After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
London housing crisis may be fuelled by long-term Airbnb letting, landlords body suggests September 2, 2016 London's housing shortage is being fuelled by a rise in long-term letting via sites such as Airbnb, a new report has suggested. Airbnb has hit back at the research, describing it as "misleading". The Residential Landlords Association (RLA) research in June found that 61 per cent of entire homes and apartments listed on Airbnb are available [...]
Fancy a career change? These are the best paying jobs in the world’s top cities, according to Emolument September 2, 2016 If you're looking to make a change in your career, it might be worth considering a move abroad, and more specifically, heading for the Big Apple. New York is where the highest paying roles can be found, according to research from salary-benchmarking site Emolument.com, which has analysed 5,162 pay data points for professionals working in New [...]
New homes on sale in “mini-Manhattan” London City Island, marketed as the capital’s would-be culture hub September 1, 2016 London City Island, Leamouth Peninsula From £365,000 The final and tallest building in the London City Island development will go on sale on Saturday. The marketing suite on the Leamouth Peninsula site will throw a party with ice pops and a juice bar from 10am to 5pm to entice buyers to invest in studio to [...]
Canada Life re-opens its property fund as the commercial property market shows “stabilisation” after the Brexit vote September 1, 2016 Canada Life has re-opened its commercial property funds after investors withdrew cash in the wake of the Brexit vote – but the firm has admitted its property valuations may be inaccurate due to current market conditions. When investors scrambled to take out money from property funds at the end of June, Canada Life and several other firms were [...]
City Moves for 1 September 2016 | Who’s switching jobs September 1, 2016 Knight Frank Knight Frank residential development has appointed Tom Hawkins as partner in its new homes team. Tom joins the firm from Hamptons International, where he worked for 10 years and latterly ran the new homes sales team. Tom previously led the sales of Portobello Square, W10, Aberfeldy Village, E14, and Rathbone Market, E16 – the [...]
Standard Life on the hunt for a Brexit guide to add to its public affairs knowledge August 31, 2016 Those with a head for Brexit-related red tape might want to dust off their CVs, as insurance and pensions company Standard Life is looking out for somebody to help guide it through the referendum fallout. The new hire will report to Graeme McEwan, chief communications officer, and will help advise the FTSE 100 firm on policy [...]
Experts welcome Treasury proposals to allow tax-free draw-downs to fund financial advice August 31, 2016 With millions of workers being automatically enrolled into a workplace pension the Treasury launched a consultation to ensure that they are adequately advised in preparation for retirement. The launch follows an announcement by the government in the March 2016 Budget to consult on recommendations by the Financial Advice Market Review (FAMR). The FAMR proposals were to allow [...]
10 London startups named the hottest in Europe August 31, 2016 Dinner delivery startup Deliveroo and and an artificial intelligence company acquired by Twitter have both been named among the hottest startups in Europe to emerge from London. Top entrepreneurs and investors from across Europe have chosen the startups, along with a further eight, to compile a top 10 list of the capital's newest tech companies making a name for themselves, [...]
Here’s why government spending isn’t fixing the housing crisis, according to Shelter August 31, 2016 The government is pouring money into schemes that boost demand for properties – but is failing to put enough cash into house building, according to research from housing charity Shelter. The current parliament has spent two thirds of its housing money – £28.7bn – on programmes such as the Lifetime ISA and Help to Buy, which [...]
Punch Taverns reports profits up as Pubs Code comes into force August 31, 2016 Punch Taverns' share price moved marginally higher this morning as it reported that profits were up across its pubs The figures Punch Taverns reported that it has managed to pressure profits up by four per cent across its pubs in its year end trading statement. The company also said it had completed its pub sales, [...]