Shaftesbury continues to be buoyed by London’s West End property market November 24, 2015 London's residential property market might be cooling, but the commercial sector is showing no signs of slowing down with landlord Shaftesbury reporting strong growth for the full year. The figures Shaftesbury's net asset value per share rose 21.9 per cent to £8.69 in the year to September 30, up from £7.13 a year earlier. Earnings at the [...]
City Moves for 11 December 2015 | Who’s switching jobs December 10, 2015 KEMP LITTLE LLP Vicky Cooper has been appointed by Kemp Little LLP as a partner in the technology and digital media law firm’s IP & technology disputes group. Vicky will work closely with the firm’s commercial technology team, bolstering Kemp Little’s IT dispute resolution capability. Vicky specialises in helping both suppliers and customers in the [...]
Biffa in secret sell off talks: Waste management firm to go on sale for £1bn? November 23, 2015 Waste management firm Biffa is has been courting prospective buyers, giving itself a price tag of £1bn, Sky News has reported. The company is this morning set to report its half-year earnings, reportedly up by 19 per cent to £67.2m, with full-year profit expectations revised upward to £119m. Biffa is rumoured to have asked any [...]
City A.M.’s Rio 50: These are the 50 most marketable athletes at the Rio 2016 Olympic Games August 3, 2016 Do you thrill to the Mobot? Or tingle when Jess Ennis-Hill ducks for the line? Perhaps it’s Usain Bolt’s signature To Di World celebration, an Andy Murray fist pump, or gymnastics doyenne Simone Biles cheekily winking during a floor routine that brings out the goose-pimples. Everyone has their favourites: those sportsmen and women who we [...]
Rangers chairman Dave King slams Sports Direct “agenda” against board but agrees to repay £5m loan to Mike Ashley’s company November 27, 2015 Rangers chairman Dave King blasted Mike Ashley's Sports Direct over "incessant litigation" which he says has harmed the club's rehabilitation. The Ibrox board announced it had agreed to repay a £5m loan from Sports Direct, reversing an earlier decision not to, at the club's annual general meeting in Glasgow. Speaking to around 1,000 shareholders today, [...]
Tesco facing US court case as four firms sue over 2014 accounting scandal October 11, 2015 Tesco is being sued by a group of US funds over the 2014 accounting scandal which caused the supermarket's share price to collapse. In September last year, the company revealed that its profits had been overstated by £263m and the aftermath saw shares drop to a ten-year low. The Western and Southern Life Insurance Company, [...]
Restaurant review: There’s more to Palm Court than afternoon tea, thank god October 29, 2015 If I could click my fingers and banish one element of our national cuisine, it would be afternoon tea. It’s a dreary throwback to a time when we felt the need to ape our social betters, in this case by eating wildly overpriced cucumber sandwiches. Its emergence is often credited to Anna Maria Russell, the [...]
Athletics doping report to reveal “different scale of corruption” compared to Fifa November 7, 2015 If you thought Fifa looked bad, just wait until you see a report into corruption at the International Association of Athletics (IAAF), so says its co-authour Richard McLaren. On Monday details of an independent report into claims of doping cover-ups, extortion and money-laundering in athletics will be released by the World Anti-Doping Agency (Wada). McLaren said [...]
City Moves for 8 December 2015 | Who’s switching jobs December 7, 2015 BAKER & MCKENZIE Global law firm Baker & McKenzie has appointed Andy Moody as a partner in London. He joins in early 2016 from Eversheds. Andy has acted on a wide range of commercial disputes, focusing on international arbitration. His experience is in the energy sector where he has advised on international upstream, downstream and [...]
Uber protests in Paris: UberPop banned in France as taxi drivers stage mass demonstration December 15, 2014 France has said it will ban one of the services offered by controversial taxi app Uber from early next year, the same day as Paris' cabbies have staged a mass protest against the ride-sharing service. The French interior ministry announced that UberPop, a low-cost service which lets private drivers make money picking up passengers like [...]