After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Help to Buy boosts Barratt sales by 47 per cent November 13, 2013 Barratt Developments has praised the government's Help to Buy scheme for playing a large role in the rising activity in the housing market, reportinga rise in private forward sales of 46.7 per cent, or £1.1bn, for the period of July to November. The company's interim management statement, released on Tuesday, said: The Government's Help to [...]
Help to Buy “already delivering” says David Cameron as second phase sees over 2,000 applications November 11, 2013 Help to Buy is gathering momentum. This morning both RBS and Halifax reported strong uptake of its second phase, which was launched a month ago. 2,384 applications have been put in, totalling £365m of new mortgage lending. On average, households have asked to borrow around £155,000 for houses worth about £163,000. The UK average house [...]
Experian boss defends his drive for expansion November 10, 2013 Don Robert has steered the credit checking firm into fast-growing new businesses AS THE boss of a company best known for its credit checks, Don Robert is at home talking about hazardous spending decisions. “Arguably if every investment we made was brilliant we’d have to ask ourselves the question: are we taking the right amount [...]
Our guide to the best investments November 7, 2013 London property prices are sky-rocketing, so what better time to invest with the rest? RIGHT now, investing in a London home looks like a pretty smart move. Asking prices saw a 10 per cent increase last month and, with low-deposit schemes like the government’s Help to Buy initiative, more people are looking to invest in [...]
Ecclestone: Veto shows bribe to retain control not needed November 7, 2013 FORMULA One chief Bernie Ecclestone has revealed a key argument in his defence to charges that he paid a $44m bribe to stay in charge of the sport: his position was virtually ringfenced anyway. Ecclestone says he would not have needed to bribe anyone to hold onto his job because governing body the FIA was [...]
Help to Buy lifts Persimmon new sales past 3,000 November 6, 2013 HOUSEBUILDER Persimmon said yesterday it has sold over 3,000 homes under the government sponsored Help to Buy scheme, in yet another sign of rising confidence in the housing market. Chief executive Jeff Fairburn said that while 90 per cent of sales were to first-time buyers, growing market confidence was prompting more second and third-time buyers [...]
Horological heaven in Chelsea November 6, 2013 The fine watch extravaganza that is SalonQP opens tonight at the Saatchi Gallery. Timothy Barber picks his highlights About a year ago, I was making my way through the Saatchi Gallery when a man walked past carrying in his hand a tiny metal gadget that resembled a beetle crossed with a miniature car engine. But [...]
House sales jump as Help to Buy kicks in November 6, 2013 British house building company Persimmon has posted an increase in weekly private sales of 45 per cent in the third quarter. The firm attributed a large part of the stronger growth to the government's Help to Buy scheme, which the company says "has proved particularly attractive." Persimmon sold 3,000 homes under the first phase of [...]
Matchmakers transforming how we buy and sell shares November 3, 2013 Annabel Palmer talks to the duo behind Asset Match, the online peer-to-peer trading platform CROWDFUNDING platforms are multiplying across the world, with investors flocking to websites like Kickstarter to take a punt on small, private companies in the hope of high reward. Indeed, according to a recent report by research firm Massolution, by the end [...]
Ignore the cranks: Orthodox economics can account for the 2008 financial crash October 30, 2013 ONE OF the more annoying false memes of recent years has been the notion that standard corporate finance models have not worked in or since the 2008 financial crisis, and that no orthodox economics account of that crisis has been offered. As someone who implements standard finance models, and has written orthodox economics accounts of [...]