In the new age of cyber warfare, finance firms are on the front line October 15, 2018 Throughout history, the job of the nation state has been to protect citizens from a range of threats, be that disease, famine, or foreign invasion. In an analogue world, these threats were physical in nature and, as a result, mostly localised. The threat landscape is radically different in a connected, digital world. Critical infrastructures, from smart [...]
Cenkos boss steps down after profits vanish October 9, 2018 Stockbroker Cenkos Securities surprised the City this morning after announcing its chief executive is to step down in the wake of tumbling profits. Boss Anthony Hotson will leave his post at the end of the month, putting an end to a 12-month reign which was dampened last month when Cenkos halved its dividends and posted [...]
Hiring for success with Joss Search founder and recruitment expert Sivan Joss October 8, 2018 Recruitment gets a bad rep. There’s a cliche that recruiters are wheeler-dealers, who always call at the worst time, don’t listen to what candidates or clients want, and are just scheming to get jobseekers into any role possible, regardless of whether or not they’re qualified. But while some of you reading may have had bad [...]
London comes top in overseas investment ranking as Asian demand flourishes October 8, 2018 London has kept its crown as the world’s most popular city for global real estate investment, according to a new report that sheds light on the burgeoning overseas demand for commercial property in the capital. Buoyed by an influx of Asian money, London has now held its position as the top city for cross-border investment [...]
Ocado claims the FTSE 350 crown while Indivior takes a kicking October 2, 2018 Online supermarket Ocado has claimed the top spot in the FTSE 350’s best performers so far this year just months after sealing its place as a FTSE 100 player, with shares soaring after a swathe of new licensing deals. Shares in Ocado have rocketed 126 per cent since the start of 2018, as the firm [...]
CEOs should get out of the board room spend time on the shop floor October 2, 2018 In a recent study, nearly 80 per cent of consumers stated that the average brand doesn’t understand them. This hints at a worrying disconnect in business, particularly at a time when changing attitudes among consumers and workforces mean leaders should be connected to what is going on outside of their office door. The day-to-day demands [...]
DAC Beachcroft unveils plans to merge offices in new City HQ October 1, 2018 Global law firm DAC Beachcroft is to merge its City offices under one roof next year, in a move to create a new global headquarters in the heart of the Square Mile. Roughly 50,000 square feet will be taken up in Beachcroft’s move to The Walbrook building, where its team of lawyers are expected to [...]
Self-storage giant Shurgard gears up for €2bn-€2.4bn listing amid plans to fund Kensington store October 1, 2018 Europe’s largest owner and operator of self-storage centres revealed plans for a €2bn (£1.78bn) float on Euronext Brussels this morning. Luxemburg-based Shurgard, which owns a swathe of European facilities, including 28 in London and the Thames Valley, is gearing up for an initial public offering (IPO) which will partially go towards financing the expected acquisition of a Kensington [...]
Versace set to walk the runway with rumoured sale ‘within hours’ September 24, 2018 Shares in fashion brand Michael Kors are down more than eight per cent on rumours that it is in talks to buy Versace. Fashion kingpin Versace is rumoured to be “within hours” of being sold, according to Italian news reports which emerged early this morning. Newspaper Corriere della Sera, which has cited unnamed sources, [...]
Gold rush: Barrick Gold to merge with Randgold in $18.3bn deal September 24, 2018 Two of the world’s largest gold producers are set to merge as Canada’s Barrick Gold said it has agreed to buy London-listed Randgold Resources in a shock $18bn (£13.7bn) deal. In plans to create what Barrick Gold and Randgold Resources hailed as an “industry-leading gold company”, the companies will be hoping to cement their [...]