City Moves for 12 November – who’s switching jobs at UHY Hacker Young, Panmure Gordon and McCarthy Denning? November 12, 2018 Who’s on the move today? UHY Hacker Young UHY Hacker Young, the national accountancy group, has appointed Myles Jacobson as partner in its Turnaround & Recovery team in London. Myles has over two decades of experience working in insolvency and restructuring and joins from specialist business recovery practice Streets SPW, where he was a partner. He [...]
Workers in the capital deserve to be paid the London Living Wage November 9, 2018 Few people would disagree that if you get up, go to work every day, and put in the hard graft, then you deserve to earn an income you can live off. And yet, nearly a fifth of all jobs in our city do not pay a subsistence wage, leaving hundreds of thousands of Londoners struggling [...]
Women, beware the narrative of victimhood this Equal Pay Day November 9, 2018 Ah, it’s that time of year again. Tomorrow, the Equal Pay Day campaign will tell women that they are now “working for free” until the end of the year. We’ll be told that our male colleagues will receive a full salary, while women are being undervalued and discriminated against in the workplace, and that the fight [...]
City Moves for 9 November – who’s switching jobs at Baker Botts, Duff & Phelps and Just Eat? November 8, 2018 Who’s making a move on up today? Baker Botts Baker Botts, the international law firm, today announced that Matthew Levitt has joined the firm’s antitrust practice as a partner. Matthew, recognised as one of the leading competition lawyers in Europe, will be based in the Brussels office. Matthew’s practice has focused on EU and international [...]
Mind your own business and stay out of Persimmon’s bonus scheme November 8, 2018 The news that Jeff Fairburn has been asked to leave Persimmon in the wake of the furore over his £75m bonus should not come as a surprise. There is a febrile atmosphere of media scrutiny when it comes to such matters, and shareholders had already branded the long-term incentive scheme pay-out as “grossly excessive”. Unfortunately, [...]
Food can’t save M&S as it posts weak results again November 8, 2018 High street bellwether Marks and Spencer issued another disappointing set of figures yesterday and warned that sales are unlikely to pick up any time soon. Shares closed down 0.5 per cent, having been over three per cent down earlier in the day. M&S warned of tough trading conditions due to fierce competition from online competitors [...]
City Moves for 8 November – who’s switching jobs at Civilisedbank, Legal & General and Avon? November 8, 2018 Who’s switching jobs today? Civilisedbank Civilisedbank, the digital small and medium enterprise (SME) bank with relationship managers, announced the appointment of commercial finance expert Nick Baker as head of intermediaries. Nick joins from a national commercial mortgage broker, where he was managing director for five years, responsible for day-to-day operations and the development of the [...]
Royal Mail shakes up management after series of setbacks as senior executive departs November 7, 2018 One of Royal Mail's top executives has agreed to step down from her role as the postal service shakes up its senior management following a series of knocks to its share price. Sue Whalley, head of the UK post and parcels division, will depart in March next year, and has left the board with immediate [...]
City Moves for 7 November – who’s switching jobs at Dolfin, Brewdog and Whistl? November 6, 2018 Who’s switching jobs? Check out these movers and shakers… Dolfin Dolfin, the independent and agile wealth management platform, has appointed Richard Gray as head of investment management, a newly created role within the firm. In his new position, Richard will lead Dolfin’s investment team and further strengthen its asset management capabilities to best meet the [...]
Ad giant bids farewell to Dame Cilla Snowball November 6, 2018 Advertising supremo and major City figure Dame Cilla Snowball revealed today that she is stepping down from her role as group chairman and chief executive of Abbott Mead Vickers (AMV) BBDO. The boss of the UK’s largest advertising agency is bringing an end to a 26-year stint at AMV, with plans to pursue a portfolio-based [...]