Spencer Dale: No more QE needed May 30, 2012 More asset purchases by the Bank of England may not be warranted even if Britain’s economy continues to struggle, and the Bank should keep its focus on bringing down inflation, its chief economist said yesterday. Spencer Dale said the £325bn of quantitative easing (QE) to date had helped cushion the economy against the impact of [...]
Cape appoints new leader as woes increase May 30, 2012 CAPE yesterday named a new chief executive, filling a post that has been vacant since March, in a move that comes less than a week after a shock profit warning from the resources industry services provider. The company said Joe Oatley, former chief executive of British engineering company Hamworthy, will take over as chief executive [...]
Capita in £20m deal for health tech business May 30, 2012 OUTSOURCING group Capita has sealed another small takeover deal with the acquisition of healthcare technology firm Clinical Solutions. It bought Clinical from a private equity consortium led by Bridgepoint for £20m on a cash free and debt free basis. Clinical, which has offices in Britain, the US, India and Australia, provides patient management software and technology [...]
AMAZON’S LOVEFILM GETS UNIVERSAL MOVIES May 30, 2012 LOVEFILM, the movie on demand service owned by Amazon, yesterday announced a partnership with film giant Universal. Lovefilm subscribers will be able to stream the latest Universal releases, including Snow White and the Huntsman (pictured above), via a range of devices including computers, tablets and games consoles.
Let others take the burden as a passive career hunter May 30, 2012 WE’RE all job seekers now. That’s the message of recent Ipsos Mori research, commissioned by professional networking site LinkedIn. In a survey of 2,400 professionals, it found that 67 per cent felt the optimum time to spend on their career each day was 30 minutes or more. The survey took a broad, rather quaint, look [...]
Negotiate your future with your job contract May 30, 2012 NEGOTIATING an employment contract, whether you’re about to start a new role or renegotiating an existing package, can be a daunting prospect. Receiving a job offer brings mixed feelings for most people, as many agonise over the terms of the offer and whether to take the plunge into negotiating a better deal. Others are so [...]
JOBS of the WEEK May 30, 2012 SENIOR LEGAL DIRECTOR SINGAPORE £200k-£300k pa An accomplished lawyer is required to manage compliance for a leading investment manager’s Singapore-based operations. Candidates must have at least 10 years relevant experience. http://www.cityamcareers.com/job/12399 COMMODITY QUANTITATIVE ANALYST NEW YORK $200k-$350k pa A New York analytics house wants to grow its commodity quant team through the addition of an [...]
State and private school kids face damaging gap in enterprise skills May 30, 2012 GOVERNMENTS across the world are working to close the gap between education and the workplace. High youth unemployment has focused attention on schools’ ability to prepare young people to compete for jobs, and concerns over growth are shining a spotlight on whether education systems encourage and enable sufficient numbers of young people to become entrepreneurs. [...]
Romney gears up for November’s election that Obama could still lose May 30, 2012 EVER since it became clear that he’d be facing Barack Obama in November, Mitt Romney has frustrated the Democrats. The expected gaffes have rarely surfaced, his stump speeches have improved and the Republican candidate has remained on message, consistently focusing on the economy and jobs. It’s a development that has seen some Democrats, who had [...]
Italy must reform: It can’t wallow in the mire forever May 30, 2012 ITALY is the lumbering hippo of the Eurozone, more notable for its size rather than its speed. Compared to what was going on elsewhere in the run-up to 2008, Italy was not drinking from the cheap credit oasis in the same way as its neighbours. It wasn’t running as fast, with growth averaging 1.5 per [...]