City Moves for 29 April 2015 | Who’s switching jobs April 28, 2015 Goodwin Procter The law firm has appointed Catriona Berman as partner in its real estate capital markets practice in London. She will join from Macfarlanes following completion of her notice period, and advises on a wide range of real estate transactions. Metro Bank John Nelson has been appointed head of invoice finance for the bank’s [...]
Wax models and 3i help FTSE beat commodity pain – London Report May 14, 2015 THE FTSE 100 index ended higher yesterday with encouraging updates from companies such as 3i Group supporting the broader stock market. Private-equity group 3i rose three per cent, the biggest gain in the FTSE 100, after it reached the end of a three-year restructuring with strong earnings growth at its portfolio companies. “The group remains cautious [...]
Lounge lizard: Party like it’s 1979 with these classic disco-era watches April 2, 2015 In the late 70s and early 80s, had you found yourself living it up in St Tropez, partying with the in-crowd at New York’s Studio 54, or following the jet-set around the hotspots of London, Paris and Milan, the watch you’d have repeatedly found on the wrists of the rich and glamorous would have been [...]
More than 2,000 people evacuated after electrical fire breaks out in Kingsway, Holborn April 1, 2015 More than 2,000 people have been evacuated from offices near Holborn after a cable fire erupted under the pavement on Kingsway. Around 70 firefighters have attended the electrical fire which forced the cancellation of a number of West End shows. Police have declared it "a major incident". Kingsway has been closed at both ends and [...]
Crowdcube’s Luke Lang on what sort of people invest on crowdfunding platforms May 20, 2015 1. Smart money invests over lunch The most popular time to invest is at lunchtime and straight after work, between 5-6pm The online investment model is perfect for professional people who can find, review and invest in a variety of businesses, at a pace that suits their busy lifestyle. The majority of our investors [...]
Holborn fire: Incredible pictures of parts of London in darkness last night April 2, 2015 As if photos of smoke streaming from underneath manhole covers weren't dramatic enough, as a result of last night's blaze in Holborn, power in an entire section of central London was knocked out – plunging major thoroughfares including Kingsway, Holborn, Aldwych and the Strand into an eerie darkness. The fire is still raging today. Here's [...]
City Moves for 24 September 2014 | Who’s switching jobs September 23, 2014 Thomson Snell & Passmore The law firm has appointed Keith McAlister as a partner in its corporate and commercial department. He joins from Kingsley Napley, where he was head of corporate and commercial. McAlister has also held roles at Brachers. Advent International The private equity firm has appointed Werner Geissler as an operating partner, effective 1 [...]
London Hong Kong Dragon Boat Festival causes a splash in the Royal Albert Dock June 30, 2014 The London Hong Kong Dragon Boat Festival got underway yesterday with teams from PwC, EY, ABP Investment (pictured, far left), Lycamobile (pictured, middle) and Bank of East Asia (pictured, right) all competing in the dragon-headed crafts in the Royal Albert Dock. They battled through the afternoon’s heavy showers, with ABF The Soldiers’ Charity taking the [...]
General Election 2015: Rent controls pledged by Labour to woo “generation rent” April 26, 2015 Ed Miliband is seeking to woo a generation of voters priced out of the property market with a promise to stop landlords making significant increases to rents. The Labour leader has pledged to cap rent rises at no more than the rate of inflation over the term of a three-year tenancy if elected at the [...]
UK house prices accelerate as drop in London moderates March 11, 2015 The fall in London house prices is moderating, an influential study of property surveyors showed today. The proportion of surveyors reporting falling prices in the capital outweighed those reporting a rise by a margin of 28 per cent in February, the Royal Institute of Chartered Surveyors (RICS) said. By contrast, the net balance seeing prices fall [...]