City Moves for 11 March 2015 | Who’s switching jobs March 10, 2015 Linklaters The law firm has announced the appointment of Michael Kent as divisional practice head of finance and projects for a four-year term. He has been a partner at Linklaters since 1999, and currently heads its global financial regulation group. Baring Asset Management Rod Aldridge has been appointed head of wholesale distribution for Europe, the [...]
Retails sales increase in UK after fall in 2014 March 9, 2015 UK retail sales increased by 0.2 per cent on a like-for-like basis compared with February 2014) – when they had decreased one per cent on the previous year – according to the British Retail Consortium (BRC). Overall, sales were up 1.7 per cent against a 0.7 per cent rise in February 2014. “After the bustle [...]
City Moves for 10 March 2015 | Who’s switching jobs March 9, 2015 New Bridge Street The executive remuneration specialist has appointed Drew Matthews as partner. He joins from Tesco, where he was group reward director for the past three years. Matthews has also held consultancy roles at PwC, Deloitte, and Stern Stewart. Eaton Vance Management International David Morley has been appointed business development director, UK institutional at [...]
City Moves for 09 March 2015 | Who’s switching jobs March 9, 2015 FTI Consulting The business advisory firm has appointed Mark Hunt as senior managing director in its forensic & litigation consulting practice. He joins from BDO, where he led its financial services practice. Hunt has also previously worked as a partner at KPMG. Berwin Leighton Paisner The law firm has announced five partner promotions. In its [...]
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 [...]