July Budget 2015: From a new living wage to cutting the bank levy, the key policies that will affect UK businesses July 8, 2015 Today was Britain's first Conservative-only Budget in almost 20 years, and in it chancellor George Osborne revealed a series of policy changes that will affect UK companies Here are the key announcements he made in the business-friendly budget, and what they mean for the UK's companies. Cut to corporation tax The amount of corporation [...]
City Moves for 8 July 2015 | Who’s switching jobs July 7, 2015 Investec The bank has appointed Chris Hare to its economics team, focusing on both UK and global economic issues. He joins from the Bank of England, where he was responsible for monitoring issues such as the impact of economic uncertainty on activity. Santander Asset Management Ileana Salas has been appointed global head of institutional [...]
City Moves for 7 July 2015 | Who’s switching jobs July 6, 2015 EY The professional services firm has appointed Maggie Stilwell as managing partner for talent. She has been a partner in its fraud and dispute services practice since 1996, and has over 19 years’ experience, particularly focusing on contract disputes. BlueBay Asset Management Soumyanshu Bhattacharya has been appointed institutional portfolio manager in the fixed income [...]
City Moves for 3 July 2015 | Who’s switching jobs July 2, 2015 Deloitte Real Estate The real estate firm has appointed Claire O’Shaughnessy as a director in real estate consulting, focusing on the public sector. She previously led the development of the footprint strategy in the strategic business partner team for the Ministry of Defence. Allianz Global Investors Iain Cowell has been appointed head of solutions for [...]
Foreign buyers push City into deals boom: Biggest haul of British M&A activity since before financial crisis June 30, 2015 Britain has experienced the biggest boom in M&A since the financial crisis thanks to a rush of overseas buyers, according to figures out today. Weaker sterling, low interest rates and renewed corporate confidence have sparked acquisitions of everything from oil companies to tin can makers since the start of the year. The total [...]
City Moves for 1 July 2015 | Who’s switching jobs June 30, 2015 EY Scott McCubbin has been appointed IPO leader for the UK & Ireland at the professional services firm. He has been at the firm for 10 years, most recently as transaction advisory services partner. McCubbin has particular experience negotiating the IPO process for FTSE and Aim clients. Cantor Fitzgerald Europe The financial services group has [...]
City Moves for 30 June 2015 | Who’s switching jobs June 29, 2015 Baker & McKenzie The law firm has appointed Kate Alexander as principal tax adviser in its London tax practice. She joins from EY, where she has been a partner and head of markets for its international tax services group. Alexander has also worked as head of UK patent box at EY. Savills Investment Management Peter [...]
Private investors can plug London’s infrastructure gap – if we allow them to June 24, 2015 London's infrastructure is struggling to cope. Not only are our roads, rail and tube systems in need of a major upgrade (some of which is already underway), but we need new homes, better broadband provision and mobile reception, and more schools and colleges to train the businessmen and women of the future. According to [...]
City Moves for 24 June 2015 | Who’s switching jobs June 23, 2015 PwC Alex Petsopoulos has been appointed partner in the professional services firm’s cyber security practice. He joins from Deloitte, where he was a partner in its security practice. Petsopoulos has over 14 years’ experience in the IT industry. State Street Global Advisors State Street’s asset management business has appointed Greg Ehret as president. He has [...]
City Moves for 22 June 2015 | Who’s switching jobs June 21, 2015 Millstream Management Services Simon Crewe has been appointed managing director of the retirement development manager. He has over 25 years’ experience in the industry, and has also served as managing director of Goldsborough Estates, part of Bupa UK. JLT Re Craig Brokenshire has been appointed global chief operating officer at the reinsurance broking and consultancy [...]