When Bismark created the world’s first state pension scheme in the 1880s he never expected to pay out – it was simply a creative (and seemingly popular) tax raising exercise. Life expectancy in Germany at the time was 48, so 65 was selected for benefit payments to start, thus ensuring there were few, if any, […]
When something comes along that sends an established market into turmoil it is usually described as a ‘disruptive technology’. Recently I have spotted at least two such changes. When EML started I saw a friend had a home office printer/copier/scanner which looked ideal – and so it proved, but with one big drawback. The unit […]