After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Mortgages: Are 100 per cent no deposit loans about to make a comeback? May 9, 2023 One of the UK’s largest building societies is considering launching a no deposit, or 100 per cent loan to value mortgage. Mortgages which do not need a downpayment, or deposit, were phased out after the financial crisis. Although 100 per cent or zero deposit mortgages have been available since 2009, lenders will only offer them [...]
UP THE JUNCTION: Why Clapham’s pubs seem to be recession-proof May 8, 2023 Few London neighbourhoods can stir up conversation like Clapham does. Known for its cringey nightclubs and spawning array of trendy coffee shops, the region has long served as a first home for junior account execs and recruiters arriving in the capital to begin their careers and get a taste of city life. It’s also got [...]
London cabbies’ green ambitions slowed by poor EV charging set-up, warn taxi firms May 8, 2023 Taxi firms have called for more action from government and City Hall to address failures in London’s EV charging infrastructure, which they argue is slowing the transition to electric fleets. “There’s work to be done on infrastructure,” Liam Griffin, CEO of Addison Lee, told City A.M. “When we signed up to this, there were all [...]
FRC begins hunt for new boss as audit body advertises role with £330k salary (and to be able to work from both London and Birmingham) May 5, 2023 The boss of Britain’s audit regulator, the Financial Reporting Council (FRC) will need “credibility, integrity and capability” to enact “organisation change”; they can also expect to be paid £330k plus benefits for doing so. An advert for the next chief executive of the FRC, which will soon become ARGA confirms previous City A.M . reports [...]
Coronation and your cash: How much have prices – and life in the UK – changed since 1953? May 5, 2023 When Queen Elizabeth II was crowned 70 years ago in 1953, the price of a pint was less than 10p, the average house price was around £1,800, and the average salary was £10 a week. But that’s not all that has changed, this year’s Coronation of King Charles III takes place in a nation where life [...]
We might not be able to control ChatGPT, but we can control the data it consumes May 5, 2023 The UK should lead the way on regulating generative AI, and it should focus on the data used by these systems to do so. After all if the data is biased, so it's the final product, writes Sir Nigel Shadbolt
Are housing targets good or bad? May 4, 2023 As a new WhatsApp controversy within the Tory party puts housebuilding targets in the limelight, Elena Siniscalco asks whether central targets are a good or bad housing policy
WATCH: RNLI’s Tower lifeboats called out from new London station for the first time May 4, 2023 London’s busiest lifeboat rescue crew sprung into action from its new Waterloo Bridge home for the first time this week. The Tower team of the Royal National Lifeboat Institution (RNLI) launched from its newly-created multimillion pound station , after the dilapidated old one was towed away in January. Its previous station, which had parts of [...]
Dating at work is okay, as long as you’re dressing up for it May 4, 2023 The chief financial officer of a FTSE 100 company was forced to step down over a consensual relationship with a colleague. David Egan, finance chief of RS Group, left with “immediate effect” after notifying the board of a “personal relationship” with a colleague. Office dating, complicated, contentious – but also the source of many a [...]
I’m a celebrity, get me to City Hall! Our stars should take a pop at local politics May 4, 2023 With Sadiq Khan faring quite badly, and the Tory brand rubbished in London, perhaps a celebrity should give City Hall a shot and run for the London Mayoralty next year, writes John Oxley