After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
UK marketing budgets stall as political uncertainty hits brands July 17, 2019 UK marketing budgets flatlined in the second quarter, as growing uncertainty reversed a surprise ad spend boost at the start of the year. Figures released by the Institute of Practitioners in Advertising (IPA) revealed marketing budget growth stalled in the three months to the end of June, with businesses adopting a more cautious approach to [...]
Von der Leyen gets top job at European Commission, becoming first woman president July 16, 2019 The European Parliament yesterday voted German conservative Ursula von der Leyen as the first female EU Commission president. Von der Leyen, a close ally of German Chancellor Angela Merkel, secured 383 votes, needing a minimum 374 votes to be confirmed. Read more: Ex-European Commission president says UK financial services should be higher on Brexit agenda [...]
Investor ‘threatens to oust chair’ at troubled printer De La Rue July 16, 2019 Banknote and passport producer De La Rue faces fresh boardroom disruption after a City investor is said to have threatened to force its chairman out. Crystal Amber activist fund has written to the company, informing the board that it plans to force an EGM unless chairman Philip Rogerson resigns by its annual shareholder meeting later [...]
Sterling hits new two-year low as no-deal Brexit risk jumps July 16, 2019 The pound tumbled to fresh two-year lows against the dollar today after the two candidates to replace Theresa May pledged to abandon the controversial Northern Ireland backstop proposals, ramping up the chances of a no-deal Brexit. Read more: Amber Rudd: I won’t lie down in front of bulldozers to stop no-deal Brexit Boris Johnson and [...]
Boris Johnson considering suspending parliament to force through a no-deal Brexit July 16, 2019 Boris Johnson is considering shutting down parliament at the end of October to stop MPs blocking a no-deal Brexit. According to Sky News, the plan would involve Johnson, if he wins the race to succeed Theresa May as Prime Minister, scheduling a Queen’s Speech for the beginning of November. It is conventional for MPs to [...]
Michael Gove now thinks Boris Johnson is a perfect fit for Prime Minister July 16, 2019 Michael Gove appears to have changed his mind about Boris Johnson. Now he thinks the former London mayor would make a “great” Prime Minister. Read more: Sterling hits new two-year low as no-deal Brexit risk climbs Gove, who was accused of stabbing his fellow Brexiter in the back in 2016 to throw his own hat [...]
Ursula von der Leyen says EU is open to another Brexit delay July 16, 2019 Germany’s Ursula von der Leyen addressed the European Parliament today, saying she would be ready to grant a further Brexit delay beyond 31 October. Read more: Sterling sinks to two-year low as no-deal Brexit risk jumps Von der Leyen is set to become the new president of the European Commission, a role currently held by [...]
German investors grow gloomier over Iran and trade tensions July 16, 2019 German investors became increasingly gloomy about the country’s economic prospects in July, a survey showed today, as they fretted over the raging US-China trade war and tensions in Iran. Read more: German malaise continues as factory orders tumble The ZEW think tank’s indicator of economic sentiment fell to minus 24.5 points in July compared to [...]
UK unemployment stays at 45-year low as wages tick up July 16, 2019 Just 3.8 per cent of working age Britons were out of a job in the three months to the end of May, according to official figures released today, the lowest figure since the mid-1970s. Read more: UK economy ‘close to stagnation’ despite service sector growth High numbers of people in work caused employers to raise [...]
Recruiter Hays takes Brexit blow on UK hires July 16, 2019 Recruitment agency Hays recorded flat revenue growth in the last quarter of its financial year, it said today, as UK income declined in a “tougher” private sector market. The FTSE 250 firm blamed a lack of appetite in the UK and Ireland’s private sector for a two per cent fall in fees. Read more: Recruitment [...]