Inside Track: Banks in clover as new issues continue to defy critics June 19, 2014 Far from being on its uppers as some of the moodier fund managers have predicted, London’s new issues market continues to show resilience as we come up to the half-way point in the year. Mid-June is when the City’s big investment bank houses conduct their mid-year reviews and on the whole they make for positive [...]
Dust clouds, star trails and meteor races: Astronomy Photographer of the Year award shortlist July 2, 2014 The Royal Observatory has revealed its shortlist of candidates for the 2014 Astronomy Photographer of the Year award. The selected photographs are not limited to celestial sights on our planet: they also include images from across our Solar System, galaxy and even further afield. From a rare daytime scene of Jupiter moments before its astronomical [...]
The Aussie boss eyeing an M&A avalanche July 14, 2014 Progility boss Wayne Bos tells Michael Bow how he plans to take on the UK M&A market In the late 1990s Wayne Bos, the Australian executive chairman of training provider Progility, had just helped complete the management buyout of a division from London blue chip ICI when the telephone rang. It was a corporate adviser [...]
Jamie Oliver’s Italian takes to the high seas in cruise ship deal March 28, 2014 CELEBRITY chef Jamie Oliver has struck a deal with cruise firm Royal Caribbean International to expand his Italian restaurant chain. Italian will make its sea faring debut on cruise ship Anthem of the Seas, a ship based out of Southampton from April 2015, and its sister ship Quantum of the Seas. It is the first [...]
Stop bashing offshore finance: It’s vital for a liquid financial system June 23, 2014 FOR MOST people, Jersey has traditionally conjured up images of picturesque villages and coastlines, its famous cows and Jersey Royal potatoes. More recently, however, the island has found itself cast as a villain, seeking to aid multinationals and wealthy individuals to avoid paying their “fair share” of the UK’s tax burden. Yet as a recent study [...]
Row as retail investors denied chance to buy shares in Just-Eat March 17, 2014 BANKERS to Just-Eat, the London-based online food takeaway business, yesterday announced plans to float on the stock market in a deal that will exclude retail investors. The company has chosen to list in London in a confidence boost for the London Stock Exchange but its decision to exclude private investors was met with dismay by [...]
Average London house price to top £700,000 by 2020 April 14, 2014 LONDON house prices are set to rise 54 per cent over the next six years, leaving the rest of the UK’s property market even further behind, new research claims. A typical home in the capital will be worth more than £700,000 in 2020, according to the Centre for Economics and Business Research (CEBR). This rapid [...]
City Moves for 24 October 2013 | Who’s switching jobs October 23, 2013 Investec Private Bank The private bank has announced the appointment of Eden Riche as head of high net worth lending. He has previously held senior roles at RBS and Lehman Brothers Europe. Lloyds Bank Commercial Banking Ender Tanar has joined the bank as head of central Europe. He has over 28 years’ experience in the finance [...]
Tennis world mourns as former British No1 Baltacha dies, aged 30, from liver cancer May 5, 2014 “A GAPING hole has been left in tennis”, the Lawn Tennis Association said yesterday, after former British No1 Elena Baltacha died, aged 30. Baltacha battled the liver condition primary sclerosing cholangitis– an inflammation and scarring of the bile ducts – since the age of 19 and was diagnosed with liver cancer in January, two months [...]
Moya Greene’s pay deal faces a political revolt March 24, 2014 MOYA Greene’s pay rise could be limited to three per cent this year, if business secretary Vince Cable gets his way, it emerged yesterday. The minister reportedly wants to cap the Royal Mail chief’s raise at the same level as that of the workers in the company. The government sold the majority of its stake [...]