End the stigma that surrounds stress in the City November 7, 2011 LLOYDS Banking Group has announced that Antonio Horta-Osorio is expected to return before the end of the year, but City sources have been saying there is no way that he will be able to come back as chief executive after taking time off for physical and mental exhaustion. The persistent stigma is that after any [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 27, 2011 FINANCIAL TIMES PLEA TO BRUSSELS OVER AUDIT SHAKE-UP The heads of several midsized audit networks have issued a last-ditch appeal to the European Commssion not to dilute sweeping proposals aimed at reducing the dominance of the four biggest accountants and improving audit quality. In a joint interview with the Financial Times, the chief executives called [...]
THE SECRETS OF BUSINESS AS UNUSUAL July 31, 2011 MAKING better use of flexible and home working is a key area of focus for Deloitte in the run up to 2012. Quite simply, our people cannot do their jobs if they are struggling to move around the city. It won’t help the Games organisers or London’s transport authorities either, if unnecessary journeys clog up [...]
THE SECRETS OF BUSINESS AS UNUSUAL July 31, 2011 MAKING better use of flexible and home working is a key area of focus for Deloitte in the run up to 2012. Quite simply, our people cannot do their jobs if they are struggling to move around the city. It won’t help the Games organisers or London’s transport authorities either, if unnecessary journeys clog up [...]
CITY MOVES | WHO’S SWITCHING JOBS October 20, 2011 Sovereign Capital The UK private equity buy and build specialist has appointed Rob King as investment manager to execute its buy and build growth strategy. Prior to joining Sovereign, King spent four years in the investment banking division of Rothschild, working on private equity-backed and plc mid-market deals across sectors including business services and healthcare. [...]
Banks shun UK to lower their tax September 1, 2011 European banks are looking for ways to move as much of their trade as possible through low-tax jurisdictions to cut their tax bill, it emerged yesterday. The institutions are finding ways to restructure their entities to avoid paying onerous tax rates in jurisdictions such as the UK, tax specialists at Deloitte and PwC told Bloomberg. [...]
Barnier leak may hang the Big Four out to dry October 10, 2011 RECENTLY a leaked document from the European Commission’s (EC) Michel Barnier made front pages, including that of City A.M.. The details of what could come to be concrete proposals threaten the Big Four accountancy firms – PwC, KPMG, Deloitte and Ernst & Young. The stakes are high: one of London’s, and the UK’s, most successful [...]
Rise in couch surfing sales August 21, 2011 THE RELATIONSHIP between watching television and online shopping is moving closer as tablet devices become the new “digital till”, a Deloitte report has revealed. The study of 4,000 UK consumers showed that online shopping is one of the most popular activities among those who use the internet while watching TV, with 45 per cent of [...]
CITY MOVES | WHO’S SWITCHING JOBS October 19, 2011 Rockspring Rockspring Property Investment Managers has appointed Hugh Bigham (pictured) as head of capital raising and client services for North America. Bigham joins from the Sydney office of Principle Advisory Services, where he supported real estate and private equity managers. In addition, Julianne Cho joins from Cornerstone Real Estate Advisers as client services representative in [...]
HOME FROM HOME FOR HYDE PARK OLIGARCHS November 9, 2011 LUCA del Bono has been busy ever since he exited Quintessentially, the concierge service he started with Ben Elliot, to start his property fund Del Bono & Partners. The leisure-focused fund has bought £150m-worth of property over the last two years, recently acquiring the C London restaurant in Mayfair and 50 St James’s, where del [...]