Hello,
Mince pies are coming into season and with it all the usual debates. Many people are put off them altogether by the word ‘mince’. Whilst they are not packed with Bolognese they did once upon a time contain actual mincemeat. I can see why that would be offputting.
If you are on board, however, there are so many sources it can be overwhelming. You’ve got your six for £1-2 supermarket ones, which are the workhorses of the mince pie world. Can’t really go wrong with these and there’s always a packet knocking about over the festive period. There’s then the fancy supermarket ones where Heston Blumenthal has chucked in his ten pence worth. There’s probably some dark chocolate and cranberries involved. Good for the novelty but ultimately they won’t be back next year.
There’s a whole category of overpriced ones which can be eaten in one mouthful. They’re fine and you wouldn’t say no but you’re better off getting 30 supermarket ones instead. Or if you want to invest, bakery ones are class. They’re a different thing in that you’ll probably only have a couple per season max but it’s nice to see what a professional can do with a bit of pastry and some mincemeat.
Lastly, you’ve got your homemade mince pies, which more often than not have a star on top for some reason. I think these ones are really more about the process and the intention than the finished product but like anything homemade, there’s a certain wholesomeness to them.
There’s then the question of how to consume them. Personally, I don’t really stand on ceremony when it comes to mince pies, I’m happy to just scran them out of the packet. Sure, on Christmas day we can do the whole brandy butter and small fork thing but I can take or leave the heating up. Yes, the inside being as hot as the sun contrasts nicely with the brandy butter but it slows things down.
I’ll take the lot,
Hugo
Chief Mince Pie Officer
The Business of Stuff
The Stuff
Amazon is putting another $4bn into Anthropic 💸 - this brings the total investment into the creators of the Claude chatbot to $8bn. The big tech companies have been shying away from acquisitions to avoid getting snarled up in anti-trust lawsuits but they have a clear need for this technology so Alexa can take your kids to school or whatever.
Material science makes the impossible possible 🪥 - without the ceramic coatings that are put on jets, the hot air coming out the back would just melt the engines. Unfortunately one of the main uses is for missiles which are ‘unfriendly’ to say the least. They can also massively extend the life of tools and thanks to clever coatings you can get most of the toothpaste out of the packet.
An underwhelming beach party gets Neom boss the sack - Sindalah, a luxury island resort was the first component of the $1.5 trillion project to open but has been described as “merely average”. Nadhmi al-Nasr, who has been on his way out for a while, had to hire forty yachts to make it look a bit busier for the opening. Will Smith was there so it’s no wonder everyone was a bit on edge.
Jaguar has a shocker with their new branding 🚘 - the video that they posted online this week that doesn’t actually feature any cars feels akin to Aston Martin announcing they are launching a range of neon bicycles with a new logo that’s a fuchsia labradoodle. Reinvention is important and good for them going electric, but this is just pouring away all their brand equity and starting again.
Klarna listing in the US is not a good look for Europe 📈 - the ‘buy now pay later’ startup from Sweden announced this week that they will be listing in New York. This is largely because access to capital in the US is so much better than in Europe, and so this side of the Atlantic has started to become a mere incubator for the biggest companies. Just 5% of venture capital funds are raised in Europe and 40 of the 147 unicorns founded between 2008 and 2021 are headquartered elsewhere.
NHS uptake of Palantir is increasing - it’s taking longer than expected but 87 trusts have now signed up to the Federated Data Platform which brings together data from different systems to improve efficiency. This is exactly where one person’s dystopia (see Spectre) meets a futurist’s utopia. The opportunity provided by a single healthcare system is massive but people are understandably suspicious of shady American technology companies.
Really expensive mince pies are often worth it 🥧 - didn’t get enough mince pie? Well The Times has reviewed a number of top-end mince pies so you can splash out in an informed manner. Pump Street Bakery in Sussex is the winner, whose pies work out at £4.16 each. If I find myself in Orford I will certainly be heading down to their pretty pink shop.
Banana duct-taped to a wall goes for $6.2m 🍌 - the piece by Maurizio Cattelan, which is aptly named ‘Comedian’ was sold to a cryptocurrency entrepreneur (who else?) this week at Sotheby’s. Someone actually ate the banana at one point and the new owner intends to do the same so it is really just the certificate he’s bought which plays well to the mindset that makes NFTs valuable.
57% of humans are connected to mobile internet 📱 - the big wall that tech companies hit in the 2010s was the number of people who could actually access their products so there was a massive push to give more people connectivity. This uptake is beginning to slow as the pool of potential users shrinks. Only 4% of the world live in areas where there is no mobile coverage but cost is of course an issue and for many of these people, scrolling is not their main focus.
London City, Birmingham and Bristol airports are up for sale ✈️ - Ontario Teachers Pension Plan which currently owns big chunks is in talks with minority shareholders to offload them with analysis putting the combined value at £10 billion. The sale comes as the value of airports increases due to air travel bouncing back post-pandemic.
Quote of the week
“The only difference between me and a madman is that I'm not mad.” - Salvador Dali