After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
UK retail industry battles ‘toughest ever’ trading conditions July 22, 2019 The health of the UK retail industry is on the brink of falling to record lows as shops battle some of the “toughest trading conditions they’ve ever experienced”. The Retail Health Index, which takes into account consumer demand, gross margins and costs, fell from 77 to 76 in the second quarter, financial services firm KPMG [...]
Tory MP Charlie Elphicke charged with three counts of sexual assault July 22, 2019 Conservative MP Charlie Elphicke has been charged with three counts of sexual assault against two women, the Crown Prosecution Service (CPS) has revealed today. Read more: Government launches review into Britain’s financial rules post-Brexit A CPS spokesperson said: “The Crown Prosecution Service has today (Monday 22 July) charged Charles Elphicke, MP for Dover, with three [...]
NIESR: One in four chance UK might already be in recession July 22, 2019 Britain might have already fallen into a technical recession, an influential think tank has warned this morning, as it forecasts growth of one per cent even if a no-deal Brexit is avoided. The National Institute of Economic and Social Research (NIESR) has said there is a one-in-four chance that the UK economy has already slipped [...]
Who joins Lloyds Bank on this list of cheap UK shares to buy? July 22, 2019 By Graeme Evans from interactive investor. Performance of UK-exposed stocks is at an eight-year low and this is the cheapest region around. Cheap-looking UK-focused stocks were in the spotlight as asset managers increasingly turn their attention to Europe in the face of darkening skies for global equities. The attraction of European equities was highlighted by UBS in an [...]
Foreign office minister Sir Alan Duncan resigns in protest against Boris Johnson July 22, 2019 Sir Alan Duncan has resigned as minister of state for Europe and the Americas ahead of Boris Johnson’s Tory leadership contest win. The pro-European minister has previously voiced his opposition to Johnson, who is expected to be named as the new prime minister tomorrow. Duncan’s departure is the first of a string of mooted resignations, [...]
UK households’ financial optimism hits six-month high July 22, 2019 UK households have struck an optimistic note on their future finances for the second month in a row, to mark a six-month high in their outlook. Financial health expectations moved up a gear in July after households recorded their first positive outlook since the start of 2019 in June. Read more: UK households turn positive [...]
Jo Swinson or Sir Ed Davey to be named next Lib Dem leader July 22, 2019 Jo Swinson or Ed Davey will be crowned the next leader of the Liberal Democrats later today, as Sir Vince Cable bows out after two years in the top job. The results of the Lib Dem leadership election, which Swinson is favoured to win, will be announced at about 4pm today. Read more: Lib Dems [...]
Boris Johnson likens Brexit to moon landings as Tory leadership voting enters final day July 22, 2019 Tory party members have until the end of the day to cast their vote in the leadership election, with Boris Johnson expected to be crowned the winner. Ahead of his likely coronation as Theresa May’s successor, Johnson issued a renewed call to solve the problem of the Irish backstop, the insurance policy designed to prevent [...]
UK households remain cautious on economic outlook, discretionary income and debt levels July 22, 2019 UK households remain concerned about their economic outlook, disposable incomes and debt levels, survey data out today shows. Deloitte’s consumer confidence index for the UK in the second three months to 30 June remained at a minus eight per cent – unchanged from the first quarter – but down four percentage points from the same [...]
Dividends hit record but experts warn that underlying picture is worsening July 22, 2019 A three-month period of record dividends might normally bring a smile to the face of shareholders, but a spate of huge one-off special payouts has been masking a wider market slowdown over the last quarter. Temporary boosts from a falling pound and several large special dividends pushed the total sum paid out to a record [...]