After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
TfL strikes £250m funding deal with government to become ‘financially sustainable’ December 18, 2023 TfL strikes deal with government for £250m funding after the network's future finances were left unclear in Autumn Statement
The Notebook: A look at some of London’s top festive finds December 18, 2023 Where the City’s movers and shakers get a few things off their chest. Today, Michelle McGrath, executive director of Shaftesbury Capital, takes the pen. It’s no accident London is a festive city Christmas is famously the time of good cheer, but it is also the single most important time for retailers and the hospitality industry. [...]
Investors to find out if FedEx can ride out parcel slowdown December 17, 2023 Package delivery giant FedEx is set to report higher profits in its second quarter results on Tuesday, with shareholders focussed on its ongoing cost-cutting programme.
Sainsbury’s boss: Brits don’t have time to bargain hunt with rivals December 17, 2023 The chief executive of Sainsbury’s has said that customers are shunning the likes of Aldi and Lidl in favour of ‘Big Four’ grocers, as a return to the office and a resulting lack of time has left them unable to shop around for deals. In an interview with The Telegraph, Simon Roberts said that the [...]
Italy topples Bulgaria to offer Europe’s lowest ski-resort prices December 16, 2023 Bulgaria has lost its position as Europe’s cheapest ski destination for UK tourists, according to a new report.
St James’s Place shares slump after it reveals plans to buy up advisers’ books December 15, 2023 Shares in St James’s Place (SJP) have slumped today after the firm revealed plans to raise cash to snap up the business of retiring partner advisers.
Farage debanking row: Law changed so politicians are seen as lower risk December 15, 2023 It comes after Nigel Farage revealed that Coutts, owned by NatWest Group, had moved to close down his bank account, prompting a row over the current UK banking rules.
TWaTs: Just a quarter of firms expect staff to be in the office full time December 15, 2023 Only one in four companies expect their staff to be in the office full time in the coming years, research suggests. A survey of more than 1,000 businesses indicates around one in six believe their employees will mainly work remotely. The study, by the British Chambers of Commerce (BCC) and technology firm Cisco, found a [...]
Why the Bank of England stayed hawkish on interest rates while the Fed was optimistic December 14, 2023 The Bank of England has taken a more hawkish stance than its US counterpart on future interest rate cuts, after opting to leave them at a 15-year high of 5.25 per cent for the third time in a row. The central bank’s Monetary Policy Committee (MPC) said “key indicators” of inflation were still elevated, despite [...]
Bank of England holds interest rates despite some policymakers voting for further hikes December 14, 2023 The Bank of England has left interest rates on hold at 5.25 per cent for the third time in a row. The move was in line with economists' expectations.