After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Making global local: Maxus’s Lindsay Pattison talks India, inequality and the long term April 18, 2016 "Media is the fastest growing area of marketing. We are the link now between advertising and sale, and everyone wants a piece of the action,” says Lindsay Pattison, global chief executive of Maxus. The fourth arm of WPP’s Group M – the world’s largest advertising media company, which buys one in every three adverts sold – [...]
Housebuilders outside of London are unfazed by prospect of a Brexit despite warnings over industry slowdown April 18, 2016 HOUSEBUILDERS across the UK are unconcerned about the effects of a British exit from the European Union, but in London there are fears that it could worsen the capital’s housing crisis. Just 31 per cent of British housebuilders said they are worried about a so-called Brexit, compared to 49 per cent who are not worried, [...]
Will Barack Obama’s intervention in the EU referendum in support of Remain backfire? April 18, 2016 Jack Montgomery, a spokesman for Leave.EU, says Yes. Barack Obama’s support for the EU is probably best explained by a desire to answer Henry Kissinger’s famous question: “Who do I call if I want to speak to Europe?” But we can’t make this decision based on what the US State Department finds most convenient. In fact, [...]
Economic think tank EY Item Club warns over UK’s single engine consumer spending economy April 18, 2016 Consumer spending will continue to be the main driver of the economy this year, though if business investment fails to return in 2017 growth could falter, the EY Item Club think tank has warned. Consumer spending is expected to grow by 2.5 per cent in 2016, but slow to 2.1 per cent in 2017 as [...]
Institute of Directors: Schools must avoid becoming “exam factories” to compete with robots, automation and technological change April 18, 2016 Up to 15m jobs are at risk from the rise of automation, the Institute of Directors (IoD) has warned, and a huge shift is needed in the way we think about education in order for the UK to adapt to the unstoppable force of technological change. The focus of our school system must be altered if it is to [...]
“Challenger broker” Zeus Capital hails bucking the investment banking trend with 2016 figures April 18, 2016 Boutique investment bank Zeus Capital described itself as a "challenger broker" as it released results showing it has "bucked the trend". In the year to 31 March 2016, Zeus said it had completed 23 transactions, raising £1.5bn – up from around £500m in the previous year – across the public and private markets. Its revenue for the period was [...]
Lack of language learning in schools is holding back the UK’s trade and business opportunities according to the Language Trends Survey 2016 April 18, 2016 A lack of language skills among British workers could be costing the UK tens of billions of pounds in missed trade and business opportunities each year. Teachers have expressed "deep concern" about the current state of language learning in English schools, in a report released today by the British Council and the Education Development Trust. [...]
New business in the medically underwritten bulk annuity market has continued to grow to £1.2bn in 2015 April 18, 2016 Apparently, bulk annuity deals are just what the doctor ordered. The medically underwritten bulk annuity (MUBA) market pulled in over £1bn in new business last year, according to figures released today. The analysis by JLT Employee Benefits found that the value of new business in the MUBA market grew to £1.2bn in 2015, up from £540m [...]
EU referendum and Brexit risk low priority for dealmakers in global M&A survey April 18, 2016 The prospect of a Brexit is a low-priority risk for global dealmakers, a new mergers and acquisitions (M&A) report suggests. Research by law firm Herbert Smith Freehills (HSF) also found global appetite for M&A has been largely unaffected by economic volatility in 2016. Read more: Mr Kipling owner not tasty enough for McCormick after all The authors of [...]
Cyber security training is outdated or not fit for purpose at many UK companies, finds new study April 18, 2016 Cyber security training at many UK companies has failed to move with the times, research out today has found. The study by AXELOS found that less than a third of firms were employing modern techniques, such as gamification and animation, into their cyber security training. In addition, fewer than half (46 per cent) of executives in [...]