After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Chancellor hopes for 200,000 new homes as a result of budget measures March 19, 2014 George Osborne has announced the government will be providing support to small housebuilding firms, with £150m used for new build housing. The construction of a new garden city at Ebbsfleet was also confirmed. The chancellor said the measures taken in the budget would support over 200,000 new homes, with 120,000 built as a result of [...]
London Report: Building boost helps FTSE snap its losing streak March 17, 2014 BRITAIN’S top share index snapped its longest losing streak in two and a half years yesterday as the building sector surged on a government plan to pump more cash into a scheme to boost construction. Persimmon was among top FTSE gainers, rising 3.7 per cent after chancellor George Osborne said on Sunday he would extend [...]
The convertible for all weathers March 17, 2014 The new BMW 435i Convertible is a versatile offering that’s perfect for the temperamental British climate Looking for somewhere that’s warm at this time of year? Well, you can strike Nevada off the list – BMW just launched the new 4 Series Convertible there, and it was freezing. I know, I know – poor old [...]
City A.M.’s bumper Budget preview March 17, 2014 As chancellor George Osborne gets ready to unveil the penultimate budget before the general election, we've pulled together all the expected announcements, and what others are hoping for. Deficit Due to the scale of the budget deficit Ernst & Young believe the chancellor has little room for manoeuvre in terms of giveaways. While the Office [...]
What the other papers say this morning – 17 March 2014 March 17, 2014 FINANCIAL TIMES Big banks put forex bonuses on hold Barclays, Citigroup and Royal Bank of Scotland have frozen bonuses across swaths of their foreign exchange trading teams pending internal investigations into possible manipulation of key currency benchmarks. The cash and share bonus suspensions are targeted on the wider team rather than just the traders under [...]
Supply shortfall driving London housing market March 17, 2014 EACH property on the London market is chased by 13 buyers, according to shocking new figures that show the strength of demand in the capital. According to estate agents Barnard Marcus, the number of buyers has surged by 25 per cent in the past year, and the number of transactions is up 20 per cent [...]
Housebuilders urged to sell to Londoners first March 11, 2014 BORIS Johnson has urged housebuilders and developers to sign up to a new deal to stop giving buyers living abroad the first chance to buy London homes sold before they’re built, in a bid to get more Londoners onto the housing ladder. Speaking at Mipim, the property industry’s annual conference in Cannes yesterday, the London [...]
Boris urges developers to stop offering London homes to foreigners first March 11, 2014 Boris Johnson will urge developers and investors this afternoon to sign up to a new deal to stop giving buyers living abroad the first chance to buy London homes sold before they’re built, in a bid to get more Londoners onto the housing ladder. Speaking at Mipim, the property’s industry annual conference in Cannes, the [...]
Investment into Europe property hits record high March 10, 2014 INVESTORS from outside of Europe spent a record €36bn (£30bn) on European real estate last year, with US, Asian and Middle Eastern investors leading the charge. According to research released today by DTZ at Mipim, the property’s industry annual conference in Cannes, this represented a 26 per cent share of total volumes invested across the [...]
The New York Times is totally wrong in its attack on London March 10, 2014 AN op-ed in the New York Times slamming the UK’s response to the Ukrainian crisis is making waves. Its author, Ben Judah, makes some decent if unoriginal points about how London depends on Russian cash, but his piece is so full of holes a fisking is in order. Here goes. 1 “On the [Shard’s] top [...]