CITY MOVES | WHO’S SWITCHING JOBS September 6, 2011 Emap International Duncan Painter has been appointed as chief executive of the publisher and events business to replace David Gilbertson, who stepped down in May. Painter is currently managing director of the BSkyB subsidiary Sky IQ, which provides customer intelligence services to BSkyB and FTSE 100 firms including Centrica and Zurich Financial Services. Previous roles [...]
Huhne Bill to spark higher energy costs July 10, 2011 CHRIS Huhne, the energy secretary, is set to reveal the most radical reforms of Britain’s electricity market for two decades, in a move that will see household bills further increased in the coming years. The government will publish a white paper tomorrow designed to give utility companies the £110bn financial incentives needed to invest in [...]
Huhne Bill to spark higher energy costs July 10, 2011 CHRIS Huhne, the energy secretary, is set to reveal the most radical reforms of Britain’s electricity market for two decades, in a move that will see household bills further increased in the coming years. The government will publish a white paper tomorrow designed to give utility companies the £110bn financial incentives needed to invest in [...]
END OF AN ERA AS CITY SAYS FAREWELL TO TOP LINKLATERS PARTNER September 22, 2011 IT WAS “hangover central” in the City yesterday, said one mole, thanks to some enthusiastic networking at the City A.M. awards that continued into the early hours of Thursday morning in the basement nightclub in the Grange Hotel at St Paul’s. However, the retirement party for Linklaters senior partner David Cheyne on the same evening [...]
Marubeni considers North Sea retreat June 19, 2011 A JAPANESE trading conglomerate is the latest firm to consider leaving its oilfield in the North Sea following George Osborne’s 12 per cent tax hike on the industry. Marubeni Corporation has put up for sale all but one of its North Sea oilfields, according to a weekend report. It is said to have hired Standard [...]
Marubeni considers North Sea retreat June 19, 2011 A JAPANESE trading conglomerate is the latest firm to consider leaving its oilfield in the North Sea following George Osborne’s 12 per cent tax hike on the industry. Marubeni Corporation has put up for sale all but one of its North Sea oilfields, according to a weekend report. It is said to have hired Standard [...]
Scottish and Southern the latest utility to hike fuel bills July 21, 2011 SCOTTISH & Southern Energy (SSE) yesterday became the third large British energy supplier to hike its fuel prices this summer. Electricity bills will increase by 11 per cent and gas will go up by 18 per cent from 14 September, affecting 8.8m households in Britain, the utility firm warned in a statement. Customers on duel [...]
More firms poised to raise fuel prices July 24, 2011 MORE than 12m customers, including households and small businesses, will next month see their gas and electricity bills increase by up to £200 a year. While half of the UK’s “Big Six” utility companies have now raised their fuel prices, the remaining three – Npower, EDF and E.ON – are expected to follow suit in [...]
Huhne: hurt energy firms June 12, 2011 CHRIS Huhne yesterday called on energy consumers to “hurt” their suppliers by finding a cheaper alternative rather than accept price hikes “lying down”. “Consumers don’t have to take price increases lying down,” the energy secretary said. “If an energy company hits you with a price increase, you can hit them back where it hurts – [...]
Asset manager list shows who is best in class September 11, 2011 A NEW list of the top young asset managers has highlighted the growing importance of emerging markets. More than a quarter of the young asset managers who made the Financial News “40 under 40” list either invest directly in emerging markets or have spent time working or researching in developing countries. The list also reflects [...]