Elephant and Castle named the most dangerous junction in London as top 10 cycle hotspots revealed February 25, 2015 The 10 worst hot spots for cyclists in London have been identified – and Elephant and Castle has been named the most dangerous junction in the capital. There have been 80 accidents between motorists and cyclists reported to police between 2009 and 2013, topping the list of locations surveyed by insurance giant Aviva. The next [...]
City Moves for 25 February 2015 | Who’s switching jobs February 24, 2015 Knight Frank The property consultancy’s retail division has announced the appointment of Richard Petyt as a partner in its agency team. He joins from Asda Stores, and in his new role will work on food store and mixed use development projects, development funding and food store portfolio rationalisation. Cantor Fitzgerald Europe Caspar Shand Kydd has [...]
From the LSE Gaddafi scandal to RBS: Sir Howard Davies’ comeback is nearly complete February 23, 2015 With Westminster being rocked by new cash for access revelations, now is a pertinent moment to pose the following question: How long does it take to bounce back from a scandal? Time can be a great healer of reputations, yet some people in the public eye fail to recover from a hit to their standing. [...]
Payment protection complaints drop but cases more complex February 23, 2015 THE FINANCIAL ombudsman – set up in 2001 to settle disputes between consumers and businesses – took on 161,649 new cases in the second half of 2014, figures published today show. Cases refering to payment protection insurance (PPI) comprised the majority of the cases with a total of 104,877 new complaints. Cases against the UK’s [...]
Quindell’s stock surges as it extends Slater & Gordon talks February 23, 2015 STOCK in the beleaguered insurance outsourcer Quindell surged 26 per cent in trading yesterday, after the company said it had extended the exclusivity period for talks with Slater & Gordon over the sale of its professional services division. The news was aimed at dampening market speculation that negotiations with the Australian law firm had come [...]
Five policies that will transform the UK into a truly capital-owning democracy February 23, 2015 As a nation, we are bad at saving. While the reasons for this are many and varied, the belief that house prices are a one-way bet, the design of our welfare system, and the inability of humans to properly judge their future financial needs all contribute to UK households putting less aside than their counterparts [...]
Airports commission chair Sir Howard Davies to be named as new chairman of Royal Bank of Scotland February 23, 2015 After a lengthy search, Royal Bank of Scotland (RBS) is close to naming Airports Commission chair Sir Howard Davies as its new chairman, has been reported. The FT suggested this morning that the appointment of Davies, a former McKinsey consultant who resigned from his post as director of the London School of Economics in 2011 [...]
Quindell share price leaps as it extends talks with Slater & Gordon over sale of legal services arm February 23, 2015 Shares in insurance outsourcer Quindell opened a staggering 27 per cent higher this morning, after it revealed it was in extended talks with Slater & Gordon over the sale of its professional service division, which will dampen market speculation that the talks had hit a wall. Quindell has assured investors that the offer would still "imply [...]
City Moves for 23 February 2015 | Who’s switching jobs February 22, 2015 JLL The real estate-focused professional services firm has announced the appointment of two investment agents from Colliers International. Richard Servidei (pictured) joins its alternatives team. Oliver Jordan joins its retail investment team. PineBridge Investments The investment management firm has announced the appointment of Anik Sen as global head of equities. He joined PineBridge’s London office [...]
UK mid-market has overtaken Germany’s Mittelstand – but we can do better February 22, 2015 Angel investor and entrepreneur Sherry Coutu CBE recently said that “competitive advantage doesn’t go to the nations that focus on creating companies, it goes to nations that focus on scaling companies.” And scaling up, growing, and exporting abroad are all challenges particularly faced by the UK’s mid-market (businesses with a typical turnover of between £10m [...]