After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Shadow MPC: City economists agree with Bank of England’s “wait and see” approach May 12, 2016 The Bank of England is set to slash its growth forecasts and ramp up its warnings on Brexit later today, in the latest installment of economic ‘Super Thursday’. The Bank will publish its quarterly Inflation Report – the market-moving dossier of Threadneedle Street’s latest thinking on the state of the UK economy, along with the [...]
EU referendum: Osborne attacks leave campaigners for failing to provide post-Brexit facts May 11, 2016 George Osborne has defended the Treasury’s calculations on the impact of leaving the European Union and attacked leave campaigners for trotting out misinformation about the benefits of Brexit. "Every credible international institution has supported the claims we’ve made,” Osborne told MPs on the Treasury Select Committee this afternoon, as he confirmed he will be dishing [...]
Watford hope to strike it rich after unique deal with City FX trading company May 10, 2016 Watford have struck a unique deal with a City-based foreign exchange trading company that will not only boost the club’s commercial income but, they hope, may also save “very significant” sums in the transfer market. The Hornets are the first Premier League team to enter into such an agreement, which they believe will give them [...]
Brexit: London employers are most likely across the UK to vote to remain in the UK May 9, 2016 More than two-thirds of London's employers are likely to vote to stay in the EU, according to new research from online employment platform Reed. In a survey of 1,700 employers across the UK, 71 per cent of those based in London said they would vote remain when the referendum polls open on 23 June, while [...]
Week ahead: Bank of England rate decision and China data in focus May 9, 2016 Economic data will once again be in focus this week with the Bank of England (BoE) interest rate decision and its inflation report due on Thursday. Expectations for an interest rate hike are almost non-existant though the tone of governor Mark Carney’s remarks will be closely scrutinised for any clues on the current economic landscape. On [...]
Bank of England expected to issue more Brexit warnings this week May 8, 2016 The Bank of England is expected this week to issue more warnings over the EU referendum. Governor Mark Carney has repeatedly cautioned over the potential impact over a so-called Brexit. And more warnings are on the cards this week, with the Bank publishing its inflation report on Thursday. Read more: Britain won't take a pounding if it goes [...]
ITV experiences advertising sales slowdown May 8, 2016 ITV is expected to announce a slowdown in advertising sales in a trading update this week Ad revenue growth is believed to have all but stopped in the first three months of this year although first-quarter revenues are expected to have risen by 12%, due to the continued success of ITV’s production division. Adam Crozier, [...]
Palantir founder hits out at claims unicorn startup is struggling May 8, 2016 A founder of one of the world's most highly valued startups has hit back at claims the company is struggling with the loss of clients and staff. Joe Lonsdale, a founder of the secretive startup Palantir along with PayPal pioneer Peter Thiel and others, which boasts the Bank of England as one of its clients, said it was [...]
EU referendum: Now top life science bosses warn of Brexit risk, including GSK, AstraZeneca and Pfizer in open later May 8, 2016 Top bosses at firms such as GlaxoSmithKline, AstraZeneca and Pfizer are among more than 90 leaders in the life sciences who are the latest to warn of the risks of Britain leaving Europe. In a letter, published in the Observer, the group warned of the implications on the sector which employs more than 222,000 people, spends £4bn on research and [...]
Why pro-Europeans should back Brexit – to save Europe from the EU May 6, 2016 The EU could not accommodate our desire for reform, we were told, because to do so would have opened the floodgates to further demands from across our beleaguered continent. After all, had the UK managed to negotiate a good deal with the EU, any of the other 27 nation states would naturally have followed suit. [...]