Businesses are ready to spend – but government can make it easier March 31, 2014 AGAINST a range of improving economic indicators, one metric has remained stubbornly sluggish: business investment. A well-balanced recovery requires a significant rise in corporate investment and a shift away from consumer-led growth. Deloitte’s most recent CFO Survey found that risk appetite is at a six-year high, while just 20 members of the FTSE 100 hold cash [...]
Financial firms to lead £200bn spending spree in the UK March 31, 2014 FINANCIAL services firms are planning to splash out on staff and offices this summer, leading the way in an investment boom that will see the UK’s biggest businesses spend £200bn by the end of next year, according to two reports. Research released this morning by Deloitte estimates that UK firms with sales of more than [...]
In the driver’s seat: Why today’s IT departments are moving from back office to front-line services May 14, 2014 IT’S HARDLY surprising that today’s IT departments are feeling the strain. Technology has become more than just a back office tool – it is a disruptive force, offering those businesses with the ability and vision to effectively harness it huge competitive advantage. In just one example, a 2013 report by the RSA and sponsored by [...]
City hiring boom for graduates June 2, 2014 FINANCE firms are set to lead a surge in graduate hiring this summer, as companies across the UK rush to hire almost a fifth more university leavers than in 2013. Employers are set to boost the number of graduates they hire by as much as 18 per cent this year as the improving economy boosts [...]
City Moves for 19 May 2014 | Who’s switching jobs May 19, 2014 Colliers International The property company has announced the appointment of Henry Peto as a director in its tenant representation division. He was most recently at Cushman & Wakefield, where he worked in its London markets team. Squire Sanders The legal practice has appointed Gary Paddison as a partner in its real estate practice group. He [...]
City Moves for 14 May 2014 | Who’s switching jobs May 13, 2014 Allianz Global Corporate & Specialty The corporate and specialty insurance business has announced the appointment of Elke Vagenende as head of financial institutions for its London regional unit. She has over 16 years’ industry experience, and joined in 2012 at head of product development. Vagenende was previously a senior underwriter at Liberty Mutual Insurance. Smith & Williamson [...]
Dot London domain launches for city’s businesses to stake claim April 28, 2014 LONDON’S own dedicated web address .London launches today at 4pm when registration for the new domain name opens for Londoners. From today the first .London websites will start to go live, marking the start of a three month period during which London’s businesses and individuals with registered trademarks can buy .London domains before anyone else. [...]
Horizon Discovery stock goes to a premium on first day’s trading March 28, 2014 SHARES in life science research tools supplier Horizon Discovery got off to a sparkling debut on the first day of dealings yesterday. Cambridge-based Horizon, which has been ranked as one of the fastest growing biotechnology companies in Europe by Deloitte, raised £40m in new money as part of its initial public offering at 180p, with [...]
Deloitte mulls appeal as tribunal confirms MG Rover shortcomings July 29, 2013 A TRIBUNAL ruled yesterday that Deloitte fell short of ethical standards when advising MG Rover and four of its directors ahead of the car company’s collapse in 2005. Deloitte lost its appeal against the Financial Reporting Council’s ruling and is facing an unlimited fine, to be set out as early as today, as well as [...]
What the other papers say this morning – 19 June 2014 June 18, 2014 FINANCIAL TIMES US share dividends hit record US share buybacks and dividend payments climbed to a record level in the first quarter of 2014, as companies chose to boost shareholder returns in the absence of robust revenue growth. Members of the S&P 500 index – led by Apple, IBM, ExxonMobil and FedEx – spent $241bn [...]