London Report: FTSE shrugs off Barclays rights issue to tick up July 30, 2013 UPBEAT earnings from leading companies nudged Britain’s benchmark equity index higher yesterday, enabling the market to offset a slump in Barclays after the bank announced plans for a $9bn capital hike. The blue-chip FTSE 100 index closed up 0.2 per cent, or 10.70 points, at 6,570.95. Engineer GKN topped the leaderboard with a 6.5 per [...]
CITY MOVES | WHO’S SWITCHING JOBS June 6, 2012 Winston & Strawn Justin McClelland has joined the law firm from Milband as a partner in its global commercial litigation practice. He started his legal career at Slaughter & May, and previously served in Army Legal Services, reaching the rank of lieutenant colonel. He was appointed a Member of the British Empire (MBE) in 1998. PIMCO [...]
Sculpture blooms at Kew thanks to Xstrata September 13, 2012 AUTUMN may be in the air, but over at Kew Gardens they are welcoming in the new season with sculptures from David Nash, thanks to the support of Xstrata. Inspired by the magnificence of London’s Royal Botanic Gardens, the works will be located in Kew’s indoor spaces, so a chill in the air won’t be [...]
Sculpture blooms at Kew thanks to Xstrata September 13, 2012 AUTUMN may be in the air, but over at Kew Gardens they are welcoming in the new season with sculptures from David Nash, thanks to the support of Xstrata. Inspired by the magnificence of London’s Royal Botanic Gardens, the works will be located in Kew’s indoor spaces, so a chill in the air won’t be [...]
City Moves | Who’s switching jobs October 14, 2012 Royal Bank of Scotland John Shelley has joined RBS as chief risk officer, Asia Pacific, for all RBS businesses in the region. Shelley began his banking career with NatWest and RBS in the UK, and he has previously worked for Coutts Private Banking in Asia and has since held a number of senior roles with [...]
Wiggins coach Sutton injured in bike crash November 8, 2012 BRITISH Cycling has called on the government to do more to protect riders after head coach Shane Sutton suffered bleeding on the brain in an accident yesterday, just hours after Tour de France winner Bradley Wiggins broke ribs in a separate bike crash. Sutton, who leads a team of coaches who work with Wiggins, is [...]
Royal London merger hits 110 jobs August 8, 2011 Royal London, Britain’s biggest mutually-owned insurer, said a net 110 jobs would go as it absorbs merger partner Royal Liver. Royal London will close its office in Liverpool at the cost of 222 jobs and transfer functions to offices in Wilmslow, where 105 new roles will be created.
Royal London merger to cost 110 jobs August 8, 2011 Royal London, Britain’s biggest mutually-owned insurer, said a net 110 jobs would go as it absorbs merger partner Royal Liver. Royal London will close its office in Liverpool at the cost of 222 jobs and transfer its functions to an existing office in Wilmslow, where 105 new roles will be created, the insurer said on [...]
Direct Line IPO nears take-off September 11, 2012 ROYAL Bank of Scotland is widely expected to officially launch the sale process for the IPO of its insurance unit Direct Line as early as tomorrow, sources said last night. Some say that the float, which will be the largest in London this year if it goes ahead, will value the business at around £3bn. [...]
The wild, wonderful tale of the Bentley Boys December 7, 2012 When Bentley unleashes its Continental GT3 racer next year, it will be the first time for generations that owners will be able to join a Bentley racing team. This raises the mouth-watering prospect we could be looking at a whole new generation of Bentley Boys; flamboyant, wealthy and talented gentlemen racers of an ilk not [...]