After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Property of the Week: Find out how much it is to have former prime ministers and BBC presenters as neighbours in Connaught Village August 24, 2018 Most London villages are affluent places that aim to be the best of both worlds. Leafy streets and indie retailers take the beauty and community of rural life, but the school run can be done on foot and the office is half an hour away on the Tube. Albion Street, Hyde Park, £5m Connaught Village [...]
Goldman Sachs launches UK consumer bank August 23, 2018 Goldman Sachs has soft launched its retail bank in the UK ahead of a full roll out in the next few weeks. Staff were offered access to the Marcus consumer bank and invited to give feedback before it becomes available to the general public. The 149-year-old bank will offer an online savings account to UK customers, [...]
Scrapping 1p and 2p coins would have no significant impact on prices, Bank of England says August 22, 2018 Scrapping 1p and 2p coins would have “no significant impact” on prices, Bank of England economists have said. The government had considered scrapping coppers coins earlier this year but subsequently ruled out the move after a public backlash, with many arguing retailers would round up prices to the nearest 5p more often than rounding down. [...]
Vice Media’s online food brand Munchies is to expand its physical presence with a food hall venture August 21, 2018 Munchies, the online food channel owned by Vice Media, is to expand its presence in the physical world. The publisher has agreed to a brand licensing contract for a food hall at American Dream Meadowlands, a retail complex an under construction in New Jersey. Agreed between the online brand and the centre owner, Triple Five [...]
Angling Direct shares rise as it reels in revenue growth August 21, 2018 Angling Direct beat its own expectations to reveal revenue growth had grown by more than 50 per cent year-on-year in a trading update today. The figures The fishing products retailer saw a 56 per cent year-on-year revenue increase to £22m, citing strong store and online sales despite the summer heatwave. E-commerce sales were up 60 per cent [...]
iSmash eyes partnerships with insurers as part of expansion drive August 20, 2018 Phone repair company iSmash is eyeing a range of partnerships including deals with insurance companies as it expands. The chain, which has defied high street gloom by announcing plans to expand to 70 shops in the next two years, is exploring new ways to bring in customers. Founder Julian Shovlin told City A.M. that iSmash [...]
Amazon eyes Homebase stores marked for closure August 19, 2018 Amazon is set to bid for a selection of Homebase stores in a move to improve its last mile delivery process. The online retailer could turn the stores into delivery warehouses when Homebase closes 42 of its 241 sites through a company voluntary arrangement this year. Amazon could use the sites, which are conveniently located in urban [...]
Administration filings tumble despite major retail insolvencies August 18, 2018 The number of firms falling into administration fell dramatically in the second quarter of the year, despite a series of high profile insolvencies hitting the headlines in recent months. A total 302 companies entered administration in the three months from April to June, marking a 13 per cent fall from the previous quarter. However, the figure [...]
The Urbanologie app shows you how to live the high life like a globe-trotter August 17, 2018 Picture this. You’re on holiday in an exotic locale, travel guide in hand – probably one produced by a big brand like Lonely Planet or some other pocket guide. The pages are dog-eared from where you’ve bookmarked all of the things you want to see and do. But half the time, the recommendations made by [...]
Tory MPs hit back over rail fare hike August 14, 2018 The government has come under fire from Tory MPs for hiking train fares amid a growing dispute over the measure used to determine price rises. Transport secretary Chris Grayling said tonight the government will “freeze regulated fares in line with inflation” for the sixth year running, a move that will potentially add hundreds of pounds to [...]