Zoopla snaps up price comparison website uSwitch in £190m deal April 30, 2015 ZOOPLA has bought price comparison website uSwitch for up to £190m as the property portal seeks to expand its reach into other household consumer services. Shares in the company rocketed 16.4 per cent yesterday as Zoopla announced it will pay £160m plus a performance-based fee of up to £30m for uSwitch’s parent company Ulysses Enterprises, [...]
Are you insured for that? Lloyd’s of London staff go over the edge May 14, 2014 ANYONE strolling past the Lloyd’s of London building yesterday would have been intrigued by more than Richard Rogers’ striking architecture. Scores of the insurance hub’s staff were pouring over the edge of the building. Not like lemmings, happily; they were abseiling down. The stunt, all in aid of RedR, a disaster relief charity, saw 120 [...]
Strauss has Batty Day at Lloyd’s of London May 1, 2014 DURING a quiet moment at the Lloyd’s of London insurance market yesterday, former England cricket captain Andrew Strauss (L) gave some cricket tips to Mark Stephenson (M) and Sean Rocks (R) from Liberty Specialty Insurance. The visit was to announce the renewal of Liberty’s sponsorship of Test match grounds this summer, which will see the [...]
City Moves for 27 February 2015 | Who’s switching jobs February 26, 2015 Octopus Investments The fund management firm has appointed Richard Wazacz as business line manager for venture capital trusts. He was formerly corporate development director for UK and Europe at Prudential. Wazacz has also held senior positions at Lloyds Banking Group. BLP The law firm has appointed Daniyal Ansari as partner in its real estate finance [...]
City Moves for 10 March 2015 | Who’s switching jobs March 9, 2015 New Bridge Street The executive remuneration specialist has appointed Drew Matthews as partner. He joins from Tesco, where he was group reward director for the past three years. Matthews has also held consultancy roles at PwC, Deloitte, and Stern Stewart. Eaton Vance Management International David Morley has been appointed business development director, UK institutional at [...]
GDP and consumer confidence rises reflect UK growth – London Report February 22, 2015 GDP growth is this week likely to be confirmed at 0.5 per cent quarter-on-quarter for the final three months of 2014. That growth is likely to be reflected further on Friday with consumer confidence for February at a 12-year high. The corporate week starts today with reports from Associated British Foods, Bovis Homes, HSBC and [...]
Six fire engines called to shop fire on Eversholt Street, Euston, road closed February 5, 2015 A north London road near Euston station has been shut off after the basement of a shop caught fire. Six fire engines are on the scene at Eversholt Street, which runs from Euston to Mornington Crescent. The London Fire Brigade said no one had been injured by the fire, which was in the [...]
City Moves for 13 February 2015 | Who’s switching jobs February 12, 2015 Institute of Directors Lady Barbara Judge CBE has been appointed as the new chair of the IoD. A trained commercial lawyer, she is currently chair of the Pension Protect Fund and the Energy Institute of UCL, as well as non-executive director of Portmeirion Group. Lloyds Bank Commercial Banking Lucy Barton has been appointed as a [...]
City Moves for 27 March 2015 | Who’s switching jobs March 26, 2015 Northern Trust David Burnett has been appointed head of hedge fund services in Europe, the Middle East and Africa (EMEA) at the financial services firm. He joined Northern Trust in 2011 as head of relationship management, EMEA. Burnett has also held positions at Omnium and Citadel Investment Group. Salamanca Group The merchant banking and operational [...]
Profits jump at Catlin ahead of XL Group deal February 10, 2015 INSURER Catlin Group made a profit of $488m (£320m) in 2014, up 13 per cent from the $432m posted in 2013. The Lloyd’s of London insurer also reported a 12 per cent increase in gross written premium, which grew from $5.32bn to $5.97bn, but combined operating ratio worsened, from 85.6 per cent to 86.8 per [...]