Nvidia board reportedly meets to decide CEO Jensen Huang’s future as chip giant’s share price plunges – follow live
Posted on Thursday November 12, 2026

Nvidia shares fall in pre-market trading after report of Huang’s second affair

• Nvidia board reportedly deciding whether to oust CEO Jensen Huang

Too big – and too well-connected – to sack?

Huang does not enjoy the supercharged voting rights that are par for the course elsewhere – his shareholding is a plain vanilla 3.6%. On the other hand, Nvidia’s board does not appear to have spent much time worrying about succession planning and “key person risk” or other standard concerns of corporate governance wonks outside the US.

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Metro Bank up for sale, with billionaire investor in line for £420m windfall
Posted on Thursday November 12, 2026

Shares up 7% after announcement as Jaime Gilinski Bacal seeks exit three years after helping to rescue bank

Metro Bank is putting itself up for sale three years after its near-collapse, in a move that could hand a £420m windfall to its Colombian billionaire investor, Jaime Gilinski Bacal.

Metro Bank made the rare decision to publicly announce it was open to bids on Thursday, paving the way for a wider pool of suitors. The announcement pushed the share price up by 7% by mid-morning, valuing the bank at about £1.3bn.

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Burberry returns to profit as sales soar, from £85 socks to £9,000 coats
Posted on Thursday November 12, 2026

CEO says ‘democratic approach’ has helped brand outperform tough market, with big rises in China and US

Burberry has returned to profit as its back-to-basics strategy drove strong sales of the British brand’s coats, jackets and handbags over the summer.

Joshua Schulman, the chief executive, said the luxury brand had outperformed a “challenging luxury market” to achieve sales growth of 6%, helped by strong online and wholesale sales particularly in China and the US. “Our strategy is working,” he said.

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AI helps UK economy grow at fastest pace for more than two years
Posted on Thursday November 12, 2026

GDP ‘grew robustly’ by 0.7% in third quarter and by 0.2% month on month in September despite high oil prices

• AI helped the UK defy expectations – but will Britain’s resilience fizzle out?

• Business live – latest updates

The UK economy grew by 0.7% in the third quarter, its fastest expansion in two and a half years, as the rollout of AI services increased activity.

The Office for National Statistics reported that the economy “grew robustly” in the July to September quarter, almost entirely due to strong and widespread growth in the services sector, led by the IT sector.

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Nvidia board reportedly deciding whether to oust CEO Jensen Huang as stock price plunges
Posted on Thursday November 12, 2026

Meeting comes after CEO admitted to having a relationship with a woman who is alleged to be a Chinese spy

• Business live – latest updates

Nvidia’s board of directors met on Wednesday to decide whether to oust Jensen Huang as CEO of the world’s most valuable chip company, according to reports, after a tumultuous week in which the executive and co-founder of the company admitted to having a romantic relationship with a woman who is alleged to be a Chinese spy.

The meeting marks ⁠a sharp shift from Sunday, when Nvidia’s board ​expressed confidence in Huang and his leadership team. However, Huang’s position became more tenuous late on Wednesday after it was reported by the New York Times that Huang had a separate extramarital affair with a company employee named Kimberly Powell. She was Nvidia’s president of healthcare and was reportedly captured on video being affectionate with Huang at a hotel during a company conference in March.

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NHS England deletes ‘misleading’ claim 137 trusts benefiting from Palantir AI tools
Posted on Thursday November 12, 2026

Exclusive: The Guardian revealed 29 hospital trusts were not or hardly using the controversial patient data tech

NHS England has deleted a claim from its website stating 137 hospital trusts are benefiting from Palantir’s AI health data system after the Guardian revealed 29 of them were not using all or most of the controversial technology.

Health bosses had published a list of all the NHS bodies “live” with and “realising benefits” from the AI-powered federated data platform (FDP), a system set up to improve patient outcomes, boost operating theatre efficiency and speed up bed discharges. But after 29 trusts said it was either not live or they were not using any of its applications, the original list of hospitals appears to have been taken down.

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Carrick sacked by Manchester United with team in Premier League relegation zone – live
Posted on Thursday November 12, 2026

⚽️ Head coach departs after one win in 11 games
⚽️ Jamie Jackson: Carrick was latest fall guy for dysfunctional hierarchy
⚽️ Have any thoughts? Email Luke

“After going through the Moyes season,” writes Hugh, “the dross football of Mourinho and Van Gaal, the moments-years of Solskjaer, the Rangnick surgery that never was, the middling Ten Hag, the baffling Amorim, and now a decent man thrust into the meat grinder, this is the first year it’s been genuinely hard to watch Man Utd with any emotion.

“And it’s not because of the football. It’s that the Glazer ownership and Ratcliffe mismanagement has met the Man City revelations, meaning it’s hard to see the point anymore. £1bn taken out of the club while others were illicitly pumping in roughly the same. A club drained of life, hollowed out … I can take crap football, but I can’t take this anymore.”

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Crystal Palace sack Pierre Sage and in advanced talks to appoint Thomas Frank
Posted on Thursday November 12, 2026

• Sage goes after 16 games with club bottom of table

• He is the favourite to take over at former club Lens

Pierre Sage has been sacked as Crystal Palace’s manager after 16 games, with Thomas Frank in advanced talks to succeed him.

The Frenchman, appointed in mid-June to replace Oliver Glasner, has gone after Sunday’s 3-1 defeat by Liverpool left his team bottom of the Premier League. Frank, out of work since his dismissal by Spurs in February, has emerged as the main candidate to succeed Sage. He spoke to Palace in the summer and is keen for a new challenge after a successful spell at Brentford. it is hoped that he will take charge before next Saturday’s trip to Coventry.

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