Remember Osborne’s global race? We are in danger of losing it January 20, 2014 WITHOUT foreign investment, we would be toast. How many of you, dear readers, work for UK subsidiaries of foreign companies? Or for a business that relies significantly on overseas investors for its debt or equity financing? In the case of the latter at least, the list now includes almost every company listed on the London [...]
City Moves for 16 December 2013 | Who’s switching jobs December 15, 2013 Fladgate The law firm has made two appointments. Ian Brent (right) joins as a corporate partner. He was previously head of corporate at Davies Arnold Cooper and head of London corporate at Halliwells. Melissa Needham joins as a corporate associate from DAC Beachcroft. BDO The accountancy firm has recruited Neil Williams as a director in [...]
How to get your name into the Tower without losing your head December 15, 2013 LONDON has more historical sites than you can shake an A-level text book at, but the chance to be more involved in the capital’s history is a rare thing. Step forward the Tower of London and its newly launched 1535 Society, which aims to restore the Chapel of St Peter ad Vincula (the resting palace [...]
Mayor plans a building push on HS2 junction November 26, 2013 BORIS Johnson is planning a new agency to revive the area around Old Oak Common, where the High Speed 2 and Crossrail routes will converge. The Mayor of London will set up a development corporation, similar to those used to regenerate the areas around the Olympic venues and foster growth at Canary Wharf in the [...]
City Moves for 7 January 2014 | Who’s switching jobs January 6, 2014 LPFA The London Pensions Fund Authority has announced the appointment of Susan Martin as chief executive. She joined the LPFA in 2007. Martin has previously held various positions at the Queen Victoria Hospital NHS Foundation Trust and Cancer Research UK. Mercer The consultancy firm has hired Toby Buscombe as global head of infrastructure investments. He joined Mercer [...]
Deal-makers are hoping that UK M&A returns to form January 6, 2014 AS WE head into the New Year the City will be cautiously optimistic about likely activity in the corporate finance markets in 2014. Last year saw a major revival in the new issues or initial public offering (IPO) market, which had been virtually dead in 2012. UK IPO revenue totals were 274 per cent up [...]
City Moves for 17 December 2013 | Who’s switching jobs December 16, 2013 Conning Asset Management The investment management company has appointed Ben Hamilton as a portfolio manager in its London team. He was previously an assistant investment manager and research analyst for fixed income and multi-asset funds at Premier Asset Management. State Street Global Advisors State Street’s asset management business has appointed Mark Fortier as managing director, [...]
Guardian sells off the rest of Auto Trader to Apax Partners January 21, 2014 GUARDIAN Media Group yesterday agreed to sell its remaining stake in Auto Trader publisher Trader Media Group to private equity firm Apax Partners. The proposed sale of GMG’s 50.1 per cent stake follows the group’s 2007 disposal of a 49.9 per cent stake in Trader Media to Apax. The value of the deal is said [...]
Win talk from South Pole team December 12, 2013 PRINCE Harry and his team are due to arrive at the South Pole this afternoon having braved the Antarctic extremes to raise money for Walking With The Wounded. But the push to support ex-servicemen and women doesn’t end there. The charity is calling for City workers to do their bit by signing up to Walking [...]
Shorter UK web address set to be sold to firms November 20, 2013 BRITISH businesses will be able to shorten their .co.uk web addresses to .uk next year, the UK internet registry organisation Nominet said yesterday. The new domain will go on sale next year for the same price as existing .co.uk web addresses. “It’s about helping people to have more memorable names and keeping the trust and [...]