Retailers facing ill wind as weather threatens to scupper Christmas sales December 16, 2010 THE headache for retailers caused by the cold snap may get worse as a forecast return to freezing conditions threatens to keep shoppers away in the crucial run-up to Christmas. Weather experts predict a return of icy conditions this week following a brief thaw, which could force consumers to postpone festive purchases and retailers could [...]
CITY MOVES | WHO’S SWITCHING JOBS January 13, 2011 City of London Law Society The membership organisation has appointed a new chief executive: David Hobart. He is currently CEO of the Bar Council, in charge of representing barrister members, and has been heavily involved in changes to the law industry since 2007. Before joining the Bar Council, he had a long career in the RAF, [...]
CITY MOVES | WHO’S SWITCHING JOBS January 13, 2011 City of London Law Society The membership organisation has appointed a new chief executive: David Hobart. He is currently CEO of the Bar Council, in charge of representing barrister members, and has been heavily involved in changes to the law industry since 2007. Before joining the Bar Council, he had a long career in the RAF, [...]
CITY MOVES | WHO’S SWITCHING JOBS January 6, 2011 Syndicate Asset Management The fund management group has promoted Jeremy Rance to the role of chief operating officer for the group. He will now be in charge of organising operational performance across all of the group’s subsidiaries. He joined the company in June last year at its subsidiary Ashcourt Rowan, having previously worked at Barclays, [...]
UK listed companies are failing on green policies November 7, 2010 UK-LISTED companies are failing to follow guidelines on how they monitor their carbon footprint, according to Deloitte. The business advisory firm’s survey of 100 companies revealed that none were adequately addressing the environmental impact of their operations. Only 37 per cent provide statistics on how much pollution they were creating, while only one in five [...]
Newly-listed firms beat the FTSE index November 14, 2010 COMPANIES that entered the London stock market this year have outperformed the FTSE 100 by more than 16 percentage points, research out yesterday showed. Newly-listed firms have gained an average of 19.5 per cent on their share price in the year to date, compared to a 3.4 per cent rise in the FTSE 100 and [...]
Newly-listed firms beat the FTSE index November 14, 2010 COMPANIES that entered the London stock market this year have outperformed the FTSE 100 by more than 16 percentage points, research out yesterday showed. Newly-listed firms have gained an average of 19.5 per cent on their share price in the year to date, compared to a 3.4 per cent rise in the FTSE 100 and [...]
CITY MOVES | WHO’S SWITCHING JOBS November 16, 2010 Barclays Corporate Barclays Corporate has appointed a new head of financial institutions. Matt Tuck will return to the bank where he started his career, having worked for the last eight years for Deutsche Bank. In his new role, he will be responsible for enacting a new stage in the expansion of the bank’s financial institutions [...]
London hotels see rises after summer brings tourists flocking into the capital October 18, 2010 AVERAGE room rates in London hotels have increased for the first time in two years, as the summer weather boosted trade. Revenues per available room (revpar) jumped by 19.8 per cent to £117 in the quarter to 30 September – fuelled by a 15.6 per cent increase in average room rates, according to survey by [...]
Deloitte surprised by lack of administrations in 2010 April 19, 2010 AGGRESSIVE cost cutting and improved cash management by firms last year has seen the number of businesses falling into administration in 2010 drop. Research by the business advisory firm showed that 555 administrations were recorded in quarter one 2010, a significant improvement on the 1,028 companies in the same period last year. Deloitte said it [...]