Bank of England to launch new blog “Bank Underground” June 18, 2015 The old lady of Threadneedle street will lift up her skirt tomorrow with the launch of a new staff blog entitled "Bank Underground". The blog, named after the nearby tube station, will let Bank of England staff write editorials which support, as well as challenge, existing orthodoxies. Previously, Bank of England staff were limited to communicating with [...]
Dixons Carphone boss Sebastian James steals Retail Week Power List crown from Next’s Simon Wolfson June 26, 2015 Dixons Carphone chief executive Sebastian James has been crowned the most powerful person in British retailing, knocking Next's Simon Wolfson off the top spot. James has stolen the number one position in Retail Week's annual Power List, published today, for his work successfully merging the two retailers, creating a £10bn business that swooped into [...]
Retail app Octer quickly raising major second round of crowdfunding May 17, 2015 Mobile shopping app Octer has returned to the equity-based crowdfunding platform Seedrs, to raise a second round of funding. It is aiming to bring in a total of £700,000, in exchange for 7.48 per cent equity, giving a total valuation of £8.6m. The valuation has been agreed by key investors, and Octer’s principal investors have [...]
First homes inside former BBC Television Centre go on sale next month – starting at £500,000 July 27, 2015 Homebuyers will be soon able to own a slice of television history, with the first 450 homes inside the former BBC Television centre set to go up for sale next month. The scenery block at the former BBC Television centre in London’s White City is eerily quiet. For over 50 years the cavernous space used [...]
Return of London’s mansions: The former homes of aristocrats are being converted June 25, 2015 It isn’t often that a prestigious street in London falls out of favour. You won’t see a regeneration of Eaton Square or the King’s Road any time soon. But Connaught Place, a handsome street lined with Georgian mansion blocks overlooking Hyde Park, was the Belgravia of pre-war London and it’s experiencing a resurgence in popularity. [...]
Google’s Larry Page, American Express’ Ken Chenault, Three’s David Dyson: These are the UK’s top-rated chief executives, as voted for by their employees June 10, 2015 It's a tough business, being a chief executive these days – so a little bit of love from their employees never goes amiss. Now recruitment site Glassdoor has unveiled its list of the UK's highest-rated chief execs. Alas, the top-rated guy isn't even based here… The list, which is based on approval by their employees, [...]
General Election 2015: IOD slams Labour’s “obviously counterproductive” profit-sharing policy plans March 15, 2015 Potential Labour party plans to force companies to share profits with staff have been slammed by the Institute of Directors as “counterproductive” and a deterrent to investment. The policy to force firms with over 50 employees to set up profit-sharing schemes in the style of John Lewis is reportedly being considered by Ed Miliband in a bid [...]
BBC TV centre homes to go up for sale July 27, 2015 Homebuyers will soon be able to own a slice of TV history. Kasmira Jefford reports. THE scenery block at the former BBC Television centre in London’s White City is eerily quiet. For over 50 years the cavernous space used to bustle with carpenters and designers assembling sets for some of Britain’s best known programmes, including [...]
Life in the fast lane at Canary Wharf show June 4, 2015 Time for a mid-life crisis? Thinking about trading in for a younger model? You’re in luck! Motorexpo holds its 20th annual free-for-all car show in Canary Warf next week. From Monday, workers in the financial village even get a chance to drool over their dream car before showing off to their friends by test driving [...]
Minouche Shafik, Andy Street and Jamie Murray Wells: These are the business grandees honoured in the Queen’s birthday honours list June 12, 2015 It’s the Queen’s birthday tomorrow – and what better way to kick off the celebrations than announce which of the nation’s great and good will don a hat and trip off to Buckingham Palace to receive an award. Among the 1,163 people named, there are 86 years between the oldest and youngest recipients [...]