Urenco might best be privatised through an IPO October 10, 2011 WITH the transactional markets still deathly quiet, it’s tempting to think of investment bankers sitting around twiddling their thumbs or frequenting their gyms rather more than usual. But there’s still plenty of speculative work going on, and some less speculative work, as well as the odd IPO being planned, such as that of Polymetal I [...]
CBI: Coalition is harming growth January 24, 2011 SIR RICHARD Lambert, the outgoing head of employers’ organisation the CBI, launched a scathing attack on the government yesterday, accusing it of pursuing policies that may harm economic growth. “It has taken a series of policy initiatives for political reasons, apparently careless of the damage that they might do to business and job creation,” said [...]
Pressure on Osborne to ignore ICB August 29, 2011 PRESSURE mounted on George Osborne last night not to push through with the radical banking reforms that will be recommended by Sir John Vickers next month. The Independent Commission on Banking (ICB) has already suggested the retail arms of British banks should be ringfenced from their other activities. Angela Knight, head of the British Bankers’ [...]
CITY MOVES | WHO’S SWITCHING JOBS October 4, 2011 PwC Andrew Sentance has been appointed as a senior economic adviser at PwC, following his retirement as a member of the Bank of England’s Monetary Policy Committee, effective from 7 November. Prior to serving on the MPC from October 2006 to May 2011, Sentance’s roles included director of economic affairs at the CBI, director of [...]
MEET THE JUDGES September 21, 2011 ALLISTER HEATH | CITY A.M. Allister joined City A.M. as editor in early 2008. He chaired our panel of judges. SIR MARTIN SORRELL WPP Sir Martin is the co-founder and chief executive of WPP, the world’s largest communications company. SIMON MACKENZIE-SMITH BANK OF AMERICA MERRILL LYNCH Simon is chairman of UK & Ireland corporate and [...]
THE WEEK AHEAD in association with GFT August 21, 2011 COMPANY NEWS ● Petrofac posts its interim results today. With oil prices dropping from their recent highs coupled with a market slump, oil companies have taken a bit of a knock of late, with their interim reports reflecting this downturn. Petrofac will be hoping that its results buck this trend. ● Another energy industry player, [...]
Bleak outlook for UK pensions July 31, 2011 PRIVATE sector workers are facing a bleak retirement under current UK schemes, with up to 14m private sector workers facing the prospect of receiving a pension much smaller than the generation above them, a report into the sector will say today. The Workplace Retirement Income Commission (Wric) says that the results of its call for [...]
Bleak outlook for UK pensions July 31, 2011 PRIVATE sector workers are facing a bleak retirement under current UK schemes, with up to 14m private sector workers facing the prospect of receiving a pension much smaller than the generation above them, a report into the sector will say today. The Workplace Retirement Income Commission (Wric) says that the results of its call for [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 5, 2011 FINANCIAL TIMES LIBYA’S NEW OIL CHIEF WARNS THAT OUTPUT WILL NOT RECOVER UNTIL LATE NEXT YEAR Libyan oil production will not return to pre-war levels until late next eyar at the earliest, with many of the county’s oil facilities having suffered heavy damage and looting during the conflict, according to the newly appointed charman of [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 5, 2011 FINANCIAL TIMES LIBYA’S NEW OIL CHIEF WARNS THAT OUTPUT WILL NOT RECOVER UNTIL LATE NEXT YEAR Libyan oil production will not return to pre-war levels until late next eyar at the earliest, with many of the county’s oil facilities having suffered heavy damage and looting during the conflict, according to the newly appointed charman of [...]