MEET THE ADVISERS October 6, 2011 LAWRENCE GUTHRIE HAWKPOINT PARTNERS HAWKPOINT Partners is advising Arbuthnot on the Secure Trust Bank flotation process, fielding a team led by Lawrence Guthrie, managing director in its financial services team. Guthrie has previously advised extended warranties specialist Domestic and General Group on its sale to Advent International for £542m, and helped the Manchester-based Davenham Group [...]
Markets choppy on Eurozone fears November 10, 2011 The FTSE 100 opened down today as Italy’s deepening debt crisis threatened to topple the Eurozone and plunge the world economy into uncharted waters. The cost of borrowing on Italian government bonds jumped to seven per cent yesterday — a level considered unsustainable by economists. Italy today launches an auction of as much as €5bn [...]
Economic fears stoke slowdown in August September 11, 2011 ONLY London and three other English regions recorded economic growth in August, according to a survey released this morning, with most areas of England either in stagnation or going backwards. Growth came to a grinding halt across the UK as a whole, collapsing to an 28-month low of 50.6 in Lloyds TSB’s latest PMI reading [...]
Markets slip as Italy debt crisis deepens November 9, 2011 Dramatic political changes at two of the Eurozone’s crisis-ridden economies initially boosted world stocks but markets went into reverse as it became clear that Italy’s debt woes were escalating. Italian Prime Minister Silvio Berlusconi said late yesterday that he would step down after parliament passes budget reforms. Greece, meanwhile, was working create a consensus government [...]
Confidence is low, says poll October 2, 2011 EXPECTATIONS of economic growth are weakening, according to 200 fund managers surveyed by Capital Spreads, City A.M. can exclusively reveal. Lloyds Bank Corporate Markets is reporting low business confidence in a separate study, also out today. Fund managers are 18 per cent more pessimistic than they were in May, according to Capital Spreads. At the [...]
CITY MOVES | WHO’S SWITCHING JOBS October 23, 2011 Little Chef The roadside chain has appointed Graham Sims as its new chairman. Sims is currently chief executive of Qunatilis, a non-executive board member at the UK Border Agency, and chairman of Kensington Consultancy Group. Earlier in his career, he spent seven years at BP, rising from operations manager for Portugal to UK retail managing [...]
CITY MOVES | WHO’S SWITCHING JOBS October 13, 2011 Maxifier The online ad campaign performance specialist has appointed Helen-Clifford Jones as head of UK and vice president of sales in EMEA. She will be responsible for leading the expansion of the UK and the move into EMEA. Jones has ten-years of experience in the digital media, publishing and advertising industries. Prior to joining Maxifier, [...]
CITY MOVES | WHO’S SWITCHING JOBS October 13, 2011 Maxifier The online ad campaign performance specialist has appointed Helen-Clifford Jones as head of UK and vice president of sales in EMEA. She will be responsible for leading the expansion of the UK and the move into EMEA. Jones has ten-years of experience in the digital media, publishing and advertising industries. Prior to joining Maxifier, [...]
FTSE weak as investors eye G20 November 3, 2011 The FTSE 100 tracked falls in Asia as leaders of the world’s biggest economies gathered in France for a G20 summit set to be dominated by the threat of Greece falling out of the Eurozone. The leaders of France and Germany, angered at Greece’s shock move to call a referendum on its latest bail-out plan [...]
FTSE weak as investors eye G20 November 3, 2011 The FTSE 100 tracked falls in Asia as leaders of the world’s biggest economies gathered in France for a G20 summit set to be dominated by the threat of Greece falling out of the Eurozone. The leaders of France and Germany, angered at Greece’s shock move to call a referendum on its latest bail-out plan [...]