CITY MOVES | WHO’S SWITCHING JOBS June 27, 2011 CB Richard Ellis The commercial real estate adviser has appointed Sir Michael Lyons and Sir Andrew Foster as strategic advisers to strengthen the government & infrastructure team’s expertise in public sector assets and infrastructure. Foster, a former chief executive of the Audit Commission, is currently deputy chairman of the Royal Bank of Canada. Lyons, who [...]
LAWYER OF THE YEAR | June 26, 2011 FROM up-and-coming dealmakers to City stalwarts, our shortlisted lawyers represent the vast pool of legal talent that London has to offer both domestic companies and those from further afield. Our diverse list may appear difficult to compare at first glance, but with their combined talents they represent a group of people who’ve made the most [...]
Kesa weighs Comet sell-off as sales fall June 22, 2011 ELECTRICALS retailer Kesa yesterday admitted that it was weighing up a sale of its Comet business and revealed that it had already received a number of approaches. The company said there would be a “strategic review” which would take at least three months and look at a range of options for Comet, including disposal. Stressing [...]
Kesa weighs up options as Comet slumps June 22, 2011 Electricals retailer Kesa said it was examining strategic options for its loss-making Comet business as trade across the group worsened in its new financial year. “We have a strong turnaround plan for Comet to restore its profitability in the medium term and in parallel we are examining strategic alternatives to ensure the best overall value [...]
Consumer confidence will hit Dixons and Kesa June 19, 2011 ELECTRICALS giants Dixons and Kesa report their full year results this week against a grim backdrop of dwindling consumer confidence. The companies have seen households cut back on so-called “big ticket” items like washing machines and TVs, leaving them struggling to generate sales. Dixons, to report on Thursday, is in the throes of a £50m [...]
2011’s most colourful hero June 16, 2011 Film THE GREEN LANTERN Cert: 12A IN yet another comic book adaptation Ryan Reynolds stars as Hal Jordan, a vain, daredevil pilot who would be happy saving the world in only his pants. Having been chosen as the next “Green Lantern”, his mission is to stop the evil alien Parallax from taking over the universe [...]
City honoured in the Queen’s birthday list June 12, 2011 BANK of England governor Mervyn King has topped a list of City figures recognised for their services to British business, banking and finance in the Queen’s birthday honours list. This year’s honours list is weighted heavily towards recognising the contribution of the City. This is partly due to it being seen as politically unpalatable for [...]
United fans urge Glazers to favour London listing June 12, 2011 MANCHESTER UNITED supporters have welcomed suggestions the club could be floated by its owners the Glazer family – but want any listing to take place in London rather than Hong Kong. Bankers are said to have told the Glazers that the Premier League champions could be valued at as much as £1.7bn if listed in [...]
Rugby’s phoenix still on the rise June 9, 2011 ANYONE who had even whispered talk of a return to the Premiership when London Scottish were at rock bottom a decade ago would have been wheeled off by men in white coats, suspected of suffering one high tackle too many. Relegated nine divisions after an ownership disaster dragged them into administration just after the advent [...]
CITY MOVES | WHO’S SWITCHING JOBS June 8, 2011 Aberdeen Life Aberdeen Asset Management Life and Pensions, the subsidiary of Aberdeen Asset Management, has appointed Helen Webster as chief operating officer of the firm, which manages £1.9bn of assets for pension scheme and insurance clients. Webster joins from Aegon Asset Management, where she was responsible for product development and distribution, as well as a [...]