SMEs will save the UK… but my kids are all learning Spanish just in case July 12, 2010 WOL KOLADE, managing partner at Isis, is worried. The future of private equity – and the UK economy as a whole – is at a turning point, he says, and he’s not sure which way things will go. And when Kolade worries, people should listen – he knows what he is talking about. He joined [...]
Bank and industry stocks up as FTSE 100 breaks 5,300 July 22, 2010 The FTSE 100 index jumped 1.9 per cent yesterday, boosted by strong banks ahead of today’s European stress test results, and by firmer miners and oils as US stocks rallied on earnings and data. Britain’s top share index closed up 99.17 points at 5,313.81, ending above 5,300 for the first time since 18 May, the [...]
Bank and industry stocks up as FTSE 100 breaks 5,300 July 22, 2010 The FTSE 100 index jumped 1.9 per cent yesterday, boosted by strong banks ahead of today’s European stress test results, and by firmer miners and oils as US stocks rallied on earnings and data. Britain’s top share index closed up 99.17 points at 5,313.81, ending above 5,300 for the first time since 18 May, the [...]
CITY MOVES | WHO’S SWITCHING JOBS June 3, 2010 Deloitte The business advisory firm has appointed Vince Niblett as the new global leader of Deloitte Touche Tohmatsu’s audit and enterprise risk services practice. Niblett originally joined Deloitte in 1980 and has since been seconded to a number of assignments across the globe, including posts in Australia, Luxembourg, the Middle East and South America. He [...]
Mulberry opens new flagship May 24, 2010 MULBERRY has secured a deal to move into a new flagship store in Mayfair in another sign that the luxury goods market is seeing a bounce back after the recession. The company has signed a 25-year lease for 50 New Bond Street on a rent of £1.4m a year. The company’s handbags, sported by the [...]
Mulberry opens new flagship May 24, 2010 MULBERRY has secured a deal to move into a new flagship store in Mayfair in another sign that the luxury goods market is seeing a bounce back after the recession. The company has signed a 25-year lease for 50 New Bond Street on a rent of £1.4m a year. The company’s handbags, sported by the [...]
Battle of the banks July 8, 2010 SOME OF the City’s most powerful names are gearing up for an almighty bidding battle over state-controlled banking assets including Northern Rock and parts of Lloyds Banking Group. Lloyd’s of London chairman Lord Levene and City grandee Sir David Walker will take on Richard Branson’s Virgin money in a fight to create a new nationwide [...]
CITY MOVES | WHO’S SWITCHING JOBS May 25, 2010 Electra Private Equity Electra has appointed Colette Bowe as chairman after three years on the board. Bowe, an economist, began her career at the Department of Trade and Industry and then became chief executive of the Personal Investment Authority and chairman of European asset management at Robert Fleming. She is currently a board member at [...]
CITY MOVES | WHO’S SWITCHING JOBS May 25, 2010 Electra Private Equity Electra has appointed Colette Bowe as chairman after three years on the board. Bowe, an economist, began her career at the Department of Trade and Industry and then became chief executive of the Personal Investment Authority and chairman of European asset management at Robert Fleming. She is currently a board member at [...]
Housing market is looking healthier June 28, 2010 THE long upwards run for house prices has ground to a halt. The recent history of UK house prices has confounded many commentators: values plunged when the credit crunch hit, albeit not as much as in the US, then regained over half of their losses over the past year. The present return to stagnation makes [...]