Society

How many people need to gather together before it becomes more likely than not that at least two of them will share a birthday? The answer might surprise you. It’s just one of the many intriguing facts that I’ve learned at Gresham College. Gresham was founded in 1597, the brainchild of Thomas Gresham, king of what’s now called the Square Mile. He had also established the Royal Exchange, and decreed that rents paid by merchants there should fund free lectures open to anyone. The arrangement continues to this day. No need to enrol or book: anyone can turn up at any lecture that takes their fancy. So next time you

It won’t shock you to read that bank branches are closing. They’re expensive to run, and fewer customers are using them. In fact just 11% of the UK population now prefers visiting a branch to carry out their banking business. But behind these simple facts is a rather grim reality. In the next few years, many consumers will count themselves lucky to live near an old post office branch moonlighting as the last bank standing. This is pretty worrying stuff. And how we’ve got to this point has a dash of Bell Pottinger wizardry about it. It’s so bizarre that I’ve been forced to scavenge the depths of the English

When you’re looking for a new current account, the interest rate is often one of the most important factors in choosing between the many choices on offer. This week’s Best Buys highlights some of the best deals on the market, using data supplied by moneyfacts.co.uk.

The UK economy suffers from low productivity. Productivity measures output per person, or per time worked. If productivity was higher across the economy then people could work less, or be paid more, or both. Productivity drives an economy’s output and thus its potential growth rate and, in turn, living standards. So low productivity economies find to hard to keep up with high productive ones. This is not a new problem. Ahead of the financial crisis the UK was making progress in closing the productivity gap that existed with major competitors such as the US. Since the crisis, though, all western economies have suffered. At various times over the last decade this

For the latest competition you were asked to compose poems about Big Ben’s bongs. The decision to remove the 13-tonne bell during the four-year restoration works on Elizabeth Tower has caused a right old ding-dong, with senior ministers, including the PM, joining the fray. There were lots of entries about health and safety gone mad, though given that being at close quarters to the Great Bell’s 120-decibel bong is the equivalent of putting your ear right next to a police siren, I am not so sure about that. Some of you, in a bid to be original, or perhaps just finding the whole kerfuffle too boring, composed entries about a

Enough has been written about a Conservative government that knows its electoral success depends on Britain remaining a property-owning democracy, yet offers nothing beyond token gestures to stop the young being priced out of home ownership. Enough, too, has been said about graduates being overcharged, pensioners soaking up the largesse of the tax and benefit systems, the failure to upgrade infrastructure, the obesity crisis, and all the other problems that can’t be tackled because of half-thought-through Tory prejudices. Allow me instead to concentrate on the scandal of the privatised water industry. Journalists and academics have been banging on for what feels like an age about an ‘organised rip-off’, to use

An explosion has been reported on the London Underground this morning. Passengers fled from Parsons Green in panic after a device exploded on a District Line tube at 8.20am. Witnesses at the scene report seeing a fireball hurtle down the carriage – thought to have come from a bucket left on the tube. A number of people are injured, suffering burns as a result of the explosion. Images of the suspected IED linked to the Parsons Green explosion pic.twitter.com/ZMwNtrbDJa — Eliot Higgins (@EliotHiggins) September 15, 2017 The attack has been declared a terrorist incident, with the Met’s Counter Terrorism Command investigating. Emergency services remain at the station and commuters are being advised to stay clear

Genna Sosonko is a writer and grandmaster who straddles two great chess cultures, Holland and the USSR, his chosen and native lands. His latest book, The Rise and Fall of David Bronstein (Elk and Ruby Publishing House), does not contain any actual chess analysis but instead focuses on Bronstein’s decade-long obsession with his narrow failure to become world champion in his 1951 match with Botvinnik. Bronstein was one of the most creative players in the history of the game, yet his inability to unseat Botvinnik gnawed at his soul and acted as a block on any future attempt to seize the supreme title, or even to win a major tournament.   A good