After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
13 years of returns: history’s lesson for investors September 12, 2016 There is no guaranteed route to success when it comes to investing, but the data below illustrates why it is important not to hold all your eggs in one basket. 13 years of asset class performances A widely-held belief is that shares deliver the best returns over the very long term, at least among [...]
Inside the lavish £3.9m apartments at Regent’s Park’s refurbished Park Crescent September 12, 2016 It's not often you get a chance to own a slice of London's architectural history. But with refurbishment on one of the capital's most iconic addresses complete, apartments have gone on sale – and you can buy one, for a cool £3.9m. Park Crescent, overlooking Regent's Park, was designed by architect John Nash (of Buckingham Palace and [...]
Aberdeen Asset Management told to boost its minimum capital requirements September 12, 2016 Aberdeen Asset Management said today that it had been asked to up the minimum level of capital it holds for regulatory purposes by Britain's financial watchdog. The Financial Conducted Authority now wants the asset manager to increase its minimum financial cushion to about £475m, up from £435m previously. Analysts said this will not affect its capital adequacy "which [...]
First time buyers still waiting for Brexit boost as banks demand higher deposits September 12, 2016 The Brexit vote has not been the boon for first-time buyers many forecasters expected it might be, new analysis of prices and mortgage data has revealed. In the aftermath of the referendum, many expected house prices across the country to dip, making it easier for hard-pressed savers to get a foot on the ladder. However, [...]
UK construction output wasn’t as bad as expected last month September 9, 2016 The UK's construction sector has been in pretty dire straits in recent months – but it turns out in the month immediately following the Brexit vote, things began to look up. Figures from the Office for National Statistics suggested today that construction output stayed flat between June and July – against expectations of a 0.5 per cent [...]
It’s time Chicken Licken Remainers admitted the sky hasn’t fallen in post-Brexit September 8, 2016 Before the referendum, the Remain camp did not hold back from listing the catastrophic consequences of Brexit. The banks and financial services sector would abandon London overnight, they said. Vital funding would be lost for farming, science and regeneration schemes. The British economy would immediately stall, then spiral into a crash. Eleven weeks on from [...]
London house prices will recover after their Brexit wobble, experts have promised September 8, 2016 London house prices may have been disappointing in recent months, but things are about to look up, according to the Royal Institution of Chartered Surveyors (RICS). Figures published this morning suggested sentiment in London's residential property market was showing "signs of improvement", with sales expectations moving into positive territory and price expectations stabilising in August. Read [...]
Zoopla’s share price edges upwards as it announces operating profit will be at the top end of expectations September 8, 2016 Online property portal Zoopla – a favourite among those who enjoy window-shopping for homes – said today that its operating profit will come out at the top end of its expectations this year. Zoopla's share price edged up 1.5 per cent in early morning trading on the news. The company owns several of the UK's digital platforms, including [...]
Best market for prime central London renters since the financial crisis September 8, 2016 Renters in prime central London locations, such as Marylebone and Mayfair, are enjoying the best market since the financial crisis. The number of new rental properties on the market in the three months to July 2016 increased 38.9 per cent year-on-year, according to Knight Frank's prime central London rental index. Read more: Prime central London house prices [...]
Britain must be boldly pro-enterprise to master the Fourth Industrial Revolution September 7, 2016 Business leaders and politicians gathered in Davos at this year’s World Economic Forum annual meeting were told a revolution had started. Not a bloody revolution, but an economic and strategic one, with its impact felt across every industry and every country. This unprecedented, disruptive fusion of digital, physical and biological technological developments has been dubbed [...]