After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Week ahead: Investors watch BoE and sterling as EU vote nears June 13, 2016 Brexit braying and the Bank of England’s interest rate decision will be closely followed by investors this week. Ahead of the BoE’s announcement on Thursday we’ll hear from the US Federal reserve, and though markets are not expecting a move from either, investors will be paying close attention to the language used by policy makers. [...]
Kitted-out office sector to be worth £126bn within 10 years June 13, 2016 The UK market for fully-kitted out offices could rise in value to a whopping £126bn in under 10 years, a new report has revealed. Currently valued at around £16bn, the so-called serviced office sector is projected to increase in value significantly by 2025, to £62bn on conservative projections and £126bn on more optimistic forecasts. Economic [...]
Pensions are at risk from Brexit, David Cameron warns June 12, 2016 State pensions could be put at risk if Britain voted in favour of leaving the European Union Prime Minister David Cameron has warned. Free buss passes and TV licenses for pensioners would also be at risk from a "black hole" in the public finances, as would National Health Service and defence spending, he said. The government's commitment [...]
Museum of London has just unveiled six architects’ ideas to revive Smithfield Market June 10, 2016 The dilapidated Smithfield Market has lain empty for the past 20 years – but it could be about to be given a new lease of life after the Museum of London, its new owner, unveiled six designs for its regeneration. In July last year City A.M. revealed that the City of London was in talks [...]
Property prices in England and Wales fell in May as the market stalled ahead of the EU referendum vote June 10, 2016 In May house prices experienced the sharpest drop since November 2011 as the property market was plagued by uncertainty surrounding the EU referendum. Property values fell by 0.4 per cent in May in England and Wales – the lowest home sales in May for five years – according to data from Your Move and Reeds Rains estate agents. Read [...]
How landlords are softening the blow of buy to let tax changes June 10, 2016 The government's tax changes on second homes has produced a record demand for mortgages through companies in the first quarter of 2016, according to a report released today. Buy to let lending to limited companies surged to nearly 38,000 in the first quarter, which is more than for the whole of 2014, as landlords incorporate to [...]
Yields on UK government debt have just hit a record low ahead of the EU referendum June 9, 2016 The price of government debt in both the UK and Germany hit record lows today, as investors rushed into safe haven assets with the EU referendum and further monetary stimulus on the horizon. The yield on the benchmark 10-year UK bonds hit 1.22 per cent this morning, the lowest since Bloomberg starting tracking the cost of debt [...]
Housebuilder share prices take a hit due to uncertainty over the outcome of the EU referendum June 9, 2016 Housebuilder share prices took a hit this morning as uncertainty over the outcome of the EU referendum cast a shadow over the property market. Taylor Wimpey shares were down 1.53 per cent in late morning trading to 186.20p, Barratt Developments shares dopped by 1.41 per cent to 559.00p and shares in Berkeley Group were down 1.85 [...]
Classic cars are becoming one of the UK’s best investments – but which ones should you be buying? June 9, 2016 With equities currently more volatile than Sarah Wollaston's views on the EU, and gold all over the place, it's no wonder an increasing number of people is turning to classic cars as an investment. New research suggests one in five people are now considering splashing out on a vintage set of wheels. And British marques [...]