Upper Street takes £750k for online growth March 31, 2014 LUXURY made-to-order shoe firm Upper Street has secured £750,000 investment from Venrex Investment and Aspire Fund as the fashion brand looks to grow its online platform. Co-founder Julia Grinham said the investment, “will enable us to execute our growth plans for the business and become a leader in affordable personalised luxury footwear.”
City Moves for 31 March 2014 | Who’s switching jobs March 30, 2014 Trowers & Hamlins Rebecca Wardle has been appointed real estate partner in the law firm’s London office. She specialises in large-scale property transactions, with a focus on site acquisition, development, joint ventures and estate regeneration. Edmond de Rothschild Group Greg Clerkson has been appointed head of global consultant relations in Edmond de Rothschild’s asset management [...]
Best of the Brokers for 31 March 2014 March 30, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com ITE GROUP Peel Hunt has placed ITE Group under review following a serious currency hit for the conferencing group and added effects of lost Ukrainian sales. The broker said that for 2015 the ongoing geopolitical impact of the Russian conflict with Ukraine has [...]
London Report: Mortgage lending data to shine light on housing boom March 30, 2014 MORTGAGE approval data for February, due out today, are likely to highlight more growth in the heated housing market. The figures will be closely watched after the Bank of England last week warned some borrowers may be overstretching themselves in the current fast-moving market. Purchasing Managers’ Index (PMI) data for manufacturing, construction and services published [...]
Wall St The Week Ahead: Jobs data may calm investors March 30, 2014 IF AMERICAN hiring picked up in March at a healthy pace, that could convince US investors this week that the economy’s recent setbacks caused by the weather were only temporary. Friday’s monthly jobs report, the most widely watched US economic indicator, is expected to show that nonfarm payrolls added 200,000 jobs in March, according to [...]
Globalisation isn’t keeping us safe – it’s blunting our punishment of Putin March 30, 2014 CALAMITIES often serve a useful purpose in foreign policy, overturning intellectual sacred cows that – until they so dramatically reveal themselves as unfit for purpose – pass for received wisdom. The long-held leftish shibboleth of interdependence presently seems ripe for the chopping block. This cherished nostrum declares that, since countries’ economic affairs are intertwined, mainstream [...]
City Matters: Companies must work with schools to fix Britain’s growing skills shortage March 30, 2014 THE KEY factor behind the success of any business – or indeed city – is its people. The capital is an international business hub, home to hundreds of different nationalities. But it must also demonstrate the local benefits for “ordinary” Londoners, especially young individuals looking to get their first foothold on the employment ladder. That [...]
A worrying drop in trust is endangering business March 30, 2014 TODAY marks the start of Responsible Business Week, Business in the Community’s annual initiative to inspire and equip businesses to do more to meet the world’s most pressing challenges. As society faces up to demographic changes, resource scarcity, the shift in economic power, and accelerating urbanisation, business has a powerful opportunity to make a positive [...]
Letters to the Editor – 31/03 – Energy market, Best of Twitter March 30, 2014 Energy market City AM’s suggestion that Ofgem has given in to politicians by proposing that the energy market is referred to the Competition and Markets Authority for investigation is completely untrue. The competition assessment was carried out by three independent regulators, Ofgem, the Office of Fair Trading (OFT) and the Competition Markets Authority. Ofgem’s decision [...]
Competitive edge March 30, 2014 Annabel Palmer talks tech with Vizeum’s managing director Richard Morris VIZEUM is one of eight companies in the Dentsu Aegis network. While iProspect does digital performance media and Posterscope Out of Home media, Vizeum provides integrated media planning services. When Richard Morris, then at sister company Carat, was offered the role of managing director, he [...]
