CITY MOVES | WHO’S SWITCHING JOBS November 7, 2010 Ruffer The investment management house has appointed Sir David Clementi, pictured, and Robin Hindle Fisher as non-executive directors. Clementi, a former Bank of England deputy governor and chairman of Prudential, will be Ruffer’s new deputy chairman. He is also currently chairman of King’s Cross Central. Fisher has spent over 25 years in institutional fund management [...]
CITY MOVES | WHO’S SWITCHING JOBS November 7, 2010 Ruffer The investment management house has appointed Sir David Clementi, pictured, and Robin Hindle Fisher as non-executive directors. Clementi, a former Bank of England deputy governor and chairman of Prudential, will be Ruffer’s new deputy chairman. He is also currently chairman of King’s Cross Central. Fisher has spent over 25 years in institutional fund management [...]
Big businesses hit by a carbon stealth tax October 20, 2010 GREEN energy campaigners were horrified yesterday as the government quietly introduced a shock £1bn stealth tax on firms’ carbon emissions. Amid a spending review which was generally positive for the cleantech industry, the coalition said it would scrap plans to “recycle” contributions to the Carbon Reduction Commitment (CRC) energy efficiency scheme back to the organisations [...]
PwC first to add senior City figures to the board September 26, 2010 ACCOUNTING firm PwC is set to become the first accountancy practice to add independent directors to its board after the appointment of three senior businessmen as non-executive directors. Former Rio Tinto chairman, Paul Skinner will be joined by WM Morrison chairman Sir Ian Gibson and Cable & Wireless chairman Sir Richard Lapthorne as independent directors [...]
Hitting all keys at once hides the tune October 12, 2010 ERIC Morecambe famously played all the right notes, but not necessarily in the right order. Narrative reporting – the non-financial context provided alongside financial information in a firm’s annual report – is likewise playing all the right notes, but the result is just as incoherent: it is playing all its notes at the same time. [...]
Accountants hit as FTSE 100 skimps on bills September 6, 2010 DESPITE increasing fees during 2010, top accountants in the UK have reported a three per cent decline in the amount they collected from FTSE 100 clients, new research shows. During the 2009 to 2010 financial year, FTSE 100 companies paid £891.9m in both audit and non-audit fees, marking a drop from the previous year when [...]
Accountants hit as FTSE 100 skimps on bills September 6, 2010 DESPITE increasing fees during 2010, top accountants in the UK have reported a three per cent decline in the amount they collected from FTSE 100 clients, new research shows. During the 2009 to 2010 financial year, FTSE 100 companies paid £891.9m in both audit and non-audit fees, marking a drop from the previous year when [...]
£1bn That’s how much property experts say Chelsea will have to fork out if they want to leave Stamford Bridge and move to Earls Court November 9, 2010 CHELSEA would have to pay around £1bn to buy up the land around the Earls Court exhibition centre and build a new 60,000 seater stadium, City A.M. has learnt, if they decided to press ahead with a proposal to move from Stamford Bridge. The west London club’s chief executive Ron Gourlay and company secretary Alan [...]
£1bn That’s how much property experts say Chelsea will have to fork out if they want to leave Stamford Bridge and move to Earls Court November 9, 2010 CHELSEA would have to pay around £1bn to buy up the land around the Earls Court exhibition centre and build a new 60,000 seater stadium, City A.M. has learnt, if they decided to press ahead with a proposal to move from Stamford Bridge. The west London club’s chief executive Ron Gourlay and company secretary Alan [...]
BP’s Hayward starts energy consultancy November 14, 2010 FORMER BP chief executive Tony Hayward has set up his own business, understood to be an energy consultancy, as he rejoins the business world following his departure from the oil giant. Hayward set up 3E Capital on 28 October, papers filed at Companies House show. He lists Deloitte’s office in London as the company’s registered [...]