Ben Pruchnie / Getty LONDON — Former Chancellor George Osborne had a secret plan to get rid of 1p and 2p coins, but was stopped by then-Prime Minister David Cameron who worried the move would harm the image of the Conservative party, according to The Guardian. Osborne reportedly came within weeks of scrapping coppers shortly after winning […]

Billionaire trader Stanley Druckenmiller, formerly a top investment strategist to George Soros, has listed his palatial Greenwich, Connecticut, estate for $ 31.5 million, the Wall Street Journal reported. The estate has 12,238 square feet of living space and eight bedrooms in total. It sits on nearly 20 acres and is technically three lots combined into one. Druckenmiller and […]

Former Chancellor George Osborne thinks the government will be as good at protecting society from future technological developments as it was at solving Victorian London’s “horse shit” problem — which means, not very. Osborne appeared on a panel with “futurists,” tech staff, and academics in London on Tuesday night titled “A glimpse into the future?,” […]

Clarity Money Where can you find an unbiased, personal finance app that serves purely in your interests?  An app that analyzes your bank accounts, your recurring subscriptions and your spending habits to figure out how to save you money? That’s what personal finance app Clarity Money, launching on Tuesday, promises.   Clarity Money is cofounded by Adam […]

Razer Min-Liang Tan, founder of Razer. Razer, the $ 1.5 billion company synonymous with hardcore gaming, just bought iconic audio company THX, which was founded by Star Wars creator George Lucas. Razer’s cofounder and CEO Min-Liang Tan revealed the acquisition of the majority of THX assets in an interview with Business Insider. He would not […]

REUTERS/Bernadett Szabo George Soros George Soros’ CIO Ted Burdick is stepping down just eight months after being promoted to the role, according to a Bloomberg News report. Burdick will remain at Soros Fund Management, running a credit portfolio, Katherine Burton and Katia Porzecanski are reporting. The fund is searching for Burdick’s replacement, according to the report.  Soros, a […]

REUTERS/Christian Hartmann George Soros TruMid, the trading startup backed by  venture capitalist Peter Thiel and investor George Soros, has hit a key milestone. The electronic trading platform for corporate bonds has now traded over $ 1 billion since its revamp just over a month ago. The firm passed the milestone on Tuesday August 9. “We’re encouraged to see […]

Chancellor George Osborne is holding crunch talks with UK bank bosses to coordinate a “great national effort” in the wake of the Brexit vote. The Chancellor tweeted earlier this morning: Meeting major banks in Downing Street shortly to discuss response to referendum result. We need great national effort to steer UK through — George Osborne […]

Reuters Britain’s Chancellor of the Exchequer, George Osborne. Chancellor George Osborne is planning a huge 5% cut in corporation tax in the wake of Britain’s vote to leave the European Union, in order to keep companies here and encourage more investment. The Chancellor told the Financial Times in his first interview since the Brexit vote […]