CITY MOVES | WHO’S SWITCHING JOBS February 20, 2012 Rowanmoor Pensions Rowanmoor Pensions, the independent small self-administered scheme provider and self-invested personal pensions operator, has appointed Martin Stead as a regulated consultant in its consultancy team. Stead joins from AXA Wealth, where he was a financial planning manager in the company’s Bancassurance division. Prior to AXA Wealth, Stead was a corporate relationship manager at [...]
Protesters in court appeals December 18, 2011 THE CITY of London Corporation will press ahead with a High Court bid to remove protesters from outside St Paul’s today despite suggestions last night that Occupy LSX had offered to move on. City A.M. understands the corporation wants a judge to decide the fate of the Occupy camp, which was set up more than [...]
The music stops for UK breaks on bankruptcies January 25, 2012 THE singer Kenny Rogers once sang “you’ve got to know when to hold ‘em, know when to fold ‘em, know when to walk away, know when to run”. While Rogers was singing about a gambler, he could just as easily have been singing about the Irish people’s attitude to their bankruptcy regime. Increasingly the people [...]
The music stops for UK breaks on bankruptcies January 25, 2012 THE singer Kenny Rogers once sang “you’ve got to know when to hold ‘em, know when to fold ‘em, know when to walk away, know when to run”. While Rogers was singing about a gambler, he could just as easily have been singing about the Irish people’s attitude to their bankruptcy regime. Increasingly the people [...]
Marginal seat up for grabs after Mensch quits politics August 6, 2012 DAVID Cameron yesterday endured one of his worst days as Prime Minister after one of his party’s best known backbenchers announced she is to quit politics on the same day that Nick Clegg torpedoed plans to reform parliamentary constituencies. The surprise resignation of rising star Louise Mensch will result in a high-profile by-election that Labour [...]
What the other papers say this morning August 20, 2012 FINANCIAL TIMES Citi chief rejects calls for bank splits Citigroup’s chief executive has knocked back the idea of big banks being split up after calls from people such as his predecessor Sandy Weill. Vikram Pandit said Citi, formed in Mr Weill’s time with mergers such as the acquisition of Travelers in 1998, had already gone [...]
India 10 years on: The rise of a tourism superpower November 11, 2012 INDIA DRAMATICALLY straddles the ancient and modern worlds: as well as having a space programme, it is home to layers of ancient civilisations, leaving an intricate cultural legacy. But an under-developed service sector used to make it difficult to enjoy India as a holidaymaker. I wanted to find out if the tourist industry was keeping [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 14, 2012 FINANCIAL TIMES CAR LOANS SPEED UP AT CLOSE BROTHERS Close Brothers has reported strong growth at its banking arm in the six months to 31 January, but profits were held back by its securities and asset management divisions. Profits at the banking division have grown since the start of the financial crisis, as it expanded [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 1, 2012 FINANCIAL TIMES Nationalising RBS on the table Senior government figures are discussing the possibility of fully nationalising Royal Bank of Scotland amid mounting frustration at banks’ failure to lend to British businesses. Cabinet ministers are having conversations about whether to spend around £5bn buying up the 18 per cent of the bank the government does [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 19, 2012 FINANCIAL TIMES SKY PULLED NEWS STORY ON F1 SHARES The chief executive of British Sky Broadcasting ordered a news story to be removed from the Sky News website after an executive producer complained that it had upset Formula 1 racing teams. Jeremy Darroch intervened after the article, which described a controversial agreement involving F1 chief [...]