Venturing into the unknown May 6, 2010 ASKING entrepreneurs what they wanted to be when they were younger is always interesting. Did they have dreams of becoming an astronaut? A milkman? For Patrick Reeve, the founder of Albion Ventures, a venture capital firm, his first hankering was to become an archaeologist, but that idea was shelved early on in favour of business, [...]
CITY MOVES | WHO’S SWITCHING JOBS April 19, 2010 Bluefin Corporate Consulting The consulting firm, part of Bluefin Advisory Services, which is owned by Axa UK, has appointed Sean Glasgow as its new head of investments. Glasgow previously worked in a variety of roles both in the UK and internationally. He has held senior positions at soft drinks giant Coca-Cola and in the investment [...]
CITY MOVES | WHO’S SWITCHING JOBS April 15, 2010 Deloitte The accountancy firm has appointed Mark Lillie and Jeremy Harris as partners in its energy, infrastructure and utility practice. Lillie, pictured, will head up the IT strategy team and joins from Booz and Company, where he was partner and vice president. Harris joins the programme leadership consulting practice, focusing on construction and infrastructure projects, [...]
Deloitte cleared after report into Phoenix Four over Rover collapse September 13, 2009 DELOITTE, the accountants for failed carmaker MG Rover, got the all clear from the 850-word independent report on the collapse of the company, it emerged yesterday, despite charging the business £30.7m in fees over five years. The news clears the auditor and tax advising firm after years of speculation that it could be reprimanded, having [...]
Deloitte cleared after report into Phoenix Four over Rover collapse September 13, 2009 DELOITTE, the accountants for failed carmaker MG Rover, got the all clear from the 850-word independent report on the collapse of the company, it emerged yesterday, despite charging the business £30.7m in fees over five years. The news clears the auditor and tax advising firm after years of speculation that it could be reprimanded, having [...]
Weighing up that big move overseas April 15, 2010 IN THE past two weeks BlueCrest, one of the largest hedge funds in the City, and chemicals group Ineos have both announced they are leaving the UK for tax reasons, relocating to Guernsey and Switzerland. But will the UK’s tax and regulation laws force entrepreneurs to do the same? Yes, says David Kilshaw, partner at [...]
Deloitte urges scrap extension August 11, 2009 Deloitte yesterday urged the government to extend the scrappage scheme, a day after the business department said the incentive was half-way through. “The industry has been buoyed; however there is still a real danger that it could suffer another sudden downturn when the scheme ends,” it said.
Revenue slide for Deloitte August 3, 2009 ACCOUNTANCY giant Deloitte yesterday said its revenues slid by 2 per cent in the year to the end of May, as the financial crisis weighed on its tax and corporate finance activities. Senior partner John Connolly reported profits distributable to partners of the firm of £601m, and revenues of £1,970m, in a blow to his [...]
The bike and car parts retailer who wants to own Britain on the move June 20, 2010 Halfords and its chief executive David Wild are having a good recession. Earlier this month, the bikes and car maintenance retail chain posted a strong set of full-year figures: pre-tax profits rose 42 per cent to £110m, while sales rose three per cent to £832m. The FTSE 250 business said the trend for healthy living [...]
EX-SEYMOUR PIERCE BOSS COMES OFF THE SLOPES AND BACK TO CITY May 25, 2010 IT was only going to be a matter of time before Richard Feigen popped his head back over the proverbial parapet after resigning from broker Seymour Pierce at the turn of the year. Feigen, one of the best-known corporate financiers in the City, handed in his notice in January following a month-long internal investigation at [...]