City Moves for 09 September 2014 | Who’s switching jobs September 8, 2014 Lloyds Bank Madeleine McDougall has been appointed head of origination within Lloyds Bank Commercial Banking’s global corporate real estate business. She joins from Deutsche Pfandbriefbank, where she led its international client team in the UK. McDougall has also held roles at Eurohypo and Westimmo. EY Jason Lester has been appointed UK & Ireland managing partner [...]
Glastonbury no longer just for hippies as City gets ready to party June 26, 2014 Once the reserve of hippies and staunch lefties, Glastonbury has started to appeal to a much wider audience, with luxury winnebagos for £8,250 a pop for those not in favour of pitching tents. This year, we’re expecting Glasto regulars RLM Finsbury founder Roland Rudd, Deloitte head of property Andy Rothery, Serco’s newbie chief Rupert Soames [...]
City Moves for 03 September 2014 | Who’s switching jobs September 2, 2014 Alvarez & Marsal Senthil Alagar has been appointed managing director in the professional services firm’s restructuring and turnaround team in London. He joins from Barclays, where he headed its UK & Ireland business support restructuring team. Alagar has also held roles at Bank of Scotland, PwC and EY. M&G Real Estate Steven Hollands has been [...]
Food spending falls for first time in 25 years as supermarkets wage price wars August 21, 2014 Spending on groceries has fallen for the first time since records began 25 years ago, laying bare the challenges facing Britain’s supermarkets in winning over cash-strapped shoppers. The amount spent in food stores fell 1.3 per cent in July compared with the same time last year, according to the Office for National Statistics, which put [...]
Oil price hits a five-year low: What does this mean for markets? December 8, 2014 Equities could see a lift, but it’s bad news for oil exporters Looking ahead to 2015, there’s plenty for markets to fret about. Rate hikes in the UK and US are a near certainty – after years of extraordinary monetary stimulus that propped up asset prices and kept sovereign bond yields low – as are [...]
City Moves for 20 August 2014 | Who’s switching jobs August 19, 2014 BDO The accountancy and business advisory firm has announced two appointments to its forensic accounting team. Gavin Williamson joins as a partner from Deloitte, where he specialised in complex, multi-jurisdictional fraud and corruption investigations. Cathie Cameron (pictured) joins as a director. She previously ran her own consulting business in the US, and has also held [...]
City Moves for 27 June 2014 | Who’s switching jobs June 26, 2014 Deloitte Real Estate Deloitte’s real estate business has promoted five to partner. Jamie Olley (pictured) works in its City investment team. Mathew Evans-Pollard works in planning and development, Mike McChesney in lease advisory, Leonie Oliva in planning and Guy Palmer in procurement. Squire Patton Boggs The law firm has appointed Andrew Walker as UK head of [...]
Firms look to political problems as economic uncertainty fades July 7, 2014 FEWER than half of company finance bosses believe that they are still facing an above-average level of economic uncertainty, according to a major survey this morning. Deloitte’s latest barometer of chief financial officer (CFO) opinion shows that only 49 per cent are reporting above-average or high financial and economic uncertainty, down from 95 per cent [...]
Demolition in the City soars as firms prepare for building work May 20, 2014 DEMOLITION in the City of London has increased as property developers make way for new schemes and scramble to meet the gap in supply. According to the latest Deloitte London Office Crane Survey out yesterday, there was only one new construction start in the City over the last six months, which is Asia House on [...]
Segro sells £66m Brussels office park to US investment firm Ares July 7, 2014 Segro said yesterday that it had exchanged contracts to sell Pegasus business park in Brussels for €83.4m (£66.2m) as part of its strategy to scale back its exposure to regional offices. The FTSE 250-listed office and warehouse developer said funds managed by the US investment firm Ares Management had snapped up the business park, which [...]