City Moves for 13 April 2016 | Who’s switching jobs April 13, 2016 Peel Hunt Peel Hunt, the independent corporate broking, advisory and trading house focused on UK mid and small caps, is pleased to announce the appointment of Simon Gardner-Bond (pictured) to the role of natural resources specialist sales, effective immediately. Simon joins from Investec Asset Management, where he worked for five years as a senior analyst [...]
Parental income has an effect on what you earn when you graduate, new research reveals April 13, 2016 Everyone knows that what and where you study has an impact on earnings – but now it’s been confirmed that your parents’ income has an effect as well. Graduates from richer family backgrounds earn significantly more than their poorer counterparts, even after completing the same degrees at the same universities, according to new research from [...]
London mayoral election 2016: City A.M.’s debate between Conservative Zac Goldsmith and Labour’s Sadiq Khan – the Unregulated podcast April 12, 2016 London's mayoral election frontrunners went head to head at a debate hosted by City A.M. tonight, and the main points of the discussion can be heard on this podcast. Conservative hopeful Zac Goldsmith and Labour candidate Sadiq Khan covered a wide range of topics during the heated hustings, which were chaired by City A.M. editor [...]
Westminster stage descends into farce April 12, 2016 They say politics is show business for ugly people, in which case the current production in Westminster is most certainly a farce. Indeed, it could even be a pantomime. The central villain is the Prime Minister – dubbed “Dodgy Dave” by left-wing bore, Dennis Skinner MP. (The old socialist was kicked out of the Commons by Speaker [...]
City Moves for 12 April 2016 | Who’s switching jobs April 12, 2016 Bfinance Bfinance, the independently owned investment consultancy, has appointed Peter Hobbsas managing director of private markets in the London office. He joins from MSCI where he was managing director for real estate research and key global accounts, responsible for benchmarking and portfolio analysis, risk services and method development. Prior to this, Peter held various senior [...]
Consumer spending hit a two year low in March as bad weather put people of clothes shopping – Barclaycard April 12, 2016 Consumer spending growth slowed to just 1.6 per cent in March, its lowest level in two years, as consumers reined in purchases in nearly all categories. The figure marked the third successive month of a spending slump and dragged down overall growth for the first three months of the year to 2.8 per cent – [...]
Russia back on the map with investors after two year hiatus, Credit Suisse banker says April 11, 2016 Investors are starting to look at Russia again after cutting off exposure amid geopolitical tensions two years ago, the head of Credit Suisse's $60m (£42m) Russian Equity Fund said. There are no big inflows yet but a rebound in Russian stock markets in the past few months as the oil price and the rouble have [...]
Labour is determined to keep pressure on David Cameron over Panama Papers and tax revelations April 11, 2016 Things go from bad to worse for David Cameron. Downing Street spent much of last week avoiding questions over the PM’s connections to offshore funds, before having to concede that he did, in fact, once own shares in his late father’s offshore trust, Blairmore Holdings. Cameron’s critics often reduce his professional experience to having been “a [...]
Commercial rents rocket across capital – with prices in Shoreditch tripling and Clerkenwell, Farringdon and St James’s property rates doubling April 11, 2016 London's commercial rents have surged by an average of 70 per cent over the last five years, according to new research. Figures from EY show that areas including Clerkenwell, Farringdon, and St James’ have seen prices charged to rent out commercial property double. Rents in Shoreditch have almost tripled, from an average of £17 per [...]
City Moves for 11 April 2016 | Who’s switching jobs April 11, 2016 BBC Worldwide Tom Fussell has been appointed as chief financial officer at BBC Worldwide. He has extensive experience of the TV and wider media industry, having worked in global media organisations for 20 years. Most recently, Tom was finance chief of Shine from 2013 to 2015, leading a global finance function across 11 markets. He [...]
