Freezer King bags £542m as AO.com soars February 26, 2014 AO WORLD founder John Roberts is sitting on cash and shares worth around £542m after the online white goods empire he founded 14 years ago made a grand entrance onto the London Stock Exchange yesterday, with shares leaping 32 per cent. Roberts has reduced his 40 per cent stake to 28.6 per cent, the company [...]
City Moves for 22 August 2013 | Who’s switching jobs August 21, 2013 Squire Sanders The law firm has announced the appointment of Mark Thomas as a partner in its financial services practice group. Thomas specialises in structured finance and capital markets. He was most recently at Addleshaw Goddard, where he was head of structured finance. PwC The professional services firm has hired Charlie McMurdie as senior crime [...]
City Moves for 21 March 2014 | Who’s switching jobs March 20, 2014 Baker & McKenzie The law firm has announced the appointment of Steven Francis as a partner in its financial services group. He specialises in Financial Conduct Authority (FCA) enforcement work, non-contentious FCA compliance advice, financial crime, and corporate compliance issues. Francis was most recently at RPC, where he was a partner and head of its financial services and [...]
Three things you didn’t know about… February 17, 2014 Jones Lang LaSalle UK CEO Guy Grainger 1 He’s been commuting to work on a Vespa for about 12 years and absolutely loves it. He admits he’s got a more grown-up, modern, black one now but used to ride a 1968 flame orange Vespa, with an open-face helmet. 2 He once appeared on The Apprentice [...]
Shaftesbury raises £157m to help acquisition spree in China Town March 6, 2014 SHAFTESBURY has bought a landmark property at the heart of London’s China Town next to the famous pagoda for £54.4m after raising £157m through a share placing yesterday. The West End developer said it has added a 50,000 square feet building on Newport Place to its £460m China Town portfolio and hopes to submit plans [...]
City Moves for 24 March 2014 | Who’s switching jobs March 24, 2014 Herbert Smith Freehills The law firm has announced the appointment of Justin D’Agostino as global head of dispute resolution. He is currently a partner, and has spent his entire legal career at the firm. Legal & General Property James Lidgate has joined Legal & General property as head of residential. He has over 14 years’ [...]
Analyst Views: Did British Land perform in line with your expectations? January 28, 2014 JOHN CAHILL | ORIEL SECURITIES Good performance over the third quarter, with rents on new lettings and renewals improving in both London and the regions. Development completions are due into favourable market conditions, and with a dividend yield ahead of peers, British Land remains our preferred large exposure to the London market. BART GYSENS | [...]
Gold demand fell 15pc in 2013 on US recovery February 18, 2014 OVERALL gold demand slid by 15 per cent in 2013, despite 21 per cent growth in demand from consumers, according to a new report by the World Gold Council yesterday. Interest from the retail market was offset by large-scale outflows from exchange traded funds (ETFs) as confidence in the US economy improved, the report said. [...]
Homes in homage to enterprising MP March 13, 2014 New homes alongside Regent’s Canal are a natural haven away from the hustle and bustle A TRIBUTE to the historical figure who inspired the London Underground logo lies in the bricks and mortar of contemporary London. The industrial architecture of the newest homes to arrive in King’s Cross pay homage to Liberal MP Samuel Plimsoll [...]
Tesco and Waitrose set to open Tube shops January 29, 2014 Tesco and Waitrose are opening six click-and-collect points each in the London Underground this year, as part of TfL’s efforts to get more retailers using the Tube. The supermarkets will follow Asda, which is running a six-month trial in carparks near Tube stations, with ambitions to open more outlets. Tesco will launch at station car [...]