Westfield to separate UK arm from Australian operations December 3, 2013 THE PARENT company of west London shopping centre Westfields yesterday said it would carve out its international operations into a standalone business. Westfield Group, which is listed in its Australian homeland, said it will form a company called Westfield Corporation to house its UK and overseas operations. Its native operations in Australia and New Zealand [...]
City Moves for 04 December 2013 | Who’s switching jobs December 3, 2013 Baker Tilly The professional services firm has appointed Suneel Gupta as partner in its South Asia advisory group, with a focus on the UK Asian business market and cross-border work between India and the UK. He was previously a partner at BDO, and qualified at PwC. State Street Global Advisors State Street’s asset management business [...]
Network Rail to open click and collect shops December 2, 2013 COMMUTERS will be offered the chance to pick up their parcels from the train station as part of a trial being run by Network Rail. The rail operator announced today that it will soon open the prototype branch of Doddle, its new delivery shop, in Milton Keynes Central. Visitors to the station, including around 3,000 [...]
City Moves for 03 December 2013 | Who’s switching jobs December 2, 2013 Holley Holland The consultancy has appointed Alex Cameron as a principal consultant. He has over 25 years’ experience in financial services, qualified as a solicitor at Allen & Overy, and has worked with the Bank of England, Barclays Capital and Barclays Business Banking. Altius Associates The private equity advisory firm has appointed Rhonda Ryan as [...]
What the other papers say this morning – 02 December 2013 December 1, 2013 FINANCIAL TIMES Mass demonstrations shake Kiev Viktor Yanukovich, Ukraine’s president, was under escalating pressure on Sunday night as hundreds of thousands of protesters poured onto the streets of Kiev demanding the overthrow of his government, after it sought to strengthen relations with Russia at the expense of the EU. With the number of protesters estimated [...]
The retail champion who puts fame after business December 1, 2013 Annabel Palmer talks T-shirts and Small Business Saturday with Made in Chelsea’s Oliver Proudlock THE SERGE DeNimes headquarters is a cosy studio-cum-office, located exactly where you would expect for a business whose founder has found fame on Channel 4’s hugely-successful reality TV show Made In Chelsea. I’m hesitant about interviewing Oliver Proudlock, who, when not [...]
12 times as many bankers earning €1m in Britain than any other European country November 29, 2013 The European Banking Authority has produced figures that show Britain has 12 times as many bankers earning over €1m (£856,000) than any other country in Europe. More than 3,500 bankers in Europe earned €1m or more last year, up 11 per cent from 2011. Britain accounted for 2,714 of the figure with the next highest, [...]
Debt firms snap up UK student loans for £160m November 29, 2013 DEBT MANAGEMENT group Erudio was yesterday revealed as the buyer of £890m worth of student loans that have been sold off by the government. Erudio Student Loans, a consortium made up of Arrow Global and CarVal Investors, paid £160m for the portfolio. The deal will see it take control of the government’s remaining 17 per cent [...]
LondonMetric rejigs its portfolio and sells off three retail parks November 28, 2013 LONDONMETRIC, the real estate group formed in February from the merger of London & Stamford and Metric Property, yesterday posted a jump in profits as the company worked to revamp its portfolio. Pre-tax profits rose from £28m a year ago to £50.9m in the six months to the end of September. The firm bought properties [...]
City Moves for 29 November 2013 | Who’s switching jobs November 28, 2013 Colliers International The commercial real estate services firm has appointed John Knowles as a partner in its national investment team. He was most recently head of capital markets at Lambert Smith Hampton, and has also held senior positions at DTZ and Jones Lang LaSalle. BNP Paribas Corporate and Investment Banking BNP Paribas has announced the [...]