Bank of England policymaker warns of 'pandemic hangovers', as private sector shrinks – as it happened

Rolling coverage of the latest economic and financial news, as the UK Treasury Committee questions the Bank of England

Earlier:

7.04pm GMT

Time to wrap up.

MPs have heard that the UK economy risks a ‘pandemic hangover’, even once Covid-19 vaccines are deployed.

Obviously it’s better to have a vaccine than not, but those are hangovers from the pandemic even as and when there is an effective vaccine, which I suspect will weigh on the economy for some time.

Speaking personally, it felt like the first time in eight or nine months that there is some lights coming at the end of the tunnel.

I have … Read more

Brain Coach Jim Kwik on How to Learn Any Skill or Subject Quickly

If your brain is your biggest asset, what’s the easiest way to build that wealth? You need to learn smarter, faster and more efficient with a simple technique, using the word F.A.S.T.

That’s according to Jim Kwik, the CEO of Kwik Learning, who has spent more than 25 years studying the brain and coaching employees at businesses like Elon Musk’s SpaceX and Richard Branson’s Virgin about how they can improve memory, spead-read, and unlock their brain’s potential. He’s also the author of Limitless: Upgrade Your Brain, Learn Anything Faster, and Unlock Your Exceptional Life (Hay House, 2020).

In the latest Inc. Real Talk streaming event, Kwik explained that the stress of the Covid-19 pandemic is affecting how quickly people are able to pick up that new quarantine hobby or skill–whether it’s learning Mandarin, a new sales software, or how to salsa. 

“Our cognitive abilities are limited when our

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Want to Give a Better Presentation to Investors? Start With These 3 Tips

If you’re a founder trying to raise money, I bet I can tell you the biggest problem with your pitch deck without even needing to look at the presentation.

As an investor myself, I see a lot of pitch decks from entrepreneurs trying to raise money. Of course they span all different stages, industries and ideas. The founders come from all different ages and backgrounds. They are all very different, but they almost always have one thing in common:

They fail to truly showcase what is unique about the company.

My advice is always the same the first few times we look at the presentation. Simplify and focus. I also share the following advice:

1. Stop jamming way too much information into the presentation.

You are likely trying to make sure you have a slide to answer every question that every investor could ever ask. The result is

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Joe Biden Wrote an Incredibly Inspiring Letter to His Staff. Every Smart Leader Should Copy It

This is a story about President-elect Joe Biden, and a letter that he wrote to his staff that just became public. 

Regardless of whether you supported Biden, or President Trump, or anyone else in the recent election, I think you’ll want to read it, and consider doing something similar in your business. 

The letter is from 2014, when the president-elect was serving in his second term as vice president. It runs only 126 words, after the simple greeting, “To My Wonderful Staff:”

From there, it goes like this:

I would like to take a moment and make something clear to everyone. I do not expect nor do I want any of you to miss or sacrifice important family obligations for work. 

Family obligations include but are not limited to family birthdays, anniversaries, weddings, any religious ceremonies such as first communions and bar mitzvahs, graduations, and time of

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Because It’s 2020: The Best Wellness Gifts for Holiday Giving

A gift with wellness or self-care in mind can be as innovative as it is effective. Our guide of gender-neutral options includes the edible, the high-tech and a spiffed-up version of a classic home accessory. 

Oura, from $299
The Oura Ring is a mainstay among athletes, CEOs and high-profile entrepreneurs. Wear it on your finger like a traditional ring, and it tracks biometric data to give you the lowdown on your activity, heart rate, sleep patterns, basal body temperature and more. The gadget’s five-day battery life helps justify the splurge.

Sky Ting TV, $20 a month/$200 a year 

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A subscription-based streaming platform, Sky Ting offers more than 200 recorded classes as well as live sessions on a range of yoga-based wellness practices such as slow flow vinyasa, pre-bed relaxing meditations, deep breathing and body awakening backbends. Lengths range from two minutes to over an hour.

Do it Yourself

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