After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Donald Trump’s ambiguous trade policy is a massive opportunity for Britain to catalyse the creation of a new Prosperity Zone November 10, 2016 Much ink has been expended on what a Donald Trump presidency will mean for trade. He has promised at various times in his campaign to slap 45 per cent tariffs on China and Mexico, to pull the US out of Nafta and the WTO, and has railed against the TransPacific Partnership. Naturally many people have assumed [...]
Bovis Homes on track to deliver record revenues despite Brexit blip November 10, 2016 Housebuilder Bovis Homes said today that it's on track to meet expectations of revenue and profit growth for the year, despite uncertainty in the market following the EU referendum. The group said that aside from the weeks immediately after the UK's vote to leave the EU, sales during the year to date have followed a normal [...]
City Moves for 10 November 2016 | Who’s switching jobs November 10, 2016 Touch Surgery Eric Collins has been appointed by Touch Surgery as chief operations officer. Eric is a technology executive who has spent a career building the value of software companies through innovative product, distribution, monetisation and partnering strategies. Previously he has held roles at AOL, Time Warner and SwiftKey/Microsoft. He was also appointed by former [...]
Donald Trump’s Presidential election victory could be good for London house prices November 9, 2016 Donald Trump may be about to take the White House, but here in Blighty we're more concerned about one thing: house prices. Thankfully, analyst Anthony Codling has already answered the question everyone was asking: what does a Trump win mean for London house prices? In the short term, he suggests, the London market may get a [...]
At the frontline: The cyber threat is becoming ever more subtle November 8, 2016 On any given day, typing the words “cyber attack” into Google News will give you a fresh medley of hacking stories. Hollywood and Edward Snowden may have romanticised the perpetrators of these crimes, but behind most of the headlines sit one or more business owners who are the victims of these devastating breaches. Darktrace and its 330 [...]
Opinion: Berlin estate agent says there’s been a sharp increase in Brits buying post-Brexit November 8, 2016 The UK’s referendum decision to leave the EU sent a shockwave across the entire world, which has been illustrated by the mini-crash of the pound since the result was announced. In terms of the wider fallouts and effects of the UK’s departure, we must continue to wait and see how the UK aligns and positions [...]
Meet the 18 companies joining the FCA’s regulatory sandbox November 7, 2016 The UK's foward-thinking financial regulator has chosen 18 companies to participate in its so-called regulatory sandbox, where they will be able to test out new technologies without breaching rules. Launched over the summer, the sandbox is designed to foster fintech innovation while remaining under the supervisory eye of the City watchdog, the Financial Conduct Authority. Read more: [...]
Hiscox to scale back Lloyd’s operations after revealing that rates are under “severe pressure” November 7, 2016 One of the best known Lloyd's insurers today revealed a strategic pivot, saying its London market operations will "shrink materially" next year. Hiscox, whose Lloyd's footprint can be traced back over 70 years, said it can't generate enough profit when underwriting aviation, marine and energy and US large property policies in particular. Chief exec Bronek Masojada said that [...]
UK house price growth eased off in October November 7, 2016 Much has been said about whether the Brexit vote hit demand for homes in the UK. Figures published today suggest that may be the case: prices grew 5.2 per cent in October, down from 5.8 per cent in September. The average house price hit £217,411 in October, according to the Halifax house price index – that's [...]
Start ’em young: City A.M. meets Captify co-founder Adam Ludwin November 7, 2016 By the time he was 21, Adam Ludwin, co-founder of adtech firm Captify, had already been to and quit university, and worked as an estate agent, a city broker and a recruitment consultant. But he still wasn’t content. “For what I wanted to achieve I really didn’t feel that I needed to go down the [...]