Inside the world of mine clearance: TDI’s Hugh Morris talks booby traps, Islamic State and why trust really matters June 21, 2015 There are 110m unexploded mines in the world today. And that’s the number under the ground – it doesn’t include those being stored, transported or created. “The saddest thing about Ukraine, Syria, Iraq, Libya is that this is destruction on repeat,” says Hugh Morris, founder and managing director of landmine clearance company The Development Initiative [...]
The stats man at the centre of a political storm: IFS boss Paul Johnson on how he copes with the limelight May 5, 2015 At an event in Bloomsbury last week, a journalist started a question to Institute for Fiscal Studies (IFS) director Paul Johnson: “If the IFS was standing for election…” before Johnson interrupted, finishing the sentence. “We wouldn’t get elected,” he said with a laugh. Johnson may not be seeking public office, but he and [...]
3i returns to UK market with Aspen Pumps swoop February 22, 2015 3i, the FTSE 100-listed private equity behemoth, is set to seal its first British deal since 2011 with the acquisition of Sussex-based manufacturer Aspen Pumps, it emerged yesterday. The buyout firm is on the verge of agreeing a deal with the manufacturer’s owner Inflexion Private Equity. The deal is expected to result in a considerable [...]
City Moves for 12 March 2015 | Who’s switching jobs March 11, 2015 Edmond de Rothschild Olivier Colom has been appointed head of the private banking and asset management group’s new General Secretariat, responsible for ensuring the Executive Committee’s decisions are implemented. He joined Edmond de Rothschild in 2013 as an international adviser, and has previously served as an adviser to the President of France and in various [...]
World class Johnny Sexton should maintain Ireland’s impressive record in Cardiff March 12, 2015 HARRY MADLEY PREVIEWS WALES V IRELAND AND BEN CLEMINSON LOOKS AT MANCHESTER UTD V TOTTENHAM HOTSPUR WHEN Craig Joubert blew the final whistle at the Aviva Stadium 12 days ago Ireland had beaten England for the first time since 2011. It also signalled that they were only two games away from winning the Grand Slam [...]
Labour leads in London but Greens could derail a Miliband victory January 26, 2015 Labour could be on course to win eight of its London target seats, according to a new poll released today. Historically a Labour city, a good performance in London is crucial to a Labour win in May. According to a YouGov poll conducted for the Evening Standard puts Labour 10 points ahead of the Tories [...]
Low pay and inflation deter rate hike March 4, 2015 CITY A.M.’s panel of economists voted seven to two to hold the Bank of England’s base rate at 0.5 per cent this month. This week’s guest chair, former UK rate-setter David Blanchflower, highlighted the fact that the next move in interest rates could be a downward one. The Bank has said lowering rates is now possible [...]
City economists vote to hold rates February 4, 2015 Our guest panel of city economists has voted to hold rates this month. Among the main concerns were lower rates of inflation becoming embedded in people’s expectations. However, one hawk argues that low interest rates are in danger of becoming embedded in borrowers’ expectations. Other concerns were the potential for a new Greek crisis and [...]
Low inflation set to prevent rate hike today December 3, 2014 BANK of England (BoE) officials are widely expected to keep interest rates at record lows today. In November, BoE governor Mark Carney warned inflation could dip below one per cent, in which case he would to pen an open letter to the chancellor explaining why. “Growth remains solid, and petrol prices falls should boost the [...]
City Moves for 10 November 2014 | Who’s switching jobs November 9, 2014 Lombard The asset finance provider has appointed Greg Chiappini as head of aviation and marine. He was most recently head of specialist asset management at Lombard, and started his career as an officer in the South African Navy. MetLife UK Simon Massey has been appointed wealth management director at the insurance and investment firm. He [...]