Feature of the week
Student loans: holders of student debt are set to take a hit
It may be time to start worrying about US student loans. New data from the Federal Reserve (FED) states student loans have tripled from 2004 to $966 billion and are becoming a growing financial problem in the US. Student loans now make up by far the largest category of US [Read More]
India denies patent for new cancer drug
On 1st April, the Supreme Court of India denied one of the world’s leading pharmaceutical companies Novartis’ plea to patent a new version of its anti-cancer drug, Glivec. A patent allows the drug to be sold only by the company which produced it, unlike generic drugs [Read More]
What legacy? Thatcher’s strong leadership style in trouble
The death of Margaret Thatcher, perhaps one of the most divisive and controversial figures in British history, on 8th April 2013 has sparked intense debate over the success of her administration and the success of her style of politics. Dominating the headlines, [Read More]
Is defence spending a priority in times of austerity?
Earlier this month, Defence Secretary Phillip Hammond said that Britain’s “first priority” must be “defending the country and maintaining law and order” and suggested that the welfare budget should be cut further in order to secure spending on defence. But at a [Read More]
Step away from social media – the risks of a Facebook addiction
The social networking site Facebook is said to now have over one billion active users each month after CEO Mark Zuckerberg posted a status to confirm the huge figure back in September 2012. With so many people accessing the site worldwide, an interest in Facebook has been [Read More]
Is the rise of UKIP symptomatic of an endemic problem with the British political system?
The recent Eastleigh by-election saw UKIP record their strongest ever result, finishing with a considerable 28% of the vote. With such a large number of people casting what is widely considered a protest vote, does this mark a crisis for the three main parties and the [Read More]
Food addiction and obesity: why the soft drinks tax just isn’t enough
With obesity rates soaring on both sides of the Atlantic Ocean compared to ten years ago, an increasing number of studies have been launched to understand the possible causes. Scientists have finally managed to demonstrate a strict correlation between obesity and food [Read More]
The “Carney” effect
The anticipated arrival of the next Governor of the Bank of England (BoE), Mark Carney, has peaked hedge funds’ interest in sterling and its future position as well as its prospects in the global currency markets. Many top global hedge funds, such as Soros Fund [Read More]
Meritocracy: the dirty word of a modern society?
In contemporary usage, the word “meritocracy” is predominantly deployed with a positive meaning. Likewise, a growth in meritocracy is seen as progress. While in the past the aristocracy inherited their seats on cabinets and on company boards, in more recent [Read More]
Insomnia: the dream of that perfect night’s sleep
Insomnia is troubling both sides of the Atlantic and while sleeplessness is big business, worth over $32 billion, it’s an even bigger economic problem. According to recent studies, one in three of us struggles with sleeplessness and one in ten has a diagnosed sleep [Read More]
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