Deloitte promotes more female partners in drive for equality May 31, 2015 Big four accountancy firm Deloitte promoted 22 women to the position of partner today, in its biggest ever round of appointments. The promotion of 75 new partners also includes 23 outside London as the business expands its reach outside the capital. And it announced a “return to work” scheme designed to help women who have [...]
Meet the Pikes: The brothers who gave up corporate jobs and first-home deposits to launch SuperCarers September 26, 2016 For brothers Adam and Daniel Pike, business is about personal passion as well as profit. Two years ago, they launched SuperCarers, an online solution to placing carers for the elderly in the home. “Our grandma needed care. The quality wasn’t good enough and it was too expensive. So our mum ended up being the primary [...]
City Moves for 22 March 2016 | Who’s switching jobs March 22, 2016 RPC Consulting RPC Consulting – the insurance consultancy arm of RPC – has appointed four senior insurance actuarial professionals to its team in London and Cambridge. Pete Lee, James Norman and Tony Lovick all worked at EMB (now Willis Towers Watson). Natasha Regan joins from the Financial Reporting Council (FRC). Pete has over 25 years’ [...]
BHS fiasco rumbles on as Goldman Sachs and The Pensions Regulator due to reappear in front of the committees next week June 26, 2016 The BHS saga starts a new chapter next week, with two more evidence hearings due to take place in parliament. On Tuesday afternoon, the Work and Pensions committee and Business, Innovation and Skills committee are set to hear from Alex Dellal, Allied Commercial Exporters, Paul Sutton, Lesley Titcomb, chief executive of The Pensions Regulator and Neville Kahn, managing partner, financial [...]
Powa layoffs off 74 of around 100 London employees after entering administration February 23, 2016 Powa Technologies, once billed by its chief executive Dan Wagner as the future biggest tech company in the world, has made 74 of its London employees redundant after burning through its massive cash pile. Powa Technologies Group was placed into administration on Friday, appointing Deloitte to oversee a potential sale after lead investor Wellington Management called in its loans. [...]
Jacksonville Jaguars: London’s unofficial NFL franchise, their plans to put down roots in the capital, and the threat Tottenham Hotspur pose to their British affair September 28, 2016 More than three years have passed since Mohamed Al Fayed, in a fitting coda to his eccentric reign, donned an oversized fake moustache and faced the cameras with Shahid Khan to mark the bewhiskered American sports mogul’s takeover of Fulham Football Club. It marked the second play of Pakistan-born, Florida-based Khan’s incursion into the capital’s [...]
City Moves for 8 June 2016 | Who’s switching jobs June 8, 2016 National Football League UK Melissa Brown, a sales and marketing executive with more than 15 years’ experience in the entertainment industry, has joined the National Football League’s London office to take responsibility for further growing the league’s commercial performance in the UK. Melissa joins the NFLUK office as vice-president of commercial partnerships following a stint [...]
Reject Sorrell’s £70m pay, Pirc tells WPP shareholders June 1, 2016 An influential shareholder group has called on investors to reject the £70m pay packet of WPP chief executive Sir Martin Sorrell. Shareholders have been advised to oppose the pay of the highest paid boss of any FTSE firm, which was dubbed "excessive", by the investor advisory body Pirc. WPP, which owns advertising agency JWT and Ogilvy & Mather, is due [...]
London mustn’t dither its way into stagnation May 31, 2016 Funds that take a long-term view are sitting on an estimated $117bn (£80bn) which they would like to invest into infrastructure projects, including in the UK, according to Andy Rose, the new chief executive of the Global Infrastructure Investor Association (GIIA). Meanwhile, London is hungry for investment into essential services such as housing and transport. So [...]
Last remains of failed unicorn Powa Techologies to be sold this week April 19, 2016 Powa Technologies, one of the UK's first "unicorn" billion dollar startups, has found a buyer for the remaining part of its business after collapsing into administration earlier this year. Administrator Deloitte has found an as yet unnamed buyer for PowaPOS, the last of its three businesses, and is expected to finalise a deal by the end of [...]