Clients not class mean success in accountancy May 6, 2014 PARTNERS in the UK’s top accountancy firms are most likely to be state-educated and from working or lower middle class families who did not go to the best universities, according to new research. In contrast to large law firms where partners tend to come from privileged backgrounds, partners from the big four accountancy firms – [...]
Banks to suffer from sluggish lending growth May 5, 2014 WEAK borrowing by businesses and households will dent banks’ finances in the coming years, analysts at the EY Item Club predicted today. The strong economic recovery will not feed through to bank lending as much as it did in previous growth spurts, and could leave banks struggling to get back to sustainable levels of return [...]
City Moves for 06 May 2014 | Who’s switching jobs May 5, 2014 Squire Sanders The law firm has hired Mark Gleeson, formerly head of the data and information practice at Addleshaw Goddard, as a partner in the firm’s global intellectual property and technology practice. Gleeson, formerly head of data protection for Barclaycard, has more than 15 years’ experience within the financial services industry, including time at consulting [...]
Three ways to get more from LinkedIn May 5, 2014 While you’ll have to put more work into your account, you can also easily monitor your success WHEN LinkedIn announced it had surpassed 15m UK members in March, the accompanying statistical breakdown put a new perspective on what passes for professional in Britain. Although the biggest UK employers represented included RBS and Lloyds, 146 chimney [...]
BBC parts ways with KPMG… and Paxman April 30, 2014 THE BBC has picked Ernst & Young as its new auditor, ending an 18-year relationship with KPMG. The corporation, which also announced yesterday that Jeremy Paxman was leaving its flagship Newsnight programme, chose EY following a competitive tender.
Credit check company Experian hires fresh faces for its top team April 29, 2014 EXPERIAN has announced two new faces for its top management team, following the promotion of former chief financial officer Brian Cassin to chief executive in January. Lloyd Pitchford, chief financial officer at safety service provider Intertek, will join the credit checking company in September this year as its finance boss. Jan Babiak, a former managing [...]
Letters to the Editor – 30/04 – Army reservists, Best of Twitter April 29, 2014 Army reservists [Re: Small firms fear effects of rise in army reservists, Monday] In your article, The Federation of Small Businesses (FSB) calls on the Ministry of Defence to understand business concerns about the rise in army reservists. That is exactly what we are doing. With reservists set to play an expanded role in defence, [...]
City Moves for 29 April 2014 | Who’s switching jobs April 28, 2014 Interactive Investor The execution-only stockbroker has announced the appointment of Linda Summers as chief marketing officer. She was most recently at Skype, where she was director of product and partner marketing. Prior to that, Summers held roles at O2/Telefonica and BT. GLG Partners The investment management firm has appointed Andy Li as co-manager of its [...]
Three Green Party policies that would strangle EU growth April 28, 2014 The Green party of England and Wales has kicked off its campaign for May's European elections. The party's leader Natalie Bennett launched the campaign with a pointed attack on Ukip: As far as I can work out, Nigel Farage has entirely written it off so that Ukip has no policies at all. It seems to [...]
City squeezed by stronger pound April 28, 2014 BRITISH investors will lose out on billions of pounds due to soaring sterling, raising fears the currency will undermine the competitiveness of City-based multinationals and hammer shareholders. Scores of UK blue chip companies who report their profits in dollars are set to deliver smaller sterling payouts to investors this year after the pound climbed to [...]