After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
London City lands third place in airport poll August 21, 2014 London City airport has been voted Britain’s third best airport, sharing the position with Blackpool Airport in comparison website Which’s 2014 airport passenger survey. For the second consecutive year, London Southend topped the pile, despite having to share this year’s gong with Robin Hood Doncaster Sheffield. As in 2013, London Luton was labelled Britain’s worst.
House building rises, but more homes needed August 21, 2014 Even after the past year’s spike in house building, England is still far short of an adequate level of construction, exacerbating the country’s enormous supply shortfall. Building firms started construction work on 137,000 residential properties during the year to June, an increase of 22 per cent on the same period last year, according to the [...]
Highest number of first-time homebuyers since before the crash August 21, 2014 The numbers of first-time buyers jumped by 25 per cent in the year to July, according to data out today from LSL Property Services. A total of 30,000 first-time buyers snapped up a property last month, the highest number since August 2007. They paid an average of £151,844, a price which has risen eight per [...]
State reputation riskier than sanctions for Russia’s oil and gas companies August 21, 2014 The Russian government’s reputation is a greater threat to the cred it worthiness of the country’s energy companies than the sanctions levied against the sector by the US and Europe, according to a report released yesterday. Credit ratings agency Standard and Poor’s (S&P) argued in research yesterday that sovereign risk is the largest factor weighing [...]
New York judge won’t declare Argentina in contempt over debt August 21, 2014 US DISTRICT Judge Thomas Griesa yesterday declined to find Argentina in contempt of court for its proposal to bring defaulted sovereign debt under local law. Griesa said a proposal by Argen – tine President Cristina Fernandez on Tuesday was illegal, but that a contempt order now would not help bring about a settle ment in [...]
Huge jump in young jobless finding work as youth unemployment drops to 10-year low August 21, 2014 The proportion of young people who are not in employment, education or training (NEETs) has dived to a 10-year low, official figures showed yesterday. Just 13.3 per cent of 16- to 24-year-olds were NEETs in the three months to June, the Office for National Statistics (ONS) said, down from 15.1 per cent a year earlier. And [...]
Russia and Thai tension drags UK tourist spending to five-year low August 21, 2014 Tourist spending in the UK has slumped for the first time in five years, after the Russia-Ukraine conflict and political unrest in Thailand deterred visitors from those countries. Figures published today by tax-free shopping specialist Global Blue showed that spending by overseas visitors fell by four per cent in the first six months compared with [...]
Heading away? That’ll be £50 to the taxman August 21, 2014 JETTING off for a week on foreign shores may cost you more than just a dodgy tanline and a peeling nose. New research suggests that every time British holidaymakers go away, they stump up £50 to the taxman for the pleasure. Campaign group the Taxpayers’ Alliance has totted up the cost of tax paid on holiday [...]
Sportech hit by bad US weather August 21, 2014 BETTING operator Sportech yesterday announced that the double whammy of extreme US weather and a strong pound, had hit first-half earnings. The group posted a 3.3 per cent fall in revenues to £52.6m on the back of 280 cancelled US horse race meetings during the six months to 30 June. “It is disappointing that the [...]
MBNA takes the helm on Thames Clippers August 21, 2014 UK credit card provider MBNA – owned by Bank of America – has acquired the naming rights to London river fleet provider Thames Clippers as it finalises plans to “digitise the Thames” in a three-year initial partnership. The announcement comes as Thames Clippers celebrates its 15th anniversary. It started with one boat in 1999, when [...]