Insurance, the equitable transfer of the risk of a loss from one entity to another in exchange for payment, has been around for centuries. Over 500 years ago, ship owners in London met in Lloyd’s coffee shop to write down their names and value of cargo. These were the first…
Author: jamieharrison
Bottom ups
Equity for Punks is, as the name suggests, an unconventional business model for raising capital where shareholding has never been so exciting, innovative and inclusive. In 2007, James Watt and Martin Dickie, spurred on by the saturation of mass-market beers and the absence of high-quality tipples on the market,…
The World’s Youngest Billionaires
Meet the world’s youngest billionaires. According to Forbes magazine, of the world’s 1,426 billionaires, there are 29 under the age of 40. These 29 young billionaires are worth a total of $119 billion. Ten of them have built their fortunes in the technology sector(four at social networking…
Double Irish with a Dutch Sandwich
Welcome to the world of tax avoidance. Multinational companies do it, small companies do it, individuals do it, and possibly birds, bees and educated fleas do it. The issue has hit the headlines in a big way recently though because of sheer scale of aggressive avoidance being employed by such…
A Pricey Phone Call
With a €5.4bn phone call, Nokia has hung up on the mobile phone industry, and over 32,000 employees will be relocating to Microsoft. As part of the deal, Microsoft is purchasing Nokia’s Devices & Services unit (the part that makes your lovely Lumia-running Windows Phone), licensing Nokia’s patents and using…
Goodbye Recession, Hello Resilience
Could there really be an end in sight for the never-ending Greek recession? Prime Minister Antonis Samaras certainly thinks so. By announcing that “2014 will be the year of recovery for the Greek economy”, he has sought to reassure citizens that the country’s ongoing recession will not reach a seventh…