After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Glassdoor reveals the UK’s top 10 best-paying graduate jobs July 29, 2019 UK graduates can earn up to £50,000 as a starting salary, according to new data from Glassdoor that reveals the top 10 highest paying entry-level jobs on offer in 2019. Perhaps unsurprisingly, investment banking tops the list of UK graduate jobs with a staggering median starting salary of £50,752 for an analyst. Read more: London [...]
‘Doomsday narrative’: Sterling tanks to 28-month low on no-deal Brexit fears July 29, 2019 Sterling has fallen to its lowest point in over two years against the dollar after ministers in Prime Minister Boris Johnson’s new government made clear they were now assuming a no-deal Brexit. The pound had fallen 1.1 per cent against the dollar to buy $1.225 by 2pm UK time. Read more: Dominic Raab: Britain ‘turbo-charging’ [...]
UK mortgage approvals rise but consumer lending slows July 29, 2019 Britain’s housing market received a modest lift in June as mortgage approvals increased by more than analysts had expected, Bank of England figures showed today. Read more: UK mortgage approvals hit two-year high following Brexit extension Annual lending growth to UK consumers slowed from 5.7 per cent in May to 5.5 per cent in June, [...]
M&A excitement and falling pound put rocket under FTSE 100 July 29, 2019 Britain’s FTSE 100 benchmark stock index has stormed higher due to investor excitement over mergers and acquisitions (M&A) and a sinking pound. Read more: London Stock Exchange share price hits record high on Refinitiv takeover talks The index climbed two per cent by 2pm UK time to stand at around 7,697, the highest it has [...]
Vauxhall could end Ellesmere Port production if Brexit makes it unprofitable July 29, 2019 Vauxhall could end production of the Astra in Ellesmere Port in Cheshire if Brexit makes it unprofitable. The boss of French carmaker PSA, which owns the Vauxhall and Opel brands, warned that the company had picked another site in Southern Europe to build future Astras if the UK could not reach a satisfactory Brexit deal. [...]
Dominic Raab: Britain ‘turbo-charging’ no-deal Brexit preparations July 29, 2019 The UK is “turbo-charging” its no-deal Brexit preparations in time for 31 October, foreign secretary Dominic Raab said today. Raab said that any deal between the UK and the EU must not include the “undemocratic” so-called Irish backstop. Read more: Government is now assuming a no-deal Brexit outcome in October The backstop proved to be [...]
Ryanair profits nosedive 21 per cent in first quarter July 29, 2019 Ryanair’s profits tumbled 21 per cent in its latest quarter as the airline was battered by higher fuel and staff costs coupled with lower fares, it revealed today. Read more: Ryanair warns of summer 2020 problems due to Boeing 737 Max ban The figures Profit before tax fell 24 per cent year on year to [...]
UK firms keen to hire but skills shortages a problem July 29, 2019 In the second quarter of the year 60 per cent of British firms tried to hire new employees, according to a new survey, in the latest sign of strength in the job market. Read more: UK unemployment stays at 54-year low as wages tick up Meanwhile, 30 per cent of employers said they expect to [...]
Big businesses drawn to the City for office space July 29, 2019 Big businesses upped sticks for the City in 2018 as companies increasingly move further afield to find the best office space, a new study has shown. Read more: Wework grabs €62m from EU in Brexit deal for London office spot Mayfair lost the largest number of businesses renting office space of more than 10,000 square [...]
Government now assuming a no-deal Brexit and increased borrowing July 28, 2019 Michael Gove has said today that the new government will “operate on the assumption” of a no-deal Brexit on 31 October. Read more: Tories get ‘Boris bounce’ in polls but pledge to focus on Brexit Meanwhile, the chancellor’s deputy, Rishi Sunak, today insisted that Britain can pay for the costs of no deal with extra [...]