After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
This Is Living is a David Nicholls-style weepie starring This Is England’s Michael Socha May 20, 2016 This is Living | Trafalgar Studios | ★★★★☆ This is Living is a weepy in the David Nicholls mould, effectively and sometimes shamelessly pressing the audience’s emotional buttons; at least a third of the people there on opening night were openly sobbing. The two-man play begins with Michael (Michael Socha, This Is England) standing over [...]
The City is irresistible for scores of firms – and we’ll keep doing business regardless of Brexit May 20, 2016 We hear most days how the City will be ruined if Britain votes for Brexit. It is said that there will be flight of capital to Frankfurt, trade will plummet, and international businesses will lose faith in London’s financial predominance. In the last week, Bank of England governor Mark Carney announced that, in the Bank’s view, a [...]
MPC member Gertjan Vlieghe says the Bank of England could cut rates even if UK stays in the EU May 19, 2016 Interest rates could be cut after the referendum, even if the UK votes to stay inside the EU, a member of the Bank of England's monetary policy committee (MPC) has said. Gertjan Vlieghe, who joined the MPC as an external member in September, told an audience at the London School of Economics (LSE) this evening that if there was no [...]
After the Queen’s Speech set out ambitious social reform plans, would Brexit put the government’s agenda at risk? May 19, 2016 Therese Coffey, Conservative MP for Suffolk Coastal, says Yes. This Queen’s Speech contained some ambitious proposals to strengthen the social fabric of our country, from prison reform and boosting social care, to measures to increase school independence and expand the National Citizen Service. But these policies, aimed at helping the poorest and neediest in our country, [...]
Bank of England’s chief economist wants to teach children maths so they trust banks May 18, 2016 Teaching children how to look at numbers, understand bank accounts and work out interest rates will restore trust between banks and the wider public, the Bank of England’s top economist has said. Andy Haldane told a City audience that too many children were being put off maths at school and called on policymakers to make [...]
US Federal Reserve signals rate hike “likely” in June May 18, 2016 The Federal Reserve is likely to give US interest rates another hike next month, according to the minutes of its latest policy meeting published this evening. Unless the economy is blown off course, American ratesetters are gearing up to raise interest rates for only the second time since the financial crisis when they next meet [...]
The Bank of England’s agents’ summary on Brexit, housing and the living wage May 18, 2016 The economic slowdown is set to continue right up until the EU referendum, the Bank of England's latest agents' summary has revealed. The Bank's sprawling network of so-called agents are Threadneedle's streets eyes and ears on the ground of the real economy. They monitor local conditions, talk to businesses, and assess the general state of the nation, [...]
Now Markit’s household finance index comes in at a two-year low as families batten down the hatches May 18, 2016 Families are feeling a pinch in their pockets as the latest crucial indicator of consumer confidence falls to a two-year low. The Markit household finances index, which tracks disposable incomes and optimism among UK households crashed to 42.3 – on an index where scores below 50 indicate pessimism – from a score of 45.1 last month. "The reading pointed to a substantial deterioration in [...]
UK house sales and purchases set to jump by a fifth by 2020 – but will still be below 2007 levels May 18, 2016 UK housing transactions are set to jump by a fifth by 2020, but this will still be eight per cent lower than pre-financial crisis levels, according to a new report today. Conveyancing services provider My Home Move predicts that the number of annual property transactions will rise from the 1.23 million recorded last year to [...]
This Rock is not for turning: Why Gibraltar backs remaining in the EU May 18, 2016 There have been moments in recent weeks when polls on the outcome of the June 23 EU referendum have been so close that I have wondered if, just maybe, the 23,000 voters I represent as chief minister of Gibraltar might be the ones that swing the vote to Remain. Statistically, we represent a fifth of [...]