Eurozone price growth hovers at four year low March 17, 2014 INFLATION in the Eurozone stayed at a four year low during February, despite early indications that price growth was slightly firmer during the month. The currency union’s harmonized index of consumer prices has risen by 0.7 per cent between February 2013 and last month, significantly below the European Central Bank’s target of close to two [...]
Letters to the Editor – 18/03 – No clothes Cameron, Best of Twitter March 17, 2014 No clothes Cameron [Re: Cameron sets out his agenda for EU reform, yesterday] David Cameron’s EU plan will be a stillbirth, if it ever reaches the delivery room. Powers cannot flow away from a German-driven, Frenchbacked, ever closer union, which suits weaker member states. Qualified majority voting is increasingly the norm, and there is little [...]
Wishes and predictions for Osborne’s budget March 17, 2014 ■ EY suggests there is little room for the chancellor to make big changes, given the spending constraints he has set for the Treasury, and that the OBR’s adjustments will be small. ■ However, the big four accounting firm expects George Osborne to make a move on the top rate of stamp duty, raising the [...]
Gimme 5 March 16, 2014 …OF THE BEST AWARDS FOR ENTREPRENEURS Deloitte Technology Fast 50Now in its 16th year, the technology award programme is a ranking of the UK’s 50 fastest growing tech companies, based on revenue growth over the last five years. deloitte.co.uk/fast50 The EuropasThe Awards, taking place this June in London, celebrate Europe’s hottest tech startups. Former winners [...]
City Moves for 14 March 2014 | Who’s switching jobs March 13, 2014 Ashcourt Rowan The asset management firm has hired Chris Legge as head of intermediary services. He was most recently at Brewin Dolphin, where he was intermediary business development manager. Prior to that, Legge held roles at Gerrard Investment Management. KPMG The professional services firm has announced two appointments. Navdeep Arora will lead its insurance strategy [...]
City Moves for 12 March 2014 | Who’s switching jobs March 11, 2014 MHA MacIntyre Hudson The accounting firm has announced the appointment of Sarah Jarvie as a manager in its restructuring and recovery team. She has over 15 years’ experience, and was most recently at KPMG. PwC The professional services firm has appointed two data analytics partners to its financial services risk and regulation team. Nick Bouch joins [...]
The Power of Three: How big business could join government to support small companies March 10, 2014 IF I received a pound for every time a chief executive of a large firm said to me “we’d like to be the champions of small business”, I’d be comfortably off. However, over the past year, I’ve seen an increasing number of businesses not only voicing this statement, but acting on it. This is a [...]
Willie Walsh paid £5m for work putting Iberia and BA on course March 6, 2014 WILLIE Walsh, the boss of International Airlines Group (IAG), was paid almost £5m last year as the firm made progress on turning around its Spanish carrier Iberia. Walsh, who led British Airways before it merged with Iberia in 2011, was awarded a £1.2m bonus, or almost 70 per cent of the maximum based on BA [...]
City Moves for 28 February 2014 | Who’s switching jobs February 27, 2014 Standard Chartered The bank has announced the appointment of Sanjeeb Chaudhuri as group head of brand and chief marketing officer. He joined in 2011 from Citicorp, where he was chief executive for retail and commercial banking for Europe, the Middle East and Africa (EMEA). Chaudhuri has also held senior marketing and general management positions at [...]
Business investment lifts economic outlook for UK February 26, 2014 BRITISH companies ramped up investment spending at the end of last year, spurred on by an improving economic outlook. The Office for National Statistics (ONS) released its second estimate of fourth quarter growth yesterday, keeping it unchanged at 0.7 per cent – yet the new figures suggested a healthy balance among the factors contributing to [...]