CITY MOVES | WHO’S SWITCHING JOBS April 29, 2010 Aviva The insurance giant has appointed Tim Harris as its new deputy chief financial officer and chief capital officer. Harris is currently chief financial officer of Aviva’s European business. He has also been the group’s chief accountant and, before that, a partner at PricewaterhouseCoopers. Aviva has also appointed Richard Dewar, the chief financial officer at [...]
Shire is bolstered by new drugs coming to market April 29, 2010 DRUGMAKER Shire posted better-than-expected first quarter earnings yesterday, as new drugs offset losses of exclusivity for its blockbuster medicine Adderall XR, used to treat Attention Deficit Disorder. Shire has bolstered its franchise with new drugs Vyvanse and Intuniv, as Adderall XR wanes in the face of generic competition from Israel’s Teva. The company is also [...]
All Child Trust Funds are not equal, so pick yours carefully April 29, 2010 WITH Child Trust Funds (CTF) turning five this month, families are being urged to view this anniversary as an opportunity to review the scheme they have in place. Launched in April 2005, CTFs were opened for all children born after 1 September 2002 with a £250 lump sum, rising to £500 for children from the [...]
PERSONAL FINANCE NEWS April 29, 2010 STATE-OWNED MORTGAGE LENDERS FAIL TO SATISFY State-owned mortgage providers are trailing behind smaller lenders and building societies for customer satisfaction, says a new survey from Which? Money. Bank of Scotland – part of Lloyds Banking Group – had the lowest score; just 41 per cent of customers were satisfied with the provider. Halifax (44 per [...]
Generating cash from caring April 29, 2010 IT’S NOT often that an entrepreneur comes up with a multi-million pound idea while out with his elderly aunts looking at care homes around the south of England. But that is what happened to ex-advertising whiz Mike Parsons. That was back in 1988. The dismal state of the care homes that he visited sparked an [...]
A rush to the exit can hurt your profits April 29, 2010 AFTER you’ve built a successful business you’re faced with a dilemma – what do you do now? You might stay and try to take the business to the next level, but what if you’re a serial entrepreneur or you have dreams of an early retirement? If you want out then you need to come up [...]
CURRENCY April 29, 2010 Q. Some of my revenues are generated in Europe. Since Greece was downgraded I am worried that the euro will continue to fall in value – what can I do? A.If you earn revenues in euros and then need to repatriate them back to the UK, future currency movements could hurt your bottom line. The [...]
South London set to soar in 2012 April 29, 2010 WITH the opening of a segment of the East London Line extension this week, Hackney, Wapping and Shoreditch just became a lot more desirable. Yet the best property moves are made well in advance of such obvious bonuses, so if you’re looking to buy now, consider the areas of south-east and south-west London that will [...]
FOCUS ON: REIGATE, SURREY April 29, 2010 MANSEFIELD COTTAGE, CROYDON RD, RH2 0PG Price: £895,000 This former bakehouse has been refurbished and extended to create a family home with four double bedrooms. It has a separate dining room, sitting room and orangery overlooking the garden. The property is to the northeast of Reigate town centre and is close to local schools. Reigate [...]
BUYING April 29, 2010 Camilla Dell MANAGING PARTNER AT BLACK BRICK Q.Dear Camilla, what is the UK market likely to do after the election and what advice would you give to buyers? A.A hung parliament is bound to weaken sterling further, which could spell price rises for the London property market, where approximately 60 per cent of transactions over [...]
