After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Jacob Rees-Mogg quits Somerset Capital role after cabinet appointment July 25, 2019 Jacob Rees-Mogg has quit his investment capital group following his appointment to Boris Johnson’s cabinet. The politician resigned from his role running Somerset Capital Management, which he co-founded, after the new Prime Minister made him leader of the House of Commons in a major reshuffle last night. Read more: Meet Boris Johnson’s new cabinet “Jacob [...]
Burford Capital posts profit bump as it hits back at critical analyst July 25, 2019 London-listed litigation funder Burford Capital today announced that its profit after tax grew 36 per cent to $225m (£180m) in the first half of 2019. The funder said litigation investment income in the six months to 30 June hit $264m, up 36 per cent from the same period the previous year. Burford said investment returns [...]
Boris Johnson repeats pledge to leave EU on 31 October in first speech to parliament July 25, 2019 Boris Johnson has repeated his pledge to take the UK out of the EU on 31 October in his first statement to the House of Commons as Prime Minister. Johnson told MPs that his mission was to deliver Brexit on 31 October. “I and all ministers in this government are committed to leaving on this [...]
Retail sales decline for longest stretch in eight years July 25, 2019 Retail sales have fallen for the longest period in eight years, new research has revealed, in the latest sign of gloom on the high street. Sales volumes fell for the third consecutive month in the year to July, marking the longest decline since 2011, according to the latest CBI monthly Distributive Trades Survey. Read more: [...]
ITV prospects brighten after Love Island boost July 25, 2019 By Graeme Evans from interactive investor. A Love Island advertising boost has helped high-yielding ITV shares to recover some lost ground. While the prospect of another Love Island on our screens this winter won’t fill everyone with joy, ITV (LSE:ITV) investors are unlikely to be complaining too loudly after the current series of the hit reality show helped to bolster [...]
Tips for Boris Johnson and his new team at Number 10 July 25, 2019 When it comes to the transfer of power, the British political system is lightning fast. You must immediately move from the startup mentality of campaigning to the awesome responsibility of governing. Whether coming out of a leadership contest or a General Election, there is no transition period. Nothing can quite prepare any incoming Downing Street [...]
Churchill was the leader that Britain needed at the time – could Boris be the same? July 25, 2019 The new Prime Minister had never been short of confidence about his own abilities. On the day of his ascension to the highest office in the land, he wrote “I felt as though I were walking with destiny and that all my past life had been a preparation for this hour and for this trial”. [...]
Demand for retail property in London falls as sector’s woes continue July 25, 2019 Demand for retail property continued to fall across London in the second quarter of the year and is now approaching financial crisis-level lows, according to a new survey. Read more: UK retail industry battles ‘toughest ever’ trading conditions Meanwhile, demand from overseas investors has also continued to drop as Brexit looms, showed the latest commercial [...]
Boris Johnson assembles his quickfire cabinet July 24, 2019 Boris Johnson oversaw one of the most brutal cabinet culls in UK political history tonight, replacing a string of big-name MPs with some of his closest supporters. Within hours of arriving in Downing Street Johnson had appointed Sajid Javid as chancellor, Dominic Raab as foreign secretary, Priti Patel as home secretary, and Liz Truss as [...]
Boris Johnson promises Brexit on 31 October ‘no ifs no buts’ in first speech as Prime Minister July 24, 2019 Boris Johnson threw down the gauntlet to Brussels in his first speech as Prime Minister as he vowed to take the UK out of the EU on 31 October “no ifs, no buts”. Speaking outside Downing Street after meeting with the Queen in Buckingham Palace, Johnson stayed true to his campaign pledges to deliver Brexit [...]