London firms’ expansion slows amid broader decline in growth June 7, 2015 London businesses are growing steadily despite the rate of growth slipping to a five-month low in May, new survey figures show. A business activity purchasing managers’ index compiled by Lloyds Bank dropped to a score of 57 for London from April’s 60.2, according to data published today. Scores above 50 indicate an expansion [...]
City Moves for 4 June 2015 | Who’s switching jobs June 3, 2015 PwC Gareth Lewis has been appointed director in PwC’s real estate practice. He has formerly worked as a consultant at EY and the Urban Land Institute. Lewis has also been a representative at the European Public Real Estate Association and the British Property Federation. JLT Re The reinsurance broking and consultancy firm has appointed Chris [...]
City Moves for 3 June 2015 | Who’s switching jobs June 2, 2015 Fairstone Group The financial advisory business has appointed Hannah McGivern as marketing manager. She joins from Gardiner Richardson, a creative communications agency, and has also held positions at Bond Dickinson and Newcastle Science City. MSCI Antti Savilaakso has been appointed European head of environmental, social and corporate governance (ESG) research at the research-based indexes and [...]
City Moves for 2 June 2015 | Who’s switching jobs June 1, 2015 DTZ The commercial real estate services provider has announced three appointments to its data centres team. Mark Trevor joins as senior director, Begoña Cerdan joins as a director, and Michael Hunter joins as an associate director in its London office. Lloyds Bank Andrew Charnley has been appointed regional head of the trade and working capital [...]
City Moves for 01 June 2015 | Who’s switching jobs May 31, 2015 Aviva Investors The asset management firm has appointed James Tothill as head of third party sales. He joins from Aria Capital Management, where he was head of strategic partnerships. Tothill has also previously worked as head of global partnerships at Henderson Global Investors. State Street Effie Datson has been appointed global head of product for [...]
City Moves for 28 May 2015 | Who’s switching jobs May 27, 2015 Tokio Millennium Re The reinsurer and subsidiary of Tokio Marine & Nichido Fire Insurance Co has announced the appointment of Mark Julian as head of its UK branch. He joined Tokio Millennium Re (UK) in 2008 and assumed the dual role of chief risk officer and chief actuary in 2011. Baker & McKenzie Julia Hayhoe has [...]
FTSE bounces back on round of acquisitions – London Report May 27, 2015 BRITAIN’S top share index bounced back yesterday from a two-week low the day before as acquisitions boosted Imperial Tobacco, cement maker CRH and International Consolidated Airlines Group. The blue-chip index extended gains in late trade on the prospect of an accord between Greece and its creditors after a Greek government official told Reuters that a [...]
Slug & Lettuce owner Stonegate gearing up for £1bn float May 26, 2015 Stonegate, the pub company that owns Slug & Lettuce and Yates's, is considering floating on the London stock market next year. The business, which owns more than 600 pubs and bars in the UK, has begun speaking to investment bankers about going public at some point in 2016. The group – the UK's [...]
IPOs back on: Goldman takes Equiniti to market May 21, 2015 One of the UK’s biggest outsourcing companies Equiniti has appointed Goldman Sachs for a £1bn-plus float in London later this year, underscoring the renewed appetite for initial public offerings (IPOs) after the General Election. The company is hoping to issue shares worth between £400m and £500m in the offering, which could value the business at [...]
City Moves for 21 May 2015 | Who’s switching jobs May 20, 2015 LDC The private equity investor has appointed Simon Adcock as a portfolio director. Adcock, a qualified accountant with nearly 20 years of big four advisory experience, joins from Deloitte, where he was regional head of its corporate advisory business. He began his career at KPMG. Duff & Phelps The valuation and corporate finance adviser has [...]