal Weerasekera8 min read
Read ArticleMacro27 Jul 2026
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.
Attention EconomyFinancial MarketsMeme StocksAlgorithms
Ahana Bhattacharya8 min read
Read ArticleMarkets24 Jul 2026
After decades of underinvestment, scientific setbacks and fading industry interest, psychiatry is showing signs of life again. Eli Lilly's acquisition of AtaiBeckley, worth up to $3.8 billion, signals renewed hope that the future of depression treatment may look very different from the past.
Eli LillyPsychedelicsMental HealthBiotechMergers and Acquisitions
Abdul Wasey Bhatti6 min read
Read ArticleMacro23 Jul 2026
AI capital expenditure has emerged as the last major engine of global demand, propping up growth even as trade wars fragment the world economy. Whether that engine can keep pace with its scale and financing is the open question.
Artificial IntelligenceGlobal TradeCapital ExpenditureHyperscalersGrowth
Daya Kaur Kalher6 min read
Read ArticleA jury found Live Nation and Ticketmaster liable for illegal monopolisation in April 2026. The case is a study in how vertical integration converts dominance in one business into control over an entire industry.
Live NationTicketmasterAntitrustMonopolyLive Events
Jay Patel8 min read
Read ArticleAndy Burnham spent a decade fighting Westminster from the outside. Now he runs it, and his Greater Manchester record, not his rhetoric, is the best guide to what a Burnham government will actually do.
BurnhamLabourWestminsterParliament
Josh Dolan14 min read
Read ArticleMacro20 Jul 2026
Machine learning can spot economic shifts weeks before official statistics catch up, but its black-box reasoning means the most reliable forecasts still come from economists working alongside AI, not being replaced by it.
Artificial IntelligenceMachine LearningEconomic ForecastingHysteresis
Meghana Sivapuram5 min read
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