City Moves for 03 September 2014 | Who’s switching jobs September 2, 2014 Alvarez & Marsal Senthil Alagar has been appointed managing director in the professional services firm’s restructuring and turnaround team in London. He joins from Barclays, where he headed its UK & Ireland business support restructuring team. Alagar has also held roles at Bank of Scotland, PwC and EY. M&G Real Estate Steven Hollands has been [...]
Just starting out in the City? Here’s how to be noticed October 5, 2014 Dress smartly, finish your work, build your network, and you’ll be fine. As graduate schemes open their doors for a new generation of employees, the City is now flooded with fresh-faced grads, all eager to impress. But how to stand out? A few simple steps can go a long way to getting you noticed. [...]
National insurance and income tax merger could get UK support June 30, 2014 Merging income tax and national insurance could be supported by the public, according to work announced today by PwC. The firm arranged for a jury of 22 representative members of the public to discuss taxation for two days, and the group expressed support for the idea of merging the two taxes on income. The panel [...]
Reds’ warning over earnings September 10, 2014 FOOTBALL giant Manchester United saw its revenues rise to a record level in 2014, but poor results on the pitch are likely to cut earnings by nearly £50m in 2015, the club warned yesterday. The club revealed its seventh place finish last season and subsequent lack of European football would hit its finances, as the [...]
Going viral: Teads chief Jeremy Arditi on the rise of video advertising October 12, 2014 In the world of online advertising, the video format is still a relative minnow. According to figures released last week by PwC and the Internet Advertising Bureau, it accounted for less than 6 per cent of UK digital ad spend in the first half of 2014, with 55 per cent going to paid-for search ads. [...]
Banker’s oath? Pah! How about threaten them with ye old bag of adders? July 29, 2014 The launch of ResPublica’s Virtuous Banking Report, from which the now famous suggestion of a banker’s oath sprung, caused quite a commotion yesterday. When Lord Phillips asked former CBI director general Sir Richard Lambert why more bankers were not in jail for their misdeeds, Lambert responded with a pertinent history lesson. “You should read the [...]
City Moves for 28 August 2014 | Who’s switching jobs August 27, 2014 Etoro The social investment network has appointed Paul Chrimes as UK managing director. He was previously chief operating officer at Swissquote. Chrimes has also held senior positions at E*TRADE, notably as chief executive of the UK company and senior vice-president of its international business. Polar Capital Holdings The specialist investment manager has announced that Guy [...]
City Moves for 15 July 2014 | Who’s switching jobs July 14, 2014 Quindell David Currie has been appointed non-executive director at the software, consultancy and technology-enabled outsourcing provider. He recently established Codex Capital Partners, and is a former head of Investec Bank’s investment banking division. PwC Mark Pugh has been appointed asset management leader in the UK at the professional services firm. He has been an assurance [...]
Tesco bosses and ex-chief Philip Clarke could now face a grilling from MPs on the Business Select Committee September 25, 2014 Already facing scrutiny from the public, investors and financial regulators, Tesco may now have to explain itself to parliament. Business Select Committee chair Adrian Bailey called Tesco’s accounting error “stratospheric” and said bosses at the supermarket could face a grilling from MPs. Tesco chief Dave Lewis, chairman Sir Richard Broadbent, ex-chief Philip Clarke and auditor [...]
Fenwick boosts board with Alastair Kerr and Christine Cross October 19, 2014 Fenwick, the family-owned department store chain, has bolstered its board by hiring two retail heavyweights, Alastair Kerr and Christine Cross, as non-executive directors. Cross spent the biggest part of her career at Tesco, where she held a string of senior non-food retailing roles between 1989 and 2003 under Lord MacLaurin and Sir Terry Leahy. She [...]