Canis to sell off Setanta slots July 22, 2009 PAY-TV channel consultancy Canis Media has been appointed to sell the nine slots left available on the Sky digital platform after the collapse of Setanta’s British operations. Deloitte, which is handling the administration, asked Canis to handle this latest stage of winding down Setanta’s business, which could raise up to £1m. Canis will also handle [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 27, 2009 THE SUNDAYSThe Sunday TelegraphFSA TOLD TO CLEAN UP OIL MARKETSThe Financial Services Authority has been told to examine its statutes to ensure it can prosecute oil speculators practising market abuse. The financial watchdog must also consider bringing in stronger measures to detect speculators using techniques such as phone-tapping, as well as ensuring they have enough [...]
TAKING AFTERNOON TEA WITH THE GRAND DAMES OF THE BUSINESS WORLD September 21, 2009 THE City’s most illustrious ladies flocked to the House of Commons yesterday for afternoon tea at the launch of “Women for Boards”, the new initiative from super-recruiter Anna Mann to get more women onto the boards of Britain’s biggest firms. The idea was hatched in the middle of last year, when Mann, a founder of [...]
Airport hotels feel the squeeze July 14, 2009 The UK hotel sector is continuing to suffer from a drop in revenue per available room (revPAR), but the capital is holding up better than regional Britain, according to a report out yesterday by Deloitte. Overall revPAR decline across the UK has accelerated by one percentage point to 13.7 per cent since April to June. [...]
PARTY STALWART TEBBIT HAPPY TO STICK HIS NECK OUT FOR THE CITY October 8, 2009 TO ONE of the City’s favourite haunts, Boisdale of Bishopsgate, last night for a special members’ game dinner hosted by Lord Tebbit, staunch Thatcherite and eternal bearer of the beacon of those on the right of politics. Tebbit, as is his wont, was happy to wax lyrical about the issues facing the Tories in the [...]
PARTY STALWART TEBBIT HAPPY TO STICK HIS NECK OUT FOR THE CITY October 8, 2009 TO ONE of the City’s favourite haunts, Boisdale of Bishopsgate, last night for a special members’ game dinner hosted by Lord Tebbit, staunch Thatcherite and eternal bearer of the beacon of those on the right of politics. Tebbit, as is his wont, was happy to wax lyrical about the issues facing the Tories in the [...]
Vasanta secures a crucial cash injection from Endless July 21, 2009 OFFICE supply giant Vasanta has announced it has secured lifeline funding from turnaround group Endless Investments, in return for handing a 79 per cent stake to the private equity house. The group has avoided collapse through a £30m cash injection from an Endless-led syndicate. The deal will also see 29 per cent of the firm’s [...]
CITY MOVES WHO’S SWITCHING JOBS August 11, 2009 Piper JaffrayThe boutique investment bank has hired Richard Kirkham, formerly a partner at Oriel Securities, as a principal of European equity sales. Kirkham was previously a director of UK small and mid-cap sales at Teather and Greenwood. He will be responsible for developing business relationships with assigned institutional accounts. BarclaycardBarclaycard has appointed David Daniel as [...]
Why holding its nerve has paid off for Britain’s top accountancy firm September 6, 2009 LOOKING out of the window of his Embankment office, Ian Powell points at the sky above the London Eye. “It’s a bit cloudy,” he says. “But there’s sun on the horizon.” The same could be said of the outlook for PricewaterhouseCoopers, the largest of the “big four” professional services firms, which Powell has chaired since [...]
Why holding its nerve has paid off for Britain’s top accountancy firm September 6, 2009 LOOKING out of the window of his Embankment office, Ian Powell points at the sky above the London Eye. “It’s a bit cloudy,” he says. “But there’s sun on the horizon.” The same could be said of the outlook for PricewaterhouseCoopers, the largest of the “big four” professional services firms, which Powell has chaired since [...]