Hello, Jan du Plessis: BT set to tap Rio Tinto boss as new chairman March 5, 2017 BT Group is expected to name Rio Tinto boss Jan du Plessis as its new chairman. Du Plessis has emerged as the frontrunner for the role, beating HSBC group chairman Douglas Flint, according to the Sunday Times. Du Plessis has also served as chairman of SAB Miller and overseen its sale to Belgian-Brazilian beer firm Anheuser-Busch [...]
Security firm G4S reports results this week March 5, 2017 Security firm G4S will be reporting its 2016 full year results on Wednesday, the same day as the budget. This week’s numbers will spotlight the extent to which the group’s chief exec, Ashley Almanza has been successful in turning around the beleaguered company. Investors will be keen to see what progress the company has made [...]
Aviva and Legal General set to report profit rises March 5, 2017 Insurers Aviva and Legal & General are expected to report profit rises when they report on Wednesday and Thursday respectively next week. Analysts expect Aviva’s full-year operating profits to rise 8 per cent to £2.9bn and Legal & General is likely to advise operating profit increases of £1.6bn, an increase of 13 per cent, compared [...]
Are university degrees worth having? These are the majors you should avoid March 3, 2017 Whether you’ve been to university or not, you’ve probably asked yourself the question – are degrees worth it? A report by salary benchmarking site Emolument which assessed 1,800 professionals has revealed that over two thirds of degree holders do not regret the time they spent at university. Satisfaction with qualifications increased the more time had [...]
Tata Steel bidder Thyssenkrupp comes under pressure from investors to consider alternative strategies March 3, 2017 The German industrial firm vying to pick up Tata Steel is plotting alternative strategies if the deal to save Britain's largest steel operator fails. Thyssenkrupp is considering spinning off its European steel division into a separate company that could be listed, according to reports today by German publication WirtschftsWoche. Read more: Tata Steel pension scheme edges towards safety [...]
Vodafone launches recruitment programme specifically for those on a career break March 3, 2017 Vodafone has unveiled a new programme specifically recruiting those who have taken a career break. The telecoms giant is on the hunt for 1,000 new hires across the world in the next three years. Half of these will be in frontline roles such as shops and call centres, and the other half in managerial positions. Read [...]
City Moves for 3 March 2017 – who’s switching jobs? March 3, 2017 Today's City Moves cover legal eagles, professional services and biopharmaceuticals. Take a look at these movers and shakers: Atkin Chambers Chantal-Aimee Doerries has been elected head of chambers at Atkin Barristers Chambers, which specialises in construction, engineering and infrastructure. Chantal-Aimee has just spent a year as chairman of the Bar of England and Wales. She [...]
International firms continue bringing overseas talent to the UK despite Brexit doubts March 3, 2017 Global companies have continued to move highly-skilled overseas workers to the UK despite uncertainty following the Brexit vote, according to law firm Pinsent Masons. The number of intra-company transfer (ICT) visas, which allow companies to transfer skilled non-EEA workers to the UK, granted in the six months after the Brexit vote have risen three per cent. ICT visas [...]
Private equity buyouts of UK companies start year at highest level ever March 2, 2017 Private equity buyouts of UK companies have surged to record the fastest start to a year since at least 2001 as investors look to put money to work. Deal value to this point has increased by 73.3 per cent year-on-year, according to data company Mergermarket. There have been 30 private equity buyouts in the first [...]
The honest truth about bare-faced lies on your CV March 2, 2017 The annual survey on graduate data fraud by UK Higher Education Degree Datacheck consistently shows that around a third of people are not entirely truthful when applying for jobs, whether by adding a slight embellishment to their academic qualifications, or telling outright lies. But employers never really check the details on your CV, right? Wrong. [...]