It’s time the City – and the UK – show support for a capital markets union February 18, 2015 Few people have anything good to say about the European economy. The pipes, they say, are clogged up – and even if they can be unblocked, they are rusting away. Brussels is normally seen either as a blockage, or as a hapless plumber who can’t figure out a solution. But work is progressing in Brussels [...]
Professional services jobs boom in London April 23, 2014 THE FINANCIAL services sector could lose its title as the dominant player in London, as a new study predicts a boom in professional services over the next decade. An extra 28,000 workers could be employed in areas like management consulting and law by 2023, according to a study by the City of London Corporation and [...]
Premier Technical Services Group IPO: Electrical safety firm raises cash for £45m listing February 9, 2015 A leading electrical safety firm responsible for working on the King’s Cross redevelopment has raised £8m by floating on London’s junior stock market. West Yorkshire-based Premier Technical Services Group (PTSG) is set to start trading on the alternative investment market tomorrow after raising new funds and selling existing shares to outside investors in an offer [...]
Paying interns makes internships pay – ACCA Comment March 18, 2015 Companies must get out of their comfort zone and give young people a chance. This week, ACCA released the findings of a survey we conducted with Intern Aware and YouGov, which asked businesses across the UK their views on internships. Our research found that over half of British companies have never used an intern, and [...]
City Matters: India is a sleeping economic giant – the City stands to gain from its rise December 14, 2014 IN RECENT years, the UK has traded more with Ireland than all of the Bric nations (Brazil, Russia, India and China) put together. That fact has been rolled out regularly by our politicians over the past few years. And it also explains why trade delegations led by the Prime Minister and other ministers to emerging [...]
Aim boss expects a race to float ahead of the May election February 1, 2015 But Marcus Stuttard tells Oliver Smith why we should brace for a post-election slowdown around the question of Europe LONDON’S public markets are set for a flood of new entrants in the lead up to the May general election, according to the head of London’s Alternative Investment Market (Aim), but could see a dearth of [...]
Why London’s world-beating position in global insurance is now under threat January 7, 2015 A new piece of research into the competitiveness of the London insurance market, released by the London Market Group late last year, confirmed many existing fears. The capital’s position as a world leader in insurance is under threat, and it’s critical that we confront – with the support of the UK government – the challenges [...]
City Moves for 22 December 2014 | Who’s switching jobs December 21, 2014 LEBC Simon Turner has been appointed director of business planning at the IFA, pensions and employee benefits consultancy. He was previously regional head of financial planning for the northern region at Grant Thornton. Turner has 25 years’ experience in financial services. Jones Day The law firm has announced the appointment of 42 partners, with three [...]
Bill Winters takes top Standard Chartered job: The City’s favourite adopted son takes on a risky challenge February 27, 2015 Not many investment bankers’ names are greeted with utterly unmitigated praise, particularly ones with major roles in the financial crisis. But once you ask former colleagues of Bill Winters about his qualities, it is hard to stop the flood of superlatives. “He is the best leader I have ever met. He saved the bank in [...]
City Moves for 13 January 2015 | Who’s switching jobs January 12, 2015 Grosvenor Fund Management The investment firm has appointed Gaston Brandes as director of capital markets, Europe. He joins from UBS Global Asset Management, where he was executive director of global real estate business development. Brandes has also held roles at Franklin Templeton Investment Services. Brown Rudnick The law firm has appointed Moris Mashali as partner [...]