Cameron open to overhauling the way MPs are held to account April 7, 2014 DAVID Cameron would be “very open” to overhaul the way MPs monitor and police themselves and is happy to take suggestions on other options, he said yesterday. During a visit to an Asda store in Clapham, the Prime Minister once again threw his support behind culture secretary Maria Miller despite mounting calls for her to [...]
Seven London partners named at Linklaters April 7, 2014 MAGIC circle law firm Linklaters yesterday unveiled its latest round of promotions, making up seven new London partners among the 21 lawyers named. Capital markets lawyer Adam Fogarty, banking duo Nick Le Masurier and Kirsty Thomson and litigation specialist Alison Wilson will all become partners on 1 May, along with corporate lawyer Tracey Lochhead and [...]
Analyst Views: How is Robert Walters faring so far this year? April 7, 2014 ANDREW GIBB | INVESTECIt is encouraging to see constant currency growth across all the group’s regions. There would appear to be good momentum behind the group and whilst we make no changes to estimates at this early stage of the year, we continue to believe there is upside risk to forecasts. DAVID O’BRIEN | SHORE [...]
Cinven exits its stake in French cable company April 7, 2014 BRITISH private equity firm Cinven has sold its remaining stake in French broadband firm Numericable amid a shake-up in France’s telecom market Cinven, which founded Numericable nine years ago, will hand the keys over to French media firm Altice to help it drive through its plan to merge Numericable with telecom operator SFR, which it [...]
Rail unions in legal challenge to privatisation April 7, 2014 TRANSPORT unions yesterday launched a legal challenge to the government’s plan to hand the East Coast Main Line service to a private sector operator. The unions have also pledged to fight the decision to extend the First Capital Connect franchises, saying they “cannot, in good conscience, allow the mistakes of the past to happen again”. [...]
Roaring UK stock markets help Liontrust to decade-best start April 7, 2014 CITY fund manager Liontrust Asset Management had its best start to the year for a decade this year after investors poured an extra £160m into UK funds in the first three months. Liontrust, which celebrates its 20th anniversary this year, said total assets under management rose nearly 20 per cent compared to a year ago [...]
Barclays sells off its Emirates retail banking arm for £107m April 7, 2014 BARCLAYS yesterday confirmed the sale of its United Arab Emirates retail arm for £107m. The bank sold the business to Abu Dhabi Islamic Bank (ADIB) as part of its plans to focus on international markets where it believes Barclays has a comparative advantage. Barclays boss Antony Jenkins announced the result of its strategic review back in [...]
City types swap offers for opera at glitzy awards April 7, 2014 “I LEFT my glasses in the taxi on the way here,” said Sanlam Private Investors’ UK boss Craig Massey, as he stepped towards the autocue at the International Opera Awards (which his company sponsors) last night. “But I’ll try avoid the faux pas I made last year – like mentioning Maria Callas and Katherine Jenkins [...]
City A.M. reader selfies good enough to eat April 7, 2014 EVERYONE loves a selfie and City A.M. readers are no different. These three are the lucky winners of our competition with Eat, each winning a week of free breakfasts. You can have a go too – turn to the back of the paper now and send us a selfie using #mademymorning for a chance to [...]
Lobby lunch: Grant Shapps cuts off his upper crust April 7, 2014 GRANT Shapps raised a few more eyebrows yesterday – and not by retweeting his controversial beer and bingo message. Having invited a group of hacks to a regional lobby lunch, the Tory chair showed his tastes are very much in line with the working classes. While the attending journalists were sat in front of an [...]
