After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Women face retirement poverty: The feminisation of poverty means more older females live below the breadline April 6, 2016 Females are losing out when it comes to having a decent retirement and need to plan better to avoid poverty in old age. The pay gap, taking time off to have children and the fact greater numbers of women work part-time are all part of the problem. Read more: Three charts that show if you can [...]
Inflation’s going to rear its head again: Epic money printing through QE is going to cause a spurt of price rises April 5, 2016 Inflation, the silent force that raises prices, could be coming back with a vengeance. Whether it’s a pernicious tax that erodes ordinary people’s purchasing power or a necessary part of healthy economies is still open for debate. But inflation has been around since ancient times. The price of barley spiked in Babylon during the reign [...]
City Moves for 5 April 2016 | Who’s switching jobs April 5, 2016 Bevan Brittan Law firm Bevan Brittan has announced that Joanne Easterbrook has been appointed senior partner with effect from 1 May 2016. Joanne succeeds Bethan Evans in the post, who is returning to full-time local government client work. Joanne is a highly experienced partner and recognised specialist, leading the firm’s clinical risk practice and counting [...]
EX referendum: Brexit vote would be bad for business, say two-thirds of insurers April 4, 2016 More than two-thirds of insurers, brokers and service providers working in London's international insurance market believe a Brexit would be bad for business. Some 68.7 per cent of market practitioners surveyed believe a UK vote to leave the European Union would “hurt” or “severely damage” Lloyd's of London. Meanwhile, 6.2 per cent said it would benefit [...]
EU referendum: HMRC is going to reveal EU migrant numbers before the vote April 4, 2016 The number of EU migrants working in the UK is to be announced before the referendum takes place, which is likely to show the level of immigration has been underestimated by current statistics. HMRC is to reveal data on how many national insurance numbers are in use by people from the European Economic Area. A [...]
Flood Re: What you need to know about the reinsurance scheme that launched today April 4, 2016 It's something of a catch 22 – those who are most in need of a good home insurance policy are often those least able to afford it, thanks to insurers needing to raise premiums to adequately reflect the risk they expose themselves to, or simply refusing to cover some areas at all. That's precisely why government-backed [...]
Slow and steady for the FTSE 100 as it stumbles into Monday, edging up in early morning trading April 4, 2016 The FTSE struggled to get going this morning with a so-so start to the first full week of the new financial year. The blue-chip index crawled up 12 points in the first hour of trading to stand at 6,158, after slipping back at the end of last week from its highest close of the year [...]
Domino’s Pizza warns it could be hit with extra slice of retrospective tax April 3, 2016 Domino’s Pizza has warned it could be slapped with a retrospective tax bill related to past bonus schemes dating back to 2003. In its annual report, the fast food chain revealed it is in talks with HM Revenue & Customs over some of its bonus plans between 2003 and 2010, which used trusts to award [...]
Premier Foods boss should keep bidders hungry April 1, 2016 Rival international bidders, restive shareholders and conflicting pension deficit assumptions: like all chefs, Gavin Darby is juggling an eclectic mix of ingredients. His company, Premier Foods, home to Mr Kipling, Bisto and Sharwoods, looks tastier than it has for years. A fresh offer from McCormick of the US, worth 65p-a-share, has rightly prompted Darby and his [...]
City Moves for 1 April 2016 | Who’s switching jobs April 1, 2016 Squire Patton Boggs Squire Patton Boggs has announced that Andrew Herring has been appointed partner in the London office. Andrew, a well-known rail and transportation sector lawyer, will join the firm’s real estate practice, working with the global infrastructure and construction groups. He joins from DWF. He specialises in advising public and private sector clients [...]