The City of London has never been known for understanding technology and has never matched Silicon Valley's tradition of knowledgeable investment in technology start-ups, just as the U.K. government has never matched the vast investment made by the U.S. government.

Systems governed by only one set of rules are more vulnerable than those with variety.

L'Oreal's slogan 'because you're worth it' has come to epitomise banal narcissism of early 21st century capitalism; easy indulgence and effortless self-love all available at a flick of the credit card.

Lots of creativity is and should be solitary.

Teenagers learn best by doing things, they learn best in teams and they learn best by doing things for real - all the opposite of what mainstream schooling actually does.

The most dynamic cities have always been immersed in the critical innovations of their time.

Before the Second World War, L'Oreal in France was an active supporter of the French fascists. The cosmetic group's founder Eugene Schueller was an active member of the 'Cagoule' group, committed to the violent overthrow of the Third Republic, and hosted meetings at Oreal headquarters.