After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
The UK’s investment industry has more assets than France, Germany and Italy combined September 29, 2016 London’s position as Europe’s premier financial hub was laid bare again today with the latest statistics on the UK’s dominant fund management industry. The Investment Association (IA), which represents investment firms based in the UK, found there are more assets under management (AUM) in the UK than France, Germany and Italy combined, and nearly 100,000 jobs [...]
Property of the Week: Nine Hillgate Street in Notting Hill is an experimental former art gallery on the market for £6.75m September 29, 2016 Nine Hillgate Street looks like a traditional terraced house in Notting Hill, but inside, it looks more like an art gallery. And that’s because it was, at one point, a gallery. Seth Stein Architects created this house as an experiment in design and have been using it to show-off art for the past year. “It [...]
Focus On Camberwell: The area’s cool neighbours and artistic connections make up for the lack of Tube September 29, 2016 Gentrification is taken to be a fairly modern concept; the word conjures up images of property developers covertly following artists home to scout out the area for substantial profit. In fact, the Victorians have been at it ever since the first railways began connecting previously far-flung districts to the capital and Camberwell was one of [...]
Sadiq Khan launches inquiry into foreign home ownership in London September 29, 2016 London mayor Sadiq Khan is launching an inquiry into the impact of foreign investment on the London housing market. Khan has said foreign investment is causing real concerns for London property and that he plans to look into the issue for the first time. “It’s clear we need to better understand the different roles that overseas [...]
The number of mortgage completions made through Help to Buy fell year-on-year in June September 29, 2016 The number of mortgage completions made with the government's Help to Buy scheme has fallen by eight per cent year-on-year in June, according to figures from the Treasury. Completions made through Help to Buy reached 3,118, a monthly increase of 27 per cent. Read more: Government Help to Buy Scheme under fire over deposit clauses [...]
Imagination Technologies share price dips as it sells Pure radio business for £2.6m September 29, 2016 Imagination Technologies announced today that it has sold its Pure digital radio business. Pure was sold for £2.6m on a cash and debt free basis to Austrian firm AVenture AT GmbH. Imagination Technologies said the buyer has also been granted an option to acquire one of the group's properties in Kings Langley, Hertfordshire for £4.5m. The chip-making [...]
Samsung confirms US authorities are looking at problems with its washing machines September 29, 2016 Samsung has revealed that it is in talks with US authorities over safety problems with its washing machines following reports in the media that some of them had exploded. The revelation comes as the US Consumer Product Safety Commission (CPSC) warned of problems to certain top-load machines built between March 2011 and April 2016. “In [...]
Brexit isn’t a Woolworths moment for commercial property in the City September 28, 2016 In the days following the EU referendum, I found myself looking back to one of the seminal moments of 2008: images showing hundreds of Woolworths shops closing their doors for the final time. At that point, no other event seemed to better illustrate the effects of the global financial crisis on the UK high street. With hindsight, [...]
Holiday Homes: Why the Four Seasons is pouring millions into Hvar, Croatia’s answer to the white island September 28, 2016 Hvar, in Croatia, seems to have it all: great weather, a fabulous coastline and a cool, relaxed ambience. Popular with the island’s young clubbers as well as the high-end sailing set, it’s even being hailed as a potential successor to Ibiza, all of which is attracting increasing numbers of property buyers and investors. It helps [...]
Why more private developers are looking to buy up the air rights above your building and make a fortune September 28, 2016 It isn’t hard to find a property expert claiming the future of the London housing market is up in the air. But there’s a growing band of developers who agree with them, albeit in a more literal sense. Smaller housebuilders have to get creative when looking for viable development opportunities, and for an ambitious few, [...]