City Matters: The City should be proud to support aspiration regardless of background September 1, 2013 AFTER a long summer, this week students across London are heading off to work and university for the start of a new academic year. Many of these talented young people will have gained invaluable insight by spending part of their break preparing for the world of work through summer placements across a range of industries, [...]
Return to hiring across the UK boosts Walters March 3, 2014 WHITE collar recruiter Robert Walters has cheered signs of a broad bounce in the British jobs market that has helped boost its profits 30 per cent. The firm’s eponymous chief executive said the recovery in hiring after several tough years has a “rather solid nature”. “It’s not led by only one specialist area, it’s across [...]
Diageo makes £1.1bn play for United Spirits April 15, 2014 DRINKS giant Diageo has launched a $1.9bn (£1.13bn) bid to nearly double its stake in India’s largest spirits firm United Spirits. The bid, if successful, would give Diageo a controlling stake in United and better position the firm to take advantage of India’s increasingly wealthy consumers. FTSE 100 component Diageo currently holds a 28.8 per [...]
Time savers April 2, 2014 If you watch the minutes, the hours will look after themselves; check out these London-centric, time-saving apps Yplan iOS and Android No need to trawl through event listings, the YPlan app offers up 15 carefully curated events for that night, up to a week in advance. From music and theatre to food tastings and gallery [...]
Florence’s four best boutique hotels June 13, 2014 Frequent flyers, particularly those travelling on business, see a lot of forgettable hotel rooms. Even if the corporate purse stretches to a five star offering, it’s normally a last-minute, practical booking in the centre of town. The global hotel franchises that cater to the busy and perpetually tired are experts at creating welcoming yet efficient [...]
Plans for £160m new Smithfield Quarter given the green-light July 16, 2013 PLANS to turn part of Smithfield market into a new public quarter with offices, shops and restaurants, was given the all clear yesterday. The City of London Corporation voted in favour of Henderson Global Investors’ £160m mixed-use scheme called the Smithfield Quarter, despite campaigns against altering the 150 year-old site. The McAslan + Partners-proposed development [...]
The New York Times is totally wrong in its attack on London March 10, 2014 AN op-ed in the New York Times slamming the UK’s response to the Ukrainian crisis is making waves. Its author, Ben Judah, makes some decent if unoriginal points about how London depends on Russian cash, but his piece is so full of holes a fisking is in order. Here goes. 1 “On the [Shard’s] top [...]
The New York Times is totally wrong in its attack on London March 10, 2014 AN op-ed in the New York Times slamming the UK’s response to the Ukrainian crisis is making waves. Its author, Ben Judah, makes some decent if unoriginal points about how London depends on Russian cash, but his piece is so full of holes a fisking is in order. Here goes. 1 “On the [Shard’s] top [...]
Inside Track: JP Morgan is outpacing rivals in UK equity transactions March 28, 2014 WHEN the venerable David Mayhew sold 50 per cent of Cazenove to JP Morgan 10 years ago, there were many who predicted the gradual demise of the influence of that august stockbroking house. After all the City memory bank is filled deep with the names of institutions, such as Warburg, Kleinwort Benson and Smith New [...]
Cambian makes it over the line April 10, 2014 CAMBIAN, the provider of specialist behavioural health services, yesterday priced its shares at the bottom of a range of between 225p-290p, valuing the group at around £400m. The shares begin conditional trading today on the London stock market. Most groups floating on the market since the New Year have issued shares towards the middle or [...]