After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Green shoots: Four charts that suggest the worst is over for the UK economy June 4, 2020 The UK economy suffered its worst month in living memory in April, but there are tentative signs that things began improving in May as coronavirus restrictions were gradually lifted. “The government’s plans for a progressive opening up of non-essential stores in June suggest that the low point for the economy is behind us,” said Ruth [...]
UK house prices tumble at fastest rate since 2009 amid coronavirus June 2, 2020 UK house prices dropped at the fastest rate since the financial crisis in February 2009 last month, figures have shown, as the coronavirus pandemic brought the property market to a standstill. House prices tumbled by 1.7 per cent in May compared to growth of 0.9 per cent a month earlier, according to the closely watched [...]
Emerging technologies challenge lawyers too June 2, 2020 Douglas Adams has a lesson for lawyers. His rules about new technologies say that anything in the world when you’re born is a natural part of the world; anything invented between the time you’re fifteen and thirty-five is new and exciting; but anything invented after you’re thirty-five is unnatural. The point of the joke is [...]
Property giant Capco snaps up 26 per cent stake in rival Shaftesbury in £436m deal June 1, 2020 UK property manager Capco has acquired a 26 per cent stake in London-focused property firm Shaftesbury for £436m. Capco has bought the stake from a trust set up by Hong Kong tycoon Samuel Tak Lee for 540p per share, representing a discount of 13.9 per cent to the closing Shaftesbury share price on 29 May. [...]
UK entrepreneurs rally behind the national response to COVID-19 May 29, 2020 Entrepreneurs are typically good at acting fast, spotting opportunities and responding to a dynamic market, so it comes as no surprise that many are responding to the ongoing COVID-19 situation by taking decisive action. As they try to determine the impact of the crisis, they’ve had to react quickly to safeguard employees and the future [...]
The City View: A recovery in retail and testing times for tech, with entrepreneur William Reeve May 29, 2020 In this episode Christian is joined by entrepreneur William Reeve, chairman of online investing platform Nutmeg, CEO of property tech firm Goodlord, NED at retailer Dunelm and co-founder of LoveFilm and Secret Escapes. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS William gives a comprehensive overview of the challenges facing key areas of the economy including retail [...]
Neil Woodford one year on: How the star stock picker fell from grace May 28, 2020 Former star stock picker Woodford suffered a very public fall from grace last year after his flagship Equity Income fund was suspended following a spike in investor redemptions. One year on, we look at what caused Woodford’s demise, where he is now and what it means for the investment industry going forward. Who is Neil [...]
London’s first skyscraper 55 Broadway to be converted into luxury hotel May 27, 2020 The former London Underground headquarters in St James’ Park will be converted into a luxury hotel after the development was given the green light by planning authorities. Westminster City Council has granted planning permission for Blue Orchid Hotels, part of the Integrity International Group, to transform the 55 Broadway complex into a new hotel. Transport [...]
Hammerson boss David Atkins to step down after a decade May 27, 2020 Hammerson chief executive David Atkins will step down after 10 years at the helm, the retail landlord said today. The property giant, which owns Birmingham’s Bullring, said Atkins will remain in position until spring 2021 while it searches for his successor. Atkins, who took the reins in 2009, said it had been a “privilege” to [...]
Central London office take-up plummets as employees work from home May 27, 2020 The amount of central London office space leased in the first quarter of the year plunged as employees began working from home and the UK entered its coronavirus lockdown. Office space leased in the capital between January and March reached 2.7m sq ft, down 30 per cent on the previous quarter. The government introduced a [...]