CITY MOVES | WHO’S SWITCHING JOBS April 15, 2010 Deloitte The accountancy firm has appointed Mark Lillie and Jeremy Harris as partners in its energy, infrastructure and utility practice. Lillie, pictured, will head up the IT strategy team and joins from Booz and Company, where he was partner and vice president. Harris joins the programme leadership consulting practice, focusing on construction and infrastructure projects, [...]
Weighing up that big move overseas April 15, 2010 IN THE past two weeks BlueCrest, one of the largest hedge funds in the City, and chemicals group Ineos have both announced they are leaving the UK for tax reasons, relocating to Guernsey and Switzerland. But will the UK’s tax and regulation laws force entrepreneurs to do the same? Yes, says David Kilshaw, partner at [...]
E&Y rocked by slide in profits April 14, 2010 PARTNERS’ profits at Ernst & Young fell last year as the accountancy firm invested heavily to close the gap on its rivals. The smallest of the “Big Four”, its average profit per partner fell from £737,000 to £678,000. This compared with £883,000 at Deloitte, £777,000 at PricewaterhouseCoopers and £671,000 at KPMG. The highest paid partner [...]
CITY MOVES | WHO’S SWITCHING JOBS April 14, 2010 FSSC The Financial Services Skills Council has appointed Trevor Matthews, the chief executive of Friends Provident, as its new chairman. Matthews joins a number of high-profile City bosses on the FSSC board, including Resolution Group chief executive John Tiner, Standard Life managing director John Gill, KPMG vice chairman Brendan Nelson, and Angela Knight, the chief [...]
High street sales leap in bumper easter April 13, 2010 RETAIL sales growth surged last month after a booming Easter for high street trade. The total value of sales rose by 6.6 per cent in March – the biggest upturn since April 2006 – according to the data from the British Retail Consortium and KPMG. The figures follow positive results from john Lewis and Marks [...]
BBC Worldwide shake-up could see Radio Times sold April 12, 2010 THE BBC may seek a commercial partner for its portfolio of magazines in a major shake-up of its Worldwide division. Its iconic Radio Times magazine, launched in 1923 by Lord Reith, may be sold off completely as part of the radical plans. It will also look at potential tie-ups with a number of rival publishers [...]
High street sales jump April 11, 2010 A RISE in high street sales will add to hopes the economic recovery is on track, with a three per cent like-for-like rise expected for March. The figures, to be released later this week by the British Retail Consortium, and KPMG, will be a boon for a sector that has been decimated by the downturn. [...]
Jobs market shows signs of strong improvements April 7, 2010 The recruitment market is continuing to show clear signs of improvement, with the fastest rise in permanent job placements in over 12 years, according to a report published yesterday. In the Report on Jobs, recruitment trade body the Recruitment & Employment Confederation (REC) and accountants KPMG indicated stronger increases in permanent, temporary and contract staff [...]
Reed: Demand for new staff fell in March April 6, 2010 DEMAND for new staff dropped off in March, according to the latest Reed Job Index, leading to new fears of increased unemployment before the general election. The index fell three per cent on February’s reading of 105, signalling an end to the rise in job opportunities since the start of the year. Demand for engineering [...]
CITY MOVES | WHO’S SWITCHING JOBS March 28, 2010 Principal Global Investors The asset management firm has appointed Andrea Muller as chief executive of its east Asian operations and managing director for the Asia ex-Japan region, effective from tomorrow. Muller has over 23 years of experience with large multinational firms and was most recently the head of the Fitch ratings agency in the Asia [...]