City Moves for 19 January 2016 | Who’s switching jobs January 19, 2016 Bryan Cave International law firm Bryan Cave has announced two new appointments to its London office. Corporate partner Sarah Atkinson joins the transactions client service group from Hogan Lovells. Associate Yannis Erifillidis joins the financial services client service group from Norton Rose Fulbright. Sarah’s experience concentrates on cross-border M&A, private equity and general corporate advisory work. [...]
The bear is back: Experts warn the FTSE 100 is on the brink as global market volatility continues January 19, 2016 Fears that the FTSE 100 could be dragged into bear market territory deepened yesterday as global equities were gripped by volatility in another day of torrid trading. The FTSE 100 has so far managed to fend off falling into the bear trap, trading around 19 per cent off its all time high of 7,103 in April [...]
Ryanair flight FR2224 flight from Riga to London Stansted delayed for 13 hours January 18, 2016 Hundreds of Ryanair customers have been stranded at Riga International Airport in Latvia after a number of flight delays. Passengers trying to fly to Stansted Airport in London on the budget airline's FR2224 flight have been stuck in the Latvian capital since this morning. The flight was originally scheduled to leave Riga at noon and arrive in [...]
Labour’s latest attack on private enterprise January 18, 2016 There’s a popular game called Cards Against Humanity that shocked and delighted families around the table this Christmas. The idea is simple: one card contains the fairly innocuous opening part of a sentence and a second card is then offered that completes the phrase in a particularly vulgar, amusing and random fashion. Hilarity ensues. The [...]
City Moves for 18 January 2016 | Who’s switching jobs January 18, 2016 Ardian Olivier Piani (pictured) has joined the real estate arm of independent private investment company Ardian as senior adviser and chairman of its investment committee. He joins from Allianz Real Estate where he was chief executive since 2008. Olivier has also been chief exec at GE Capital Real Estate Europe, chief exec of UIC-Sofal and [...]
Time to give challengers a fair chance: Top City regulator urged to increase competition among banks January 18, 2016 The City's top regulator is being urged by to “do whatever is required” to increase competition in the banking sector by reducing entry barriers for challenger banks. Treasury Select Committee chairman Andrew Tyrie revealed today that he has written to Andrew Bailey, deputy governor at the Bank of England, asking for the prudential regulation authority [...]
Low inflation in 2015 battered businesses as consumers rejoiced January 18, 2016 Businesses lost out to the tune of £16.8bn last year due to low inflation, new research given to City A.M. shows. Prices were only 0.1 per cent higher in November than a year ago, well below the Bank of England’s two per cent inflation target, and hovered around zero per cent for most of 2015. [...]
London small business confidence booming but UK north-south divide becomes apparent January 18, 2016 London’s small businesses are in a buoyant mood and are expecting a strong start to 2016, new survey figures published today reveal. In the fourth quarter of 2015, the Federation of Small Businesses’ (FSB) gauge of confidence – compiled from a survey of 144 London firms – climbed to a score of 25 points from [...]
Let local leaders rule on infrastructure projects January 15, 2016 We will have to wait until at least the summer before the government is ready to make a decision on airport expansion. Would you be surprised if it finds some reason to put it off again? No full-length runway has been built in the south east since the Second World War, and the continuing delay [...]
City Moves for 15 January 2016 | Who’s switching jobs January 15, 2016 LendInvest Online lender for short-term property finance LendInvest has appointed Ruth Pearson as its first in-house legal counsel. Ruth joins LendInvest from Simmons & Simmons where she was a managing associate in the banking team. She joined Simmons & Simmons as a trainee in 2007 and qualified in 2009. During her eight years in private [...]