Business bosses call for end to dithering on new runway plan November 19, 2013 DISGRUNTLED bosses have urged politicians to end their prolonged “dithering” on expanding Britain’s airports or face losing business to countries willing to allow more runways. More than a hundred corporate heads and business groups have signed the campaign to “Let Britain Fly”, which is backed by London First, the British Chambers of Commerce and the [...]
City Moves for 24 October 2013 | Who’s switching jobs October 23, 2013 Investec Private Bank The private bank has announced the appointment of Eden Riche as head of high net worth lending. He has previously held senior roles at RBS and Lehman Brothers Europe. Lloyds Bank Commercial Banking Ender Tanar has joined the bank as head of central Europe. He has over 28 years’ experience in the finance [...]
London Report: Water firms to show how well profits flowing November 24, 2013 THE FTSE 100’s latest female executive, Liv Garfield, will get an idea of what she’ll face when she joins Severn Trent next year as her new employer announces interim results, along with Pennon and United Utilities. The three, who have been called on by regulators to stop planned price hikes, are expected to have increased [...]
City Moves for 01 November 2013 | Who’s switching jobs October 31, 2013 Legal & General Property The property business has announced the appointment of Imogen Ebbs as a senior asset manager to support its limited price inflation income property fund. She was most recently at Lloyds Banking Group, where she was an associate director in its property solutions division. Baker Tilly The accountancy firm has recruited Winn Faria [...]
Fastest growth on record for England’s businesses November 11, 2013 A MAJOR survey of English firms recorded record growth across the country during October, suggesting that the economy’s recent swing back to growth continued into the start of the fourth quarter. Lloyds’ regional purchasing managers’ index (PMI) for last month found businesses reporting the fastest increase in business activity seen since the survey began in [...]
City Moves for 05 November 2013 | Who’s switching jobs November 4, 2013 RBS The bank’s real estate management division, part of its global restructuring group, has announced the hire of Jessica Way as a senior asset manager. She was most recently at Aviva Investors, where she was a real estate asset manager for its property trust. Chadbourne & Parke The advisory firm has recruited Nikolai Mikhailov as an [...]
City Moves for 28 November 2013 | Who’s switching jobs November 27, 2013 Harrington Cooper The fund distribution firm has appointed Henry Foster as sales manager in its discretionary sales team. He joins from Neptune Investment Management. Foster has also held roles at Citigroup Asset Management and Western Asset Management. MassMutual Gary Smith has been appointed head of sovereign wealth funds and official institutions for MassMutual’s asset management [...]
Inside Track: It’s about time the City’s watchdog got its act together December 4, 2013 WERE British banks engaged in a corrupt pact to bankrupt struggling business customers? The evidence from dossiers compiled by the businessmen Lawrence Tomlinson and Neil Mitchell is superficially shocking, although as yet inconclusive. Anecdotal evidence that Royal Bank of Scotland’s global restructuring group has nudged clients into administration when alternative outcomes were achievable have circulated [...]
What the other papers say this morning – 21 October 2013 October 21, 2013 FINANCIAL TIMES Cameron to build on Royal Mail sale David Cameron is planning to build on the huge popularity of the Royal Mail privatisation by prioritising retail investors for the sell-offs ahead of the general election in 2015. Attracting retail investors will be a key aim as the government prepares to complete the sales of [...]
Rathbones boss Pomfret to step down next year December 2, 2013 RATHBONE Brothers veteran chief executive Andy Pomfret yesterday said he was retiring from the company next year after a decade at the helm of the investment firm. Pomfret, who became chief executive in 2004 after joining the upmarket fund manager as finance chief in 1999, will stand down at the end February. The company, which [...]