Seen these Origami Kiosks in Canary Wharf? February 17, 2014 HAVE you spotted these weird futuristic kiosks around Canary Wharf? The two black structures have been designed by Make Architects – based on the concept of origami, to be used as retail spaces. When closed, the structures look like smooth black boxes but when they are opened the panels contract like a fan. We like.
Major rail firms fail to impress UK commuters February 17, 2014 FED-UP passengers have hit out at delays, fare rises and cramped carriages in a national poll that found most rail companies are keeping less than half of their customers happy. Around 16 per cent of passengers suffered delays on their last journey, rising to 26 per cent for commuters, while one in five people travelling [...]
Foreigners buy into UK recovery by snapping up manufacturers February 17, 2014 BRITAIN’S recovery has reached the merger and acquisition business, with the number of buyouts jumping 13.4 per cent in the final three months of 2013. Trade deals led the rise with an increase of 15.1 per cent to 466 in the quarter. Private equity deals followed with a rise of 6.4 per cent in the [...]
KPMG helps fund big data school February 17, 2014 KPMG is paying for 100 PhD students from around Europe to be schooled in data science in London this summer, as part of the professional service giant’s push into the big data business. “It is a win-win situation where companies have a chance to interact with the brightest minds in Europe, and PhDs get commercial [...]
Land Secs sells Docklands block February 17, 2014 Land Securities has sold a chunk of its 470,000 square feet Harbour Exchange development in London’s Docklands for £37m. Property fund manager Clearbell and Morgan Stanley AIP Real Estate announced yesterday that they have bought 3 and 4-5 Harbour Exchange, a group of office buildings just south of Canary Wharf, which are home to a [...]
Bankia mulls privatisation method February 17, 2014 Spain will probably begin the privatisation of bailed-out Bankia with the sale of a five to 10 per cent stake to institutional investors, the bank’s chairman Jose Ignacio Goirigolzarri said yesterday. The sale of the bank, in which the government holds a 68.4 per cent stake, will be carried out in phases over the next [...]
Capital opportunity for new spreadbetting boss February 17, 2014 London Capital Group chief executive Kevin Ashby WHEN former Saxo Bank Asia chief executive Kevin Ashby first stepped foot inside the Devonshire Square headquarters of spreadbetting firm Capital Spreads last March, there was little to suggest he would later be installed as the boss of its parent company London Capital Group. “It only became apparent [...]
GLI Finance invests in TradeRiver February 17, 2014 TradeRiver Finance, the funding specialist that has loaned £25m to firms over the past two years, has secured a £2.8m investment from GLI Finance. TradeRiver said the investment will help it to increase the size of its loan book. “With GLI Finance, we not only have a new investor but an important partner with whom [...]
Former BT chief joins CityFibre board February 17, 2014 CityFibre, provider of fibre optic infrastructure, has appointed Sally Davis to its board as non-executive director. Davis previously worked as chief executive of BT Wholesale before stepping down in 2011 after four years. Davis also serves as a director at Logitech and Norwegian telecoms firm Telenor. “Sally’s expertise in delivering large scale telecoms solutions in [...]
City Moves for 17 February 2014 | Who’s switching jobs February 17, 2014 Baker Botts The law firm has announced the appointment of Robin Mizrahi as a senior partner in its global projects group in London. He specialises in project finance, energy and infrastructure in emerging markets, and joins from Chadbourne & Parke. Investec Asset Finance Andrew Woodward has joined Investec Asset Finance as head of materials handling. [...]
