After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
London’s property market will be the last to recover from Brexit, say estate agents October 28, 2016 Estate agents are predicting that London's property market will be the last to recover from the Brexit vote. According to haart estate agents, branches 100 miles from the capital had an average 75 per cent increase in activity month-on-month in September, compared to an average rise of just 37 per cent in outlets 45 miles from the [...]
City Moves for 28 October 2016 | Who’s switching jobs October 28, 2016 Capgemini Consulting Capgemini Consulting has appointed Kristofer le Sage de Fontenay as the head of financial services in the UK. Kristofer joins from Atos Consulting where he held the role of head of global financial services. Kristofer has over 20 years’ experience at Atos Consulting where he specialised in the financial services industry, in particular [...]
Don’t rely on downsizing to make up for your insufficient pension October 27, 2016 After years of runaway house prices, few will be surprised that a sizeable proportion of the UK’s net wealth is tied up in property. The latest ONS statistics show that dwellings make up a massive 62 per cent, or £5.5 trillion, of the country’s £8.8 trillion total. So it is also unsurprising that many see [...]
Henderson share price falls and blames Brexit vote for July’s retail exodus October 27, 2016 Henderson said that its retail investors scampered for covered following this summer's Brexit vote, with large numbers of withdrawals from its funds during July. Reporting on its third quarter performance, the asset manager said that retail outflows totalled £1bn, of which 70 per cent of them occurred in the immediate aftermath of the Brexit vote. Shares in [...]
Time is money: Are luxury watches a good investment? October 26, 2016 The current wave of smartwatches, like any new technology, will be outdated by the time you’ve finished reading this article. But certain classic watches not only tell the time, they increase in value with it. While the poorest performing of all the other asset classes (barring furniture), the watch sub-category of the Knight Frank Luxury [...]
What will it take for the online lending industry to hit profitability? October 26, 2016 Online lending has been having its Uber moment. “Platforms spend as much as they physically can to dominate, with VCs behind them pushing for that growth. But now, a lot of VCs have left. Platforms will have to go out for funding again, and we’ll see massive down rounds,” says one platform founder, speaking on [...]
As the government gives the go-ahead to expand Heathrow, should it have approved Gatwick too? October 25, 2016 Paul Wait, chief executive of the Guild of Travel Management Companies, says Yes. There is a simple but solid economic argument that a runway at Gatwick should be approved alongside one at Heathrow. Increased capacity at both airports would offer greater connectivity for passengers travelling to both short haul and long haul destinations, and offer businesses [...]
How Theresa May can achieve a truly radical housebuilding revolution October 25, 2016 Today, so many leaders are judged on how much they achieve in their first 100 days in office, a concept first associated with US President Franklin D Roosevelt. But as this milestone passes for Theresa May, what can we expect from the government when it comes to its promise of a radical approach to housing? [...]
This is how the third runway at Heathrow will hit London house prices October 25, 2016 The government has given the go-ahead for the third runway, and if there's one group of people who won't be happy about it, it's the people living nearby. Estate agents eMoov think the decision could lead to a 20 per cent drop in house prices in the area due the noise and air pollution that the [...]
Heathrow in numbers: How much will it cost? When will it be delivered? October 25, 2016 After today's government announcement that it will back the creation of a third runway at Heathrow, now the attention will come down to the detail of the plans. How much will it cost? When will it arrive? And will it pass a Commons vote? What happens next? We crunch the dates and numbers you need to [...]