After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Brexit: Internal memo reveals no-deal fishing patrol fears August 10, 2019 The Department for the Environment, Food and Rural Affairs (Defra) has revealed its concern at the UK’s ability to patrol fishing waters in a no-deal Brexit. In a leaked government memo, Defra said there is “a lot of uncertainty” around what will happen, and that there are just 12 ships “to monitor a space three [...]
RBS to select Alison Rose to become first female chief executive August 10, 2019 The Royal Bank of Scotland (RBS) is set to pick Alison Rose to become its new chief executive. Rose will become the first woman to lead one of the UK’s biggest high street lenders and is likely to be named as Ross McEwan’s successor in the coming weeks, Sky News claim. Read more: Outgoing RBS [...]
Cable drops as UK economy contracts August 9, 2019 The UK economy contracted by 0.2 per cent in the second quarter of the year, its worst performance since 2012. Figures from the Office for National Statistics showed the surprise contraction, which was significantly lower than the flatline economists expected. It also follows strong growth of 1.8 per cent seen in Q1. “PMI data had [...]
Michael Gove says government will spend ‘whatever it takes’ to prepare for no-deal Brexit August 9, 2019 The government is prepared to spend “whatever it takes” to ensure Britain is prepared for a no-deal Brexit, Michael Gove has said. Read more: Boris Johnson warns civil servants against ‘complacency’ over no-deal Brexit “The government has done a lot to prepare but there is still a lot to do,” Gove – who is responsible [...]
Tories outspend all their political rivals combined on Facebook advertising August 9, 2019 The Conservative Party has spent more money than any of its political rivals on Facebook advertising over the last month, within which time Boris Johnson has taken over from Theresa May as Prime Minister. The Tories have spent £51,719 on Facebook Ads during that period, almost three times more than the Labour Party, according to [...]
Ryanair’s Irish pilots overwhelmingly back strike action August 9, 2019 Ryanair pilots in Ireland have voted overwhelmingly in favour of industrial action unless the budget airline agrees to trade union pay proposals by Monday. 94 per cent of members of the Irish Airline Pilots’ Association (Ialpa) who are directly employed by Ryanair voted in support of industrial action Members of the trade union had previously [...]
Boris Johnson warns civil servants against ‘complacency’ over no-deal Brexit August 9, 2019 Boris Johnson has warned the civil service that there are “no grounds for complacency” as the UK rushes to prepare itself for the possibility of a no-deal Brexit. The Prime Minister sent a letter to all civil servants today telling them that “preparing urgently and rapidly for the possibility of an exit without a deal [...]
Sterling spirals to near $1.20 as UK economy comes close to recession August 9, 2019 Sterling has tumbled to fresh two-year lows after official figures showed Britain’s economy contracted in the second quarter, raising fears of a recession and adding to no-deal Brexit worries. Read more: Sterling to tumble further as no-deal Brexit worries intensify The pound had fallen 0.6 per cent against the dollar by 1.45pm to buy $1.207, [...]
Businesses vent fury at handling of Brexit after economy shrinks August 9, 2019 UK business organisations have condemned the continuation of Brexit uncertainty after it helped push the economy into contraction in the second quarter. They called for “decisive action” to turn the situation around. Read more: UK economy shrinks for first time in six years GDP fell by 0.2 per cent in the first quarter, data from [...]
Brexit panic ‘not justified’, says former Trump trade adviser August 9, 2019 The current levels of panic around Brexit are “not justified”, according to a former top trade adviser to the US President Donald Trump. The former general counsel on trade, Stephen Vaughn, believes the UK has “enormous leverage” in any trade deal agreed with the US, he told the BBC. Read more: End of austerity? Chancellor [...]