City Views | Do you think it is expensive to live in London? February 4, 2013 TOBY WILLIAMS JP MORGAN Food kills me. Things like Pret are totally over-rated – £3.50 for a sandwich is extortionate and you’re lucky to get a proper meal for £10. If I was to eat out every day, I think I’d easily spend £40-£60 a week. JEMIMA HARRIS CLARKSONS It’s difficult for young people who [...]
FTSE 100 weighed by financial shares February 4, 2013 The benchmark index edged down this morning, as Chancellor George Osborne’s plans to electrify the ring fence between banks’ retail and investment banking operations was in the spotlight. UK banking shares fell as a result. HSBC dropped 0.13 per cent, RBS was down 0.6 per cent, Barclays shed 0.07 per cent and Lloyds Banking Group [...]
Victory No10 propels Quins into cup semis February 3, 2013 HARLEQUINS No8 Tom Guest admitted his side had to dig deep after they booked an LV= Cup home semi-final clash with Bath by edging past the Ospreys 16-12 in Bridgend. Guest yesterday led a dynamic display from the much-changed Aviva Premiership champions, who progressed via Matt Hopper’s try and 11 points from Ben Botica. “In [...]
3i shares surge on interest from activist investor January 29, 2013 SHARES in private equity firm 3i Group jumped three per cent yesterday after it revealed that activist investor Edward Bramson’s Sherborne Investors and its broker Jefferies has been buying up shares. 3i took the unusual step of declaring to the market that Sherborne had bought 0.7 per cent of the firm’s share capital during January, [...]
City Moves for 29 January 2013 | Who’s switching jobs January 28, 2013 Arbuthnot Latham The private bank has appointed Dan Saxby as director, private banking. He joins from Coutts & Co, where he was an executive director and wealth manager. Saxby has 24 years’ experience in the industry. BDO The accountancy firm has appointed Kevin Cummings as a tax partner. He joins from Berwin Leighton Paisner, where [...]
Wandisco leads the way for UK technology flotations January 24, 2013 We have already seen the likes of Luxfer, Edwards and Manchester United list in New York when they might have been expected to grace the London flotation markets. Now there are rumblings that Intelligent Energy, a clean energy technology, might look overseas for a listing if it chooses to go for one. And my fellow [...]
Ashton double hands Saracens Ulster home tie January 20, 2013 SARACENS boss Mark McCall hailed the return to form of Chris Ashton after he scored twice against Edinburgh to send his side into the Heineken Cup quarter-finals. Yesterday’s 40-7 victory was a fine way to bid farewell to a snowy Vicarage Road with the bonus point ensuring the Aviva Premiership side a last eight home [...]
Aviva sells Malaysian business for £152m January 17, 2013 INSURANCE giant Aviva yesterday announced the disposal of its stake in a Malaysian business for £152m, the latest unit to be sold as part of a radical streamlining plan. CIMB-Aviva, a joint venture with one of Malaysia’s biggest banks, was only founded in 2007. But it fell victim to the British company’s decision to retreat [...]
City Moves for 17 January 2013 | Who’s switching jobs January 16, 2013 Lloyds Bank The bank’s commercial banking division has appointed Karin Cook chief operating officer. She joins from HSBC, where she was most recently global chief operating officer for its private bank. Cook has over 20 years’ experience in the industry, and has also held roles at Goldman Sachs and Morgan Stanley. Saffery Champness The accountancy [...]
O’Shea: Spring weather will favour Quins January 13, 2013 HARLEQUINS boss Conor O’Shea believes the odds of success for his side in the Heineken Cup have shortened after they saw off Connacht 47-8 on Saturday to book a quarter-final place. The Quins’ director of rugby saw his troops claim a resounding bonus-point win over the Irish outfit at the Stoop with Tom Williams scoring [...]