Why Britain shouldn’t fear a stronger pound April 30, 2014 THE RISING pound is causing some concern. “City squeezed by stronger pound” proclaimed the headline in Monday’s City A.M. – reporting the impact of sterling’s rise on the translation of overseas profits. There have also been worries that a rising pound could stifle the recovery of manufacturing output and exports. So what are the facts? [...]
Co-operative comes out top in Stonewall survey January 15, 2014 THE CO-OPERATIVE has scooped top spot in a Stonewall study into how well private sector employers support gay, lesbian and bisexual staff. The research, which saw housing company Gentoo named overall top employer when including both the public and private sectors, also praised Accenture, EY and IBM for their engagement, support and attitude towards sexuality at [...]
City Moves for 06 March 2014 | Who’s switching jobs March 5, 2014 BNP Paribas The investment bank has appointed Stephanie Sfakianos as head of sustainable capital markets for fixed income. She was most recently its head of liability management, having joined the bank in 2002. Sfakianos previously held fixed income roles at Deutsche Bank and HSBC. Allen & Overy The law firm has hired Karan Dinamani as a partner [...]
UK bosses are most confident in the world January 21, 2014 BOSSES of British companies are the most confident in the world, with nine out of ten chief executives confident in their own company’s growth over the next 12 months. The high level of confidence extend to bosses’ views of the global economy, with six out of ten UK executives believing that the economy will improve [...]
Warnings that London property is over-priced as investors battle for assets January 16, 2014 The war is on to get hold of the best property assets in London and for many investors that means moving up the risk curve and taking on more development projects than before, according to research by PwC and the Urban Land Institute. The survey of 500 property professionals revealed that 71 per cent of [...]
We are finally starting to get a more grown-up debate on the EU April 8, 2014 AT SOME point over the next few years, the UK will have to decide once and for all what it wants Its relationship with the European Union to be. This is a crucial debate, albeit one where intelligent and well-meaning people who broadly share the same outlook on many other issues will still find it [...]
City Moves for 25 February 2014 | Who’s switching jobs February 24, 2014 Investec Asset Finance The asset finance business has announced the appointment of Alan Carter to its middle ticket team. He was most recently at Aldermore Asset Finance, where he was head of wholesale finance. Prior to that, Carter held senior positions at Fortis and Lombard. Electra Partners The private equity fund manager has appointed Nicola [...]
Why Britain will have to wait for growth-boosting tax reform March 19, 2014 THIS year may be “as good as it gets” for the growth of the British economy, according to the latest OBR forecasts released in yesterday’s Budget. GDP growth is projected to be 2.7 per cent in 2014, but is then expected to be around 2.5 per cent over the next four years. This subdued growth [...]
City Moves for 27 February 2014 | Who’s switching jobs February 26, 2014 Royal London GroupThe mutual life and pensions company has announced the appointment of Tim Harris as a finance director and member of its board. He joins from Torus, where he is currently group chief finance officer. Harris has previously held senior finance roles at Aviva and PwC. InceThe law firm has appointed Hugh O’Donovan as [...]
The week in brief June 8, 2014 UK E&M market to be worth £64bn by 2018 According to PwC’s latest Global entertainment & media (E&M) outlook report, the UK E&M market is expected to grow by 3.1 per cent from 2013 to 2018 – to a value of £64bn in 2018. In 2013, Britain had the second largest E&M market in Europe, [...]