City Moves for 22 August – Who’s switching jobs at Blue Prism, Dixa and HSBC Global Asset Management? August 22, 2019 Today’s City Moves includes Blue Prism, Dixa and HSBC Global Asset Management. Blue Prism Robotic process automation firm Blue Prism has announced that veteran enterprise software executive Eric Verniaut has joined chief operating officer. Eric has almost 30 years of experience in technology, specifically in enterprise software, professional services and solution sales. He will take [...]
Has Priti Patel thought through the implications of abruptly ending free movement? August 20, 2019 Priti Patel, fresh from announcing that she wants criminals to feel “terror” at the thought of breaking the law and following last week’s Home Office brainwave to print anti-knife messages on the packaging of products from chicken restaurants, has a new plan. The home secretary has revealed her intention to end freedom of movement from [...]
UK weather warning in place as month of rain to fall on Friday August 16, 2019 The UK looks on course for its wettest August on record following a washout start to the month that is set to continue. New flood warnings have been issued across the west of Britain for Friday with a month’s worth of rain expected to fall within a 24-hour period. The Met Office have issued a [...]
Why you should be worried about the rise of the Bank of Mum and Dad August 16, 2019 The yearning to own one’s home is as British as a piping hot cup of tea, cricket, or a traditional roast dinner, and the UK’s rates of ownership-occupancy have traditionally been among the highest in Europe. Unlike many traditions, this desire hasn’t been dented by the complexities of modern life either. One recent survey revealed [...]
Premier Foods eyes former Reckitt finance boss as new chair August 15, 2019 The former finance boss of Reckitt Benckiser is said to be in the running to take over as chair of Mr Kipling and Angel Delight owner Premier Foods. Colin Day, who until last year was chief executive of cigarette filter manufacturer Essentra, is one of a small number of candidates for the role, Sky News [...]
Fleet Street veteran David Montgomery sets newspapers in sights as he plots takeover spree August 14, 2019 Veteran Fleet Street executive David Montgomery is poised to launch a media takeover spree, with struggling publisher JPI Media slated as his first major target. Montgomery has set up a company called National World, through which he is said to be planning a series of deals to snap up struggling newspaper groups. Read more: Shares [...]
UK lawyers taking Belgian citizenship in case of no-deal Brexit August 13, 2019 UK lawyers in Brussels are taking Belgian citizenship in order to keep practising before the European courts post-Brexit. Brussels is a key centre for competition law and most large international law firms have an office there to advise clients on European law issues. Trevor Soames, a Brussels-based partner with US law firm Quinn Emanuel who [...]
City Moves for 13 August – Who’s switching jobs at Circassia, Bank of America Merrill Lynch and RPMI? August 13, 2019 Today’s City Moves includes Circassia, Bank of America Merrill Lynch and RPMI. Circassia Dr Rod Hafner, senior vice president of research and development at Circassia Pharmaceuticals, a specialty biopharmaceutical company focused on respiratory disease, will step down from the board after 11 years as a director. However, Rod will remain part of the senior management [...]
Cineworld sets hopes on The Lion King as first half revenue drops August 8, 2019 Cineworld has posted a sharp drop in revenue for the first half, which it blamed on the unfavourable timings of major film releases. The cinema chain reported revenue of $2.2bn (£1.8bn) in the six months to the end of June, down 11 per cent on the same period last year. Read more: Cineworld maintains guidance [...]
Dominic Cummings is behind Number 10’s new startup-mindset August 8, 2019 “What we want to hear is their conquer the world strategy,” said Scott Kupor, managing partner of American venture capital firm Andreessen Horowitz. Kupor was talking about wannabe entrepreneurs knocking on the company’s Sand Hill Road door in California and looking to become the next Twitter, Lyft, or Airbnb. If Boris Johnson’s right-hand man Dominic [...]