City Moves for 28 July 2015 | Who’s switching jobs July 27, 2015 Cording Real Estate Group The real estate investment and asset management firm has appointed Philip Gittins as group finance director. He was most recently managing director of Saltgate’s Luxembourg operation. Gittins has worked in investment since 1987, and spent almost 20 years at Henderson Global Investors. Ingenious Asset Management George Moorey-Denham has been appointed business [...]
Second quarter profit warnings fizzle out as confidence picks up July 26, 2015 UK PROFIT warnings fell to a near two-year low last quarter after May’s decisive general election result spurred better earnings for corporates, figures out today show. FTSE-listed companies issued 57 profit warnings between the start of April and the end of June – down 26 per cent on the prior quarter. Profit warnings hit a [...]
City Moves for 24 July 2015 | Who’s switching jobs July 23, 2015 CVC Credit Partners Chris Fowler has been appointed managing director in the asset management and investment firm’s private debt team. Based in London, he joins from GE Capital, where he was managing director in the mid-market leveraged finance origination team. Fowler began his career at Morgan Stanley. Lloyds Bank Commercial Banking The bank has announced [...]
How to leave the stress of work at the aeroplane door July 22, 2015 Exercise can help ease the transition from boardroom to beach The virtues of vacations are well known. In 2006, EY found that for every additional 10 hours of holiday taken by members of staff, their end of year performance ratings increased by 8 per cent. But for those with busy lives, it can be [...]
City Moves for 21 July 2015 | Who’s switching jobs July 20, 2015 Legal & General Property Richard Poyser has been appointed leasing manager at Legal & General Investment Management’s real assets division, and will be responsible for its Bracknell Town Centre development. He joins from Argent and has also worked at Hammerson. The Channel Managing Agency The Lloyd’s managing agency responsible for running The Channel Syndicate has [...]
After it had its best week since 2009, will a stronger pound hit UK economic growth? July 19, 2015 Sam Alderson, an economist at the CEBR, says Yes. While the recent appreciation of sterling is unlikely to derail the UK’s largely domestic and consumption-driven recovery, it will act as a slight brake. But the real negative for the economy is the impact that the continued strength of the pound is having on the composition [...]
City Moves for 15 July 2015 | Who’s switching jobs July 14, 2015 EY The professional services firm has appointed Lisa Ashe as a partner in its UK & Ireland restructuring practice, where she will be working across Europe, Middle East, India and Africa focusing on private equity portfolios. She joins from Alix Partners, where she was managing director in its turnaround and restructuring group across Europe. Ashe [...]
Worst sectors for boardroom diversity: Women joining FTSE 100 boards but mining lags far behind retail industry as Conservatives push to end gender pay gap July 13, 2015 More women are joining the boards of Britain’s most powerful companies, but there’s a big difference between different industries, a breakdown by sector reveals. In a bid to end the gender pay gap "in a generation”, Prime Minister David Cameron announced plans today to require UK firms to publish gender pay audits. But progress is [...]
City Moves for 13 July 2015 | Who’s switching jobs July 12, 2015 New Quadrant Partners The private client law firm has appointed Helen McGhee as a senior associate. She joins from Squire Patton Boggs. McGhee was recently named rising star at the LexisNexis Taxation Awards, and advises on all aspects of tax affairs. BMO Global Asset Management The investment management firm has announced the appointment of David [...]
July Budget 2015: From the pensions expert to the PwC economist, reactions to the chancellor’s statement July 9, 2015 THE BUSINESS GROUP Confederation of British Industry director general John Cridland Firms will welcome measures to boost investment but will be worried about paying living wage. “This is a double edged Budget for business. Firms will welcome measures to balance the books and boost investment, but they will be concerned by legislating for wage increases [...]