How the Queen of support services wants to turn UK companies green January 6, 2010 GOING GREEN may not be the most original of strategies but that doesn’t make it any less lucrative. So Mitie Ruby McGregor-Smith’s decision to bet the future of her support services giant on cashing in on the trend for all things environmental has gone down well with investors. The FTSE 250 company is still busy [...]
Eriksson: Sol did not like our facilities September 24, 2009 NOTTS COUNTY boss Sven-Goran Eriksson admits he has no idea why Sol Campbell dramatically quit this week – but revealed the former England defender did not like the League Two club’s dressing rooms. Campbell, whose partner is an interior designer, stunned the club on Tuesday by walking away from a £40,000-a-week contract just 29 days [...]
Climate body calls on UK to change tack October 12, 2009 BRITAIN needs a “step change” in its environmental policy to meet its own targets, the government’s chief climate change adviser said yesterday. Presenting its first annual report to parliament, the Committee on Climate Change (CCC) urged more aggressive intervention in the energy markets. To meet its own target of an 80 per cent reduction in [...]
Property pair worth 750m despite slump September 9, 2009 CANDY Brothers Nick and Christian, who build ultra-luxury apartments for the elite, are still worth a combined £750m despite the ailing property market, the head of their corporate finance group said yesterday. It had been thought that the pair’s wealth would have taken a hit in the recession as the kind of ultra-high specification properties [...]
Trying to second-guess stocks is harder than ever October 4, 2009 EQUITY investors haven’t had much time for cliché this year. Earlier this year, they ignored dire predictions – coming from anyone with a keyboard or a microphone – that financial markets might never recover. Instead, they seized upon historically low valuations – and the trillions spent by governments around the world – and began the [...]
A manifesto for a great newspaper October 22, 2009 City A.M. has a simple mission: to be the essential morning read for London’s business community. Every single working day, we aim to provide our readers with a pithy, well-edited and bang-up-to-date package of news, comment, investment advice, lifestyle and sports – and all of this entirely for free and conveniently available at transport hubs [...]
Citi dodges a pay row with sale of Phibro October 11, 2009 US BANK Citigroup has avoided a pay row with regulators with the sale of its Phibro commodities trading unit, where star performer Andrew Hall works. Hall, who earned a $98m (£62m) bonus last year, is on course for a performance-related award of more than $100m this year, sparking anger among US taxpayers, who financed the [...]
JJB’S JONES IN BOARD ATTACK August 11, 2009 JJB Sports executive chairman Sir David Jones was left red-faced last night after emails in which he criticises nearly all his fellow directors were leaked. In an email exchange between Jones and former chief executive Chris Ronnie dated October 2008, Jones criticises five members of the board. Four of the men have now stepped down, [...]
City Moves who’s switching jobs September 7, 2009 ActantLars Hjaltman has joined the exchange trading solutions firm as head of development, based in the UK but operating in the firm’s major markets across Europe and the US. Hjaltman has over 20 years of experience in technology and software development, having most recently been chief operating officer of Electronic Shipping Solutions. He has also [...]
CITY MOVES WHO’S SWITCHING JOBS July 30, 2009 Cazenove CapitalAsset manager Cazenove Capital has appointed Marcus Gregson as non-executive director. Prior to his retirement, Gregson was the founding chief executive of HSBC Private Bank. He also held the position of managing director of private banking at Royal Trust Bank. He is currently non-executive director of a number of companies, including Sand Aire and [...]