After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Tesco is going deeper into the mortgage market April 19, 2016 Another surefire sign UK house price madness isn't showing any signs of abating: now Tesco wants a bigger slice of the pie. Or that's the suggestion from a statement this morning, in which the supermarket said its banking arm (the snappily-titled Tesco Bank) is launching its own mortgage intermediary service – called, you guessed it, Tesco Mortgage Intermediaries. The [...]
What to expect Mark Carney to be grilled about by the House of Lords today – from Brexit to current account, inflation and Panama Papers April 19, 2016 The most watched man in Threadneedle Street will trundle over to SW1 today to face his annual grilling from the House of Lords Economic Affairs Committee. That’s right, the governor of the Bank of England, Mark Carney, will be up against 13 of the Lords’ sharpest minds, all desperate to peer into the soul of [...]
London mayoral election 2016: What do financial traders think will happen on 5 May? April 19, 2016 With just over two weeks until London elects its next mayor, polls are showing Sadiq Khan leading over Zac Goldsmith, with other candidates expected to finish some way behind the pair. But while Khan and Goldsmith are not a million miles apart in the polls – or indeed with bookmakers – they are with financial [...]
Five things we learned about the way we eat now from Pret a Manger’s annual results April 19, 2016 There's no better barometer of the nation's eating habits and hottest foodie trends than Pret a Manger's yearly results. Last year, it was all about pulled pork and quinoa. This year, we're ditching the carbs and eating a hell of a lot of avocado… 1. Avocado king We knew avocado was having its moment (thanks, largely, to Instagram), but now [...]
This analyst insists falling house prices at London luxury housebuilding hotspot Nine Elms are nothing to worry about April 19, 2016 Berkeley Group is one of the UK's largest and most dependable housebuilders – and its founder, City A.M. personality of the year award winner Tony Pidgley, achieved near-mythical status after he famously (and correctly) called the top of the market during the downturn. But there's one problem: the company's shares have fallen almost 20 per cent this year, after some expressed [...]
These features will help increase your house price April 19, 2016 To be fair, these days being able to afford any square footage at all is a bonus – but if you're looking for a house at the moment and want to know what will boost your house price, look no further. Online estate agent Emoov has investigated the factors that add most value to homes, [...]
EU referendum: Remain campaign is boosted after government’s controversial leaflet is sent out April 19, 2016 With the EU referendum edging closer and closer the Remain campaign has witnessed a surge of support. The Remain camp has managed to persuade more voters of the merits of staying in the EU after the government's controversial £9m leaflet was sent to households across the UK. Indeed, the latest ORB poll has found that [...]
Oil output down, tax up: Here’s what’s going on with Islamic State’s finances April 19, 2016 Islamic State is having financial troubles. The terrorist group is bringing in millions of dollars less than it did this time last year. “The Islamic State is still a force in the region, but, this drop in revenue is a significant figure and will increase the challenge for the group to run its territory in [...]
Lending standards dip in the Eurozone as banks open up their coffers in response to the European Central Bank’s negative interest rates April 19, 2016 Businesses across the Eurozone are finding it easier to secure bank loans, according to the European Central Bank (ECB)’s quarterly lending survey, released this morning, which also shows that negative interest rates are encouraging banks to lend more. Banks across the single currency bloc said they were loosening their standards for businesses applying for loans [...]
EU referendum: Michael Gove says there will not be an economic shock from Brexit in contrast to IMF, WTO and World Bank April 19, 2016 The International Monetary Fund, World Trade Organisation and World Bank are all wrong according to justice secretary Michael Gove, who has said there would be no economic shock after a Brexit vote. Speaking ahead of his EU intervention later, Gove said that there would not be a short-term shock from Britain leaving the EU, nor [...]