Amazon debuts same-day pick up service at 500 newsagents, corner shops and London Tube stations October 14, 2014 Online retail giant Amazon will this morning announce a same-day pick-up service in partnership with Connect Group’s newspaper and magazine distribution arm, Smiths News. The service will let customers order goods from Amazon as late as 11.45am for collection at one of 500 newsagents or corner stores from 4pm later that day. “This is our [...]
Aldermore IPO on the brink October 14, 2014 The flotation of Aldermore, the challenger bank focused on small business lending, was on the brink of collapse last night. Aldermore, which is trying to raise funds in the market at the same time as the retail challenger bank Virgin Money, has faced a tough time during its marketing period. Demand has been [...]
Amazon unveils plans for 1,000 new warehouse jobs in the UK October 13, 2014 AMAZON is planning to hire 1,000 more staff to work at its distribution centres across the UK. The permanent staff will be based at Amazon’s centres in Doncaster, Dunfermline, Gourock, Hemel Hempstead, Milton Keynes, Peterborough, Rugeley and Swansea Bay over the coming months. The hiring spree will add to the 6,000 existing staff working at [...]
Amazon jobs: Online retailer plans to create 1,000 new positions in the UK October 13, 2014 Amazon is planning to hire 1,000 more staff to work at its distribution centres across the UK in the coming months. The permanent staff will be based at Amazon’s centres in Doncaster, Dunfermline, Gourock, Hemel Hempstead, Milton Keynes, Peterborough, Rugeley and Swansea Bay. The hiring spree will add to the 6,000 existing staff working at [...]
Ex-Ofcom boss Dame Colette Bowe hired to keep tabs on bankers October 9, 2014 Dame Colette Bowe was appointed yesterday to head the new Banking Standards Review Council (BSRC), a body which aims to promote and maintain good behaviour in finance. The council was set up by former CBI chief Sir Richard Lambert, at the behest of the big banks, as an independent body to monitor behaviour in [...]
City Moves for 8 October 2014 | Who’s switching jobs October 7, 2014 Carmignac Group Obe Ejikeme has been appointed quantitative equity analyst in the asset manager’s fund management team. He was previously head of European equity and quantitative strategy at Bank of America Merrill Lynch, and has also worked at FactSet Research Systems. Old Mutual Global Investors The asset management firm has announced the appointment of Ian [...]
Where is the best place to shop in the UK? Westfield London tops new retail index October 7, 2014 Where is the best place to go shopping in the country? And where should you avoid? According to a new index, which ranks retail centres by a range of measures including how appropriate the retail mix is to its local customer, Westfield London is the best place in the UK for shopping, with Chelsea [...]
Battersea Power Station to put Frank Gehry and Norman Foster flats on sale October 6, 2014 Hundreds of homes designed by renowned architects Norman Foster and Frank Gehry will go on sale at Battersea Power Station this month, the owners revealed yesterday, with prices starting at £495,000. Gehry Partners and Foster + Partners have designed two schemes for the third phase of development at Battersea Power Station, with 1,305 [...]
London’s thriving tech sector is under threat – from bonkers EU VAT reforms October 6, 2014 LONDON’S technology sector is thriving, with the capital’s tech firms attracting a record $1bn in venture capital investment in the first nine months of 2014. And as the general election approaches, there’s been no shortage of ideas for policy changes that could accelerate London’s tech growth further. Take the recent Coadec manifesto, which proposed a [...]
Retail investors are worth courting – Editor’s Letter October 5, 2014 London’s been having a pretty good time of things as far as raising money for newly listed companies is concerned. So far this year 99 floats on the London Stock Exchange and the junior Alternative Investment Market have raised a total of £10.4bn, up from £8.7bn last year and only £2.5bn in 2012 when the [...]