City Moves: Who’s switching jobs in the Square Mile? July 15, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Westwind Capital London-headquartered Westwind Capital, a new European private equity real estate investment platform has appointed a chief financial officer and chief operating officer, as it builds out its C-suite. Stepping into both roles, Mark Terry brings [...]
EY working to spin off its audit business in biggest shakeup of any Big Four firm in two decades May 27, 2022 EY is working on splitting its business in two, to separate out its audit and advisory operations. The accountancy firm is planning the biggest shakeup to the Big Four in two decades, by spinning off its audit business into a separate firm, according to the Financial Times. EY’s plans come as part of ambitious efforts [...]
Top firms mull pension hikes to keep pace with inflation March 24, 2022 FTSE 100 firms are mulling discretionary pension hikes as soaring inflation threatens to outpace the rate of annual growth in payouts, according to a top pensions consultant.
Upskilling workforce can save City firms millions January 27, 2022 Piling money into upskilling existing employees can save banks, brokers and fund managers millions of pounds, reveals a fresh study published today. Investing in improving staff’s skills can generate cost savings of up to £49,100 per employee compared to hiring new talent, according to a report by the Financial Services Skills Commission (FSSC) and consultancy [...]
Consumer confidence slips to pre-Covid levels as shoppers see supplies squeezed October 10, 2021 Consumer confidence has dipped to its lowest level this year, as inflation, the energy crisis and HGV driver shortages take their toll on the outlook to Christmas, according to a new report by PwC. Following record highs earlier in the year, consumer confidence saw a decline in almost every age, region and demographic category, and [...]
City blows away gloomy Brexit forecasts as profits soar at fastest rate since 2015 January 13, 2022 The City is blowing gloomy forecasts that Brexit would hit its financial services industry out of the water, reveals a fresh study released today. Profits at the Square Mile’s biggest banks, brokers and insurers are accelerating at the hottest pace since before Brexit, according to the UK’s leading business group. City firms’ resurgence will help [...]
Exclusive: City heavyweights are top firms for career growth, says LinkedIn April 6, 2022 City headquartered firms have been named as the top companies to work at for career growth, according to LinkedIn research shared exclusively with City A.M. today. Barclays retained its crown, wrestling with Lloyds Banking Group and HSBC, which make the top three companies on the list – all with London HQs. Chasing the coattails of [...]
City Moves: Who’s switching jobs in the Square Mile? June 21, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Ontier Law firm Ontier has built out its London office with a new partner in its commercial litigation team. Amy Harvey, who will focus on asset recovery in cross-border disputes, will be Ontier’s third female partner hire in London in just [...]
Do FTSE 100 bosses need more money? May 23, 2023 A debate is raging in the Square Mile over how much executives are paid - do UK firms need to pay more money to attract the best talent?
Global climate tech investment has tripled, but emissions-cutting solutions are overlooked December 15, 2021 Investment into climate tech is booming globally, as venture capital and private equity firms poured $87.5bn into the sector over the twelve months to 30 June 2021 – more than triple the $28.4bn global total reached a year before. Buoyed by dry powder accumulated during the first few months of Covid lockdowns, investment firms focusing [...]