ESPN may shut off TV channel after chief exits October 29, 2012 THE HEAD of ESPN’s European TV operations has quit the broadcaster, in a move that may pave the way for the company to shut down its UK sports channels from next summer. Jeroen Oerlemans, ESPN’s vice president in charge of TV in Europe, the Middle East and Africa, has recently stepped down without a successor [...]
Do you think the UK economy is improving? October 24, 2012 ROMANA MURPHY | BT I think the economy has improved in the sense that it is more stable. But I think we have to get used to this being the new reality in terms of not expecting huge growth year-on-year and in terms of people seeking value for money. MATT BERG | SHAREFORCE LTD I [...]
Leading firms support supply chain finance October 23, 2012 LEADING British firms including Tesco, BAE Systems and BT yesterday gave their backing to the government’s “supply chain finance” scheme, which aims to boost working capital for small businesses. David Cameron hosted business leaders at a Downing Street roundtable, where 38 leading firms agreed to actively consider implementing the scheme. Rolls-Royce and Vodafone, who already take [...]
Who’s switching jobs October 23, 2012 BT Dan Fitz has been appointed company secretary of BT Group. He is currently group general counsel, and replaces Andrew Parker. Fitz has also previously served as group general counsel at Misys, and held the same position at Cable & Wireless. BlueBay Asset Management Erich Gerth has been appointed global head of business development at [...]
Who’s switching jobs October 22, 2012 Baird Jonathan Bourn has been appointed managing director in Baird’s European investment banking team. He was previously a partner at AAC Capital. Bourn has also held roles in Credit Suisse First Boston’s acquisition and leveraged finance group. Allianz Global Corporate and Specialty The insurance firm has appointed Elke Vagenende as head of product development, financial [...]
Why stammering didn’t hold back my career at E&Y October 21, 2012 WHAT do Moses, George VI, Sir Winston Churchill, Charles Darwin, Emily Blunt, Bruce Willis, and Julia Roberts have in common? They all suffered, or suffer, from a stammer. Today is International Stammering Awareness Day. And an increasing number of organisations in the UK are now waking up to the potential that stammerers hold. They’re taking [...]
Best of the Brokers October 16, 2012 ASOS Morgan Stanley has started covering the online retailer with an “overweight” rating and a target price of 3,000p, cheering the firm’s superior sales offering and entrepreneurial management team. BT The telecoms group is Nomura’s top pick in the sector, with a “buy” rating and a price target of 260p. BT is set to benefit [...]
City Moves | Who’s switching jobs September 30, 2012 Alpha Strategic The investment firm has appointed Alistair McKay as its new chief executive. He was most recently a senior adviser to Asset Management Finance, a US private investment firm. McKay is a chartered accountant and has also previously held senior roles at Credit Suisse and Morgan Stanley. Michael Page Kate Chapman has been appointed [...]
Vodafone will have to fork out £500m to make most of CWW September 27, 2012 VODAFONE will have to spend £500m on integrating Cable & Wireless Worldwide (CWW)’s infrastructure into its own network, the firm announced yesterday, as it counted the cost of the £1.3bn acquisition. However, Vodafone said the benefits of the purchase were better than many analysts had expected, leading to cash generation of £150m-200m by 2016. CWW [...]
Duck & Waffle doesn’t have the greatest kitchen in the world but the views are ace September 24, 2012 RESTAURANT DUCK & WAFFLE Heron Tower, 110 Bishopsgate, EC2N 4AY FOOD ** SERVICE **** ATMOSPHERE ***** Cost per person without wine: £44 MY HOUSE is what estate agents would euphemistically call “lower ground”, which translates almost exactly as “basement”. Outside the front door, running underneath the pavement, is a cupboard, which would, once upon a [...]