Inflation stays at record low of zero in March April 14, 2015 UK PRICES stayed flat in September, weighed down by cheap fuel and a lack of rebound in clothes prices after the January sales. Inflation – as measured by the annual change in the consumer price index (CPI) – was zero per cent in March, according to figures released yesterday by the Office for National Statistics [...]
Household debt to hit £10,000: Borrowers more exposed to hike in interest rates March 23, 2015 British borrowers are more vulnerable to an interest rate rise than ever before after new figures showed unsecured household borrowings hit an all-time high last year. Unsecured debt rose nine per cent in 2014 to a record £239bn in cash terms, or £9,000 per household, driven by an increase in student loans and credit card [...]
City Moves for 28 April 2015 | Who’s switching jobs April 27, 2015 Saffery Champness Liz Hazell has been appointed head of the accountancy firm’s not-for-profit group. She has more than 20 years’ experience working in the sector and, before joining Saffery Champness last year, Hazell was head of charities at PwC. Freshfields Bruckhaus Deringer The law firm has announced that Jennifer Bethlehem and Piers Prichard Jones have [...]
Why transparency over pay is vital if we’re to reach gender equality March 11, 2015 Good news can sometimes feel like a rarity, but recent PwC data shows that the UK has improved its position in an international league table of female participation in the workplace, moving up four places to fourteenth in a ranking of the 27 OECD economies. It’s a welcome improvement, but there is still some way [...]
Top companies now firing fewer chief executives as share of female bosses edges up April 13, 2015 The biggest firms in the world are opting to plan for their bosses’ successions rather than firing them in a panic, a new report has claimed. According to research from PwC consultancy Strategy&, when firms perform poorly and fire the chief executive, the uncertainty unleashed by the change at the top can lead to a [...]
City Moves for 20 April 2015 | Who’s switching jobs April 19, 2015 Colliers International Mark Phillips has been appointed director within the commercial real estate firm’s hotel and resorts consulting team. He has 25 years’ experience in the sector, and was previously a director at HLT Consulting. Phillips has also held roles at Horwath UK and Horwath & Horwath. JP Morgan Asset Management Gilles Drukier has been [...]
July Budget 2015: Are you an entrepreneur, an apprentice or a single parent? What does George Osborne’s statement mean for you? July 8, 2015 THE SINGLE PARENT Catherine Gannon, 51Managing partner at law firm Gannons Gannons Commercial Law continues to do well, with profits and earnings up on last year. Catherine is commercially savvy and has restructured the business from an LLP to a limited company, illustrating that she is a smart operator in a segmented legal [...]
Vaping bars, e-commerce hubs and charity shops on the rise in the Great British high street as pawnbrokers, video libraries and clothing shops decline March 16, 2015 Our online shopping habits – and the rise of e-smoking – are changing the face of the Great British high street. In the last year, huge numbers of mobile phone shops, pawnbroker and cheque cashing businesses, clothes stores, travel agents and recruitment agencies have closed down up and down the country. In their place vaping [...]
City Moves for 21 April 2015 | Who’s switching jobs April 20, 2015 Cushman & Wakefield The real estate adviser has appointed Rebekah Tobias as partner within its London-based cross border capital markets team. She joins from D2 Private, a boutique investment firm. Tobias has also held roles at CBRE in both London and New York. Eaton Vance Management International David Miles has been appointed vice president, business [...]
City Moves for 16 April 2015 | Who’s switching jobs April 15, 2015 Ashurst The law firm has appointed Sarah Morton-Ramwell as global pro bono partner. She joins from Reed Smith, where she was responsible for its pro bono and corporate responsibility projects in Europe, the Middle East and Africa. Old Mutual Global Investors The asset management firm has appointed David Cameron-Mowat as UK equity analyst. He joins [...]