City Moves for 13 March 2015 | Who’s switching jobs March 12, 2015 Crowe Clark Whitehill The tax, audit, and advisory firm has appointed Jane MacKay as a partner. She joins from Grant Thornton, where she headed up transaction tax for the Thames Valley. MacKay has previously worked as a senior tax manager at Crowe Clark Whitehill. Dentons The law firm has announced the appointment of London partner [...]
Best of the Brokers for 13 March 2015 March 12, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com SIG PLC Numis shifted its recommendation on the construction materials company from “hold” to “buy”. While the group’s strategic initiative programme has demonstrated tangible results on the one hand, European trading weakness in 2014 has more than offset this. SOCO INTERNATIONAL GMP securities reiterated [...]
AstraZeneca and TSB help London reverse declines – London Report March 12, 2015 UK SHARES rose yesterday, led by challenger bank TSB after it received a takeover offer, and by drugs group AstraZeneca on optimism about key trial results. Shares in TSB, which was spun off from Lloyds and listed at 280p per share last year, rose 23 per cent to 326p after it received a takeover bid [...]
Weaker retail sales aid Dow and S&P to rise – New York Report March 12, 2015 US STOCKS rose in a broad rally yesterday, bouncing back from two days of losses, helped by weaker retail sales that paused the dollar’s recent upward movement and tempered the outlook for interest rates. The day’s gains lifted the Dow and S&P 500 back into positive territory for the year so far. The Dow Jones [...]
Saudi Arabia won’t cut production – because it knows the oil age is ending March 12, 2015 There have been many explanations, including on these pages, for why Saudi Arabia has not cut production to shore up the price of oil. These range from the use of the oil price as a foreign policy weapon – whether to wage economic war against rivals Iran, or to help their US allies bring Russia [...]
Peer-to-peer needs its own Lending Isa: Anything else would fail consumers March 12, 2015 Politicians usually make decisions knowing that they can’t please all of the people all of the time. The Peer-to-Peer Finance Association’s recent survey of over 4,500 peer-to-peer (P2P) lending customers comes close to disproving that. Over 95 per cent of respondents support the chancellor’s commitment to include P2P lending within the Isa wrapper. It’s a [...]
Apprenticeship Week: We can celebrate a revolution in the UK’s skills market March 12, 2015 As many of us look forward to the weekend, I’m here reflecting on the eighth National Apprenticeship Week and the hundreds of events that have taken place across the capital, recognising how apprenticeships have transformed the skills market in the UK. As the mayor’s ambassador for training and enterprise, and as head of emerging talent [...]
As MPs say UK surveillance lacks transparency, should we be worried about being snooped on? March 12, 2015 Jim Killock is executive director of Open Rights Group, says Yes Yes, we should be worried. If you run a business, have commercial secrets, or rely on secure communications like VPNs, there is a lot to be concerned about. UK data is shared with the US so there is little protection for your political or [...]
The mansion made for Versace where Mayfair meets Milan March 12, 2015 Many houses are marketed as a fusion of the old and the new, east meets west or even luxury meets shabby chic. But 50 Charles Street is a rare fusion of Mayfair mansion and Milanese palazzo. This unusual combination is the result of one of London’s most ambitious conversion projects, designed to woo one of [...]
Turning penthouse living inside out: Tara Bernerd on creating interiors that stand the test of time March 12, 2015 If you’re the sort of person who forks out on a luxury penthouse at the top of a London skyscraper, then it’s safe to say you’ve got a lot of cash to splash. It’s probably not your only home either, rather one of many, but etiquette dictates that you have to furnish it with a [...]
