After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Graduates expect to earn £28,362 in their first job after university June 1, 2016 As the class of 2016 polish off finals and prepare for graduation, eyes will turn to the prize – that lucrative and hard-earned first foray into the world of work. And this year's graduates – the second cohort to have paid £9,000 a year in tuition fees – are expecting some rather handsome pay packets to [...]
Brexit bluster: Telford Homes boss is so chill about housing he says he’d buy a plot on the day before the EU referendum June 1, 2016 The chief executive of a top London property developer is so confident about the resilience of the housing market that he'd buy a plot the day before the EU referendum. Speaking to City A.M. on a day of strong results for the company, Jon Di-Stefano, chief executive of Telford Homes, said: "Even if we vote out people aren't going to disappear [...]
Telford Homes announces strong results as it sets its sights on the private rented sector June 1, 2016 London residential property developer Telford Homes announced strong revenue growth in its final results for the year ending March 2016, and pre-tax profits at the company exceeded original market expectations. The firm's revenue was up by 42 per cent year-on-year, jumping from £173.5m in 2015 to £245.6m this year. Pre-tax profits were up by 28 per cent, to [...]
House price growth falls to its lowest since October 2015 as stamp duty changes take their toll June 1, 2016 Have George Osborne's changes to house prices had their desired effect? House price growth fell in May, to its lowest since October last year – suggesting things could be about to look up for those struggling to move up the property ladder. Nationwide's House Price Index showed prices rose 1.3 per cent to £204,368 in the [...]
EU membership matters to Britain’s advanced manufacturers – and it’s about far more than the Single Market June 1, 2016 A car consists of elements and components that have been sourced from right across the globe. The metal that forms the panels will have been quarried as an ore in one place, been through a foundry in another before being pressed into shape somewhere else. It will then be fitted with an engine that has [...]
FTSE quarterly review: Inmarsat’s share price tumbles ahead of expected relegation May 31, 2016 Inmarsat’s share price fell nearly four per cent today ahead of its expected demotion from the FTSE 100. The satellite services company is set to be replaced in the FTSE 100 by Hikma Pharmaceuticals. Read more: At the close: Brexit poll sends FTSE 100 down for the month While Inmarsat’s share price dropped to 719.5p, [...]
New Zealand is the latest country to propose introducing plain cigarette packaging laws May 31, 2016 New Zealand has emerged as the latest country to propose introducing plain packaging for cigarette boxes. In a statement released today, which coincides with World No Tobacco Day, the government said it would model the plain packaging requirements on those already in use in Australia, and will propose mandatory health warnings cover at least 75 [...]
EU referendum: A Brexit doesn’t necessarily spell doom and gloom for London’s property market – fortune will favour the brave May 31, 2016 While a vote to leave the EU on 23 June looks less likely by the day, landlords, letting agents and corporate relocation specialists shouldn’t worry too much about a Brexit. Whether we wake up on the 24 June ‘in’ or ‘out’ of Europe, it will be several months before the true consequences of either outcome become clear. [...]
FTSE quarterly review: Inmarsat and Jimmy Choo set for demotions as Hikma Pharmaceuticals gets ready to move up May 31, 2016 Inmarsat could find itself demoted from the FTSE 100 as part of quarterly changes to the index. The satellite services company, whose shares tumbled earlier this month when it unveiled disappointing first-quarter profits, is set to be bumped from the FTSE 100 – and could be replaced by Hikma Pharmaceuticals, FTSE Russell said today. Meanwhile, [...]
M&G Real Estate move in on the east London housing market with development in Bow May 31, 2016 More tower blocks are set to pop-up in east London as property investors M&G Real Estate has signed a deal with Telford Homes to build new private rental homes in Bow. The £69.3m development will comprise two five-storey buildings and one 22-storey tower near the Langdon Park DLR station. Telford Homes is the developer and contractor of the scheme, which [...]