Will the weather affect your holiday plans? December 22, 2010 MARTIN ZETTER | LLOYDS “No, I don’t think it will. I’ll be fine this Christmas. I’m staying at home so the weather doesn’t affect my plans.” ALAN DIXON | INTER HANNOVER “I’ll be absolutely fine, I am at home this Christmas. It’s getting to work that is hard!” JACK MANDUIT | DELOITTE “Hopefully the weather [...]
Why the young are feeling worse off March 3, 2011 FORGET about class war; we are entering a new era of generational wars. There is a growing sense among younger people that they won’t enjoy as prosperous a life as their parents. It is easy to understand such concerns: powerful economic, technological, demographic and political forces are forcing the generations apart. For a start, the [...]
CITY MOVES | WHO’S SWITCHING JOBS January 27, 2011 Shire Global speciality biopharmaceutical company Shire has hired Emmanuel Chantelot, former executive director of the European Biopharmaceutical Enterprises (EBE), as director of European government relations and public policy. Chantelot brings 18 years of experience in policy advocacy, strategic communications and business interest representation towards the EU Institutions, global agencies and national governments. JP Morgan John [...]
IT’S A NEW CHANNEL, BUT NOT AS WE KNOW IT February 17, 2011 WITH viewers of Virgin Media unable to watch Sky’s new flagship channel Sky Atlantic because of a failure of the two groups to agree on price, chief executive Neil Berkett and his team were keen to downplay its attractions yesterday. Berkett described the channel as “completely unproven” while a colleague somewhat contemptuously chipped in to [...]
IT’S HAPPY FAMILIES AS LIZ GOES IN-HOUSE February 21, 2011 BEFORE heading out to lunch yesterday, Elisabeth Murdoch, or “Liz”, fired off a quick, “confidential” email to her several hundred employees at Shine Group, the media group snapped up by News Corp. Luckily, it was quickly forwarded on to The Capitalist. “I did want to take a minute to thank you all for your patience while [...]
House of Lords slams Big Four auditors for role in banking crisis November 23, 2010 THE HOUSE of Lords yesterday accused the Big Four auditors of misleading investors by giving the banks a clean bill of health before the financial crisis. The Lords’ economic affairs committee grilled bosses of Ernst &Young, Deloitte, PwC and KPMG as part of a probe into a possible lack of competition in the financial services [...]
JPMorgan buys Allen & Overy office from Hammerson venture December 15, 2010 JPMORGAN Asset Management has agreed to buy law firm Allen & Overy’s office on the Bishops Square site in a deal worth nearly £557m, joint sellers Hammerson and the Oman Investment Fund said yesterday. The 71,900 square foot office, which was developed and completed by Hammerson in 2005, was valued at £510m in June with [...]
Deloitte rewards staff in the UK following expansion of business June 1, 2010 GLOBAL accountancy giant Deloitte has promoted 32 staff to its partnership in the UK, across audit, tax, consulting and corporate finance. The move comes in addition to the creation of 30 new partners since the start of the year following developments to the business, including the acquisition of commercial property agent Drivers Jonas. Deloitte chairman [...]
It’s official: Non doms are quitting UK January 12, 2011 THE number of people registered as non-doms in the UK dropped for the first time in five years in the 2008-2009 tax year, as the rich fled higher taxes and the credit crunch, figures show. The data, obtained by a freedom of information request, show that there were 139,000 people registered in the UK as non-doms in [...]
SHOPPING ON WEB HITS £3K A SECOND November 28, 2010 ONLINE sales of £3,000 per second will be made on Visa cards today, totalling £265m, according to the company. Visa has coined today Mega Monday, as internet shoppers click through their Christmas shopping lists. Many will have received their November pay packages and be looking for cheap deals online. Sales are expected to peak at [...]