City Moves for 21 January 2014 | Who’s switching jobs January 20, 2014 PwC The professional services firm has hired Daniel Windhaus as a partner in its working capital team. He has over 15 years’ industry experience. Windaus formerly held roles at REL Consultancy and Alvarez & Marsal. Lambert Smith Hampton The commercial property consultancy has recruited Jonathan King as head of corporate advisory. King was most recently at [...]
Smaller energy firms reap the rewards as switching soars January 20, 2014 The number of energy customers looking for cheaper deals soared at the end of last year, with around one million people switching energy suppliers over November and December. In contrast, around 208,000 people switched in September and 3m switched over the entire year, according to research from data company Electralink. 230,000 of those switching in [...]
What the other papers say this morning – 20 January 2014 January 20, 2014 FINANCIAL TIMES David Cameron faces EU isolation David Cameron risks “damaging Europe” with his anti-immigration stance, according to some of Britain’s allies, leaving the prime minister looking isolated in his attempts to restrict free movement in the EU. Ministers and officials from several EU powers told the Financial Times they would resist Mr Cameron’s attempts [...]
Law and New Order: Kain Knight to test barristers on pop culture January 19, 2014 SOME of the City’s lawyers and barristers will be hanging up their cloaks and wigs on Wednesday 5 February as they take part in Kain Knight’s charity quiz night in aid of the Alzheimer’s Society. The teams’ knowledge of pop culture will be trialled (pun intended) during the event at the Minster Exchange in Mincing [...]
Somersby to provide emotional success for Knight and Channon January 16, 2014 TERRY Biddlecombe, the three-time champion jockey, will be laid to rest today and there won’t be a dry eye in the house at Ascot tomorrow if SOMERSBY, formerly trained by his wife Henrietta Knight, gives him the perfect send off in the Sodexo Clarence House Chase (3.35pm). Biddlecombe and Knight hit the headlines when Best [...]
Former jockey Biddlecombe dies January 5, 2014 HORSE RACING: Terry Biddlecombe, a three-time champion jump jockey and husband to former trainer Henrietta Knight, died yesterday aged 72. He won the jockeys’ title in 1965 and 1966, and was joint-winner in 1969.
£53,000,000,000: how much the City paid in tax last year December 10, 2013 THE City paid a staggering £53.4bn in tax last year – more than a tenth of total government tax receipts. The report carried out by PwC for the Corporation of London shows tax paid by the UK’s financial services industry is ahead of any other sector. Business leaders and industry figures lauded the City for [...]
Highest number of electricity supplier switches since 2010 December 9, 2013 614,000 customers switched their electricity supplier last month, according to figures from Energy UK. That's more than twice the number that switched in October, and the highest number of switches since 2010. Last month saw five of the big six suppliers announce that bills would be rising. 125,000, or over 20 per cent, of those [...]
Foreign buyers and buy-to-let hit by tax plans December 5, 2013 OVERSEAS residents will be made to pay capital gains tax (CGT) when they sell their homes in the UK under changes announced by the chancellor yesterday, in a move expected to raise up to £345m by 2018. The Treasury will also raise money by halving the tax-free period for homeowners letting a property in which [...]
Andor looks for White Knight after fresh bid December 2, 2013 SCIENTIFIC camera maker Andor Technology has once again shot down Oxford Instruments’ attempts to negotiate a takeover, labelling the firm’s £159m offer as disappointing. Andor said it is still pursuing its long-term stand-alone growth strategy and also actively soliciting a recommendable offer from Oxford Instruments or any other parties. Oxford Instruments, which designs and manufactures [...]