● New rules on research and development (R&D) tax credits could mean even valid claims are denied. An overhaul of the R&D tax credit system came into force on 1 April amid growing concern at the Treasury that firms were exploiting weaknesses in the o

“Typically, when new markets emerge, incumbents are caught off guard, which creates opportunity for startups,” says Mary Meeker, the so-called “Queen of the internet” during her time as a Morgan Stanley analyst during the dotcom bubble. “The differen

elysian.press In 2022, Penguin Random House wanted to buy Simon & Schuster, says Elle Griffin. The two publishing houses made up 37% and 11% of the market respectively, and the deal would reduce the Big Five publishing houses to a Big Four. The US g

Wolfgang MunchauNew Statesman German chancellor Olaf Scholz is “clearly not happy with Brussels”, says Wolfgang Munchau. During a recent visit to China, he warned the EU not to impose tariffs on Chinese electric cars; in Brussels he criticised the EU

London-based mining giant Anglo American has become “the centre of an international tug-of-war”, says Jon Yeomans in The Sunday Times. Australian rival BHP launched an “audacious” £31bn takeover bid last week. Anglo rejected the all-share offer, clai

● “Another light of the London Stock Exchange firmament is going out,” says Lex in the Financial Times. Darktrace, the UK’s only renowned cybersecurity firm, has accepted a £4.3bn offer from US private-equity investor Thoma Bravo. At 620p a share, Da

● From May probate fees will rise by 10% to £300, the Ministry of Justice has announced. It is a surprising time to announce the price is going up as there has been a huge surge in complaints about the service in recent months. When someone dies the

It has been nearly 70 years since National Savings & Investments (NS&I) launched Premium Bonds. Bonds cost £1 each and you can buy from 25 to 50,000 of them. Your bonds are then placed in a monthly draw where you could win prizes ranging from to £25

Prime minister Rishi Sunak may have hoped that the passage of his Rwanda legislation – which allows for illegal asylum seekers to be sent off to Rwanda for processing – would mark the end of the troubles surrounding the scheme, says Nimo Omer in The

A special purpose acquisition company (Spac) is a company that lists on the stock exchange without any business of its own. Instead, its sole purpose is to raise money to buy an existing company. Spacs are also known as blank-cheque companies in the

“Positive news flow... has driven up London’s oversold shares... Inflation is steadily trending downwards and is expected to fall below 2% this month... Dollar strength... also fed into FTSE gains, as this means higher profits for [the FTSE 100’s] bi

Wall Street’s patience for the costly artificial intelligence (AI) arms race is waning, says Dealbook in The New York Times. Facebook-owner Meta recently reported its “best ever first-quarter earnings”, but that wasn’t enough to prevent a crushing se

“I don’t look bad for 84… if you’re buying yourself a few extra years, I think it’s worth it.” Actor John Cleese (pictured) on spending around £17,000 a year on stem-cell therapy to combat the effects of ageing, quoted in The Telegraph “There’s a mi

lawliberty.org Full-Time: Work and the Meaning of Life, by hedge-fund manager David Bahnsen, has a lot to teach us about the “theology of work”, says James Bruce. Our culture needs a better understanding of the daily grind. Even 21-year-olds turn up

Meta Platforms has suffered its second-worst daily loss in market value on record. Part of the reason for last week’s 15% slide was that while Meta eclipsed forecasts for first-quarter profits and sales, its outlook for the second quarter disappointe

2017 Château Larrivaux, Haut-Médoc, Bordeaux, France £18.50, hhanc.co.uk When this esteemed issue hits your doormat, I will be in Bordeaux putting the finishing touches to my 2023 En Primeur Report. While I always taste and score all the great estat

“Befittingly of his life of secrecy,” Brian Reader (pictured), known by some as the “last of the gentleman thieves” and infamous for his role in the Hatton Garden Heist of 2015, “breathed his last quiet breath” at his home in Dartford in September of

Spanish prime minister Pedro Sánchez (pictured) “inspired anxiety, bewilderment and right-wing hopes” last week when he reacted to the opening of a judicial investigation into his wife by declaring he was “considering quitting” his post, say Jason Ho

Going… John Lennon’s “lost” Framus 12-string “Hootenanny” acoustic guitar is expected to set a new world price record for a Beatles guitar when it appears at Julien’s Auctions’ two-day sale in New York from 29 May. Lennon played the instrument on the

Changing the leadership of a company can be a big gamble. If a company has been in trouble, the new CEO will be under pressure to revive its fortunes, while successful leaders can be hard acts to follow. Should you bet on the new broom, or will thing