• 6 May 2026

    The Race Against Itself — UK fiscal arithmetic, the productivity rescue, and the cohort the country is signalling its willingness to lose

    Cross-category piece. The UK's fiscal arithmetic, on most institutional projections, cannot be closed by tax rises or spending cuts alone. The remaining lever is productivity growth. On current evidence, productivity at the scale required runs heavily through a small and globally mobile cohort — AI researchers, deep-tech founders, life-sciences scientists, the engineers and operators around them. The country's policy responses to its fiscal pressure are signalling to that cohort that they should leave. The race is between the productivity rescue arriving in time and the cohort departing fast enough to ensure it does not. Diagnosis presented at full strength. Four counter-positions presented at full strength. The publication's residual lean named.

  • 5 May 2026

    The Wrong Winners Write the Books

    Founder advice is not only survivor-biased. It is filtered toward the survivors most certain that their outcome was repeatable. The classic survivorship filter is well known: failures do not write the books. Two further filters operate on the survivor cohort itself — and they are what give the recruitment narrative its tone before any individual VC, accelerator, or founder-coach does anything. This piece names all three.

  • 30 April 2026

    Inheritance Tax and the UK Tech Cohort

    What is being argued, what the disagreement turns on, and what different evidence would mean — for the founders, investors, and operators driving the new economy.

  • 30 April 2026

    Inheritance Tax and the UK Tech Cohort — full version

    The complete paper, with international comparators and a detailed treatment of what different evidence would mean.

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