A London NFL team would bring £100m kick October 29, 2014 Last year’s two NFL games at Wembley brought an extra £32m to London, according to research from Deloitte, a figure that could rise to £58m by 2016. And the value that a full-time London team could bring to the capital? £102m.
Gherkin sold: Safra Group buys one of London’s tallest buildings 30 St Mary Axe November 10, 2014 Brazilian investment group Safra is to buy the City’s iconic Gherkin skyscraper from receivers Deloitte, the two firms announced this morning. Deloitte’s real estate arm and Savills was appointed to sell 30 St Mary’s Axe this summer after its previous owners Evans Randall and German firm IVG failed to strike a restructuring deal over its [...]
City Moves for 20 November 2014 | Who’s switching jobs November 19, 2014 Deloitte The business advisory firm has appointed Bill Page as senior adviser for African projects, based in London. He joins after five years at Deloitte Tanzania, where he was partner responsible for tax practices there and in Uganda. Page also spent nearly 11 years in the former Soviet Union. Moore Stephens The accounting and advisory [...]
City Moves for 15 January 2015 | Who’s switching jobs January 14, 2015 Lloyds Bank Lloyds Bank Commercial Banking has appointed Allen Appen as head of financial institutions capital and asset backed solutions. He joins from Barclays, where he was most recently head of financial institutions capital markets for Europe, the Middle East and Africa. Mole Valley Asset Management The investment management firm has appointed Andrew Holder as [...]
10.8m jobs set to be replaced by robots in the next 20 years but here’s where humans may have the edge November 10, 2014 A third of Britain's jobs are under threat from technology and could be replaced within the next two decades, according to research by Deloitte and Oxford University. The initial diagnosis appears terrifying, with 10.8m jobs set be replaced by automation and robots, with low-paid jobs being five times more likely to replaced than high paying [...]
City Moves for 08 January 2015 | Who’s switching jobs January 7, 2015 Investec The bank’s corporate and institutional banking division has announced the appointment of Florian von Hartig as head of debt capital markets. He joins after nine years at Standard Bank, where he was global head of debt primary markets. JLL UK The real estate-focused professional services and investment management firm has appointed two new sustainability [...]
Fuel duty freeze welcomed but oil firms call for more support December 3, 2014 FUEL duty remains frozen at 58p per litre for petrol and diesel, the level it has been at since 2011. Yesterday’s Autumn Statement saw George Osborne keep fuel duty at the same rate for the seventh time. He told Parliament: “Despite falling fuel prices let me make this clear: we’ve cut fuel duty and we [...]
City Moves for 07 January 2015 | Who’s switching jobs January 6, 2015 Dexion Capital The alternatives investment bank has appointed Magnus Spence as head of asset management. He has over 20 years’ experience, and has held roles at Mercury Asset Management/Merrill Lynch Investment Managers. Spence co-founded Dalton Strategic Partnership in 2002. Falcon Group The specialist financier has appointed Nick Gowlland as chief financial officer. He has previously [...]
City Moves for 05 November 2014 | Who’s switching jobs November 4, 2014 Deloitte The business advisory firm has announced two appointments. David Halstead (pictured) becomes leader of the technology sector, and Mark Lee-Amies has been appointed audit lead for Deloitte’s UK technology, media and telecoms (TMT) industry practice. Henderson Global Investors Glen Finegan has been appointed head of emerging market equities at the asset management firm. He was [...]
London’s new crisis: A shortage of offices will do immense damage January 18, 2015 If London is to reach its economic potential in 2015 and beyond, its office space must be protected. Otherwise, the lack of affordable housing in the capital will be matched by a lack of affordable office space. The crisis in the provision of housing for Londoners is an undeniable issue; for London to remain a [...]