Canary Wharf suitors look to one shareholder to back £2.6bn bid December 7, 2014 The two bidders for Canary Wharf, Qatar Investment Authority (QIA) and Brookfield Property Partners, are hoping to persuade one major shareholder in the east London-based financial district to accept their takeover bid. The pair made a new hostile takeover offer for Canary Wharf-owner Songbird Estates directly to shareholders on Thursday, worth 350 pence-a-share. Songbird subsequently [...]
City Moves for 01 December 2014 | Who’s switching jobs November 30, 2014 Edison Investment Research The investment intelligence firm has announced three UK equity analyst appointments. Peter Thorne joins its financials team from the FCA, where he was a technical specialist. He has also held roles at Pictet, Paribas, Zoete & Bevan, Morgan Grenfell and Citicorp. Jenny Ping joins the industrials team. She has held roles at [...]
City Moves for 05 December 2014 | Who’s switching jobs December 4, 2014 Three Crowns The global arbitration law firm has appointed Carmen Martinez Lopez as a partner in its London office. She joins from Covington & Burling, where she was an arbitration partner. Martinez Lopez has particular expertise in the Latin American and Spanish language markets. Armstrong Investment Managers Christopher Sullivan has been appointed director and head [...]
How we can turn London’s thriving tech startups into billion dollar digital giants November 16, 2014 Just four years after the Prime Minister and the mayor of London launched the Tech City initiative, London now has one of the fastest growing technology sectors in the world. Visitors to any of its tech hubs will be struck by the industry and dynamism of the capital’s entrepreneurs and startups, driving innovation and change. [...]
Festive cheer: Even busy City workers should volunteer this Christmas December 11, 2014 It’s the season to be jolly, and the capital’s workers are flocking to celebrity-packed carol services, helping to swell the coffers of deserving charities. Just this week, guests joined the likes of Lesley Garrett, Dame Eileen Atkins and Colin Murray to raise £24,000 for children’s mental health charity Place2Be. And in the Square Mile, a [...]
City Moves for 03 December 2014 | Who’s switching jobs December 2, 2014 Valad Europe The real estate investment manager has appointed Simon Marriott as head of UK real estate. He was most recently director in the real estate transactions team at PwC, and has also held roles at Oxford Properties, MGPA, and Invista REIM. Ontario Teachers’ Pension Plan Jo Taylor has been appointed managing director for Europe, [...]
City Matters: Britain’s new MEPs must do their job – whatever they think about the EU June 1, 2014 THE EUROPEAN elections saw a series of striking results, as Ukip became the first party other than Labour or the Conservatives to top a nationwide poll since 1906, and anti-establishment parties surged across Europe. Pundits have spent days discussing the results and what Ukip’s rise means for the established parties and their leaders. But while [...]
The City must make the case for EU reform – for the sake of all Europe January 5, 2015 The General Election looms large at the start of this New Year. For practical reasons, business prizes stability and places a premium on calm trading conditions, as major changes in policy have an unsettling effect on potential investors. And few decisions will have such a far reaching impact on the UK economy as what we [...]
City vacancies jump 67pc but financial transaction tax trauma looms May 12, 2014 Vacancies in London’s financial services companies leapt 67 per cent last month, as employers looked for workers to manage increasing compliance demands from regulators, according to recruitment consultancy Morgan McKinley. 8,955 jobs were advertised in the City and across the capital. In April 2013, the figures stood at 5,355. 41 per cent more people are [...]
City Matters: The booming City cluster is driving growth across the whole of the UK April 27, 2014 SPRING in Britain is in full flow as the May Day bank holiday fast approaches. And this year, the economic news matches the improving weather. A new City of London Corporation report showed just last week that the Square Mile continues to play an important role in London’s ongoing success. The City is forecast [...]