After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Liberalism is not dead, but it is far sicker than you realise July 15, 2019 Vladimir Putin declared liberalism obsolete
Europe can’t afford to turn away from London July 15, 2019 Brexit may be something that the UK is doing alone, but its consequences will be felt far beyond our shores. This is particularly true in the case of cross-border financial services since London acts as a global financial hub. On the future of the City’s relationship with the EU, there has been little progress beyond [...]
Retail footfall drops as June fails to hit 2018 temperatures July 15, 2019 Retail footfall fell again in June in the latest blow for the high street as cooler weather failed to live up to last summer’s heatwave. Retail footfall declined by 2.9 per cent in June this year compared to a dip of 0.9 per cent in 2018, according to the latest data from the British Retail [...]
New York and London top rankings for strongest business brands July 15, 2019 London has been ranked the city with the second strongest business brand globally, missing out only to New York. The Big Apple topped the list of global cities with the strongest brands for attracting businesses and investors, according to research by Saffron Brand Consultants. Read more: London listings triple in second quarter after Brexit extension [...]
Grayling slammed for ‘trainwreck’ HS2 payout to Heathrow Airport July 14, 2019 Transport secretary Chris Grayling has again come under fire after giving Heathrow airport £9m to prepare for High Speed 2, despite uncertainty over the railway will go ahead. The Department for Transport (DfT) has preemptively committed to handing Britain’s biggest airport the money as compensation for knocking down a rail depot at Old Oak Common [...]
Tory leadership contenders to woo City bosses at secretive fundraising dinner July 14, 2019 Tory leadership rivals Boris Johnson and Jeremy Hunt will host a secretive fundraising dinner for City bigwigs this week as the cash-strapped Conservative party looks to top up its coffers. Around 100 business chiefs have been invited to attend the central London knees-up on Tuesday night, with tickets priced at £1,000 a head. Read more: [...]
Rudd: I won’t ‘lie down in front of the bulldozers’ of a no-deal Brexit July 14, 2019 Work and pensions secretary Amber Rudd today said her department is preparing for a no-deal Brexit, and could hire more people to deal with a potential recession. Speaking to the BBC’s Andrew Marr, Rudd said that the consequences of leaving the European Union without a deal “will be difficult to handle”. Read more: Bank of [...]
Huawei plans ‘extensive’ US job cuts amid trade blacklisting July 14, 2019 Huawei is said to be planning extensive layoffs in the US as the Chinese tech firm grapples with the impact of President Donald Trump’s trade ban. The job cuts are expected to affect staff at the firm’s US-based research and development subsidiary Futurewei Technologies, which employs roughly 850 people across the country, the Wall Street [...]
Merrill Lynch forecast: Bank of England to cut rates twice in next year July 12, 2019 The Bank of England could slash interest rates twice over the course of the next 12 months, economists at the Bank of America Merrill Lynch have predicted. In a note published today the US multinational investment bank has said it expects Threadneedle Street to cut rates by 25 basis points in November this year and [...]
British businesses split on Brexit ‘brain drain’ in tech industry July 12, 2019 More than half of British businesses fear the threat of a potential tech brain drain after Brexit, according to a survey by tech giant Salesforce. Almost 60 per cent of London firms believe they will lose access to digital talent once the UK leaves the EU, according to the software seller. Read more: These are [...]