Why Chelsea boss Jose Mourinho needs to mend his row with Diego Costa – and then try to lure Leicester’s Jamie Vardy December 1, 2015 NULL
City Moves for 2 December 2015 | Who’s switching jobs December 1, 2015 TAYLOR WESSING The law firm has appointed Emma Jordan as head of contentious trusts in its private client practice. She joins from Wragge Lawrence Graham & Co, where she was a contentious trusts and litigation partner. Jordan has a particular focus on advising and representing trustees and high net worths in litigation. LV= The insurance, [...]
Good health cheers Dow at month’s start – New York Report December 1, 2015 Health and consumer shares bounced back yesterday while car sales suggested upbeat growth in November, giving the markets a positive start to December. The Dow Jones industrial average rose 168.43 points, or 0.95 per cent, to 17,888.35, the S&P 500 gained 22.22 points, or 1.07 per cent, to 2,102.63 and the Nasdaq Composite added 47.64 [...]
Libor scandal trader Tom Hayes’s lawyer tells Court of Appeal he was denied a fair trial in an appeal against the 14-year sentence on eight charges of conspiracy to defraud December 1, 2015 Tom Hayes’s name was back in court again today, as his lawyers argued to the Court of Appeal that the former trader was denied a fair trial. According to Reuters, the legal team for Hayes, who was found guilty of eight charges of conspiracy to defraud and sentenced in August to 14 years in jail [...]
Give industry some space, pleads British Property Federation, as the industrial sector faces increasing competition from housing for land December 1, 2015 The British Property Federation (BPF) has warned government not to neglect industrial development in favour of building housing. In a report released today, the BPF highlights the importance of the industrial sector for economic growth. The BPF also points out the crucial role the industrial sector plays in logistics, generating £100bn in gross value added [...]
Record M&A boom could lead to $2 trillion in cost savings after $4.9 trillion of deals in two years December 1, 2015 The global boom in M&A could result in nearly $2 trillion (£1.33 trillion) in savings for companies, according to data from Deloitte. Since January 2014, $4.9 trillion-worth of corporate deals have been announced, and if all the cost-savings promised are delivered, companies could add between $1.5 and $1.9 trillion to their value, making the annualised savings worth around three to [...]
London airport expansion: Business reacts to government “dithering” on Heathrow decision December 1, 2015 Business groups have responded with apprehension after the government pushed back the decision on whether to build a third runway at Heathrow until next week, and demanded urgent action. It was anticipated that the government’s decision on the controversial issue would come this week, but a senior transport source told City A.M. that the verdict is not [...]
Volkswagen US sales plummet 25 per cent in November December 1, 2015 A sign of things to come for troubled car manufacturer Volkswagen? The company's US sales fell 24.7 per cent in November, compared with the year before – with sales of the Golf falling 64 per cent. The company shipped 23,882 units in November, down from 31,725 during the same month last year. In the year [...]
BBC offices evacuated at Broadcasting House and Regent Street cordoned off around Portland Place after brief security alert due to suspicious vehicle December 1, 2015 The are around the BBC's London offices at Portland Place have been cleared after being cordoned off following reports of a suspicious vehicle. Some staff from New Broadcasting House, a short walk from busy Oxford Circus, were evacuates from the area by Police and the area outside cordoned off. Other BBC staff remained in the building, [...]
US manufacturing contracts for the first time since 2012 – has it just scuppered Janet Yellen’s plans for an interest rate hike? December 1, 2015 Unnerving times for Fed-watchers, after figures published today showed US manufacturing contracted in November for the first time since 2012. The Institute for Supply Management's New Orders Index registered a score of 48.9 per cent in November, four percentage points lower than November's 52.9 per cent – and its weakest since June 2009. For those nervously [...]