How the chancellor can unlock more private capital for infrastructure November 23, 2016 Chancellor Philip Hammond is widely expected to outline a more flexible approach to deficit reduction when he delivers his first Autumn Statement today. Flexibility seems wise, given the scale of uncertainty as the UK prepares to leave the EU. Ministers have identified investment in infrastructure as a means to boost the UK’s competitive standing. In [...]
London speeds to the top of 4G mobile ranking October 5, 2016 Londoners are almost twice as likely to get a 4G mobile signal than the rest of the country, a new report suggests. The capital is a long way ahead of other regions, with 70 per cent 4G coverage, compared to just 35 per cent in Wales. This may not be surprising to many, with coverage [...]
Commodity and currency desks lead rapid growth in City hiring as job numbers rise June 7, 2015 City job creation is on the climb thanks to a revival in hiring on banks’ fixed income, commodities and currencies trading desks (Ficc). There were 4,100 new City roles created in May, up 52 per cent on the same month last year, according to figures released today by recruiters Astbury Marsden. It also marks a [...]
Van Gaal will make United title winners again, predicts Cantona April 14, 2015 MANCHESTER United great Eric Cantona has backed Louis van Gaal to complete a spectacular turnaround in the club’s fortunes by delivering the Premier League title next season. Van Gaal has recovered from a miserable start which saw United lie 10th in November after just three wins from their first 10 top-flight games and suffer Capital [...]
Integrated Diagnostics Holdings IPO: Egypt’s IDH sets February target for London float January 13, 2015 Medical laboratory services firm Integrated Diagnostics Holdings (IDH) is aiming to list on the London Stock Exchange in February. The Egypt-based company, which is registered in Jersey and also operates in Jordan and Sudan, was formed out of the 2012 merger of Al Mokhtabar and Al Borg Laboratories. Its IPO will incorporate a sale [...]
EE’s Olaf Swantee: In Britain’s super-competitive mobile space growth can be the hardest game October 12, 2014 As chief executive he’s overseen two re-brandings, launched 4G in the UK and now plans to take on rivals in the living room with EE TV – but Olaf Swantee’s greatest challenges may still lie ahead Jogging through Richmond Park most mornings couldn’t be further from Olaf Swantee’s day job. The boss of Britain’s [...]
Dubai Mall owner aiming for £1bn IPO in UAE’s biggest flotation since financial crisis September 14, 2014 The biggest flotation in the United Arab Emirates (UAE) since the global financial crisis seven years ago is underway as Dubai’s Emir Malls Group (EMG) is hoping to raise nearly $1.6bn (£983m) from the sales of shares. EMG is offering 2bn shares, worth around 15.4 per cent of equity, with the price range set [...]
Open House 2014: Our pick of the best events in the City of London September 4, 2014 It’s hard work running a city – especially one that leads the world in culture, heritage and population growth, like London. The increasing demand for housing in the capital has put more pressure than ever on our open spaces and buildings. The pace of urban change is fast and cities need creative solutions to stay [...]
AA gets third boss in a year amid ongoing upheaval at motor icon August 28, 2014 FORMER car park boss Bob Mackenzie yesterday became the latest in a string of corporate executives to try their hand at running motoring icon AA. Mackenzie, who will break City convention and combine the role of chairman and chief executive at the group, follows in the footsteps of outgoing boss Chris Jansen, who left yesterday, [...]
Burger King to leave US in $20bn tax inversion deal August 25, 2014 Burger King is in talks to combine with Canadian coffee and doughnut chain Tim Hortons in a deal that would create a fast food empire with a market valuation of over $20bn (£12bn). The companies confirmed they had entered merger talks late on Sunday, and said the new merged group would be based in Canada, [...]