Leadenhall site bought out of administration May 15, 2011 HENDERSON has snapped up a development plot near Leadenhall Market for more than £175m after the site was placed into administration. The Leadenhall Triangle site, which includes five buildings on Leadenhall Street and Fenchurch Street, was sold by Cook & Powell, the asset manager that was hired by administrator PricewaterhouseCoopers in January to find a [...]
TEMPERS FLARE AT PWC CAROL SERVICE December 22, 2010 YOU might think that playing the organ at the office Christmas carol service is a pretty uncontroversial activity. Not so for a professional organist (as they’re called) engaged for PricewaterhouseCooper’s annual festive singsong. The stage was set, the decorations tweaked and the set list compiled when all went awry. Details are hard to come by, [...]
Insurers rate regulation as biggest risk May 30, 2011 WORRIES over the burden of new regulation on insurance companies have soared in the past year, pushing it to the top of a list of insurance industry risks published today. Insurers believe regulation is now a bigger threat than meeting tough new capital requirements or the risk of stagflation in the world economy, the Centre [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 25, 2011 FINANCIAL TIMES HACKING FEARS SPARK TRINITY REVIEW Trinity Mirror, the publisher of the Daily Mirror, has launched a review of its editorial controls and procedures amid investor anxiety that phone-hacking claims could spread beyond the defunct News of the World. Trinity saw its shares fall 9.8 per cent yesterday over concern among investors that the [...]
More jobs go at Rok, says PwC November 16, 2010 THE ADMINISTRATORS for housing repair firm Rok made a further 1,800 people redundant yesterday, after it failed to find an interested buyer for large parts of the business. A total of 2,600 staff, around three quarters of Rok’s total staff, have now lost their jobs, with administrator PwC still in last-ditch talks with rivals to [...]
BARRED: MOBILE BOSS TALKS HIS WAY INTO HIS OWN GLASTO PARTY June 30, 2011 IF YOUR name’s not down, you’re coming in – not even if your name is Tom Alexander, chief executive of Everything Everywhere, and you are trying to get in to your own party at Glastonbury. As the other partygoers got stuck in to the free drinks inside the VIP farmhouse rented by the mobile phone [...]
BARRED: MOBILE BOSS TALKS HIS WAY INTO HIS OWN GLASTO PARTY June 30, 2011 IF YOUR name’s not down, you’re coming in – not even if your name is Tom Alexander, chief executive of Everything Everywhere, and you are trying to get in to your own party at Glastonbury. As the other partygoers got stuck in to the free drinks inside the VIP farmhouse rented by the mobile phone [...]
Ladbrokes bids for rival June 23, 2011 BOOKMAKER Ladbrokes yesterday confirmed it has made an approach for Sportingbet, sending shares in its smaller rival up 13 per cent. Ladbrokes has been looking for a way to expand its presence in the online gaming market for some time, with talks with 888.com falling through earlier this year. The betting giant stressed the talks [...]
Ladbrokes bids for rival June 23, 2011 BOOKMAKER Ladbrokes yesterday confirmed it has made an approach for Sportingbet, sending shares in its smaller rival up 13 per cent. Ladbrokes has been looking for a way to expand its presence in the online gaming market for some time, with talks with 888.com falling through earlier this year. The betting giant stressed the talks [...]
City ready for role in elderly care funding July 4, 2011 CITY experts welcomed sweeping proposed changes to how care for the elderly is funded yesterday, as they would allow financial services firms to help people meet their costs. Economist Andrew Dilnot (pictured) called for the current system, which forces people with more than £23,250 in assets to fund their care in full, to be scrapped [...]