After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Eurozone business confidence at six-year low as malaise continues July 30, 2019 Business confidence in the Eurozone economy reached an almost six-year low in July, with industrial sentiment falling significantly, a European Union survey showed today. Read more: ECB prepares stimulus to kickstart Eurozone economy Yet consumers became more positive, continuing the trend of domestic demand propping up euro area economies. The business climate indicator by the [...]
BP powers ahead of analysts as oil major boosts profit by increasing output July 30, 2019 BP shares rose this morning as the oil giant’s second quarter profit beat expectations by increasing production volumes. The energy major reported that a seven per cent increase in oil and gas production counteracted this year’s fall in oil prices. Shares were up 3.3 per cent in early morning trading. The figures BP’s second quarter [...]
Sterling plunges below $1.22 as no-deal Brexit fears batter currency July 30, 2019 Sterling fell further overnight to its lowest level since March 2017 as worries over a no-deal Brexit under Boris Johnson’s government deepened. The pound plunged below $1.22 to hit $1.2146 this morning, a drop of almost 0.6 per cent against the dollar as analysts warned GBP is coming close to “uncharted waters”. Read more: Sterling [...]
DEBATE: Are we headed for a General Election before 31 October? July 30, 2019 Are we headed for a General Election before 31 October? Ben Kelly, a commentator for Reaction, says YES. The optimal route to electoral success for Boris Johnson is to get Brexit over the line by 31 October and then call an election. But clearly, this is easier said than done, and apparently Boris and his [...]
Forget a one-size-fits-all immigration policy – we need to get creative to protect the talent pipeline July 30, 2019 Different sectors of the economy are often accused of special pleading when it comes to making their case for immigration reform. In any given area, improving the skills base can boost productivity, and with the clock once more ticking down to the Brexit deadline, calling into question the status of future EU applicants, it is [...]
It’s up to the business world to make the case for capitalism July 30, 2019 Barely a moment after the new Prime Minister took office, the leader of the opposition was already calling for a General Election. While there are no current plans to go to the country in the next few months, Labour is ramping up its election strategy. Anyone who believes in capitalism and free enterprise should be [...]
UK ad spend defies economic gloom to hit £6bn as online radio drives growth July 30, 2019 UK ad spend defied economic uncertainty and fraught political tensions to grow to £6bn in the first quarter, new figures have revealed. Advertising spend rose 4.2 per cent year-on-year thanks to strong growth in the video on-demand, online display and online radio sectors. Read more: Social media ad spend growth plummets amid decline in trust [...]
Sadiq Khan urges Boris Johnson to drop £30,000 immigrant salary threshold July 29, 2019 Sadiq Khan has urged the government to drop its proposed £30,000 salary threshold for skilled immigrants, saying it will have a damaging effect on Britain’s post-Brexit economy. The mayor of London urged the new Prime Minister, Boris Johnson, to “fully recognise the positive impact immigration and freedom of movement has had in London and the [...]
Don’t underestimate Boris Johnson, PM’s adviser tells Brussels July 29, 2019 Boris Johnson’s EU adviser has urged Brussels not to “underestimate” the new Prime Minister as he repeated the government’s pledge to leave the bloc on 31 October. David Frost, a former adviser to Johnson while he was foreign secretary, said many people were “inclined” to underestimate Johnson but that doing so would be a mistake. [...]
Paul Maynard appointed new rail minister July 29, 2019 Paul Maynard, the MP for Blackpool North and Cleveleys, has been appointed as the new rail minister in Boris Johnson’s government. Maynard, a former government whip and junior transport minister, also served as a junior minister in the justice department from May to June this year. Read more: Boris Johnson rules out pre-Brexit general election [...]