Bonus season: If you’re thinking of spending it on property, here are the top London hotspots you should be looking at January 27, 2017 It’s bonus season in the City and now you’ve got the enviable task of deciding what to spend it on. Historically low interest rates means putting the whole lot into an ISA isn’t quite as appealing as it once was. But house price growth particularly in the outer boroughs – Newham, Havering, Brent and Croydon [...]
Top bankers from Goldman Sachs and JP Morgan touch down in Davos for Brexit showdown with Prime Minister Theresa May January 19, 2017 Prime Minister Theresa May has jetted out to Davos for crunch talks with top bankers following a landmark speech this week in which she set out her vision for Brexit. May will meet chief executives from banks such as Goldman Sachs and JP Morgan a day after two other bosses – HSBC’s Stuart Gulliver and UBS [...]
Theresa May and Philip Hammond stick up for the City in Davos after banking job threats over Brexit January 19, 2017 Prime Minister Theresa May and her chancellor Philip Hammond came out fighting at Davos yesterday following reports that London’s banking sector faces job losses in the wake of Brexit. Ahead of a crunch meeting between May and global investment banking bosses including Lloyd Blankfein, German newspaper Handelsblatt said that Blankfein’s bank – Goldman Sachs – could [...]
Which UK regions are the greatest digital skills adopters? January 9, 2017 Small businesses in London and Scotland are the biggest adopters of digital skills in the UK, reports the third annual Lloyds Banking Group Business Digital Index. The new data shows over 70% of small businesses in these areas have developed basic digital skills, compared with the UK average of 62%. However many have yet to develop a strategy for [...]
Goldman Sachs’ veteran Michelle Pinggera to retire from bank January 19, 2017 Goldman Sachs' international chief of staff is to step down after 28 years at the Wall Street titan. Michelle Pinggera, who also has some responsibility for overseeing the bank's Brexit plans, is due to leave the investment giant at the end of March, around the same time the Prime Minister will trigger Article 50. In a [...]
Working Lunch review: Anglo in Farringdon is a constantly surprising, gastronomic take on modern British cuisine February 21, 2017 Anglo 30 St Cross Street, EC1N WHAT? Though it bills itself as ‘modern British’, Anglo is gorgeously gastronomic, but without the fuss and frills. Elegantly-arranged tasting dishes are served up on pristine earthenware in a tiny, contemporary dining room that lets the food do the talking. WHERE? It was pretty much hidden by a dirty [...]
Ultimate Products’ London IPO has been priced at £105m ahead of it joining the main market next week March 1, 2017 Ultimate Products' offer price has been set at 128p, which will equate to a market capitalisation of approximately £105.2m. The offer comprises 41,084,800 shares, representing 50 per cent of the company’s issued share capital on admission. Shore Capital is acting as sponsor, global co-ordinator and bookrunner to the Company, and Cenkos is acting as joint bookrunner. [...]
Which UK stock market sectors have performed best over two decades? May 19, 2017 When the stock market rises and falls the sectors within it can move very differently, especially in the short-term. Perhaps the best example was the dotcom boom and bust, when technology shares soared in 1999 and then spectacularly crashed in the three years that followed. A balanced and carefully managed portfolio can ease the impact [...]
City Moves for 5 January 2017 | Who’s switching jobs January 5, 2017 Colliers International Global real estate advisor, Colliers International, has recruitedKaty Rogers to its EMEA corporate solutions team. Katy, the newly appointed senior portfolio manager, will be responsible for managing client relationships, maintaining real estate strategies and coordinate day-to-day management of real estate transactions. Katy joins Colliers with five years of account and property management experience [...]
Goldman Sachs is considering halving its London workforce January 19, 2017 Goldman Sachs is considering cutting the number of staff in London to 3,000 after Brexit, it has been reported – effectively halving its workforce in the UK. German newspaper Handelsblatt reported that the US banking giant is mulling moving 1,000 jobs to Frankfurt as part of the plans, while other key operations would move to New [...]