Hays bullish after increase in UK hires January 19, 2014 Alistair Cox sees plenty of growth to come for British jobs, but skills shortages are a worry AFTER a torrid few years for the jobs market, the boss of the country’s biggest white-collar recruiter is feeling optimistic enough about the growing signs of recovery that he’s even planning to add some staff to his own [...]
The royals have business smarts January 19, 2014 WHEN it comes to getting inspiration from the royal family, the top things on your list would probably be wedding dresses, the quickest route to Balmoral if your helicopter is out of juice and how to get paint off one’s Rolls-Royce – and business and career advice probably wouldn’t register very highly. But over the [...]
Law and New Order: Kain Knight to test barristers on pop culture January 19, 2014 SOME of the City’s lawyers and barristers will be hanging up their cloaks and wigs on Wednesday 5 February as they take part in Kain Knight’s charity quiz night in aid of the Alzheimer’s Society. The teams’ knowledge of pop culture will be trialled (pun intended) during the event at the Minster Exchange in Mincing [...]
Three things you didn’t know about… January 19, 2014 Chief executive of Oppenheimer Europe Max Lami 1 The banking boss spent 18 years learning Judo and has a black belt. He feels his time spent training in Japan and other parts of Asia has left him with a Buddhist-like, open minded approach to life. 2 He flies Ryanair. He described his ideal weekend as [...]
City Moves for 20 January 2014 | Who’s switching jobs January 19, 2014 Maker Studios The media company has hired former AOL executive Rene Rechtman as president of international, a new role to help develop its growth strategy and strategic relationships overseas. Rechtman left his role as CEO of AOL’s branded content division, BeOn, last November. Markel The insurance company has announced the appointment of Charles Bragg as [...]
Best of the Brokers for 20 January 2014 January 19, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com F&C ASSET MANAGEMENT Canaccord Genuity has cut the asset manager from “buy” to “hold” and lowered its target from 130p to 110p. The broker expects 2014 to be another year of transition for F&C, with outflows set to stabilise. TYMAN Berenberg has started [...]
London Report: Unemployment near threshold for UK rate hike January 19, 2014 UNEMPLOYMENT figures due out this week look set to show further signs of the UK’s recovery, with November’s rate expected to have fallen. Alan Clarke, of ScotiaBank said: “The highlight of the UK economic calendar is going to be the labour report, where we see a very good chance that the unemployment rate falls by [...]
Wall St The Week Ahead: US stocks on a high despite mixed earnings January 19, 2014 THE initial reads on earnings have been mixed, and yet US stocks are hovering near all-time highs. This week, investors will see whether the first companies out of the gate were a harbinger of what’s to come. More than 60 S&P 500 companies are scheduled to release results next week, including more than half a [...]
More competition would be good but Miliband is proposing little that’s new January 19, 2014 ED MILIBAND appears to be in the process of reinventing the Labour Party as the consumer party. His central theme is the “cost of living crisis”. He tells us how he is on the side of consumers in gas and electricity, freezing prices, in banks forcing competition, and in general by having consumer bodies report [...]
City Matters: EU reform is possible – and it can safeguard the position of the City of London January 19, 2014 GEORGE Osborne has made it his New Year’s resolution to reform the European Union to reverse the continent’s economic decline. His remarks, made in a speech last week, highlight the high stakes in Britain’s membership debate, and he is fundamentally correct in his assertion that “it is in no-one’s interests for Britain to come to [...]
