Former Hobbs boss dies June 30, 2010 Former Hobbs chief executive Nick Samuel has died after a short illness at the age of 58. Samuel guided the retailer between 2002 and 2008 and remained on the board of the company until last year. The businessman also sat on the board of Adili, N.Peal and was a non-executive director at Blacks. He was [...]
Accountants back report by regulators June 30, 2010 ACCOUNTANTS say they are willing to consider whether the current audit model needs to evolve to meet changing market needs, following a recent report by the Financial Services Authority (FSA) saying that the profession had not been sceptical enough about the financial firms it audited in the run up to the banking crisis. The City [...]
The Gaul the world loves June 30, 2010 I’VE visited a lot of restaurants in London: flashy ones, rustic ones, refined European ones, rooftop ones, flamboyantly ethnic ones and ones that closed after not very long at all. My favourite, on many levels, is Sketch – less a restaurant than a pleasure dome. I love that an eccentric man greets you and speaks [...]
Auditors must learn to articulate their value June 30, 2010 If there is to be a positive legacy of the financial crisis, it must be in the lessons that market participants have learned from extremely challenging times. Bank auditors have been no exception. The Financial Services Authority (FSA) and Financial Reporting Council have set out their thoughts on the auditors’ role and the contribution they [...]
AUDITOR VIEWS: WHAT IS YOUR REACTION TO THE JOINT FSA AND FRC REPORT ON THE ROLE OF THE AUDITOR? June 30, 2010 GRAHAM CLAYWORTH | BDO We welcome the healthy contribution to the debate. What does need to happen is for auditors, regulators, corporates and investment bodies to sit down and say ‘how do we go forward?’ and this is why I think this report is helpful. RICHARD SEXTON | PRICEWATERHOUSECOOPERS The audit is critical to the [...]
Three hotpots for rooftop drinks June 30, 2010 EVEN a hint of clemency in London weather sends people out onto the streets to try to lap up a ray or two. This summer, though, we seem to have a proper excuse to drink outside. The only question is: where? Well, banish thoughts of rammed pubs or overly exclusive venues. London is now home [...]
CITY MOVES | WHO’S SWITCHING JOBS June 30, 2010 CFA Institute The Chartered Financial Analysts Institute has appointed Edward Bace as head of education for the EMEA region. He joins the institute from BPP Business School, where he was professor of finance. He has over 20 years’ experience in international finance, and has worked for Lehman Brothers, Standard & Poor’s and the European Bank [...]
London is buzzing with new openings June 30, 2010 THE summer is normally a time when the club scene quietens down and everyone heads off on holiday or out into the countryside. However, there’s a surprising amount of activity in London’s clubs and bars right now and encouragingly they’re trying harder than ever to win your loyal custom and put the fun back into [...]
It’s a decent result, claims flogged Fed June 30, 2010 ROGER FEDERER saw the defence of his Wimbledon title come to a halt on Centre Court yesterday, but insisted: “It’s a decent result.” The Swiss top seed went down 6-4, 3-6, 6-1, 6-4 to 12th seed Tomas Berdych – his first defeat before the final at SW19 since 2002. Federer cited a back and thigh [...]
Murray comeback sets up Nadal semi June 30, 2010 BRITISH No1 Andy Murray insists he is relishing the prospect of facing old adversary Rafael Nadal after battling his way into a second successive Wimbledon semi-final. Fourth seed Murray showed his trademark grit to recover from losing the first set against Jo-Wilfried Tsonga and beat the Frenchman 6-7 (5-7), 7-6 (7-5), 6-2, 6-2. Victory thrust [...]
