What the other papers say this morning – 31 October 2013 October 30, 2013 FINANCIAL TIMES UK star rainmakers team up Three of London’s star dealmakers are joining forces in a City advisory boutique, reflecting the exodus of senior talent from bulge-bracket investment banks amid intense political and regulatory scrutiny. Simon Warshaw, former co-head of investment banking at UBS, will this week team up with Robertson Robey Associates, said [...]
Budget at a glance: Osborne’s plans for Britain’s economy March 19, 2014 As growth bounces back, the focus turns to reforming savings THE ECONOMY UK growth for this year is now expected to be 2.7 per cent, the Office for Budget Responsibility (OBR) said yesterday – up from its previous estimate, made in December, of 2.4 per cent GDP expansion. A year ago the OBR expected growth [...]
Ed Davey defends state-subsidised EDF-Chinese nuclear reactors October 21, 2013 The British government and French utilities company EDF have signed a deal to build two nuclear reactors totalling £16bn at Hinkley, Somerset. The new reactors will be built at Hinkley Point C, with the assistance of EDF's Chinese partners, China General Nuclear Power Group and China National Nuclear Corporation. The Department for Energy and Climate [...]
Business services firm of the year September 10, 2013 In an uncertain economy, companies that are willing to try something different – be that a new management team, an innovative business structure or a better use of technology – are the ones that tend to succeed. This category’s nominees live up to the best of these business services. ODGERS BERNDTSON Some of the biggest [...]
Developers deny landbanking as Miliband vows to fine building firms sitting on valuable plots September 24, 2013 THE CONSTRUCTION industry yesterday rejected Ed Miliband’s suggestion that Britain's housing supply issues are caused by developers hoarding land, amid criticism of his willingness to confiscate land if firms that do not get building. “We will say to private developers you can’t just sit on land and refuse to build,” the Labour leader told his [...]
Serco caught in prisoner escort fraud claims August 28, 2013 THE chief executive of FTSE 100 security firm Serco said he was “appalled” last night after the discovery of allegedly fradulent behaviour by some Serco staff working on a prisoner transfer contact. Staff at the FTSE security firm are alleged to have recorded prisoners as having been delivered to court by its vans on [...]
The pair taking peer-to-peer to property December 15, 2013 Annabel Palmer talks with lending platform founders Anthony Fane and Graham Wellesley THE BURGEONING peer-to-peer (P2P) lending industry could transform the personal loans market. It is currently worth £550m in the UK, but some experts expect that to increase to as much as £1bn by 2016. One of its newest entrants is Wellesley & Co, [...]
The clinic will cater for all your needs January 23, 2013 BEDSPACE may be tight at Davos, but every inch of space is utilised. While “The Clinic” may sound like a luxury spa, it’s actually an asthma hospital – offering spare beds to attendees. If you fancy your own oxygen supply, this is the place. ■ Following David Cameron’s early morning oration, the corporate world was [...]
Green-fingered Lady and Lord Mayor get muddy in the forest January 29, 2013 SPADES and wellies were order of the day when Lord Mayor Roger Gifford and his wife, the Lady Mayoress, ventured deep into forest territory this week, ankle-deep in mud. The couple were planting three trees to launch the Gifford Wood Appeal, an effort which will help safeguard 30 acres of land at Horseshoe Hill under [...]
New Boat Race sponsor BNY Mellon asks: Which Blue are you February 14, 2013 FINANCIAL services firm BNY Mellon was yesterday unveiled as the new sponsor of the Oxford v Cambridge Boat Race, replacing outsourcing company Xchanging. To celebrate the five-year deal, BNY Mellon got Olympic rower Katherine Grainger out on a boat at Putney yesterday, and tested the oar skills of staff when they had to row against her. The [...]