After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Chancellor Rishi Sunak ‘planning stealth tax rise’ on wealthy pensioners in next week’s Budget February 26, 2021 Chancellor Rishi Sunak 'planning stealth tax increase' on wealthy pensioners in next week's Budget
Goldman Sachs CEO was right, a remote workforce will sow division, not creativity February 26, 2021 For much of the last year, chatter amongst business leaders has been on the “new normal” and how we’ve adapted to it. Businesses of all shapes and sizes have quickly and comfortably adjusted to a Zoom-based reality. We’ve all heard the doomsayers claiming the transition is the death knell for the office A few large [...]
Volatility strikes again – markets take overnight battering, though is rebound already on cards? February 26, 2021 Bitcoin is now looking down the barrel of only its third double digit weekly loss in the last 11 months - but is a rebound already on the cards?
FTSE 100 falls as bond sell-off knocks equities February 26, 2021 The FTSE 100 fell this morning as equities were hit by a global sell-off in bonds due to growing concerns about rising inflation. London’s blue chip index was down 0.5 per cent at 6,618 points, along with the FTSE 250, which also fell 0.5 per cent. Despite the fall, the FTSE 100 is still set [...]
Exclusive: UK finance leaders want buoyant investment as we enter post-Covid world February 26, 2021 UK finance leaders are gearing up for a year of eager investment as Covid recovery prospects boost economic positivity, according to a report by procurement consultancy Proxima. The survey found that a combination of political change and post-Covid visions are underpinning an overwhelmingly positive outlook. So, what will the future bring for the UK’s wounded [...]
Gatwick crashes to £465.5m loss as passenger numbers collapse February 26, 2021 Gatwick Airport plunged to a £465.5m loss in 2020 as global air traffic and passenger numbers collapsed due to the Covid-19 pandemic. While the airport remained open throughout the pandemic, passenger numbers plunged 78 per cent as lockdowns and travel restrictions took their toll. Gatwick said all revenue streams were impacted and posted a loss [...]
How New York invented the business breakfast February 25, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Melissa York’s trip to New York to find the original business breakfast. ••• Every morning, Leigh Wynn, the maitre d’ of the most expensive and exclusive breakfast spot in New York, wakes up at [...]
Labour’s Anneliese Dodds paints government as too London-centric in pre-Budget speech February 25, 2021 Shadow chancellor Anneliese Dodds has called out the government for concentrating too much investment and too many civil service jobs in London over the past decade in a pre-Budget speech today. Dodds said the past 10 years of Conservative government has overseen a six per cent rise in London civil service jobs, while the rest [...]
David Cameron tells Sunak not to raise taxes in Budget next week February 25, 2021 Former Prime Minister David Cameron has urged Rishi Sunak not to hike taxes in next week’s Budget amid speculation he is set to increase corporation tax to help pay off the UK’s Covid spending. Cameron said increasing corporation tax “wouldn’t make any sense at all” before the UK’s economic recovery is further advanced and compared [...]
Sunak’s Budget set to be a mix of tax rises and Covid cash giveaways February 25, 2021 Rishi Sunak’s Budget next week will reportedly be characterised by a mixture of Covid support extensions and tax rises, with few extra funds for day-to-day departmental spending. This is set to include a £30bn package to extend current Covid support schemes – including the furlough scheme, VAT cut for retail and hospitality, stamp duty exemption [...]