The great and the good convened at 1 Plough Place this morning – home of the National Endowment for Science, Technology and the Arts – for the launch of a new report on how the NHS can save a whopping £20 billion (and to hear what Andrew Lansley had to say about the whole thing on behalf of the Conservatives). I’m inclined to agree with NESTA’s proposition that: “It is possible to develop cheaper, more effective patient-centred services and approaches to public behaviour change but only by adopting radical new ways of innovating within the NHS”. There’s been a prevailing shift towards consumerism in healthcare which signals opportunities to make efficiency savings while improving patient satisfaction through better online self-service systems, as well as kiosks and the like. Is this going to be the holy grail that we’ve all been looking for?
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Thomas Train

The ‘Sage of Omaha’ Warren Buffet has just bought one of America’s largest freight railway firms, Burlington Northern Santa Fe (BNSF) for $26bn in an “all-in wager” of America’s economic future.

He could have gotten a big chunk of a UK bank for that price, but Mr Buffet thinks that ‘railroads will get a decent return’ and will underpin a low-carbon economy in the future. With efficiency much higher than any other transport mode for goods, railroads will probably become a hot-potato for politicians as well (for some it already is).

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