City Moves for 10 February 2017 – who’s switching jobs? February 10, 2017 Squire Patton Boggs Squire Patton Boggs has appointed Ian Wood as a partner in its global energy and natural resources practice group in the London office. Ian joins the firm from the energy and infrastructure group at King & Wood Mallesons in London, along with senior associate Rebecca Slater from his previous team. Ian has expertise in power [...]
Investment company targeting Middle East e-commerce floats on Nex February 10, 2017 A new investment company targeting the Middle East e-commerce sector is listing on the Nex Growth Market today. Dealings of ordinary shares on the company, Indigo Holdings, will start at 8am. Read more: British exporters look to Middle East and Asia to avoid Brexit uncertainty The investment firm has raised more than £800,000 from the [...]
British workers are turning American in their attitudes to holiday February 10, 2017 You work hard all year round. You have ups and downs, appraisals and feedback, but all in all you put the graft in at work. This is true for a lot of workers in my experience, so why are so many Britons now taking fewer breaks? Research by ebookers.com has found that 40 per cent of [...]
Self-inflicted sickies and write-off days cost UK economy £73bn February 9, 2017 Workers in the UK forfeit more than a month productivity each year through absence and underperformance caused by illness, according to Vitality. The new analysis of the insurer’s Britain's Healthiest Workplace survey – carried out by researchers from Cambridge University, RAND Europe and Mercer – lays the blame squarely on employees, with half of days off caused by [...]
Retail investors welcome Brexit for their portfolios but think Trump will harm their investments February 9, 2017 Almost half of the UK’s retail investors think Brexit will have a positive effect on their investment portfolios, a new survey says. The poll also found the same proportion, 44 per cent, of retail investors thought the Presidency of Donald Trump would benefit their investments, according to the poll by IW Capital. While many economists expect [...]
Henderson shares hit as fund manager reports £4bn outflows February 9, 2017 Henderson Group’s shares dropped three per cent on Thursday after the fund manager reported outflows of £4bn last year. The figures Assets under management (AUM) grew 10 per cent during the year, closing 31 December at £101bn, as market gains more than offset the net outflows. The company reported underlying pre-tax profits of £212.7m, down [...]
Here’s how much less millennial men are earning February 9, 2017 Were you born after 1980? Are you a man? You're probably earning less than previous generations were at the same age. Millennial men have earned less than generation X (those born before 1980) every single year of their 20s, new figures reveal. And by the time they reach 30, the cumulative loss in earnings compared to the [...]
GDPR is the biggest ever overhaul of data protection regulations, yet few businesses are remotely prepared for it February 9, 2017 Eclipsed by the rising moons of Trump and Brexit, the EU General Data Protection Regulation (GDPR) is approaching fast. And yet, with just 14 months until enforcement, very few businesses are prepared, let alone aware of what it entails, or its myriad implications. A Veritas study in December found less than half had set in motion [...]
City Moves for 9 February 2017 – who’s switching jobs? February 9, 2017 McGuireWoods McGuireWoods London has added firepower to its debt finance and derivatives practice with the arrival of partner Jennifer Kafcas, who brings 17 years of experience advising lenders and borrowers in complex structured and cross-border transactions in Europe and the US. She has specialist knowledge of the bond, leverage finance and derivatives markets and documentation [...]
Meet Julia Salasky, founder of CrowdJustice – the platform bringing the legal system to everyone February 9, 2017 Debt, equity, rewards and donations – those are the categories of crowdfunding that have emerged over the past decade, creating an industry that has raised over $8bn worldwide. But despite the heady growth, the youth of crowdfunding means we’ve only just seen the start of what each of these categories can do in terms of [...]