Italian PR firm SEC makes plans for international growth as it sets its sights on Aim June 20, 2016 An Italian PR outfit has announced its intention to float on the Alternative Investment Market (Aim) to drum up the funds needed for rapid growth. SEC S.P.A, which has over 300 clients including food retailer Coca Cola, lender Deutsche Bank, grocer Lidl and electronic games maker Nintendo, is applying to be listed on the London Stock Exchange's [...]
City Moves for 20 June 2016 | Who’s switching jobs June 20, 2016 Burford Capital Burford Capital, a global finance firm focused on law, has expanded its team in London. Leeor Cohen has been appointed vice president. Most recently a director in the leveraged finance business at Bank of America Merrill Lynch, Leeor joins Burford’s global investment team with a broad range of experience as a lawyer, investment [...]
Antiques are back as young Britons lament being the “disposable furniture” generation June 20, 2016 It might be time to dust the cobwebs off that old furniture in the attic, as new research shows antiques are officially back in vogue. A majority of Britons prefer the individuality of older items to "disposable", newer furniture, according to a study by The Art & Antiques Fair. More than six in 10 (62 per cent) [...]
StreetDots rolls out 12 more London pitches for food vendors on back of three partnerships with British Land, Land Securities and TH Real Estate June 20, 2016 TECH start-up StreetDots today announced deals with three major land partners to expand its network of street-food “pitches” across London. In partnerships with British Land, Land Securities and TH Real Estate, the firm will open 12 more pitches across the capital. The pitches, in the form of large dots, play host to a rotating offer [...]
Convenience store openings up by a fifth as the big four try to match our changing shopping habits June 17, 2016 Convenience stores are popping up all over the country as people do fewer weekly shops and opt for fewer, more frequent trips instead. The number of convenience stores has risen by 21 per cent in the past five years. The big four supermarkets – Tesco, Asda, Sainsbury's and Morrisons – opened the stop-off shops at the [...]
Focus On Bloomsbury: House prices are blooming marvellous in this intellectual corner of central London June 16, 2016 Bloomsbury conjures up images of fusty intellectuals like former residents Charles Dickens, Virginia Woolf, EM Forster and John Maynard Keynes. Home to austere, prestigious institutions like the British Museum, the Royal Portrait Gallery and University College London, it isn’t necessarily somewhere you’d think of moving to. But the recent clamour for central London property has [...]
These are the ten most powerful people in retail June 16, 2016 Jeff Bezos, founder and chief executive of Amazon, has topped the list of the most powerful people in retail, compiled by Retail Week. Sebastian James, group chief executive of Dixons Carphone, came second, and Mike Coupe, Sainsbury's chief executive, took third place. Read more: Does Amazon Fresh pose a real threat to UK supermarkets? Chancellor [...]
Rarer than a unicorn? This venture capital firm just floated in London June 15, 2016 Draper Esprit, the European firm which has backed startups such as LoveFilm, Graze and Lyst has made its stock market debut in a rare move for a venture capital firm.. With a dual listing on Aim and Ireland's Enterprise Securities market (ESM), shares on London's junior market were up as much as four per cent on the [...]
Referendum uncertainty has hit almost two-thirds of the UK’s medium- and large-sized enterprises June 14, 2016 Almost two-thirds of medium- and large-sized enterprises have suffered as a result of the uncertainty triggered by the EU referendum, according to a new study. In a survey of chief financial officers and key decision makers at UK firms with a turnover of £20m or more, 64 per cent of respondents said their business had [...]
Before the bell: What you need to know before the US market open June 14, 2016 Brexit fears are dragging down markets and Germany's 10-year bond yield has turned negative. Here's what you need to know before the market open at 14:30 London time. US futures are pointing down again today, suggesting the bad start to the week is going to continue. The S&P is off by 0.22 per cent. The Nasdaq is 0.26 [...]