After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Tories alone on home loan plan September 29, 2013 DAVID Cameron yesterday announced that a controversial scheme offering taxpayer-subsidised mortgages will launch this week, without consulting his coalition partners and despite mounting criticism that he is stoking a new housing bubble. The second part of Help to Buy, which will enable buyers to purchase a house with a deposit of just five per cent, [...]
Cameron puts European rights law on notice September 29, 2013 DAVID Cameron yesterday indicated that he is ready to pledge to abolish the Human Rights Act in the Conservatives’ manifesto for the 2015 general election. The Prime Minister said he would do “whatever that takes” to ensure Britain can deport foreign criminals that the government believes pose a threat to national security, including replacing the [...]
Help to Buy isn’t the answer to the Conservative predicament September 29, 2013 WITH just 20 months to go before the general election, the Tories need to get their skates on. While many London-centric, private sector employed middle class professionals see Ed Miliband as an unelectable joke, the rest of the country disagrees. YouGov puts Labour 11 points ahead, suggesting a 100 seat majority for Miliband’s party, partly [...]
Two former City workers who built businesses out of the financial crisis September 29, 2013 Adam Taylor and Lexi Tamasan’s pet food subscription service is taking a sizeable bite out of a large market PET FOOD is not the first product most think about when founding a company. But when Adam Taylor saw his mother, who suffers from arthritis, struggling with a large bag of dog biscuits, it struck him [...]
Focus on… Hammersmith: It’s Hammersmith time in London September 26, 2013 HOMES in Hammersmith are increasing in value as young professionals and families compete for properties in the area. Bordered by Shepherd’s Bush in the north and Fulham in the south, the west London area has found its housing stock in short supply in recent years, leading to an average of six applicants per property and [...]
Inside Track: London is ready and waiting for the Royal Mail flotation September 24, 2013 THE FORTHCOMING privatisation of Royal Mail is the biggest post-financial crisis test so far of the market for new issues in London, which was virtually closed for business just a couple of years ago. In the years following the financial crisis, London became a notoriously difficult place on which to list shares in a new [...]
How Labour can deliver on its pledge and tackle London’s housing drought September 24, 2013 HAROLD Macmillan made his reputation – and became Prime Minister – after delivering on his pledge to build 300,000 houses a year in the early 1950s. As Ed Miliband made clear yesterday, when he promised that a Labour government would ensure that 200,000 new homes were built annually by 2020, we now need similar ambition. [...]
Owner of Miller Homes ponders possible initial public offering September 24, 2013 Miller Group, owner of Miller Homes, is contemplating a possible initial public offering (IPO), says The Financial Times’ property correspondent Ed Hammond. Miller Group is the UK’s largest privately owned property development and construction company, and the entertaining of such an idea highlights the sentiment that the UK housing market is looking ever-more positive. City [...]
Confidence lifts value of market for UK flotations September 22, 2013 THE value of UK initial public offerings (IPOs) has soared to $7.16bn (£4.47bn) this year – more than eight times the amount raised by this time last year, according to Dealogic data. A list of 39 flotations this year includes monster deals such as the insurance company esure, with a deal value of more than [...]
Osborne in denial over housing bubble September 22, 2013 London house prices are up 10pc in a year. So why does the chancellor say there’s no bubble? CHANCELLOR George Osborne has rejected suggestions that his policies are creating a housing bubble, even as new evidence emerges that prices are soaring in London. In an interview yesterday, Osborne said: “I don’t see the evidence of [...]