After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Barbie on a bull run: Resurgent sales in the All-American figurine have proved a saving grace for toy making giant Mattel October 16, 2018 When it happened three years ago, it may have passed you by: after all, Donald Trump had just announced he was running for President, and the EU referendum campaign was getting under way. So you’d be forgiven for not noticing, in 2015, that Barbie dolls had just been given adjustable ankles. And yet the fact [...]
Brexit: 23 answers to investors’ questions October 16, 2018 The UK’s scheduled departure from the EU is fast approaching. Many observers are hopeful for an orderly withdrawal. But plenty of potential pitfalls between now and Brexit-day which could result in a chaotic divorce. The only near-certainty at present is that the UK will cease to be a full member of the EU on 29 [...]
Has the clampdown on spreadbetting platforms really protected traders? October 16, 2018 For years, spreadbetting companies enjoyed an easy ride. But this summer saw trading platforms enter a tough new era, as regulators began to weigh down on the industry. Recent weeks have seen some of the UK’s largest trading platforms bowing under the pressure, as the impact of strict new rules becomes clear. Introduced by the European [...]
Europe’s banks are right – the EU must act to avoid a Brexit cliff edge disaster October 16, 2018 Retail king Lord Wolfson raised eyebrows at the weekend when he insisted that a no deal outcome to Brexit talks “would not be a disaster”. The Next boss was referring to the overall effect on trade and, politically, he articulated his point well – you have to be prepared for no deal in order to [...]
Card clash: Mastercard UK’s Mark Barnett on the battle for payments market share October 15, 2018 The likelihood is that, reading this, you have a Visa debit card somewhere on your person. Only two per cent of Britons currently have a Mastercard debit card, but that will change shortly after a string of wins for the US giant which will see its market share increase by 10 times. TSB and Santander [...]
Why technology won’t transform every brand’s Fashion Week October 15, 2018 Now that this year’s Fashion Weeks in London, Milan, New York, and Paris have all come to a close, many people are questioning the role of a runway show in today’s age, and whether it could be brought into the twenty-first century. Some brands are embracing the latest technology to satisfy modern consumer demands by making [...]
‘Waitrose of the north’ posts £2.2m sales loss amid trading pressures October 15, 2018 Booths, the Lancashire-based supermarket chain dubbed “the Waitrose of the north” for its focus on high-quality food, posted a £2.2m loss on sales but cut its overall losses in half, its latest results revealed. The family-owned-and-operated supermarket, which has 28 stores across Lancashire, Yorkshire, Cumbria, Cheshire and Greater Manchester, saw its losses before taxation fall [...]
Entrepreneur loans Patisserie Valerie £20m as cake shop issues shares to cover financial black hole October 12, 2018 Patisserie Valerie today confirmed it needs an immediate cash injection of £20m to continue trading as it revealed that historical trading updates were incorrect. The news comes hours after a criminal investigation was launched into potential fraudulent activity at the beleaguered bakery. Read more: Patisserie Valerie finance director arrested as fraud probe launched The cake shop is proposing [...]
Supermarket chain announces $300m London float plans in first overseas Belarusian listing October 11, 2018 Grocery chain Eurotorg today announced plans to float on the London Stock Exchange in what would be a first overseas listing for a Belarusian business. Eurotorg is the largest grocery chain in Belarus with a market share of approximately 19 per cent of the food retail market. The float will mark the first overseas listing [...]
SSE’s merger with Npower gets the all-clear from UK competition watchdog October 10, 2018 The merger of two major energy firms in the UK has been given final clearance by the Competition and Markets Authority (CMA), paving the way for SSE Energy and Npower to join together as a newly listed company on the London Stock Exchange. The CMA published its final ruling this morning, after the merger was [...]