EU referendum greater risk to London’s property market than General Election uncertainty, says KPMG January 12, 2015 A referendum on Britain's EU membership could herald bad news for London's high-flying property market, new research has found. David Cameron has promised to renegotiate Britain's membership of the EU and put the result to the people by 2017. But if Brits vote to leave, the capital's property market could suffer in the aftermath, big [...]
City Moves for 12 January 2015 | Who’s switching jobs January 11, 2015 PwC Legal The professional services firm’s legal division has announced the appointment of Mick Gorrill. He is a data protection practitioner and, as assistant information commissioner at the Information Commissioner’s Office, he oversaw the introduction of data protection fines into law. RBC Wealth Management The wealth manager has announced the appointment of Antony Johnson as [...]
New year job search: Pay soars amid skills shortage January 9, 2015 2015 could be the best year yet for anyone looking to switch jobs, as pay soars amid a skills shortage, according to figures by the Recruitment and Employment Confederation (REC). The report, in conjunction with KPMG, found that a lack of suitable candidates has pushed pay up across the board. This came after a good [...]
New year job search: Pay soars amid a skills shortage January 9, 2015 This could be the best year yet for anyone looking to switch jobs as pay soars amid a skills shortage. A lack of suitable candidates has pushed pay up across the board according to a monthly report by the Recruitment and Employment Confederation (REC) and KPMG. This came after a good end to a strong year for [...]
Jobs market ends year strongly January 8, 2015 THE NUMBER of people in work increased at a faster rate in December, new figures show. Recruitment consultants reported further rises in permanent staff appointments during December, according to a report from consultants KPMG and the Recruitment and Employment Federation (REC). The index for the number of new permanent staff appointments rose to 59 in [...]
Property firms’ ads suffer from the Patrick Bateman complex January 8, 2015 You’d think, having seen the reaction to Redrow’s American Psycho-style advert earlier this week, that Berkeley Group might have watched its new ad for One Blackfriars a few more times and thought about whether it would suffer a similar fate. But they didn’t. And it did. Redrow’s ad stars an arrogant (and creepy) City-boy type, [...]
The 100 City people you need to follow on Twitter this year, day four: Economists January 8, 2015 The financial crisis may have been a tough time for most of the City, but one group did pretty well out of it. There’s no doubt about it: economics has got sexy, as the popularity of everything from Thomas Piketty’s missive on inequality to “economics made easy” books such as The Undercover Economist, shows. Whether [...]
UK car sales hit 10-year high in 2014: High consumer confidence and boost to industry January 7, 2015 The number of new cars sold in the UK reached a 10-year high in 2014, new figures show. Over the whole of last year 2,476,435 new cars were registered, according to figures released yesterday by the Society of Motor Manufacturers and Traders (SMMT). It was the fourth-best year of all time regarding the [...]
City Moves for 06 January 2015 | Who’s switching jobs January 5, 2015 Stanhope Capital The investment office has announced the appointment of Charles Mesquita as a senior director in its charity team. He has over 25 years’ investment experience, and has previously held positions at Newton Investment Management and Rensburg Sheppards (now Investec). Simmons & Simmons Matthew Pitman has been promoted to partner at the law firm. Based [...]
EU VAT rule change could hike the cost of ebooks January 1, 2015 After weeks of deep discounts and mega-sales courtesy of Black Friday, Cyber Monday and Boxing Day, shoppers may be a bit miffed to find out that at the start of the new year they may have to pay more for their ebooks. As a result of a change in EU tax rules, digital products will be [...]