Government lifts accounting requirements for small firms February 26, 2013 COMPANIES with fewer than 10 employees will be allowed to file much reduced annual accounts, under plans unveiled yesterday by business minister Jo Swinson. As part of the coalition’s latest round of cuts to red tape there will also be fewer regulations on the use of company names on official documents. Archaic rules restricting the use [...]
New Queen’s Counsel list to include solicitor February 26, 2013 AROUND 80 lawyers will become Queen’s Counsel in this year’s round of appointments, the selection panel will reveal today, with the list set to reflect the legal industry’s efforts to open its doors. Roughly a third of those to be appointed to the role, known as taking silk, are women. One solicitor advocate has also [...]
Robert Walters grows outside of finance while banks recover February 26, 2013 RECRUITMENT boss Robert Walters said yesterday he is confident that the banking sector will bounce back from the financial crisis, though the jobs openings will be in different areas of the industry. Walters’ namesake firm yesterday said pre-tax profits fell by more than half to £7.7m last year, on revenues up 5.6 per cent at [...]
French jobless up in January February 26, 2013 FRENCH unemployment rose in January, according to its labour ministry’s measure of joblessness. There were 3,169,300 category A job seekers in the first month of the year, Pole Emploi, the French labour ministry said yesterday, up 43,900 on December, and up 10.7 per cent on the previous January. Category A job seekers are those completely [...]
M in meltdown as the founders join the exodus February 26, 2013 JUST a few hours after The Capitalist disclosed that five key members of staff had quit the City’s top flight financial PR agency M:Communications came the revelation that suggests things are getting serious. Founders Nick Miles and Hugh Morrison, both City veterans and big revenue earners, announced that they are also leaving the group, which [...]
City Moves for 27 February 2013 | Who’s switching jobs February 26, 2013 Lloyds The bank has announced the appointment of David Weatherhead as regional trade director for London and the south east. He will focus on medium-sized businesses with turnovers of up to £500m. Weatherhead has over 24 years’ banking experience, and joins Lloyds from RBS. He sits on the London Chamber of Commerce’s Security and Defence [...]
CRH chief steps down as it eyes growth in US February 26, 2013 BUILDING materials group CRH said yesterday that its chief executive is to stand down, as the construction company looks towards growth in North America. Myles Lee will retire from the FTSE firm at the end of this year in a widely-expected move, following a five-year tenure. CRH said yesterday that the outlook for the US [...]
Bumper year at consumer care unit helps boost Croda results February 26, 2013 SPECIALITY chemicals group Croda posted a jump in pre-tax profit over the full year, boosted by a bumper performance from its consumer care division. Pre-tax profit at Croda, which counts Procter & Gamble and Unilever among its customers, rose by 6.6 per cent to £253.2m over the 12 months, on sales 2.3 per cent higher [...]
Glencore’s Glasenberg attacks record of mining industry CEOs February 26, 2013 IVAN Glasenberg, the billionaire boss of commodity giant Glencore, has launched a blistering attack on mining industry executives, saying they have “really screwed up”. He told investors that industry CEOs made the “catastrophic” decision to over-invest in new mines, pushing down prices at the expense of shareholder returns. “We’ve always been wanting to keep building and [...]
Progress made at RSM Tenon February 26, 2013 RSM Tenon yesterday heralded a “significant turnaround” as it narrowed its losses to £10m for the six months to the end of December, from £70.6m a year ago. The audit firm, which is recovering from a string of profit warnings and a change in management in early 2012, said revenues fell 10 per cent to [...]
