Now Mark Carney sees a silver lining to Brexit February 14, 2020 Mark Carney has said there may be a silver lining to Brexit for the UK economy. Speaking to Reuters, the outgoing Bank of England governor said there are some potential upsides for the economy from Brexit, in marked contrast to some of his previous comments on the decision to leave the EU. “In an environment [...]
City Moves for 14 February – Who’s switching jobs at Takumi, C5 Capital and Shutterstock? February 14, 2020 Today’s City Moves includes Takumi, C5 Capital and Shutterstock Takumi London-based influencer marketing service Takumi has announced the appointment of Mary Keane-Dawson as group chief executive. Mary is globally recognised as a successful digital agency entrepreneur and business growth expert, having worked in the sector for over 30 years, and has previously held leadership roles [...]
Is Valentine’s Day just a marketing gimmick? February 14, 2020 Is Valentine’s Day just a marketing gimmick? Nicholas Mazzei, a corporate social responsibility adviser, says YES. Love is a commodity in much demand, and there is little enough of it to go around. The decline in the amount of sex men in the US are having has been linked to the rise of popularism and [...]
Don’t frame it as a front in the culture war, BBC reform can be in everyone’s interests February 14, 2020 With the announcement last week of a consultation on decriminalising non-payment of the licence fee, ministers boycotting core programmes following accusations of bias, and veiled threats from the government about its potential demise, fans of the BBC would be forgiven for thinking that their treasured broadcaster is under attack. But by framing this as a [...]
Exclusive: Reform comes to City of London after ‘inappropriate’ questions asked of gay candidate February 13, 2020 The City of London Corporation has revealed sweeping changes to the process of selecting the Lord Mayor and Sheriffs as part of a drive to increase the diversity of candidates. The new system will include a more structured interview procedure, with independent representatives “closely” involved and an independent professional firm being brought in to observe [...]
Tesla shares rise as it unveils plan for $2bn stock issue February 13, 2020 Shares in Tesla rose this afternoon after the electric car maker said it would raise roughly $2bn (£1.5bn) by issuing new stock. Idiosyncratic chief executive Elon Musk will personally purchase up to $10m of shares in the new offering, while Oracle founder Larry Ellison, who sits on Tesla’s board of directors, will also buy up [...]
NMC Health shares tumble on double downgrade from Societe Generale February 13, 2020 Shares in NMC Health fell as much as 11 per cent on Thursday after the embattled hospital operator was hit with a double rating downgrade from Societe Generale. Analysts at the French bank slashed NMC’s price target by 85 per cent, saying that confidence in the company, the biggest healthcare operator in the United Arab [...]
Car manual publisher Haynes soars as it agrees £115m takeover February 13, 2020 Shares in Haynes surged 60 per cent this morning after the car manual publisher said it has agreed a £114.5m takeover deal by a French rival. Under the terms of the deal Infopro Digital will pay 700p per share, representing a premium of roughly 62 per cent on Haynes’ closing price yesterday. It marks the [...]
City Moves for 13 February – Who’s switching jobs at Saatchi & Saatchi, Bidstack and Vortexa? February 13, 2020 Today’s City Moves includes Saatchi & Saatchi, Bidstack and Vortexa Saatchi & Saatchi Saatchi & Saatchi London has announced the appointment of Rodrigo Castellari as creative director and head of art. Rodrigo joins from F/Nazca Saatchi & Saatchi Brazil, where his work has been recognised by Wood, Graphite and Yellow Pencils from D&AD. He has [...]
Insolvency firm FRP Advisory appoints broker for London float February 12, 2020 Insolvency firm FRP Advisory has appointed broker Cenkos Securities for an upcoming London listing. The insolvency practitioner, which also advises clients on corporate finance matters, is planning to raise £30m in a float that will value it at £200m. Recent mandates for FRP include acting as administrator for cake chain Patisserie Valerie. FRP took over [...]