City Moves for 3 June 2015 | Who’s switching jobs June 2, 2015 Fairstone Group The financial advisory business has appointed Hannah McGivern as marketing manager. She joins from Gardiner Richardson, a creative communications agency, and has also held positions at Bond Dickinson and Newcastle Science City. MSCI Antti Savilaakso has been appointed European head of environmental, social and corporate governance (ESG) research at the research-based indexes and [...]
DVLA changes to complicate car hire rules: Counterpart driving licences are being abolished and renters must register online June 2, 2015 Hiring a car abroad can be a hassle – with costs, paperwork, forward planning and strange roads to be taken into consideration. But alongside cutting costs, drivers should also be aware of the DVLA’s changes around driving licences. The burden of carrying a paper counterpart driving licence when hiring a car abroad will be [...]
Lloyds share sale sparks Treasury rift as George Osborne ignores warning on value for money June 1, 2015 The Treasury is in disagreement with its own advisers over the sale of shares in Lloyds Bank, as George Osborne seeks to fulfil his General Election pledge to sell a large chunk directly to retail investors. The sale could prove popular, but would also mean selling the shares at a discount – reducing the profit [...]
British American Tobacco in €550m Croatian deal to buy TDR from Adris Grupa June 1, 2015 British American Tobacco (BAT) is set to extend its reach into the Balkans after the cigarette giant agreed to purchase TDR from Croatia’s Adris Grupa yesterday for €550m (£394m). BAT, which last year had a global market share of 12 per cent in tobacco products, said it will benefit from TDR’s strong brand presence in [...]
City Moves for 2 June 2015 | Who’s switching jobs June 1, 2015 DTZ The commercial real estate services provider has announced three appointments to its data centres team. Mark Trevor joins as senior director, Begoña Cerdan joins as a director, and Michael Hunter joins as an associate director in its London office. Lloyds Bank Andrew Charnley has been appointed regional head of the trade and working capital [...]
Former British Gas director Michael Uzielli spends first day as Heathrow CFO June 1, 2015 Former British Gas financial director Michael Uzielli has taken up the reins as chief financial officer of Heathrow, weeks before the Airports Commission announces its decision over a third runway for the airport. Read more: Sir Howard Davies says third runway will deliver more benefits at Heathrow than Gatwick. Uzielli's appointment was announced in [...]
City Moves for 01 June 2015 | Who’s switching jobs May 31, 2015 Aviva Investors The asset management firm has appointed James Tothill as head of third party sales. He joins from Aria Capital Management, where he was head of strategic partnerships. Tothill has also previously worked as head of global partnerships at Henderson Global Investors. State Street Effie Datson has been appointed global head of product for [...]
Tax Freedom Day has come: You’re finally working for yourself May 31, 2015 Congratulations – you, and the rest of the UK, have collectively paid off your taxes for the year, and it only took you 150 days to do it. Every year, the Adam Smith Institute calculates Tax Freedom Day – the first day of the year when the average person stops working for the government [...]
Remote working: Ensuring an easy ride when employees work from home May 31, 2015 Even if they can sort the trust issue, there are still some key legal considerations for employers. We have become information junkies. The web is booming, thousands of apps come into being each month, and we have constant entertainment feeds to read and video clips to watch. And now, information has turned inwards – [...]
Tax Freedom Day: The average Briton “works for 150 days a year” just to pay their taxes May 31, 2015 The average British citizen works for 150 days of the year solely to pay their taxes, according to the Adam Smith Institute, organisers of Tax Freedom Day. The UK's Tax Freedom Day fell on 31 May this year, one day later than it did in 2014. It is calculated by the Adam Smith Institute, and [...]