Coalition still too complacent on tax October 3, 2010 IT IS heating up here in Birmingham at the Conservative Party conference. George Osborne is about to launch a scathing attack on Ed Miliband for failing to grasp the importance of cutting the deficit; and a deal has been agreed to sweep away the plethora of incentive-destroying benefits, eventually replacing them with a single payout [...]
Land Secs set to restart its £350m mall July 21, 2010 THE UK’S largest real estate investment trust Land Securities will restart work on a £350m shopping centre in Leeds next month, in the biggest retail project seen outside of London since the recession. The property group said it waited until 47 per cent of the Trinity Leeds mall was let before agreeing a construction contract, [...]
CITY MOVES | WHO’S SWITCHING JOBS August 11, 2010 Coutts The private bank has appointed Jeff Stubberfield as a commercial banker in its media banking team, looking after clients in the music, TV and entertainment business. Stubberfield has over 15 years of experience in financial services and joins from Barclays, where he spent eight years, latterly as a relationship director managing a portfolio of [...]
Numis in FTSE 100 client win August 5, 2010 STOCKBROKER Numis Securities yesterday reached a landmark in its development as it won its first FTSE 100 client, investment firm Alliance Trust. Numis, which has just celebrated its tenth anniversary, already has 22 corporate broking clients in the FTSE 250, including property group Savills, Domino’s Pizza and retailer Mothercare. But Alliance Trust is its first [...]
A SOBERING WARNING FOR OSBORNE AS CAM SWINGS INTO ACTION October 25, 2010 CHAOS as the great and the good gathered for the annual CBI conference on Park Lane yesterday. The delayed start gave David Cameron a chance to prove he’s been reading those zeitgeist briefings: “Sorry for the delay,” he told the gathered business chiefs and hacks. “Like Ann Widdecombe, I had to be hitched by a [...]
No. 1 ladies’ investment club September 2, 2010 FORMING SCM Ladies Investment Club has realised a passion for Gina Miller. The marketing impresario is not afraid of a challenge and her next one is to try to inform wealthy and successful women how to invest for themselves. Miller is impeccably dressed and looks far younger than her 46 years. The mother of three, [...]
Individual banks buck dreary session as volumes stay thin August 4, 2010 LONDON equities ended flat yesterday as better-than-expected US services and private sector employment figures offset weaker retail shares that fell on concerns of a decline in consumer demand. The choppy session witnessed weaker banks, with the STOXX Europe 600 banking index down 0.4 per cent. Standard Chartered fell 5.2 per cent despite forecast-beating earnings, as [...]
Quintain JV sells offices at Pier Walk August 9, 2010 REAL estate investor Quintain has sold its Pier Walk development near Canary Wharf to DekaBank, Germany’s largest open-ended fund manager, for £97.1m. Quintain, which owned the seven-story building at Greenwich Peninsula in a joint venture with Bovis Lend Lease, said the sale represents a six per cent uplift on the property’s valuation in March and [...]
CITY MOVES | WHO’S SWITCHING JOBS July 25, 2010 Chartered Insurance Institute Chris Hanks, currently a management board member at Allianz UK, has been elected as the 114th president of the CII, taking over from Fortis UK chief executive Barry Smith. Hanks, pictured, joined Allianz in 1999 and is currently general manager responsible for the commercial business at Allianz UK. In addition, Julian James, [...]
CITY MOVES | WHO’S SWITCHING JOBS July 25, 2010 Chartered Insurance Institute Chris Hanks, currently a management board member at Allianz UK, has been elected as the 114th president of the CII, taking over from Fortis UK chief executive Barry Smith. Hanks, pictured, joined Allianz in 1999 and is currently general manager responsible for the commercial business at Allianz UK. In addition, Julian James, [...]