Vodafone just promised minimum 16-week maternity leave to all its female staff globally March 6, 2015 Vodafone has promised female staff across 30 countries a minimum amount of time off when they have a child, making it one of the few companies in the world to introduce a mandatory minimum maternity policy globally. From the end of the year, the telecoms giant will offer women at least 16 weeks of maternity [...]
London mayor Boris Johnson backs paid internships in London at national minimum wage, “if not the London Living Wage” March 5, 2015 London mayor Boris Johnson has backed calls to take action on the scourge of unpaid internships blighting the prospects of young people in the capital. It's understood to be the first time the mayor has outlined his position on the issue, saying he supported paid internships and encouraged businesses employing interns to pay at least [...]
Morrisons boss goes down for insider trading March 3, 2015 THE FORMER group treasurer and head of tax at Morrisons has been sentenced to one year in prison for insider trading. The case, which brought by the Financial Conduct Authority (FCA), charged Paul Coyle with two counts of insider trading. Coyle was suspended from Morrisons back in January. Coyle pleaded guilty to both counts and [...]
City Moves for 04 March 2015 | Who’s switching jobs March 3, 2015 Towers Watson The professional services firm has announced the appointment of Kate Hollis to its credit research team. She joins from S&P Capital IQ, where she was most recently global head of fixed income/alternatives fund research. Hollis has over 30 years’ experience in the industry, and has also held fixed income sales and trading positions [...]
Businesses including PwC, KPMG and Axa back four-week limit on unpaid internships proposed by campaign group Intern Aware February 26, 2015 Some of the UK’s biggest businesses are backing a ban on internships which force young people to work for long periods of time without pay. Accountancy giants KPMG and PwC along with insurance firm Axa are putting their weight behind campaigner’s calls to place a four-week limit on internships which do not offer pay. Campaign [...]
British tech firms defied a wider UK slowdown at the end of 2014 February 22, 2015 BRITAIN’S tech sector dodged a slowdown across the wider UK economy during the fourth quarter of 2014, driven by new business and a supportive funding landscape. A cross-sector benchmark of UK businesses pegged activity at a score of 55.2 at the end of last year. But KPMG/Markit’s Tech Monitor UK survey said that UK tech [...]
From Burma to the City, trust and accountability are essential for growth February 22, 2015 I returned this past weekend from one of my most exciting overseas business trips so far, visiting the burgeoning international markets of the Philippines, Burma and Thailand. Although these countries in South East Asia are all at different stages when we talk about the size, growth and focus of their economies, the common factor is [...]
City Moves for 20 February 2015 | Who’s switching jobs February 19, 2015 Hausfeld The law firm has appointed Ed Coulson (pictured) as partner in its London office. He joins from Berwin Leighton Paisner (BLP), where he worked on complex competition and commercial litigation. His appointment follows that of James Henson, who joined in January from BLP, and Shirley Clarke, who recently joined Hausfeld’s financial services litigation practice [...]
Red faces at Naibu Global International as KPMG are called in after execs go Awol February 18, 2015 Well, this is awkward. Chinese sportswear brand Naibu Global International has called in the auditors after its chairman and executive director failed to update on its trading operations. Neither Lin Huoyan, chairman of the Aim-listed company, nor Lin Congdeng, the executive director, have returned calls from UK-based directors. In order to clarify the situation, the [...]
City Moves for 19 February 2015 | Who’s switching jobs February 18, 2015 JLL The real estate services firm has announced two appointments. Richard Servidei joins the alternatives team from Colliers International, where he was a director for out of town retail investment. Oliver Jordan (right) has joined the retail investment team from BCL, where he was a partner. Seddons The law firm has appointed Mark Lewis as [...]