CITY MOVES | WHO’S SWITCHING JOBS January 9, 2012 Just-Eat The world’s largest online takeaway business has appointed John Hughes as chairman to replace Klaus Nyengaard, who continues as group chief executive. Hughes previously held senior positions at Thales Group, Lucent Technologies and Hewlett Packard. He is also chairman of Telecity Group and a non-executive Director of CSG Systems International. In addition, he is [...]
DRAFT AUDIT REFORMS: KEY POINTS November 30, 2011 ● Mandatory rotation Companies will have to change audit firm after a maximum of six years, or nine years if they employ more than one auditor. Audit firms will not be allowed to tender for the same client’s business until after a four-year “cooling-off” period when the contract ends. ● Mandatory tendering The biggest companies [...]
DARK HORSE HSBC TAKES RETAIL SITE IN LATE BID January 26, 2012 HSBC is committed to the City of London – for its latest retail opening, at least. The Capitalist hears the bank has gazumped a well-known restaurateur to emerge as the new tenant at 1 Bishopsgate, after offering a far higher, undisclosed, sum to turn the disused property into a “premier suite” retail bank in time [...]
DARK HORSE HSBC TAKES RETAIL SITE IN LATE BID January 26, 2012 HSBC is committed to the City of London – for its latest retail opening, at least. The Capitalist hears the bank has gazumped a well-known restaurateur to emerge as the new tenant at 1 Bishopsgate, after offering a far higher, undisclosed, sum to turn the disused property into a “premier suite” retail bank in time [...]
CITY MOVES | WHO’S SWITCHING JOBS November 15, 2011 Deloitte Analytics Deloitte Analytics has strengthened its partner team in the UK with the appointment of consumer business specialist Jason Gordon, who will lead the division’s consumer business services team. In his new role, Gordon will advise retail, consumer products and travel, hospitality and leisure organisations on ways to gain improved insight and commercial value [...]
Banks hungry for US dollars flood the ECB December 7, 2011 BANKS flooded the European Central Bank (ECB) with demand for dollars yesterday, taking out $50.7bn in three-month loans – five times what many analysts expected. The demand from 34 dollar-hungry banks came after six central banks agreed to slash the price they charge to lend out the greenback in response to a dollar credit crunch. [...]
Banks hungry for US dollars flood the ECB December 7, 2011 BANKS flooded the European Central Bank (ECB) with demand for dollars yesterday, taking out $50.7bn in three-month loans – five times what many analysts expected. The demand from 34 dollar-hungry banks came after six central banks agreed to slash the price they charge to lend out the greenback in response to a dollar credit crunch. [...]
Football clubs on side in support of the economy October 24, 2011 UNTOLD ink is expended on the trials and tribulations of England’s football clubs. Public houses would be thrown into silence without our national pastime and fervent worshippers spend money hand over fist to prove their allegiance to their club. Yet this national obsession is all too rarely thought about as the economic powerhouse it is. [...]
Football clubs on side in support of the economy October 24, 2011 UNTOLD ink is expended on the trials and tribulations of England’s football clubs. Public houses would be thrown into silence without our national pastime and fervent worshippers spend money hand over fist to prove their allegiance to their club. Yet this national obsession is all too rarely thought about as the economic powerhouse it is. [...]
Why dot London is a capital plan for a digital age January 3, 2012 ICANN, the governing body for internet web addresses, last year gave the green light to the most significant shake-up to the domain name structure in 25 years. The decision to widen the current system of internet domain names means that from 12 January until 12 April this year, organisations can apply for the domain name [...]