After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Brookfield reportedly tears up £4bn Center Parcs sale over investor jitters November 17, 2023 The proposed £4bn sale of Center Parcs has reportedly been scrapped by owner Brookfield amid weak investor confidence.
London’s economy is a microcosm for our success but we’re ignoring ways to help it November 17, 2023 London’s West End is a microcosm of much of the wider economy: it has small independent businesses in sectors such as food, big high street chains in its bars and retail.
Retail sales fall to lowest level in two years as inflation bites November 17, 2023 Retail sales volumes have fallen for the second month in a row — slumping to their lowest level since 2021— as consumers continued to feel the impact of inflation, Office for National Statistics (ONS) data showed. Sales volumes fell 0.3 per cent month-on-month in October and 2.7 per cent year-on-year. However, consumers are spending more. [...]
London Stock Exchange: Trade volumes crash by a third in just a year November 17, 2023 The figures come as boss David Schwimmer told The Sunday Times that the firm was more than just the home of the FTSE 100 index.
The anti-poverty potential of CBDCs and Uptober positivity November 16, 2023 Temple Melville explains why he believes traditional fiat and cryptocurrency can exist happily side by side.
Inheritance tax reportedly could be slashed by Sunak and Hunt at Autumn Statement November 16, 2023 Plans to slash inheritance tax at the Autumn Statement are reportedly being drawn up by No10 and the Treasury.
Aviva posts 13 per cent rise in nine-month premiums November 16, 2023 This morning Aviva posted a 13 per cent rise in its general insurance gross written premiums for the first nine months of the year, saying it would continue to return surplus capital to shareholders.
Bank of England finds no evidence of greedflation among UK firms November 16, 2023 Firms in the UK and the EU have not been using the cover of inflation to gouge their customers, new research from the Bank of England suggests.
Bank of England’s Greene says she’s ‘not thinking’ about rate cuts despite ‘good news’ on inflation November 16, 2023 A rate-setter at the Bank of England has said that she is "not thinking" about cutting rates despite a sharp fall in inflation yesterday.
United Utilities hikes dividends despite lower profit and rise in debt November 16, 2023 United Utilities released its half year report today, highlighting an ambitious five year plan and hiking its dividend despite a fall in profit and rise in debt. Revenue rose 6.8 per cent, but operating profit fell 6.9 per cent due after a 16.6 per cent jump in operating costs. Debt rose from £7.8bn in 2022 [...]