Asos is creating 1,500 new jobs at its Camden headquarters December 12, 2016 Asos has proven online fashion retail is still firmly en vogue – after it said it wants to create another 1,500 jobs at its Camden headquarters, and is taking another 40,000 sq ft to house them. The roles will stretch across disciplines including technology, marketing, content and retail, it said this morning. That means it [...]
This business scanning women’s feet to make heels that don’t hurt December 12, 2016 Leaving for work in the morning, a City worker will check they have their keys, wallet, and phone. And some of them will also check that they've packed their shoes. Many women in the City bring a second pair of shoes because the ones they wear in the office aren't actually suitable for walking in. It's [...]
Why this is a disqualifying offence for a value investor December 9, 2016 Some people apparently just will not be told. While past performance is no guide to the future, despite all the evidence a value-based approach outperforms over time, investors’ money is increasingly clustering in more non-value-oriented offerings – sometimes known as ‘growth’ but probably more accurately called ‘momentum’ funds. The current situation is starkly illustrated by the following [...]
Food and drink representatives want special protections for their EU workers guaranteed in Brexit negotiations December 9, 2016 Food prices will rise if EU workers employed in the food and drinks industry are forced to leave, representatives of the sector today warned. More than 30 food and drink bodies came together to call on the government to give "unambiguous reassurance" to EU workers they can stay and work in the UK after Article [...]
Mulberry profits hit by weak sterling December 8, 2016 Revenues were up in the first half of the year for luxury handbag brand Mulberry – but profits were dented by the weak pound, it said today. The Somerset-based manufacturer said revenues rose 10 per cent to £74.5m in the 26 weeks to the end of September, up from £67.8m the year before – but it [...]
Gotta catch ‘em all: how extreme collectors hunt down the world’s rarest watches December 8, 2016 In a thankfully deserted café near the river in Battersea, my acquaintance extracts an unassuming plastic shopping bag from a rucksack. From inside it, he unfurls 12 wristwatches, laying each one gently on the table; were the sole waitress present paying us any attention, she might think it a rather suspicious scene – even more [...]
TfL plans to save £800m as it sheds management layers and cuts jobs to deliver mayor’s spending ambitions December 8, 2016 Transport for London (TfL) has unveiled its five-year business plan to achieve the big investments Sadiq Khan has been announcing – and it involves trimming jobs to save £800m a year. The mayor has unveiled funding for a range of issues from £770m on London's cyclists to £200m on step-free access on the Underground, along with [...]
City Moves for 8 December 2016 | Who’s switching jobs December 8, 2016 Quinn Emanuel Urquhart & Sullivan Quinn Emanuel Urquhart & Sullivan has appointed Mark Hastings as a partner based in the firm's London office. He had previously been a partner at Addleshaw Goddard where he was head of the firm's civil fraud group. Mark has been retained to represent clients in a number of the largest cases to [...]
The Gulf States see great opportunities in Britain’s bright post-Brexit future December 8, 2016 Prime Minister Theresa May is in Bahrain, meeting with leaders of the Gulf Cooperation Council (GCC), spearheading the UK government’s plans to “turbo-charge” trade with this important trading bloc. In doing so Mrs May has gone into the history books as the first British Prime Minister to attend the annual GCC Summit, and also the [...]
These are 2016’s top 100 influential leaders in fintech (part 2 of 4) December 7, 2016 City A.M. is publishing Hot Topics' top 100 fintech influential leaders list for 2016, supported by 360Leaders. This is part 2 of 4, in alphabetical order. Part 1 is here. For part 3 visit this link, and this is where you can view part 4. The most influential fintech leaders in 2016, E to J Eileen [...]