Telecoms firm Daisy in talks with Phoenix IT May 21, 2015 TELECOMS company Daisy is in discussions with cloud IT firm Phoenix to take it over in a £180m cash deal. The bid is in conjunction with the private equity fund Toscafund, which helped Daisy de-list and go private in August last year. Phoenix said it “is in advanced discussions” with Daisy and Toscafund, at a [...]
City Moves for 07 April 2015 | Who’s switching jobs April 6, 2015 EMW The commercial law firm has announced several appointments. Caroline Hayward (pictured) and Robin Creek become principals in its real estate team. They both joined EMW from Harvey Ingram Borneos in 2012. Gurpreet Sanghera becomes a principal in its corporate team. In addition, Matthew Holman becomes an associate in the law firm’s commercial team, and [...]
David Cameron ushers in a new era at the Treasury as Damien Hinds and David Gauke join Greg Hands and Harriet Baldwin May 12, 2015 George Osborne is set to work with a new team at the Treasury following this week’s Cabinet reshuffle. Prime Minister David Cameron announced one new Treasury minister and the reappointment of another yesterday, the latest in a slew of postings he has doled out to loyal Conservatives following last week’s General Election. Read [...]
City Moves for 08 April 2015 | Who’s switching jobs April 7, 2015 Marsh The insurance and risk management firm has appointed Sally Williams as director of risk and governance. She joins from National Australia Bank Group, where she was head of risk, London branch. Williams has also worked as group director of risk at Aviva. Legal & General Investment Management The asset management firm has announced two [...]
City Moves for 24 March 2015 | Who’s switching jobs March 23, 2015 Baker Tilly The accountancy and business advisory firm has appointed Steve Hopkins as a consultant in its restructuring and recovery practice. He was previously head of corporate insolvency at Barclays Bank, and has over 20 years’ experience in restructuring and insolvency. LCH.Clearnet Frank Soussan has been appointed global head of CDSClear at the clearing house. [...]
City Moves for 29 April 2015 | Who’s switching jobs April 28, 2015 Goodwin Procter The law firm has appointed Catriona Berman as partner in its real estate capital markets practice in London. She will join from Macfarlanes following completion of her notice period, and advises on a wide range of real estate transactions. Metro Bank John Nelson has been appointed head of invoice finance for the bank’s [...]
Silicon Roundabout rents push tech firms out of hub April 16, 2015 Office take-up by tech and media firms in Whitechapel, Canary Wharf and the Docklands is on track to overtake London’s traditional industry mecca of Shoreditch this year as companies go in search of cheaper rents, according to new data seen by City A.M. Property advisory firm Colliers International said 79,740 square feet of space was [...]
July Budget 2015: Every key policy announced today July 8, 2015 George Osborne revealed the first Budget of the government, including policy changes on everything from pensions and inheritance tax to bank levies and the Northern Powerhouse. Here we round up all the essential points from the Red Box. 1. A surplus will be reached by 2019 Osborne pledged to reduce the deficit by [...]
Bye-bye Tech City? Spiralling office rents in Shoreditch’s Silicon Roundabout will push tech startups out of London April 17, 2015 Technology firms are being forced to consider relocating outside of London by the spiralling costs of renting office space in the capital and the home of tech in Shoreditch. A quarter of London’s tech firms have considered a move away from the capital entirely, while more than two in five lack confidence in the city’s [...]
Brighthouse getting its house in order July 1, 2015 Rent-to-buy boss tells Kasmira Jefford why it has a valid place on the high street THE OWNERS of Brighthouse couldn’t have picked a better name to sum up the UK’s biggest rent-to-own retail chain. Its bold red and yellow fascia above window displays that promise “low weekly payments” and “no deposit” unashamedly seek to grab [...]