City Moves: Who’s switching jobs in the Square Mile this week? November 17, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. MCF Corporate Finance Corporate finance advisory firm MCF Corporate Finance has hired a mergers and acquisitions (M&A) veteran as a new partner. Joining the firm’s technology practice in London, Atul Monga brings 13 years’ worth of experience from across Big Four firm Deloitte [...]
Want a contract? Flash your green credentials on your way in, please November 17, 2021 Mining magnate Brian Gilbertson once recalled a results day at the turn of the Millennium. Ready to take City analysts through impressive figures on iron ore production he was somewhat surprised when asked: “What’s your internet strategy?” The South African spent the rest of the morning hurriedly writing down a dot com plan on an [...]
Four Silicon Valley CAs on why its status as the world’s tech capital will remain unchallenged November 16, 2021 The pandemic saw many tech companies thrive as the world went more virtual. Despite talk of a drift away from Silicon Valley, local CAs tell Ryan Herman why its status as the world’s tech capital will remain unchallenged. This article first appeared in ICAS’s CA magazine. For Ninos Sarkis CA, there was only one place [...]
Burger chain Five Guys eyes accelerated expansion after seeing opportunity in pandemic November 15, 2021 “We’re just really early days still,” explains Five Guys’ UK CEO John Eckbert. The US-founded burger chain expects to ramp up its UK expansion plans after the pandemic has opened up real estate opportunities – but dark kitchens would only ever be “temporary.” Alongside Carphone Warehouse founder Sir Charles Dunstone, Eckbert was responsible for launching [...]
Hot property: Covid ‘race for space’ has homemover numbers at a record high November 15, 2021 Whether it was shifting to the countryside, out to the suburbs or back into the post-lockdown bustle of a city centre, removals vans have been criss-crossing the country to keep up with a boom in the number of homemovers. Data out this morning from Halifax confirms the number of homemovers hit a record high in [...]
Exclusive: En+ chairman and former minister Lord Barker warns ‘don’t expect a big bang’ from COP26 November 14, 2021 Many eyes were on Lord Gregory Barker of Battle earlier this week, as ‘his’ global energy giant En+ was at the heart of COP26’s complex ecosystem of executives, government reps, lobbyists, NGOs and activists in Glasgow. Lord Barker was appointed independent chairman of the En+ Group board of directors in October 2017, just before the company’s [...]
Vincent Keaveny sworn in as City of London’s 639rd Lord Mayor November 13, 2021 Vincent Keaveny has been sworn in as the 693rd Lord Mayor of the City of London, serving as the elected head of the City of London Corporation and a global ambassador for the UK-based financial and professional services industry until November 2022. Keaveny, 56, and his wife Amanda have taken up residence in the Mansion [...]
Today in London: Latest attempt to find breakthrough in Brexit talks on Northern Ireland Protocol November 12, 2021 The latest round of talks with the EU to rehash the UK’s post-Brexit trade arrangements for Northern Ireland are due to begin in London. The Government’s chief negotiator to the EU, Lord Frost, is to meet European Commission vice-president Maros Sefcovic on Friday, in the latest round of talks about the Northern Ireland Protocol. In [...]
UK to try and close trade deals with individual US states after White House talks stall November 11, 2021 The UK will now prioritise closing trade deals with individual US states like California and New York, after negotiations with the White House stalled earlier this year. Trade minister Penny Mordaunt said today that while “we want a comprehensive Free Trade Agreement between the UK and the US” that “much of my time will be [...]
Nine Elms: Luxury residential tower in Thames City struggles to find buyers November 11, 2021 A residential tower at the centre of the Thames City development in Nine Elms has reportedly struggled to find buyers for its luxury apartments. The skyscraper has sold less than one in 15 homes in its first year of marketing, The Telegraph first reported. The developers have since pointed out to City A.M. that only [...]