After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Mike Brown hits out at ‘bonkers’ TfL borrowing limits September 16, 2019 Transport for London (TfL) boss Mike Brown has criticised the government for imposing “bonkers” limits on its borrowing and for failing to provide it with long-term certainty over its funding. The TfL commissioner told City A.M. that the organisation’s borrowing caps, which are set by government, were based on “no logic other than discussions within [...]
Issues with no-deal Brexit preparations ‘still to be resolved’, warns City watchdog September 16, 2019 The head of the UK’s financial regulator has struck a cautious tone over the City’s preparations for a no-deal Brexit, warning that while progress is “welcome”, there are “issues still to be resolved”. Financial Conduct Authority (FCA) boss Andrew Bailey said earlier that overlaps between UK and EU share trading regulations post-Brexit would damage both [...]
HS2 told to halt ancient woodlands clearance works pending review September 16, 2019 The government has ordered the removals of ancient woodlands near the High Speed Two (HS2) route to be halted while it waits the outcome of a review into the controversial project. Transport secretary Grant Shapps has told HS2 Limited, the company building the high speed line, to stop its clearance works unless it can prove [...]
Row breaks out over Boris Johnson’s ’empty podium’ moment in Luxembourg September 16, 2019 Boris Johnson has been forced to cancelled a press conference with his counterpart in Luxembourg, after local aides refused to move it away from a protest. The Prime Minister was scheduled to give an update on Brexit talks following a bilateral with Xavier Bettel, as well as the President of the European Commission Jean-Claude Juncker [...]
Barnier to resume Brexit talks as Johnson swerves press conference September 16, 2019 Jean-Claude Juncker has given the go-ahead for the EU’s chief negotiator to resume meetings with the UK’s Brexit secretary, following a meeting today with Boris Johnson. The Prime Minister lunched with the President of the European Commission in a Luxembourg restaurant – the first time the two have met since Johnson took the keys for [...]
Moody’s downgrades Hong Kong’s outlook to negative September 16, 2019 Moody’s has downgraded Hong Kong’s rating outlook to negative, saying that ongoing political protests in the financial hub “reveal an erosion in the strength” of its institutions. Despite the changed outlook, Moody’s maintained Hong Kong’s overall Aa2 rating. Read more: Protesters throw petrol bombs as Hong Kong violence persists Rival ratings agency Fitch Ratings downgraded [...]
Brexit: Sterling falls as Boris Johnson and Jean-Claude Juncker remain at loggerheads September 16, 2019 The pound has shed half a per cent against the dollar this morning as worries grow that Britain and the European Union are no closer to reaching a new Brexit deal. Read more: PM Johnson tips deal in ‘weeks’ ahead of Juncker meeting Prime Minister Boris Johnson is in Luxembourg this morning to meet European [...]
Housebuilder stocks facing a Brexit wrecking ball? September 16, 2019 | City Talk The construction sector seems to be freezing ahead of a potential Brexit. Are investors right to be fleeing housebuilder stocks? The housing sector has been affected throughout the Brexit process, with demand, supply, prices and overall transactions shaken up in the wake of the 2016 referendum. It has not been a straight path for the [...]
PM Johnson tips deal ‘in weeks’ ahead of Juncker meeting September 16, 2019 Boris Johnson has said he is confident of striking a Brexit deal “within weeks” as he travels to Luxembourg to meet Jean-Claude Juncker today. The lunch of “snails, salmon and cheese” is not being billed as a “breakthrough moment” by sources within Number 10 – but the Prime Minister is expected to put forward his [...]
Liberal Democrats split over new Revoke A50 position September 16, 2019 The Liberal Democrats are fracturing over the party’s new position to revoke Article 50, less than a day after it was agreed as formal policy. Yesterday afternoon members overwhelmingly voted for MPs to stand on a manifesto promise to revoke Brexit without a referendum. Under the plan, the Liberal Democrats would still support a second Brexit referendum [...]