Job interviews are back, so it’s time to work on your technique May 26, 2010 FOLLOWING two years of relative stagnation in the City jobs market, where any movement tended to be of the non-voluntary nature, hiring is back in the Square Mile. The most recent employment report from KPMG shows that hiring is up 29 per cent in the private sector, compared to the previous quarter. Unsurprisingly, the biggest [...]
KPMG appointed as administrators of FirstCity after the company splits in two May 24, 2010 KPMG has been appointed as administrator of FirstCity Insurance Group and its holding company, FirstCity Partnership. Restructuring partners David Costley-Wood and Michael Walker at KPMG have been appointed as joint administrators by the company’s directors and will work to wind-up FirstCity Insurance. Walker said: “We are currently assessing the position and are looking to put [...]
Little value in employee law May 23, 2010 MANY employment laws have little value and should be repealed or amended, a report out today claims. As the new government reviews flexible working rules, the report by business advisers KPMG and human resources group CIPD (Chartered Institute of Personnel and Development) claims that one in four companies offer no more than the legal minimum [...]
CITY MOVES | WHO’S SWITCHING JOBS May 20, 2010 KPMG Kathryn Britten has joined the accountancy firm as a partner and chairman of its growing forensic practice. Britten has over 30 years of audit and accountancy experience and specialises in professional negligence and commercial dispute issues. She joins KPMG from rival BDO, where she has been the national head of their forensic accounting and [...]
MAN FROM THE PRU IN SPOT OF PULP FRICTION May 20, 2010 SEASONED investors will be familiar with the mountain of paperwork that traditionally accompanies any City deal, but it does rather take the biscuit when recipients are actually forced to order waste-disposal skips in order to get the documents off their hands. Yet this, ladies and gents, is the position which stockbroker Charles Stanley finds itself, [...]
CITY MOVES | WHO’S SWITCHING JOBS May 17, 2010 Quayle Munro The boutique merchant banking group has appointed Andrew Adams, pictured, and Robert Cormie as executive directors. Adams has been a managing director at the firm since 2008, having spent ten years at The Van Tulleken Company prior to its acquisition by Quayle Munro. Cormie also became a managing director in 2008. Prior to [...]
London trails as business centre May 16, 2010 London has been ranked below Manchester and 35 other cities as a centre for business competitiveness by a KPMG survey. The accountant compared 112 cities, mostly in the developed world, using New York, Los Angeles, Chicago and Dallas as baseline models. Manchester was ranked first in Europe, an accolade local commerce figures said was down [...]
KPMG and PwC consider move into credit rating May 16, 2010 ACCOUNTANTS KPMG and PricewaterhouseCoopers have considered entering the credit rating business as the established players come under fire for failing to pre-empt the financial crisis. In the aftermath of the recession, which saw high-profile companies such as retail investor Baugur go bankrupt, KPMG said auditors should provide forward-looking assessments of a business’ risks as well [...]
London sales are slowed by volcanic ash May 16, 2010 RETAIL sales growth in London has slowed after the ash cloud crisis took its toll, according to the British Retail Consortium. Sales were up 3.6 per cent in April while they had jumped by 5.1 per cent in the same month last year. The volcanic ash cloud which billowed across Europe grounded flights for six [...]
CITY MOVES | WHO’S SWITCHING JOBS May 11, 2010 Defence Industries Council Ian King, the chief executive of BAE Systems, is to become chairman of the DIC following industry elections. The council represents the UK defence industry in discussions with the MoD, helping to ensure that the best possible equipment and services are provided to the UK armed forces. In his new role, King [...]