How buy-and-build stocks deliver strong returns

Roula Khalaf, Editor of the FT, highlights the damaging gaps in the UK's jobs data that may have wider implications for the country's statistics, as a top lawmaker warns of economic policymakers "flying blind" due to failures in data collection. Dame Meg Hillier raises concerns about under-investment in systems, drawing parallels with the Bank of England's issues, and emphasizes the need for a solution to the data gaps to address challenges such as lacklustre growth...

The FBI is investigating an "act of terrorism" in New Orleans after a man drove a pick-up truck into a crowd, killing 10 and injuring 35. The suspect, Shamsud-Din Jabbar, had ties to Isis and military experience, with explosive devices found in his vehicle. President Biden and President-elect Trump both condemned the attack, with New Orleans Mayor LaToya Cantrell calling it a "terrorist attack" and urging prayers for the victims. Full Article

This Side Hustle Spotlight Q&A features JW Wiseman, founder of the non-alcoholic craft cocktail company Curious Elixirs, which has seen rapid growth, generating $2.2 million in its first five years and over $50 million in the past five years. Wiseman started the business after changing his own relationship with alcohol and wanting to create an elevated non-alcoholic cocktail experience. Despite challenges like creating unique ingredient extracts and filming a failed Shark Tank segment, Curious Elixirs...

Entrepreneur contributors stress the importance of automating personal finances to easily track expenses and manage money efficiently. By organizing expenses, setting up automated payments, and linking savings accounts, individuals can maintain control over their finances and build confidence in their financial management skills. Utilizing banking apps, setting up reminders, and using budgeting tools can further streamline the process, helping individuals make informed spending decisions and achieve financial stability. Full Article

Disclosure: Entrepreneur may receive a small share of revenue from sales of products featured. The Luminar Neo bundle offers award-winning AI-powered photo editing tools for professionals at a discounted price of $144.97. The bundle includes advanced features like Skyᴬᴵ and Relightᴬᴵ, extensions for tasks like panorama creation and background removal, and add-ons for color grading and seasonal overlays, along with a video course for beginners. Full Article

In the Unlock the Editor’s Digest, Roula Khalaf selects her favorite stories, including the increase in migrants arriving in the UK via small boats by 25% in 2024 compared to the previous year. The total number of arrivals reached 36,816, making it the second-highest year for Channel crossings since 2018. Prime Minister Sir Keir Starmer faces pressure to address irregular migration as immigration and asylum become a top concern for voters, with the government vowing...