After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Foxtons has moved into The Big Issue’s former offices in Vauxhall September 28, 2016 Foxtons has moved into The Big Issue's former office in Vauxhall after the local council rejected the estate agent's plans for an illuminated shop front. The Big Issue's head office had been in Vauxhall for 15 years. But now the magazine – which raises money for the homeless – is headquartered in Finsbury Park, in the constituency of Labour leader Jeremy Corbyn. Foxtons officially opens [...]
Weak pound draws tourists to London’s Westfield centres September 28, 2016 Westfield shopping centres have been inundated with Chinese customers bulk buying Burberry handbags on the back of the weak pound. In July, Chinese spend in Westfield Stratford jumped 116 per cent year on year. Chinese spend in Westfield London, White City, increased by 16 per cent. Read more: Westfield Stratford set for more visitors in [...]
The UK is the seventh most competitive economy in the world September 27, 2016 The UK has surged to seventh place in a highly-influential ranking of the world’s most competitive economies. The World Economic Forum (WEF) said the UK had overtaken Hong Kong, Japan and Finland to climb three places in this year’s global competitiveness index, more than reversing last year’s embarrassing fall to 10th place. The WEF hailed [...]
London’s the best place in the world for fostering fintech as industry eyes new success measures September 27, 2016 London is the best city in the world for fostering fintech, ahead of New York, Silicon Valley and Hong Kong – but it faces a run for its money from Singapore – as the industry pushes for better measures for assessing its contribution to the economy and the government's new industrial strategy. The two cities were ranked highest based [...]
This Victorian home was turned into a House of the Year contender by two enterprising engineers September 26, 2016 When Tim Lucas searched for a family-size property under £500,000 on his local estate agents’ website, he was offered a crumbling collection of stables that hadn’t seen a horse since Queen Victoria was on the throne. This was London after all, what did he expect for that money? Most househunters would have shrugged their shoulders [...]
Forget houses, why not live in the world’s most expensive van, or up a tree, or under the ocean? September 26, 2016 People are always nattering on about “the property market” and “having a roof over your head” and “why have you not been paying the mortgage?” But do we really need houses? Could we just go and live, say, at the bottom of the ocean, or in a cave, or maybe just in the back of [...]
Zoopla wants to bring property investment to the masses with a new “Invest” channel September 26, 2016 Housing portal Zoopla is making the move into property investment by allowing customers to invest as little as £100 into the market. The website is known for being an online shop-window for property buyers, but has teamed up with lending platform Landbay to provide a service for investors. Customers will be able to fund buy-to-let [...]
Standard Life will re-open its property fund in October September 26, 2016 Standard Life Investments will re-open its property fund in October after disposing of assets during a period of suspension. After the Brexit vote, several property funds were forced to suspend trading due to a spike in redemption requests, freezing £15-20bn worth of funds. Standard Life said it would open the fund again on 17 October [...]
Number of mortgage approvals down by over a fifth in August September 26, 2016 House purchase approvals dropped by more than a fifth in August, according to figures from the BBA. The number of approvals was down by 21 per cent as compared to August 2012. In the first eight months of this year, approvals were two per cent lower than in the same period of 2015. Read more: [...]
First-time buyers still have to save for over a decade to get a home in London September 26, 2016 First-time buyers may have hoped the EU referendum would reverse house price growth in the UK, but a Brexit housing crash has not materialised, and saving for a deposit has not become any easier. Would-be homeowners have to save for just over 10 years to get a deposit, according to research by Hamptons International, a figure [...]