MPs want more data to be open to the public March 17, 2014 PUBLIC data gathered by the government should be made public whenever possible in the name of transparency, MPs said today. Data sets such as the Postcode Address File that was privatised along with the Royal Mail should be considered a national asset and made freely available, the House of Commons public administration select committee (PASC) [...]
Brighter outlook for companies as restructuring predicted to fall February 2, 2014 MORE than three quarters of lenders believe company restructurings will fall or level off this year, as the difficult environment for struggling companies starts to ease, a fresh poll out today says. The figures from Deloitte shows 52 per cent of lenders think the number of restructurings will fall over 2014 while 24 per cent [...]
It’s easier than ever to start out as an angel investor – and there’s more to it than money June 16, 2014 IN THE bad old days – when Britain was clearly divided between haves and have-nots – it was easy for the average Marxist to distinguish between the capitalists and the rest of us. However, with shareholdings, private pensions and crowdfunding, things have got a little complicated for those who want to bring down the “owners”. [...]
City Moves for 25 April 2014 | Who’s switching jobs April 24, 2014 Mayfair Capital The investment management company has hired Gill Roantree as chief operating officer. She joins from Schroder Property, where she was head of investment support. Towers Watson The professional services business has appointed Scott Robinson as UK head of its life insurance practice. He joined in 1997, and was most recently head of its Manchester [...]
4 ways Waitrose plans to use technology to outsmart its rivals May 8, 2014 Britain’s upmarket grocer Waitrose’s is trialling an array of new technology and services at its newly opened Swindon store that it hopes will give it the edge over its rivals and lure more customers through its doors. In a presentation to analysts and media last week, managing director Mark Price said the 40,000 square [...]
City Moves for 10 April 2014 | Who’s switching jobs April 9, 2014 Baker Tilly The law firm has announced the appointment of Adam King as head of tax in its Milton Keynes office. He joined in 1999, and specialises in exit and succession planning, profit extraction, capital allowances, and R&D tax credits. KPMG The professional services firm has made two appointments. John Cox joins as a partner in [...]
Solvency II gets green light in EU parliament March 11, 2014 A NEW regulatory scheme for insurers has moved one step closer after the European parliament yesterday voted through the Omnibus II directive that will implement the rules. The long-awaited Solvency II scheme, which will set capital requirements for insurers across the EU, will be formally introduced in January 2016. The directive follows on from Solvency [...]
Closing the deficit isn’t enough: UK debt is a risk to financial stability May 7, 2014 ELECTION 2015 is now under a year away. The battle lines are forming, but will any party set out credible plans for tackling government debt? While the deficit is falling, the nation’s debts are growing – with a far-reaching effect on government and public services. In the coming months, each political party will be preparing [...]
City Moves for 14 February 2014 | Who’s switching jobs February 13, 2014 Baker & McKenzie The law firm has announced the appointment of Hiroshi Sheraton as a partner in its intellectual property (IP) practice group, and global pharmaceutical and healthcare industry group. He was most recently at McDermott Will & Emery, where he was a partner and co-head of its IP practice. RICS The Royal Institution of Chartered Surveyors [...]
What the other papers say this morning – 20 May 2014 May 19, 2014 FINANCIAL TIMES EU banks face debt sale clampdown European regulators are seeking to clamp down on the sale of debt by banks to their own retail customers, amid fears savers do not realise the risks posed by such assets. The European Banking Authority is concerned about the sale of bank debt that could be bailed [...]