JD in talks to buy troubled retailer JJB February 2, 2011 JD Sports is in talks to buy troubled retailer JJB Sports, sending shares in the Wigan-based firm soaring 17 per cent. The news comes as JJB confirmed it will raise £31.5m from shareholders through the placement of 630m new shares, with sources close to the firm warning it may need further help within weeks. The [...]
CITY MOVES | WHO’S SWITCHING JOBS January 31, 2011 HSBC HSBC today announces the appointment of Richard Jablonowski as managing director and head of investment counsellors to its private banking division. Based in London, he will report to Daniel Ellis, managing director and head of the investment group at HSBC private bank. Jablonowski joins from Merrill Lynch Global Wealth Management where he spent 11 [...]
Corporation renews call for third runway January 30, 2011 URGENTLY needed expansion of London’s aviation capacity should be provided by existing airports such as Heathrow, the City of London Corporation said today. Passenger demand will increase with economic recovery, it said, arguing that time is too short to wait for a new airport in the Thames estuary. Mayor Boris Johnson favours the construction of [...]
Aviation policy key to London’s growth January 30, 2011 WHEN it comes to international trade and inward investment London is indisputably the principal gateway for the UK economy. The fact that the capital made an estimated net contribution of £1.4bn in 2009-10 highlights London’s vital role in driving economic recovery forward. But, as the Mayor pointed out earlier this month, there is a danger [...]
GETTING DRESSED January 27, 2011 FOUNDERS, ROUS ILAND MEMBERS’ BOUTIQUE Q.The temperature keeps changing – how can I dress and wear a coat that leaves me more versatile to these fluctuations? A.The weather has become more and more unpredictable so our wardrobe must be flexible. In winter, try a coat with detachable collar (fur or faux depending on your preference) [...]
Wetherspoon’s Down to be Go-Ahead’s finance head January 24, 2011 THE FORMER JD Wetherspoon finance chief who shocked the pubs sector by quitting in October was yesterday unveiled as transport group Go-Ahead’s new finance director. Go-Ahead, which runs a fifth of London’s buses as well as the Southern and South Eastern rail franchises, is listed in the FTSE 250. He will replace Go-Ahead’s Nick Swift [...]
Fair fuel stabiliser considered January 23, 2011 Transport secretary Philip Hammond said the government is still considering a “fair fuel stabiliser” – which reduces duty on fuel at times of high prices to even out prices at the pumps. His comments come after the Federation of Small Businesses warned a quarter of its members could be forced to lay off staff because [...]
Moving in on Britain’s top private schools January 20, 2011 SETTING your child up as a day boy or girl can be the perfect compromise for parents who want to give their child a private education, but can’t bear the idea of letting them live away from home. While independent schools tend not to require you to live within a certain distance, parents determined not [...]
Ex-BOA boss Clegg favours Spurs bid January 19, 2011 TOTTENHAM’S bid for the Olympic Stadium has been boosted after one of the key figures involved in securing the Games called it “madness” to consider West Ham over Spurs. However, Simon Clegg, the former chief executive of the British Olympic Association, criticised Tottenham for proposing to revamp Crystal Palace rather than deliver an athletics legacy [...]
CITY MOVES | WHO’S SWITCHING JOBS January 19, 2011 Alvarez & Marshal Alvarez & Marsal, the global professional services firm, is expanding its European real estate advisory business in Europe with the appointment of London-based directors, Patrick Anderson and Caspar Vredenbregt. Anderson and Vredenbregt both have over 12 years of experience in real estate development, investment and finance. Prior to joining A&M, Anderson was [...]