MANAGERS PULL THE PLUG ON THE OPENING OF NEW £25M SOHO CLUB December 15, 2011 IT SEEMS The Capitalist spoke too soon about the resurgence in Piccadilly’s entertainment scene. Just hours before the champagne was due to be uncorked at the new £25m club Dstrkt on Rupert Street, as reported yesterday (15 December), the long-awaited launch was abruptly cancelled. No official word on why last night’s opening didn’t go ahead [...]
BoA Merrill Lynch wants little Osborne fallout December 6, 2011 LOSING a star banker is obviously never easy for an investment bank, dependent as it is on a raft of client relationships. But losing a banker amid speculation of a regulatory probe is especially problematic, since the bank is forced to keep a lid on the reasons for the departure until the regulatory issues have [...]
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 [...]
CITY MOVES | WHO’S SWITCHING JOBS December 20, 2011 Barclays Wealth Wellian Wiranto has been appointed as Asia economist at Barclays Wealth’s Singapore office. As a member of the Barclays Wealth global investment strategy group, Wiranto will also focus on interpreting market economics for private banking clients in the region. Prior to joining Barclays Wealth, Wiranto worked at HSBC Bank in Singapore as its [...]
EBay to open a pop-up shop for Christmas November 17, 2011 ONLINE retailer eBay is to open a Christmas “pop-up” store in London’s busiest shopping district. The store, located on Dean Street – a stone’s throw away from Oxford Street – will not directly sell anything but will feature display models with codes customers can scan with their smartphone if they want to make a purchase. [...]
EBay to open a pop-up shop for Christmas November 17, 2011 ONLINE retailer eBay is to open a Christmas “pop-up” store in London’s busiest shopping district. The store, located on Dean Street – a stone’s throw away from Oxford Street – will not directly sell anything but will feature display models with codes customers can scan with their smartphone if they want to make a purchase. [...]
Carpetright issues a fresh profit alert October 25, 2011 CARPETRIGHT yesterday said full year profits would be at the lower end of forecasts as it announced another fall in sales. The group, which has issued a string of profit warnings in recent months, said underlying pre-tax earnings for its full financial year would be towards the lower end of a forecast range of £11.8-£16.9m. [...]
CITY MOVES | WHO’S SWITCHING JOBS November 7, 2011 RFC Group John Harrison, who retired as a managing director of Numis Securities last month, has been named as chairman of Ambrian Partners, subject to completion of RFC’s acquisition of 100 per cent of Ambrian’s share capital. Harrison joined Numis in 1994 following a career at Lloyd’s of London. Since 2003, he has led the [...]
CITY MOVES | WHO’S SWITCHING JOBS November 7, 2011 RFC Group John Harrison, who retired as a managing director of Numis Securities last month, has been named as chairman of Ambrian Partners, subject to completion of RFC’s acquisition of 100 per cent of Ambrian’s share capital. Harrison joined Numis in 1994 following a career at Lloyd’s of London. Since 2003, he has led the [...]