Age UK sells its personal alarm care business to Axa’s healthcare branch September 9, 2016 Age UK has sold its Personal Alarms business and its parent company, Aid-Call, to Axa's PPP healthcare arm for an undisclosed sum. More than 50,000 elderly people use the personal care alarms, which are worn as a wristband or around the neck, and aid those who wish continue living at home. Users can press a [...]
New Zealand government gives green light to plain cigarette packaging September 8, 2016 New Zealand is set to become the latest country to introduce plain cigarette packaging after new legislation passed its final hurdle in the country's parliament today. The Smoke-free Environments (Tobacco Standardised Packaging) Amendment Bill passed with 108 to 12 votes. It was first introduced in 2013, though a legal challenge launched by tobacco companies put it on [...]
City Moves for 8 September 2016 | Who’s switching jobs September 8, 2016 Colliers International Global real estate advisor Colliers International has appointed Sorcha Murphy to its EMEA corporate solutions team as an associate director. Sorcha joins Colliers from JLL, where she’s spent the past 10 years in their corporate solutions department, working as a portfolio manager on some of their largest corporate accounts. Whilst employed by JLL, Sorcha worked [...]
City Moves for 6 September 2016 | Who’s switching jobs September 6, 2016 CBRE Sir Edward Lister has been appointed as a consultant to CBRE, the global real estate advisor. Sir Edward was most recently the mayor of London’s chief of staff and deputy mayor for policy and planning. In his new role, he will work with CBRE’s One London team in advising its clients on public sector engagement [...]
City Moves for 5 September 2016 | Who’s switching jobs September 5, 2016 United Trust Bank United Trust Bank has appointed Richard Murley as its new chairman. His appointment follows the recent retirement of previous chairman, Nicholas Clegg CBE, who fulfilled the role for the last 15 years. Richard has been chairman of the University College London Hospitals Foundation Trust (UCLH) since 2010. He is a qualified solicitor and has [...]
Pension funds want government help to hedge spiralling deficits August 24, 2016 The government has responded to calls for help from Britain's pension funds in managing their ever-growing deficits. The UK Debt Management Office released its latest consultations on Tuesday and concluded it would sell three tranches of index-linked debt within the third quarter of this year – one through a syndicated sale and two through an auction. Long-running pension scheme [...]
Alibaba’s shares are on a tear after a huge revenue jump August 11, 2016 Alibaba certainly isn't feeling the effects of the Chinese slowdown just yet. Shares in Alibaba – the world's largest retailer – have climbed by almost six per cent in the US pre-market after it posted revenue far ahead of expectations. Alibaba's shares were already up around seven per cent so far this year. A rise in revenue was bolstered [...]
City Moves for 9 August 2016 | Who’s switching jobs August 9, 2016 Metamako Metamako, a specialist in deterministic network devices for the world’s financial institutions, has appointed Kevin Covington as CEO. With a long career in the fintech industry, Kevin has many years’ experience of growing and developing financial technology companies. He was one of the creators of the concept of co-location. In his previous position as [...]
Inzura becomes the lastest company on the insurtech scene August 9, 2016 Inzura – a new digital insurance platform – is set to begin using smartphone data and photo recognition to calculate policies. It’s thought insurance companies will be able to take on less risk by fine-tuning policies. "We believe the smartphone will play a central role in the much-needed digitisation of insurance," said Richard Jelbert, chief executive of [...]
City Moves for 5 August 2016 | Who’s switching jobs August 5, 2016 PKF Littlejohn PKF Littlejohn has appointed Catherine Heyes as a partner. Catherine joined PKF Littlejohn as a senior tax manager in April 2014. She works with colleagues across the firm to provide clients with holistic advice and solutions in order to resolve problems and present opportunities relevant to their particular circumstances. Her advisory expertise includes employee share schemes, exit strategies, [...]