RISKY GAME: WAGES NEAR DANGER LEVEL June 8, 2011 Top-flight clubs have never had it so good but are splashing more than ever on salaries, says Deloitte THE SYMPTOMS have not been hard to spot. First Yaya Toure, an effective if unspectacular journeyman midfielder, charmed Manchester City into lining his pockets to the tune of £185,000 a week. Then some expert brinkmanship from Wayne [...]
Spain at risk of following Scotland if Barca and Real allowed to maintain stranglehold June 8, 2011 SPANISH football is riding the crest of a wave. The national team are world and European champions, while Barcelona dominate the club game, and Real Madrid, home to Cristiano Ronaldo and Jose Mourinho, are no slouches either. Yet beneath the surface all is not so rosy. The same individual selling of broadcast rights that has [...]
Spain at risk of following Scotland if Barca and Real allowed to maintain stranglehold June 8, 2011 SPANISH football is riding the crest of a wave. The national team are world and European champions, while Barcelona dominate the club game, and Real Madrid, home to Cristiano Ronaldo and Jose Mourinho, are no slouches either. Yet beneath the surface all is not so rosy. The same individual selling of broadcast rights that has [...]
MALMAISON TAKES NO PRISONERS AS BANKER COUPLE TURN JAIL BAIT June 16, 2011 EVEN if you have never stayed at Oxford’s Malmaison hotel, you may know the former jail from its TV appearances in Porridge, Inspector Morse and The Italian Job. The boutique hotel – which until 1996 was known as Her Majesty’s Prison Oxford – is now a home from home for the bankers of Britain, who [...]
CITY MOVES | WHO’S SWITCHING JOBS June 27, 2011 CB Richard Ellis The commercial real estate adviser has appointed Sir Michael Lyons and Sir Andrew Foster as strategic advisers to strengthen the government & infrastructure team’s expertise in public sector assets and infrastructure. Foster, a former chief executive of the Audit Commission, is currently deputy chairman of the Royal Bank of Canada. Lyons, who [...]
Get your company fit for Day Three July 31, 2011 IS 30 July in your firm’s diary? London celebrated one year to the Olympic Games last Wednesday, but Day Three, on Monday 30 July 2012, is the critical date for business, when crowds of sports fans and the demands of a full working day will intersect for the first time. New research shows the banking [...]
CITY MOVES | WHO’S SWITCHING JOBS June 23, 2011 Hydrodec The industrial oil re-refining group has appointed former Betfair director Andrew Black to the board as a non-executive director, in his first public company directorship since leaving the online gaming group he co-founded in 1998. Black, who made a reported £300m on Betfair’s float when the business entered the FTSE 250 in October 2010, [...]
Deloitte fails to convince Roland Berger to merge November 22, 2010 PLANS to merge Roland Berger Strategy Consultants with Deloitte Touche Tohmatsu have fallen through after the Munich-based firm rejected the advances. The two had been in advanced talks but directors at Berger overwhelmingly voted to remain independent. Talks between the two firms had progressed so far it is believed they had already decided upon a [...]
BILL OF THE WEEK July 24, 2011 ACCOUNTANTS have a reputation for being somewhat straight-laced, but this tale suggests it isn’t entirely deserved. When two employees turned up for their first day at one of the City’s biggest accountancy firms, their new colleagues put them through an initiation ceremony that had more in common with the ways of an American university fraternity [...]
CITY MOVES | WHO’S SWITCHING JOBS May 22, 2011 AMEC The international engineering and project management group has appointed Deloitte’s John Connolly as its new chairman, to succeed Jock Green-Armytage. Connelly will retire from his current role as chief executive of Deloitte UK and global chairman of Deloitte Touche Tohamatsu on 31 May and will join the Amex board on 1 June. Connelly is [...]