After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Easter weather is going to be pretty rubbish, with heavy rain, wind, hail and even snow forecast for much of the weekend March 24, 2016 Pack your wet weather gear if you're heading off for the long weekend: the Met Office is warning that there's plenty of rain coming for the long bank holiday weekend throughout the UK. First, the good news: Good Friday will be "largely fine", with plenty of dry weather, variable amounts of cloud and even some [...]
City Moves for 24 March 2016 | Who’s switching jobs March 24, 2016 Close Brothers Asset Management Close Brothers Asset Management (CBAM) has appointed family lawyer Josephine Fay to its business development Team to strengthen its proposition for lawyers and their clients in the UK. She joins from Farrer & Co LLP. Josephine will be reporting into recently appointed Shirley Coe, director of the business development team, and [...]
How to fund your Executive MBA – tips from top business schools March 23, 2016 Students starting London Business School’s Executive MBA (or EMBA) this year will pay £72,795 to take the part-time course. Given that it’s one of the world’s leading providers of executive education, this is not abnormal (the EMBAs of most top UK schools range from £50,000 to £75,000 for full or part-time courses) – but it’s also [...]
Going nowhere fast: UK inflation stays at 0.3 per cent in February March 22, 2016 The UK's inflation rate remained at 0.3 per cent in February, according to data released this morning by the Office for National Statistics. Inflation, as measured by the year-on-year change in the consumer price index, was equal to January's 12-month high of 0.3 per cent. Transport costs were the biggest downward contributor falling 1.1 per cent on the [...]
The UK’s giant current account deficit unlikely to create extra risk in the run up to EU referendum, says Bank of England’s Kristin Forbes. March 21, 2016 A top Bank of England official has said the UK's large current account deficit helps to share risk, as well as create it, in the face of domestic uncertainty. The current account deficit hit 5.1 per cent of GDP in 2014, the largest in 60 years of comparable records. It is the amount the UK [...]
Easter travel is going to be a headache, thanks to engineering works on the Tube and National Rail affecting Gatwick Express, London Midland, Southern, Southeastern and Virgin Trains March 21, 2016 Thinking of travelling by Tube or train over the Easter break? You might have to think again. There is going to be plenty of engineering works disrupting swathes of the networks this weekend starting from Good Friday on 25th March to Easter Monday on the 28th March. National Rail is planning "one of the biggest Easter investment programmes to [...]
Not all banks on board with pay equality scheme ahead of Tuesday announcement at the Bank of England March 20, 2016 The Treasury is scrambling to sign up remaining banks ahead of radical proposals on gender balance set to be unveiled by the chief executive of Virgin Money Jayne-Anne Gadhia at the Bank of England on Tuesday. The challenger bank boss has been carrying out a nine month investigation into gender equality in the banking industry and [...]
Bank of England’s monetary policy committee votes unanimously to keep interest rates at rock bottom as it signals concern over EU referendum and pay growth March 17, 2016 Interest rates at the Bank of England will be kept at a record low of 0.5 per cent for the next month after another unanimous vote. The MPC is concerned pay rises might be lower due to subdued inflation, the minutes of the meeting revealed. The MPC said empirical evidence on inflation expectations and their [...]
City A.M. shadow MPC: Bank of England should keep interest rates glued to the floor March 17, 2016 The Bank of England should keep interest rates at record lows today, City A.M.’s shadow monetary policy committee has said. While sentiment in financial markets has improved after a turbulent start to the year, economic growth has slowed. Inflation remained far below its two per cent target at 0.3 per cent in January. The UK’s labour [...]
The UK legal sector is vital to the City’s international success March 17, 2016 The City of London’s position as a world leader in finance and business is widely acknowledged. I know this only too well from my own work, both as an international commercial barrister and as the current chairman of the Bar of England and Wales. But the City is being challenged by other financial centres in [...]