After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Italy v Uruguay spread betting June 23, 2014 IF ALL had gone to plan for England then we would be looking ahead to their final group game against Costa Rica. But since this afternoon’s clash is now a dead rubber, with Roy Hodgson’s men already eliminated, we’ll focus on Italy’s meeting with Uruguay, where it’s winner-takes-all and the spotlight will firmly be on [...]
In graphs: Stamp duty rises by over £900m in 12 months June 20, 2014 A Londoner making his or her way up the housing ladder can expect to have paid £38,000 in stamp duty between 1998 and 2014, according to new research by Lloyds Banking Group. The data also shows, as this paper reported, that stamp duty was up over £900m in the last 12 months. These are big [...]
Why TSB’s share price has jumped by 13pc on its first day June 20, 2014 On its first day of trading TSB shares have moved up by more than 13 per cent, buoyed by strong investor demand. Lloyds floated the bank at 260p per share, valuing the bank at £1.3bn. The sale was 10 times oversubscribed. For now, trading is only conditional – institutional investors are involved but none of [...]
Stamp duty up over £900m in last 12 months June 19, 2014 THE ANNUAL total stamp duty bill has soared to £5.6bn in the year to March 2014, up by over £900m from £4.7bn for the previous year, as home buyers are increasingly being hit by the levy as house prices rise while stamp duty thresholds remain flat, according to research by Lloyds Bank. The increase means [...]
Middle East sets sights on UK real estate June 17, 2014 It is estimated that investors from the Middle East will spend $180bn on commercial real estate abroad in the coming decade, and that nearly half of that will be directed at the UK. The research, conducted by CBRE, predicts that $85 will flow into the UK and a further $60bn to continental Europe: in total [...]
In graphs: London house prices up 18.7pc in just a year June 17, 2014 House prices in London rose 18.7 per cent in the 12 months to April according to new figures released today by the Office of National statistics (ONS). Across the country prices were up 9.9 per cent, with growth outside London and the south east at 6.3 per cent. Despite figures from Rightmove yesterday showing the market [...]
Could this be the end of London’s housing boom? June 16, 2014 The property market boom could be seeing the first tentative signs of a slowdown, according to property website Rightmove. Prices across England and Wales rose by only 0.1 per cent in May according to the Rightmove house price index, compared to 3.6 per cent in April and 1.6 per cent in March. Average prices fell in [...]
London house market shows sign of cooling June 16, 2014 HOUSE prices in London dropped for the first time this year between May and June, dipping 0.5 per cent as buyers’ ability to pay rapidly accelerating asking prices wanes. The average price dropped to £589,776 on the month, according to Rightmove’s latest price index. However, asking prices are still up by more than £70,000 from [...]
What the other papers say this morning – 13 June 2014 June 12, 2014 FINANCIAL TIMES Corporate PC demand boosts Intel Intel has raised its profit guidance for the second quarter on the back of strong demand for business PCs, pushing shares up by more than five per cent in after-hours trading. Demand for the PCs – the market Intel’s chips dominate – is stabilising as companies begin to [...]
Riskier house lending rises to five year high June 10, 2014 MORTGAGES with smaller deposits now make up the largest share of the mortgage market in five years, as the credit market recovers. In the first quarter of 2014, mortgages with higher loan-to-value (LTV) ratios were growing as a share of the market, according to statistics released by the Bank of England yesterday. Loans worth 90 [...]