Barclays’ investment bank chief Tom King could be set to retire next month February 17, 2016 Tom King, head of Barclays' investment bank, is reportedly planning to retire as early as next month. King, who is based in New York and has worked for Barclays since 2009, has long been expected to step down from his post at the top of the bank's investment banking business, but multiple media reports out [...]
Applications open: You can submit your CV to replace Andrew Bailey as deputy governor at the Bank of England February 17, 2016 The Bank of England is officially looking for Mark Carney's new right-hand man (or woman) – and anyone can apply. That's right. There is now a public listing on the Cabinet Office website looking for the next deputy governor for prudential regulation. Applicants can submit a CV and a covering letter to the Treasury making their case for [...]
Johnston Press boss Ashley Highfield on the i, Lebedev and the future of print media February 17, 2016 It wasn't easy to second guess his opposite number during negotiations for the purchase of the i newspaper, Johnston Press chief executive Ashley Highfield has told City A.M. Speaking about the regional publishing group’s £24.4m acquisition from ESI Media last week, Highfield described it as a “unique” experience with its own particular challenges. “You’re dealing with [...]
Oar inspiring: Treasury advisor Phelan Hill on why he has put his day job on hold in pursuit of Olympic dream February 16, 2016 A seventy-hour working week, global financial meltdown and an incessantly vibrating Blackberry are not the ideal precursors to Olympic success, memories of which have prompted Great Britain coxswain Phelan Hill to clear his Whitehall desk. During the thick of his preparations for the London 2012 Olympic Games, Hill combined his role as a senior policy [...]
Why Croydon Tech City’s model is now a “blueprint for the future” February 16, 2016 Last month, minister for the cabinet office Matthew Hancock visited Croydon Tech City and described it as a “blueprint for the future”. Three years ago, the idea of such a thing being said about a borough famous for the 2011 riots and its unflattering haircuts (“The Croydon facelift”), would have been unimaginable. Now, Croydon is London’s [...]
Disney, Expedia, Cisco and Tripadvisor: Four US stocks bucking the global selloff trend (for now) February 11, 2016 With global shares plummeting and a sheen of sweat starting to form on bankers' brows, you'd think the end was nigh. But it's not all doom and gloom. Check out these US stocks bucking the trend – and proving it isn't the end for the markets (yet). 1. Tripadvisor – up 12.2 per cent Why's it winning? It [...]
Here’s how much people working at Silicon Valley tech companies including Google, Facebook and Salesforce earn in London February 9, 2016 Dream of rocking up to Google's plush St Giles office and making use of its famous slide to get to meetings? Fancy becoming a Twitter native? Loads of people dream of working for a US tech giant – but how much do they actually pay their London workforce? Jobs site Glassdoor, which compares salaries at [...]
London mayoral election 2016: Sadiq Khan has danced into the lead over Zac Goldsmith for London mayor, but how important will voter turnout be on 5 May? February 9, 2016 In three months’ time London will have a new mayor, ending the eight year era of Boris. Sadiq Khan may well be in the box seat with both pollsters and bookmakers at present, but the Tooting MP has a delicate dance to perform until voters head to their local polling places on 5 May. Khan’s [...]
London’s cheapest and most boring Valentine’s Day gift-givers revealed in research February 8, 2016 London’s most miserly Valentine’s Day gift-givers have been exposed. West Londoners are set to receive presents worth just £40 on average this year, research by parcel company Doddle found. That's less than half the £83 East London’s romantics have splurged on their better halves so far this February. South Londoners have also been generous, with gifts [...]
Valentine’s Day 2016: Forget about Black Friday and Cyber Monday – today’s the day for peak online hunting for the perfect Valentine’s Day gift February 8, 2016 If your colleagues' computer screens have taken on a pink and red hue, don't fire off a concerned email to IT. They're probably just on the hunt for a gift for their significant other as Valentine's Day looms. According to an analysis of Google Trends data released today by the Post Office, the Monday before Valentine's Day [...]