London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
City Moves for 8 November 2016 | Who’s switching jobs November 8, 2016 Dechert John Markland and Ross Allardice have joined law firm Dechert as partners in London. John was the founding partner of the London finance practice at Kirkland & Ellis and Ross was a corporate private equity partner at White & Case. John focuses his practice on acquisition finance, debt restructurings and other event-driven finance transactions. Over the course [...]
Brexit opening up a whole new world of work for lawyers November 8, 2016 June's vote for Brexit has shaken up the legal industry, including revealing lucrative pockets of work for lawyers, according to a report published today. The Natwest study highlighted how lawyers are becoming increasingly in demand as the "sheer complexity of the regulatory and legislative changes needed to support the UK's exit from the EU becomes clearer". However, [...]
Better, not less, red tape would really help financial firms November 8, 2016 Red tape needs to be cleaned up rather than cut to boost the financial sector, a report out today argues. In particular, the Confederation of British Industry (CBI) found that uncertainty surrounding the direction regulation was heading could be making firms nervous about allocating resources to projects, as they desperately try to second guess what rules will come [...]
Retail sales up in best month since January November 8, 2016 UK retail sales were up 1.7 per cent from last October, boosted by strong online sales of 11 per recent in the last three months. Shoppers appear to be unfazed by the prospect of Brexit and the declining pound and are continuing to spend. However, the drop in Sterling is likely to have led to [...]
Construction begins on Europe’s tallest modular residential block November 8, 2016 Work has begun on Europe's tallest modular residential tower block, the latest innovation scheme to help combat London's housing crisis. The 26-storey tower will be built in Mapleton Crescent in Wandsworth, and is constructed entirely from modular units – compact flats assembled in factories before being installed with cranes. Read more: How innovation is transforming the property industry The 89-unit [...]
Black Friday could end up being a flop-day this year November 8, 2016 Demand for bagging a bargain on Black Friday has dropped this year, as the novelty of the promotions day seems to be wearing off. Just 21 per cent of consumers say they will take advantage of the Black Friday promotions this year, on a day intended to drum up sales as retailers slice their prices. This is [...]
UK named as repair hub for F-35 jets in defence industry boost November 7, 2016 The UK has been named as a global repair hub for the F-35 fighter jet. The Ministry of Defence (MoD) said the hub would provide repair, overhaul, and upgrade services, and is expected to generate hundreds of millions of pounds for the industry. “This establishes Britain as a hub for all European F-35s and is [...]
Prime Minister Theresa May extends visa sweetener to India November 7, 2016 Prime Minister Theresa May has today promised a more polished version of the UK's visa deal with India. This summer's Brexit vote has raised a number of questions surrounding the UK's approach to freedom of movement of people, both within the EU itself and further afield. Speaking at a press conference as part of her trade [...]
Sandwichgate: How Sports Direct spied on MPs with a camera hidden in sandwiches November 7, 2016 Shocked MPs were left fuming after staff at Mike Ashley's Sports Direct apparently attempted to spy on them using a camera hidden under a plate of sandwiches. Members of the business select committee paid the controversial retailer's Shirebrook site a surprise visit earlier today, as part of a long-running investigation into conditions at the company. [...]