Expanding the Legacy
Expanding the Legacy
Perfection is often the outcome of fortuitous circumstance – not necessarily of a carefully traced design process. That’s how a West Sussex precision engineering company ended up as the manufacturer of the world’s best tonearms – the mechanical contraption that guides the cartridge over a vinyl record. Formed in 1946...
Whenever a brand becomes so ubiquitous that its name is turned into both a verb and noun, competitors cringe and turn blue with envy. And well they may: in business since 1926, Tannoy – manufacturer of loudspeakers – admits little to no competition. For decades on end, the company’s public...
Private Island: Why Britain Now Belongs to Someone Else by James Meek (Verso Books – 238pp – £8.55 – ISBN 978-1-7847-8206-1) It remains somewhat of a mystery how Chancellor of the Exchequer George Osborne manages the UK government’s financial affairs. Presiding over a buoyant economy, planning the biggest privatisation exercise...
Since the International Monetary Fund (IMF) ditched its one-size-fits-all approach, the economic guidelines dispensed by the organisation have become rather vague. On a visit to Britain, IMF Managing Director Christine Lagarde on Thursday surprised friend and foe as she lavishly praised British Prime-Minister David Cameron for his ‘eloquent and convincing’ economic leadership.
The UK economy may be growing at an impressive clip: the spurt is powered by borrowed money and, as such, akin to a bubble. The same holds true for the seemingly impressive economic performance of the United States.
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