City Moves for 17 April 2015 | Who’s switching jobs April 16, 2015 Investec Securities Paul Satchell has been appointed pan-European chemicals analyst at Investec Securities. He joins from Canaccord Genuity, where he has been an equity analyst since 2010. Satchell has almost 19 years’ experience as a sell-side analyst, and has held further equity analyst positions at ING, Merrill Lynch, Flemings and Paribas. He also has 16 [...]
This map shows the best London boroughs for startups April 16, 2015 Two year business survival rates in London via data from the ONS (Source: PlaceILive) Perhaps you're thinking of setting up a craft beer shop in east London, or a tech start-up on Silicon Roundabout. If so budding entrepreneurs wishing to give themselves the best start should set their sights on these boroughs. Islington and Lambeth both [...]
Retailers push ftse to new high April 15, 2015 London’s index of blue-chip stocks climbed to a fresh record peak yesterday, held up by retailer such as Next, Dixons Carphone and Sports Direct. The FTSE 100 reached 7,111.72 during the day, before closing at 7,096.78.
High St retailers propel FTSE 100 to a new high – London Report April 15, 2015 GAINS at High Street retailers pushed the FTSE100 to a new record high yesterday as Next, Dixons Carphone and Sports Direct all had good news to share. Dixons Carphone, the electricals and mobile phone retailer, was up two per cent after German mobile telephone company Drillisch agreed to buy the UK company’s chain of telecoms [...]
Beyond the frontier: Emerging Crowd founders take crowdfunding to emerging markets April 15, 2015 Next week, a new crowdfunding platform is set to launch: Emerging Crowd. In the industry, it’s a first – because it will give retail investors in the UK the opportunity to directly buy shares and bonds in emerging market SMEs. At the same time, it will be the first time that emerging market entrepreneurs will [...]
Halfords chief finance officer to join easyJet April 13, 2015 THE FINANCE chief of Halfords is getting off his bike at the retailer and hopping on a plane instead, after agreeing to take up the same role at easyJet, the companies said yesterday. Andrew Findlay will join the budget airline at the end of October, replacing Chris Kennedy who announced that he was leaving for [...]
Zara founder Amancio Ortega’s buying spree on Oxford St April 12, 2015 The billionaire founder of Spanish clothing empire Inditex has snapped up a cluster of buildings on the east end of London’s Oxford Street. Amancio Ortega, who founded the fashion giant Zara in 1975, is understood to have bought a development at 26-48 Oxford Street from property companies Land Securities and Frogmore through his investment vehicle [...]
Stewart Wood: The man behind Ed Miliband shaking up his party’s approach to business and the economy April 12, 2015 Stewart Wood, the Labour peer, is not exactly a household name. He is more likely to be found following his beloved Liverpool football team around the country than touring the television studios for political programmes. However, his influence as a long term ally of party leader Ed Miliband is becoming increasingly clear. Wood [...]
Majestic Wine gets Naked truth from new CEO Rowan Gormley April 12, 2015 The new chief executive of Majestic Wine says he will “unleash” the retailer’s entrepreneurial spirit and shake-up its online business following the £70m acquisition of younger rival Naked Wines. Rowan Gormley founded Naked Wines in 2008 after coming up with the idea of using crowdfunding to help forward-fund independent vineyards in return for exclusive wines [...]
City Moves for 13 April 2015 | Who’s switching jobs April 12, 2015 Cunningham Lindsey The claims management and third party administration services provider has appointed Mark Thompson as global head of major and complex loss, and chief executive of Cunningham Lindsey International. He has over 20 years’ experience managing loss adjusting and insurance forensic accounting. LME The London Metal Exchange has appointed Andrew Dodsworth as head of [...]