These key political and financial terms are sometimes confused. 'Deficit' is when spending exceeds income; 'debt' is the accumulated 'deficits' to date. Both words are Latin in origin, though 'debt' has been with us longer. It derives from debitum, which itself comes from the verb debere, to owe: in other words, it means 'the thing owed'. 'Deficit', on the other hand, comes from deficere, to fail, lack or undo, and means 'it is wanting'. Figurative uses are allowed: explain the difference and you can remedy a 'deficit' in someone's understanding and leave him in your 'debt'.
Brexit is an opportunity for regulators to enable innovation while protecting wider society, says PA Consulting's Conrad Thompson.
The generations have much to learn from each other, says veteran hospitality entrepreneur turned Airbnb advisor Chip Conley.
The best ideas rarely come from behind a door marked 'Innovation Department'.
The search for new products, new routes to market and new business models can't stop at your front gate, says AAR's Robin Charney.
The tech boss has already done the hard work of letting go, says Simon Hayward.
The ex-ICI soda ash business faced a make-or-break hike in its costs.