City Moves for 13 December – who’s switching jobs at AK Jensen, City of London Group and Eversheds Sutherland? December 13, 2018 Who’s switching jobs? AK Jensen AK Jensen Group (AKJ), the financial services specialist serving institutional and hedge fund clients globally, today named Sher Malhi as its new Chief Financial Officer Sher joins AKJ at an exciting time, as the group expands from its hedge fund origins into the digital assets domain. Sher brings a wealth [...]
M&A in the UK falls a third on coronavirus and recession fears March 20, 2020 Dealmaking in the UK fell off a cliff this month with outbound M&A dropping to a seven-year low, as activity slowed amid the coronavirus outbreak. The global pandemic has sent markets into a frenzy, fuelling fears of severe damage to the economy and forcing central banks to take drastic emergency stimulus measures since the financial [...]
Hammerson sells seven retail parks to Orion for £400m February 21, 2020 Hammerson has sold seven retail parks to Orion’s European real estate fund for £400m, the largest sale of its kind in the UK for a decade. The parks are dotted around the country in places such as Didcot, Falkirk, Rugby and Telford. The deal, which is expected to raise proceeds of £395m, takes the total [...]
Law and accountancy firm coronavirus partner promotions: a poisoned chalice? April 22, 2020 Law and accountancy firms have promoted swathes of new partners in recent days with many firms hailing the strong rounds as a signal of confidence in the future. But with new partners typically required to stump up £50,000 to £100,000 to join partnerships, it is a potentially risky step up for the individual during the [...]
Budget 2020: Retail and leisure sector reacts to ‘disappointing’ business rates reform March 11, 2020 Business rates have been the key issue for retailers in the run up to today’s budget, made even more crucial by the outbreak of coronavirus. Chancellor Rishi Sunak announced measures to support more small leisure, hospitality and retail businesses with a rateable value of less than £51,000. Business rates for those firms will be scrapped [...]
Avoiding the mistakes of the British Steel pension scandal December 4, 2019 For those of us who haven’t been blessed with gold-plated pensions, the mere thought of sacrificing a guaranteed income in retirement might seem insane. So it may come as a surprise that around 210,000 people transferred out of defined benefit pension schemes in 2018/19, more than double compared to the previous year, according to figures [...]
City Moves for 26 June 2018 – who’s switching jobs at Shop Direct, Eversheds Sutherland and Blippar? June 26, 2018 Today's City Moves cover retail, legal eagles and tech. Take a look at these movers and shakers: Shop Direct Shop Direct, the UK’s second largest pureplay digital retailer, has appointed Emma Alexander as fashion director, heading up its branded and own brand clothing and footwear offerings. She will report to group product director and executive [...]
Tax system to the rescue: Six policy tweaks that could kickstart the economy June 23, 2020 The past three months have seen a deluge of economic, political, and legal moves that would have been unthinkable at the start of the year. As civil liberties were curtailed on a scale never seen in peacetime and ten million children were turned away from school, new hospitals were built in a matter of weeks, [...]
Pinsent Masons tops Acritas legal brands survey alongside DLA Piper, CMS, Linklaters, Allen & Overy, Eversheds Sutherland and Clifford Chance May 2, 2018 An index of the leading UK legal brands has seen law firm Pinsent Masons take the top spot for the first time, beating Eversheds Sutherland into second place. The biggest climber is CMS, which following its three-way merger with Olswang and Nabarro last year, has climbed to fourth in the rankings, from 13th last year. [...]
City Moves for 23 May – Who’s switching jobs at Together, Weightmans and Openfin? May 23, 2019 Today's City Moves includes Together, Weightmans and Openfin. Together Specialist lender Together, which has a loan book of more than £3.74bn, has hired banking heavyweight Simon Raine as an advisor to its board. Simon – who has more than 35 years’ experience in financial services – joins from Handelsbanken, where he helped to develop its [...]