City Moves for 22 September 2014 | Who’s switching jobs September 21, 2014 Altium The mid market financial advisory group has announced two appointments to its UK debt advisory practice. Simon Chambers (pictured) and Richard Clark both join as managing directors from DC Advisory. Clark has also held roles at Close Brothers, Houlihan Lokey and JP Morgan. Chambers has previously worked at Barclays, and also as an engineer [...]
Love your job and work hard. Avoid these two myths posing as career advice September 17, 2014 Hard work isn’t all, and following your heart may well end in tears. "Choose a job you love and you will never have to work a day in your life,” Confucius is thought to have said. It’s a rousing thought. But like numerous other seductive one-liners posing as career advice, it hides more than [...]
Central and Waterloo & City line Tube strike driving outraged commuters to buses and Twitter August 22, 2014 Transport for London strikes again. City workers' travel has been thrown off course this morning due to strike action on the Waterloo & City and Central line services. The Waterloo & City line is down throughout the entire day while Central line services have been severely limited and are currently only running between Leytonstone – [...]
It’s official: Why doing good by your employees boosts stock performance August 21, 2014 COMPANIES claim all the time that “people are our greatest asset”, and that they invest in their employees. However, this may simply be marketing spin – instead, the firm’s true objective is to maximise profit. Indeed, traditional approaches to human resource management saw manager-worker relations as a zero-sum game – a pound paid to workers [...]
Cars and aircraft could be next target for Russian sanctions August 19, 2014 Russia could hit back against Western nations with bans on imported cars if the US and the EU and introduce additional sanctions, Russin newspaper Vedomosti has reported. Russia's involvement in Ukraine has already led to a host of sanctions being imposed, including measures against the energy and finance sector and travel bans for top officials. [...]
Film Review: The Expendables 3 August 14, 2014 “Why don’t you cut me loose and I’ll open your meat shirt and show you your own heart” – In another universe this could be poetry. In actual fact the line comes from the resolutely unpoetic gob of Mel Gibson, who sits trussed-up in a military plane flying somewhere over “Uzmenistan”, a fictional country dreamt [...]
City Moves for 08 August 2014 | Who’s switching jobs August 8, 2014 Marriott Harrison Daniel Jacob has been appointed corporate partner at the law firm. He joins from Pitmans, where he was head of the London corporate group. Jacob specialises in investment, M&A, and restructuring work, with a particular focus on the hotel, leisure and technology sectors. Mitsubishi UFJ Securities International The investment banking arm of the [...]
Car makers up forecast for 2014 sales as economy accelerates August 6, 2014 BRITAIN’S motor industry yesterday raised its forecasts for 2014 sales, after strong first-half sales, predicting 2.45m new cars would be sold this year, 8.1 per cent more than in 2013. The Society of Motor Manufacturers and Traders (SMMT) had previously forecast sales would grow just over six per cent. But sales so far this year [...]
Keydata founder Stewart Ford to sue City regulator for £370m August 3, 2014 Stewart Ford, the founder of Keydata Investment Services which collapsed in 2009 after the City regulator said it was insolvent and had broken tax rules, is threatening to sue the Financial Conduct Authority (FCA) for £371m. Ford wrote to the FCA last week, warning that he intended to begin legal action over the losses he [...]
US corporate results round up July 24, 2014 Recalls batter GM profits but Ford makes progress General Motors reported a much lower second-quarter profit yesterday due to numerous recalls and the expected cost of at least $400m for a compensation fund for those killed or injured by a defective ignition switch. Net income fell to $190m, from $1.2bn a year earlier. Meanwhile, smaller [...]