UK private equity deals slump as Europe hits post-crisis high September 25, 2018 UK private equity deals slumped over the last three months while European buyouts hit a post-crisis high, according to new statistics. There were 46 buyouts of UK companies in the third quarter of this year, down on the previous three months, which was the most successful period for volume and value since 2007. Just €19bn (£17.01bn) of deals have been completed [...]
The UK’s post-Brexit immigration rules must be international, not just continental September 24, 2018 Customs arrangements, agricultural subsidies, the Northern Ireland backstop – all vital parts of the Brexit talks, and all unlikely to provoke much of a reaction outside of those with direct involvement in the respective areas. However, immigration after Brexit – that gets people talking. All too often used by low politicians with high ambitions [...]
Serious Fraud Office general counsel leaves regulator for private law firm Kingsley Napley September 24, 2018 The man tipped for the top job at the Serious Fraud Office before former FBI lawyer Lisa Osofsky won the post will leave the regulator for private practice next year. Alun Milford, who served as the SFO's general counsel, has joined Kingsley Napley as a partner in criminal litigation. Milford has been a government prosecutor for 26 years. [...]
Thomas Cook share price dives after summer heatwave hits profits September 24, 2018 Thomas Cook's share price crashed more than 20 per cent in early morning trading, after the firm was forced to slash its profit forecasts in the wake of a blistering summer heatwave. The UK travel giant said it expected core earnings (Ebit) would be roughly £280m for the 12 months to the end of September, [...]
Volt Pulse ebike review: The battery-assisted hybrid city bike you’ve been waiting for September 21, 2018 In the space of a year I’ve gone from a sweaty pedalling idiot to the City’s driest and foremost ebike expert. You can spot me gliding around Bank each morning, the picture of respectability and class, fresh as a bee and happily dinging my bell at morning commuters, who smile and greet me like an [...]
Insurance giant makes a £4.3bn bet on the future of Brexit Britain, Uni-leaving doesn’t make sense, and Macron’s not one to mince words September 21, 2018 The news that US insurance giant Marsh and McLennan has swooped on British rival Jardine Lloyd Thompson in a shock £4.3bn move sparked a lot of City chatter about the future of the sector. Will other US firms look to snap up UK rivals as they eye expansion? As one Lloyd’s veteran put it [...]
Insurance giant makes a £4.3bn bet on the future of Brexit Britain, Uni-leaving doesn’t make sense, and Macron’s not one to mince words September 21, 2018 The news that US insurance giant Marsh and McLennan has swooped on British rival Jardine Lloyd Thompson in a shock £4.3bn move sparked a lot of City chatter about the future of the sector. Will other US firms look to snap up UK rivals as they eye expansion? As one Lloyd’s veteran put it [...]
Don’t let Brexit or political differences create a hostile office environment September 20, 2018 Facebook is “a political monoculture that’s intolerant of different views”, according to a post from Brian Amerige on an internal online group at the social media company called “FBers for Political Diversity”. Amerige claims that although the US company presents itself as welcoming all political perspectives, in reality anyone with a view that opposed left-leaning [...]
Don’t let Brexit or political differences create a hostile office environment September 20, 2018 Facebook is “a political monoculture that’s intolerant of different views”, according to a post from Brian Amerige on an internal online group at the social media company called “FBers for Political Diversity”. Amerige claims that although the US company presents itself as welcoming all political perspectives, in reality anyone with a view that opposed left-leaning [...]
Investment Association boosts board gender diversity with shake up September 19, 2018 The trade body for UK asset mangers said today that the appointment of four new directors had taken female representation on its board to almost 40 per cent. The Investment Association’s (IA) new directors are Brooks Macdonald chief executive Caroline Connellan, Columbia Threadneedle Investments’ Europe, Middle East and Africa (EMEA) chief executive Michelle Scrimgeour, Newton [...]