Broadgate tycoon to make bid for Battersea power station May 20, 2012 GODFREY Bradman, the property tycoon who built the Broadgate Circle in the City in the 1980s, is preparing to make a comeback with a bid for Battersea power station. Bradman is thought to have teamed up with Derrick Beare, nephew of South African financier Jonathan, and has secured the backing of billionaire Reuben brothers David [...]
JOBS of the WEEK May 23, 2012 SENIOR QUANTITATIVE STRATEGIST NEW YORK $200k-$250k pa, plus bonus & benefits A rapidly growing hedge fund is looking to build its infrastructure and technology team. Candidates must have excellent C/C++ development skills and PhDs are preferable. http://www.cityamcareers.com/job/9754 TEST ANALYST LONDON £60k-£90k pa, plus bonus & benefits A prestigious Tier 1 bank is seeking an agile [...]
In dark days let Christmas spirit shine in the City December 22, 2011 JOYFUL and triumphant” are not the most appropriate words to describe the City at the end of 2011. It feels more like being “in the bleak mid-winter”. Yet the Christmas story is one that still inspires. It can lift us from the “woes of sin and strife”, dispel “the mighty dread” and renew a sense [...]
Cable’s boardroom reforms get cautious support from companies January 23, 2012 VINCE Cable’s plans to reform boardroom pay received a cautious backing from the City, although it was thought unlikely that the business secretary’s proposals would have a meaningful impact on actual pay levels. John Cridland, director-general of the CBI, said “executive pay must always be fair and transparent, and that high pay must be for [...]
WANEY SEES IN 2012 AT NEW YEAR’S EVE CONGA January 2, 2012 DILEMMAS, dilemmas. Should one have accepted the invitation to see in 2012 with Microsoft co-founder Paul Allen at Roman Abramovich’s £5m party on the Caribbean island of St Barts? Or should one have saved oneself the bother of a plane journey and make an appearance at restaurateur Arjun Waney’s New Year’s Eve party at his [...]
City’s chief to stand down November 10, 2011 STUART Fraser, the City of London Corporation’s policy chairman – its chief executive in all but name – yesterday said he would step down to the deputy’s seat to free up more time to experience “a very special year for London” in 2012. Fraser (pictured) – also a City A.M. columnist – will step aside [...]
London hit by migration cap November 14, 2011 LONDON’S position as a global business hub is being hampered by the government’s migration cap, according to a report released this morning. The migration limits are causing businesses to postpone plans for expansion, the City of London Corporation has found. “Against the current backdrop of continuing uncertainty [over the cap], some global firms are reported [...]
London hit by migration cap November 14, 2011 LONDON’S position as a global business hub is being hampered by the government’s migration cap, according to a report released this morning. The migration limits are causing businesses to postpone plans for expansion, the City of London Corporation has found. “Against the current backdrop of continuing uncertainty [over the cap], some global firms are reported [...]
ST PAUL’S HOPES TO RE-OPEN TOMORROW October 26, 2011 THE DEAN of St Paul’s, the Right Rev Graeme Knowles, said he is “optimistic” the cathedral will re-open tomorrow in time for the 12.30pm Eucharist following a re-shuffle of protesters’ tents. The cathedral refused to comment on reports that Rev Canon Dr Giles Fraser, the Chancellor, had threatened to resign if the church attempts an eviction. [...]
UK received no corporation tax from Vodafone June 10, 2012 VODAFONE, one of the FTSE 100’s biggest companies, did not pay a penny of corporation tax in the UK last year. But the telecoms giant said it makes it main contribution to the UK economy via investment rather than taxes. “Last year, Vodafone’s UK capital expenditure went up from £516m to £575m – which means [...]