Metro Bank chief joins the City abseil bonanza September 21, 2014 NOT ONLY have people been gaining access to some fantastic buildings this weekend, a lot of people have also been zooming down the outside of them, too. Friday saw the Lord Mayor Fiona Woolf and Lloyd’s chief exec Inga Beale abseil down the side of the Lloyd’s building. Yesterday Metro Bank employees, chief exec Craig [...]
Run on the Bank of England or is it just Open House weekend? September 21, 2014 Anyone walking past the Bank of England yesterday would’ve been forgiven for thinking there was a Northern Rock-style run on the Bank, as a queue formed right around the historic building and down the street. Luckily, it was just Open House weekend. The Cheesegrater, The Gherkin and The Lloyd’s Building also welcomed visitors for a [...]
Three things you didn’t know about… September 21, 2014 Co-founder and managing partner of WestBridge Capital Guy Davies 1 Despite growing up in Nottinghamshire, when it comes to the beautiful game Guy is a Chelsea fan and has held a season ticket since 2004. 2 He’s not afraid of leaving terra firma – he’s been a PADI-certified scuba diver since 1999 and once dived [...]
The FTSE 100’s Twitter power-users (and its social flops) September 21, 2014 FTSE 100 companies have upped their game on Twitter according to social media agency Battenhall, sending out a total of 1.4 million tweets in the past year compared with 582,227 in 2013. The agency puts companies’ increased efforts on Twitter down to the US Securities and Exchange Commission’s 2013 legislation, which gave firms permission to [...]
Every Lidl helps when it comes to boosting local house prices September 21, 2014 Living close to a discount store such as Lidl can increase the price of your property by almost £30,000, according to research released today. Research by online estate agents Housesimple.co.uk looked at the location of Lidl supermarkets in some of the major towns and cities across the UK and found that, in 80 per cent [...]
Insurers power ahead to keep London on top September 21, 2014 INSURANCE COMPANY of the year Insurance is the one of the great success stories of the British financial services industry. Our insurers are powering ahead helping London to maintain its place as the centre of world finance. And the sector is contending with the government’s shake-up of pension rules by ending compulsory annuities. Almost all [...]
Chuka Umunna: More power for London and the regions – but not for me September 21, 2014 The shadow business secretary has been hailed as his party’s next big thing so many times the joke is starting to wear a little thin. Chuka Umunna scoffs at the suggestion that shadow chancellor Ed Balls could be shuffled out before the general election, making way for him to step up. “There will be no [...]
Ethiopian order with Boeing is biggest from an African airline September 21, 2014 BOEING has announced that has received its biggest order of planes from an African airline after Ethiopian Airlines decided to purchase aircraft worth $2.1bn (£1.3bn). Ethiopian Airlines will buy 20 Boeing 737 Max 8 planes, with the option to buy a further 15 of the single-aisle aircraft. Ethiopian Airlines chief executive Tewolde Gebremariam said: “(The) [...]
Velocys-backed fuel plan gets $70m US grant for new plant September 21, 2014 ENERGY innovator Red Rock Biofuels has been awarded a $70m (£43m) grant to construct a biomass-to-liquids (BTL) plant in Oregon incorporating Velocys Fischer-Tropsch technology. “We are very pleased to see the Red Rock project moving ahead,” said Roy Lipski, the chief executive of Velocys – a technology innovator for smaller scale gas-to-liquids. “This $70m government [...]
City Moves for 22 September 2014 | Who’s switching jobs September 21, 2014 Altium The mid market financial advisory group has announced two appointments to its UK debt advisory practice. Simon Chambers (pictured) and Richard Clark both join as managing directors from DC Advisory. Clark has also held roles at Close Brothers, Houlihan Lokey and JP Morgan. Chambers has previously worked at Barclays, and also as an engineer [...]