Business picks from elsewhere, Tuesday 13 March

Snapshot cameras, 'friends', and elderly entrepeneurs.

1. Experience trumps exams for Strategists (Financial Times)

We don't need a new class of certified strategists, writes Andrew Hill.

2. Underdeveloped (Babbage)

Snapshot cameras may soon become a thing of the past, writes Babbage.

3. Facebook's underwriter friends are cheap insurance (Reuters)

Some of the new batch of banks may be friends of convenience, writes Robert Cyran.

4. Silicon Valley's undeserved moral exceptionalism (Reuters)

Silicon valley likes to think of itself as morally exceptional, writes Rob Cox.

5. Entrepeneurs: grayer than you'd think (Portfolio)

The highest rate of entrepreneurial activity belongs to the 55-to-64 age group, writes Teresa Novellino.

 

 

Older entrepeneurs are on the rise, Getty images.
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Tony Blair won't endorse the Labour leader - Jeremy Corbyn's fans are celebrating

The thrice-elected Prime Minister is no fan of the new Labour leader. 

Labour heavyweights usually support each other - at least in public. But the former Prime Minister Tony Blair couldn't bring himself to do so when asked on Sky News.

He dodged the question of whether the current Labour leader was the best person to lead the country, instead urging voters not to give Theresa May a "blank cheque". 

If this seems shocking, it's worth remembering that Corbyn refused to say whether he would pick "Trotskyism or Blairism" during the Labour leadership campaign. Corbyn was after all behind the Stop the War Coalition, which opposed Blair's decision to join the invasion of Iraq. 

For some Corbyn supporters, it seems that there couldn't be a greater boon than the thrice-elected PM witholding his endorsement in a critical general election. 

Julia Rampen is the digital news editor of the New Statesman (previously editor of The Staggers, The New Statesman's online rolling politics blog). She has also been deputy editor at Mirror Money Online and has worked as a financial journalist for several trade magazines. 

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