When Mike Lynch sold his software firm Autonomy to HP for £7.1bn in August last year, there were 30 more millionaires walking around Cambridge.
“The Eurozone Crisis Is the biggest challenge that we all face. It is the thing that we have to fix, to sort out, to help restore growth right across the world economy,” David Cameron said last week in Oslo.
THE EUROZONE crisis is like a tragic opera: a torturous tale in which half the cast will be dead by the intermission. Of the Eurozone’s 17 characters, 12 are in recession, while all are banking on Germany to play the hero and keep the whole racket going. Monetarists and Keynesians disagree on how to return to prosperity, as the average European citizen becomes separated from a performance with seemingly no beginning, middle or end – only endless noise.
Silicon Valley Bank, the US hi-tech bank with $20bn (£13bn) in assets, has opened its first UK branch, offering banking and loan services to the UK technology industry.
In a world where JP Morgan traders lose $2 billion, and European banks look shaky, "risk" starts to take degrees of nuance. What you mean and I mean may not mean the same thing.
Next week, the London Evening Standard will hold their second Business Connections event that will see Twitter UK’s General Manager Tony Wang, Ariadne Capital’s CEO Julie Meyer, and CEO of NationalField, Edward Saatchi discuss how small businesses and start-ups can use emerging technology to thrive in the business world.
At 13, Adam Allcock built his own computer and shortly after set up a computer retailing business with a turnover of £1.4 million. Not content with running his own company, He then continued on an academic route and gained 4 A* at A level, a BSc hons degree in Leadership and Management and is currently studying for a Masters Degree in Mechanical Engineering. He also recently won 'Most Employable Young Person' at Entrepreneur Country's Young Masters Awards in association with Google. I interview the 20 year old computer prodigy, a shining example of young entrepreneurial talent within the IT sector.