City Moves for 18 February 2014 | Who’s switching jobs February 17, 2014 Morrison & Foerster The law firm has announced the appointment of Philip Slater as a partner in its financial transactions group. He joins from Reed Smith, where he led its acquisition and leveraged finance practice in London. Prior to that, Slater was a partner at Addleshaw Goddard. Santander Corporate & Commercial Charles Garfit has been appointed head [...]
Consultants are called in to help at more firms February 17, 2014 MORE FIRMS are hiring management consultants to help them troubleshoot and hone their businesses, boosting revenues for the consultancies themselves by 4.8 per cent last year. Management consultants made revenues of £5.6bn in 2013 and the industry is expected to grow at an even faster pace this year, according to figures from Source Information Services, [...]
Footfall rises but high street is still losing out February 17, 2014 HIGH-STREET shops have failed to make any gains from improved footfall in January’s sales, continuing to slip behind other platforms for bricks and mortar retailers. A boost to sales following Christmas didn’t translate into more traffic for high streets, according to new figures released today by Springboard and the British Retail Consortium (BRC) – but [...]
KPMG helps fund big data school February 17, 2014 KPMG is paying for 100 PhD students from around Europe to be schooled in data science in London this summer, as part of the professional service giant’s push into the big data business. “It is a win-win situation where companies have a chance to interact with the brightest minds in Europe, and PhDs get commercial [...]
City Moves for 17 February 2014 | Who’s switching jobs February 17, 2014 Baker Botts The law firm has announced the appointment of Robin Mizrahi as a senior partner in its global projects group in London. He specialises in project finance, energy and infrastructure in emerging markets, and joins from Chadbourne & Parke. Investec Asset Finance Andrew Woodward has joined Investec Asset Finance as head of materials handling. [...]
PwC wins £9m audit contract for Vodafone February 13, 2014 VODAFONE will replace auditor Deloitte after 26 years with rival PwC from April. The FTSE 100 telecoms giant made the announcement following a tender process first announced in November 2013. “We thank Deloitte for their significant contribution as Vodafone’s auditors and we look forward to working with PwC going forward,” said Vodafone audit and risk [...]
City Moves for 13 February 2014 | Who’s switching jobs February 12, 2014 LGP Legal & General Property has announced the appointment of James O’Neill as head of international distribution. He was most recently at Grosvenor Fund Management, where he was director of capital markets. Prior to that, he held business development roles at PwC. KPMG The professional services firm has appointed Jim Grover as a senior adviser in [...]
Low cost gyms merge to create £300m empire February 11, 2014 THE PRIVATE equity owners of two fast-growing budget gym chains announced plans yesterday to join forces, creating a £300m fitness empire that would rival the UK’s more established players. Pure Gym is to merge with rival low-cost operator the Gym Group, in a deal that will see the new company owning more than 100 gyms [...]
Retailers kick off new year with biggest sales boost since 2010 February 10, 2014 A BUMPER January saw British retailers record the fastest growth in sales for over three and a half years, with a 5.4 per cent boost when compared to January 2013. Online sales led the increase once again, expanding by a stunning 19.2 per cent over the 12 month period, the strongest result for internet retailers [...]
Reasons to be cheerful as economic confidence hits record high February 6, 2014 Confidence in recovery is at its highest level ever The Bank of England set to hike growth forecasts Upbeat British businesses ramp up hiring this year CONFIDENCE in the economy is at its highest level since records began in the 1970s and unemployment is set to dive to 6.6 per cent this year, according to [...]