C4X Discovery IPO: Healthcare firm set to debut £31m City listing October 20, 2014 University of Manchester spin-out C4X Discovery will this morning announce its intention to raise £11m through listing nearly 36 per cent of the business on London’s Alternative Investment Market on Thursday. The float will give the Manchester-based business, which develops technologies to improve the discovery process for small molecule drugs for diabetes and substance [...]
10 things we learned this week: From Tesco’s share price and Facebook’s tax bill to cures for Ebola and the EU budget October 24, 2014 What a week. From troubles at Tesco (not least its share price) to Facebook's UK tax bill, we've had a busy front on company news. And when it came to international goings-on, the EU really kept us on our toes, while Ebola continued to dominate the news. Here we digest the top 10 stories [...]
Co-operative Group hires City headhunters to find board members September 7, 2014 The Co-operative has kicked off its search for a new chair by appointing City headhunters Odgers Berndtson to grill potential applicants for the high profile role. The mutual, currently chaired by Co-op insider Ursula Lidbetter, is hunting for the first independent chairman in its 150-year history in the wake of radical governance reforms voted through [...]
Back at the Gherkin: Kerb has solved its planning pickle February 5, 2014 THOSE City-ites who manage to get into work today will be rewarded by the re-appearance of the Kerb street food market outside the Gherkin. The purveyors of trendy luncheon treats won their planning appeal with City of London Corporation, which had previously ruled they couldn’t set up on the site. “They decided to grant permission [...]
Gherkin is back on the menu for street food December 11, 2013 STREET food has evolved from a proliferation of greasy chip vans to the height of gourmet cuisine in a relatively short space of time in the UK. But strict bylaws banning street trading in many parts of the City of London, mean us City folk often miss out on the gourmet grub. But KERB, which [...]
First day of Smithfield market battle kicks off February 11, 2014 The battle over the future of Smithfield begun in earnest today as the developers Henderson and the opponents SAVE gathered in a crowded room above the Guildhall art gallery for the first day of the public inquiry. The 12-day trial begun with all sides, including City of London Corporation and the Greater London Authority giving [...]
Queens Park Rangers’ £6bn west London revamp to create homes, jobs and a new stadium September 3, 2014 A vast area of west London looks set to undergo a massive regeneration programme that could see 24,000 homes being built and 55,000 new jobs created. Hundreds of acres of brownfield around Old Oak Common, near the site of Wormwood Scrubs prison, could be transformed as a result. The £6.2bn plan is being spearheaded by [...]
Can professional video gaming take off in the UK? Gfinity just launched the first eSports arena – welcome to the weird world of video game voyeurism March 31, 2015 It’s been a big couple of weeks for UK sport. Roy Hodgson’s England side took a step closer to qualifying for Euro 2016, the Six Nations came to a dramatic conclusion, Sheffield boxer Kell Brook defended his world title – and the UK’s first eSports arena staged its premier event. Professional video gaming has launched [...]
Property in London: Is it a safe asset? October 7, 2014 Base rate hikes and a strong pound will dent prices, says Yogi Dewan THE EASY money in property markets was made a long time ago. That said, real estate remains the ultimate safe haven for many investors, as they consider it to be a better alternative to investing in global equities, government bonds or other [...]
Competition in the office: Does it boost results? October 15, 2014 Infighting can be distracting, but helps keep a company nimble. City firms are no strangers to internal competition. The leading investment banks and Big Four accountancy firms reportedly allocate year-end bonuses in part through staff ranking each other’s performances, while numerous companies (elite strategy consultancies included) have adopted some variant of the “rank and [...]