After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
This is Goldman Sachs’ favourite to win Euro 2016 June 6, 2016 If you have yet to place your bets on the upcoming 2016 UEFA European Championship, perhaps this latest round of predictions will help you, as one of the world's biggest banks gets in on the action. Goldman Sachs has revealed its favourites to win the tournament, which starts in France this week. The bank used historical data from [...]
City Moves for 6 June 2016 | Who’s switching jobs June 6, 2016 Deloitte Deloitte has announced Matt Ellis as new managing partner for tax in the UK and Switzerland. He takes over from Andy Hodge who led the practice for the past five years and is retiring from the firm. Matt has held a variety of positions in Deloitte, including in regional offices in Southampton and Reading as well as London. Most [...]
Oil and gas firms are struggling as the industry braces for fresh job cuts June 6, 2016 The UK oil and gas sector is planning further cost cutting to absorb the impact of lower oil prices, putting more jobs on the line. Almost half (43 per cent) of UK oil and gas firms intend to cut costs, new research from the Bank of Scotland has today revealed. Nearly a third (32 per cent) of businesses [...]
Bookies are quids in from Euro 2016 tournament as economists predict a halo effect for countries that make the final four June 6, 2016 William Hill is predicting £500m will be wagered on the Euro 2016 football tournament across the UK's bookies as it gears up for what it calls the “biggest Euros of all time”. Over two million bets worth £100m are expected to be wagered with William Hill alone during the tournament, which kicks off this Friday. [...]
Low fuel prices means it’s cheaper to run a car now than it was in 2013 June 6, 2016 One of a household's biggest bills is being held down by low oil prices. The average annual cost of running a car is around 22 per cent – or £622 – less than 2013, coming in at £2,197.42. The decline is due to the price of petrol at the pump, which makes up almost half of the costs of [...]
Arsenal chase early summer spending spree with £20m Jamie Vardy targeted as latest pre-Euro 2016 signing June 4, 2016 Arsenal will rack up the second-largest summer transfer window outlay in their history should they activate Jamie Vardy's release clause, thought to be worth £20m. The Gunners are in talks with Leicester over the transfer of Vardy and want to complete the deal before the striker travels to France for Euro 2016 with the England squad. Should they complete [...]
EU referendum: Brexit will cost six per cent of GDP, says Economist Intelligence Unit June 3, 2016 If the UK votes for Brexit the country's economy will be plunged into uncertainty, resulting in a cost of six per cent of GDP, according to new research. Research from the Economist Intelligence Unit forecasts that in the first instance there will be tumultuous financial market volatility, followed by a "swift impact on the real [...]
Children’s average weekly pocket hits nine-year high June 3, 2016 Kids across the country are rolling in cash, with average weekly pocket money soaring to a nine-year high. Generous parents have increased their sprogs' average weekly pocket money by nine per cent to £6.55 in the last year, according to the annual Halifax pocket money survey. Read more: The surprising impact on your earnings if you have kids [...]
Dumbed down Brexit row patronises voters June 3, 2016 Like clockwork, yesterday brought another slew of extreme projections about the impact of Brexit. It would “destroy” young people’s hopes of getting on the housing ladder, says Remain, apparently forgetting George Osborne’s warning last month that house prices could fall dramatically if the UK quits the EU (surely a boon for first-time buyers). Leave has [...]
These are six ways banking is about to change, according to former Barclays boss Antony Jenkins June 2, 2016 Antony Jenkins thinks that banking is having an "Uber" moment, undergoing a transformation that will leave the sector looking entirely unrecognisable. Jenkins, who is currently chairman of Business in the Community and was previously group chief executive of Barclays, imparted his wisdom at an event hosted by the Institute of Chartered Accountants in England and Wales this evening, remarking "there [...]