If you’re a fan of the brilliant, page-turner author Robert Harris, you may have read ‘The Fear Index’, his surely-sci-fi 2011 novel about a hedge fund managed by Artificial Intelligence. Well, guess what, such a thing has come to pass, at the behest of Standard Life, no less. In the novel the AI could also control the markets. I’d give it less than another seven years, wouldn’t you? Clever these Chinese, as my grandad might have said.
“‘Helpful change’ or ‘political stunt’?: The debate on the Great British ISA and what investments should qualify”
Don’t hold your breath on this one. The idea is that, if you invest in British Bulldog Stocks and Shares, you may get an extra £5,000 of ISA allowance, but how that might work in practice is up for discussion or consultation until 6th June.