CITY MOVES | WHO’S SWITCHING JOBS August 14, 2011 LSL Martyn Alderton has been appointed as managing director for asset management in the property services firm’s Corporate Client Department (CCD). He replaces David Brown, formerly managing director of LSL CCD and commercial director of LSL Property Services, who will retain his commercial director position. Alderton was previously operations director at the company. PwC The [...]
Science still below par as passes rise August 18, 2011 BUSINESS leaders yesterday said the number of students studying A-Level maths and science is still too low, despite an upswing in the number of candidates taking A-Levels in these subjects since 2010. The number of UK students sitting A-Level maths rose 7.8 per cent since last year, according to yesterday’s provisional data released by the [...]
ENRC advised by PwC on UK tax move January 6, 2011 ENRC, the mining group partly-owned by the Kazakh government and listed on the FTSE, has been advised that by relocating to Switzerland it could save itself £20m a year in tax. According to SkyNews, the group was given the advice by its auditors PricewaterhouseCoopers several months ago but the matter has not been considered at [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 23, 2011 FINANCIAL TIMES SHIPOWNER THREATENS TO SEIZE CHINA VESSELS One of Greece’s most high-profile shipowners has threatened to seize ships belonging to China’s biggest shipping company, after it halted payments on high-priced charter contracts. George Economou said that Cosco’s stance over contracts struck during the 2008 shipping boom might reflect a failure to understand the importance [...]
Mifid to hit UK’s overseas investments October 20, 2011 WALLS are going up around the EU’s financial markets, with monitored gateways only allowing access to agreed participants, according to critics of the Markets in Financial Instruments Directive (Mifid2) proposals, which were published yesterday. Commissioner Michel Barnier told a press conference that the EU is willing to negotiate with other countries on financial rules, particularly [...]
Outraged City hits back on EU audit plan September 27, 2011 PWC BOSS Ian Powell has lead the charge against the European Commission’s (EC) proposed shake-up of the accounting industry. Writing in City A.M. today, Powell says the proposed creation of audit-only firms could “create severe disruption and undermine quality and confidence”, and calls for more input from UK firms in shaping the final reforms. Other [...]
CITY MOVES | WHO’S SWITCHING JOBS August 11, 2011 More Than The insurance group has hired Janet Connor as its new managing director. Connor most recently worked at over-50s insurance provider RIAS, where she has served as managing director since 2006. Connor has also worked at Legal & General, J Sainsbury and Abbey National, where she was a director in charge of the Abbey [...]
Jobs boom in financial sector: CBI July 3, 2011 HIRING in financial services hit its highest level since the credit crunch in the three months to June, a survey from the Confederation of British Industry (CBI) will show today. “Similar growth is predicted for the coming three months,” the CBI said in its latest financial services survey, compiled with PwC. Income from interest, investment [...]
CITY MOVES | WHO’S SWITCHING JOBS August 7, 2011 Survitec Group The manufacturer and distributor for the marine, defence and aerospace survival technology industries that was bought by private equity firm Warburg Pincus in 2010 has appointed Paul Lester CBE as chairman. Lester, the former chief executive of VT Group and group managing director of Balfour Beatty, is currently chairman of Greenergy and non-executive [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 21, 2011 FINANCIAL TIMES REVIEW LOOKS TO TACKLE THE COST OF WORKPLACE ILLNESS Action to curb the financial and social costs of long term illness and make it easier for employers to get staff back to work was recommended yesterday, in a government-commissioned review of sickness absence which also urged ministers to review the generosity of public-sector [...]