Hiring drive in City boosts Michael Page

first_imgMonday 16 August 2010 8:03 pm Hiring drive in City boosts Michael Page RECRUITMENT group Michael Page yesterday reported booming profit growth over the first half, driven by a strong performance across its global divisions and by an explosion in demand for City workers in the aftermath of the financial crisis.Chief executive Steve Ingham said recruitment activity in the City has now been rebounding for several consecutive quarters – a trend seen right across the board from the large investment banks through to other sectors such as hedge funds.“Having cut back quite heavily when the market was in trouble, most firms now just don’t have the capacity to handle the increased levels of business,” Ingham told City A.M.. “That momentum has also continued into July, so while we obviously can’t predict in which direction the economy is headed, we are hopeful that financial services recruitment will continue on its current course over the second half of the year.”Michael Page reported a 42 per cent rise in pre-tax profit to £61.4m for the six months to the end of June, underpinned by eight per cent revenue growth to £393.5m.The group said that the recovery in its UK operations, which represent almost a third of gross profits, had started in the financial services, sales and retail markets and had now spread to almost all of its sectors.It cautioned that the nature of recruitment means that the group is vulnerable to economic shocks, but said the broad diversification of its business across geographies and industries would reinforce performance in times of stress.Over 40 per cent of Michael Page’s fees are now generated in developing recruitment markets such as Asia and Latin America, where the group says prospects for long-term growth are strong.Despite the bullish tone of the results, shares in the firm closed down 1.34 per cent yesterday at 368p as investors fretted about the effect of the uncertain macro economic outlook on the business. Share Tags: NULL Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndocenter_img whatsapp whatsapp Show Comments ▼ KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotlast_img read more

Amazon buying into nappy business

first_img whatsapp Show Comments ▼ KCS-content Amazon buying into nappy business whatsapp Sunday 7 November 2010 8:22 pm Sharecenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm AMAZON.COM is expected to buy the parent company of Diapers.com for $540m (£333.5m) to $545m, according to media reports.The deal is set to be announced today, according to a report on Fortune magazine’s website over the weekend.The acquisition comes as Amazon has stepped up its efforts to boost its babycare products business.In September, Amazon launched its Amazon Mom program, offering perks like three-months of free two-day shipping. Amazon also offered a 30 per cent discount on diapers and wipes to consumers who signed up for its Subscribe & Save programme for consumable items.Diapers.com, which launched in 2005, is owned by New Jersey-based Quidsi, which also owns Soap.com, and is backed by venture capital firms Accel Partners, Bessemer Venture Partners and New Enterprise Associates, among others.Amazon and Quidsi did not return emails for comment.Amazon, the world’s largest online retailer, has been expanding product lines as it tries to get more of its shoppers to sign up for subscription programs, which the company says fosters loyalty to the site.In 2009, Amazon acquired online shoe retailer Zappos.com for roughly $1.1 billion.A separate report in the Wall Street Journal on Sunday said that Amazon will pay $500 million in cash and $45 million in debt and other liabilities for Quidsi, whose management will remain with Amazon. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Tags: NULLlast_img read more

Punch

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Centerthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Tags: NULL FEW sectors clawed their way out of the financial crisis with a worse hangover than the pub industry. Years of debt-fuelled expansion left the sector massively over-geared. At Friday’s close, Punch was worth just £380m while its debt pile is a staggering £3.1bn. Now that finance director Phil Dutton has left the business, boss Ian Dyson has the space to think outside of the box. Selling off the 6,000 or so pubs that Punch leases to landlords is exactly the kind of radical move he should be considering. However, the situation at Punch remains volatile, especially as the austerity measures have yet to sink in. Dyson needs to do more to prove himself before we can rate these shares as a “buy”. Show Comments ▼ Punch Sharecenter_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof whatsapp KCS-content Sunday 28 November 2010 7:45 pm whatsapplast_img read more

BAE Systems in £183m bid for Norkom

first_img Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap John Dunne by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition whatsapp Global defence and security company BAE Systems has made a €217m (£183m) swoop for Norkom, which comes up with systems to combat financial crime. The boards of the two companies have agreed the terms and the offer will now be considered by sharehoders.BAE chief executive Ian King said: “Countering financial crime is a priority for governments and financial institutions. “This will result in a significantly enhanced offering for customers and present an opportunity for accelerated growth for the BAE Systems Group in the fast growing cyber and intelligence services sector.” Show Comments ▼ Sharecenter_img whatsapp Friday 14 January 2011 2:50 am BAE Systems in £183m bid for Norkom Tags: NULLlast_img read more

Morgan Stanley to get Northern Rock UKFI deal

first_imgThursday 17 February 2011 8:42 pm UK FINANCIAL Investments, the government body in charge of managing public stakes in bailed-out institutions, is soon to appoint Morgan Stanley to advise on the sale of the Northern Rock “good bank” later this year. The sale will follow the auction of 318 RBS branches sold to Santander UK last summer for £1.65bn and is likely to attract a similar set of bidders. Those interested are thought to include Virgin Money, Tesco Bank, National Bank of Australia and private equity group JC Flowers.If Morgan Stanley does sign the deal, according to Sky, it stands to earn £2m in fees. Tags: NULL Morgan Stanley to get Northern Rock UKFI deal More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comColin Kaepernick to publish book on abolishing the policethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Share whatsapp KCS-content Show Comments ▼ whatsapplast_img read more

CITY MOVES | WHO’S SWITCHING JOBS

first_img Tags: NULL CITY MOVES | WHO’S SWITCHING JOBS whatsapp KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads Nomura HoldingsThe Asian investment bank has made a number of changes to its management team. David Benson, Nomura’s former chief risk officer, will become vice chairman of Nomura Holdings. Wholesale president and COO Jesse Bhattal (pictured) will become deputy president of Nomura Holdings and CEO of the Wholesale division, and Yasuo Kashiwagi, currently senior managing director for Nomura’s Retail business, will take on the role of COO for EMEA.AXA IMMatt Christensen has been appointed head of responsible investment for AXA Investment Managers, efffective from 2 May. Christensen will be based in Paris and will report to Christophe Coquema, member of AXA IM’s management board and head of markets & investment strategy.NavigantThe global advisory firm has appointed John Lasala as a director in its London-based real estate practice and manager of its distressed commercial property fund. Lasala has previously worked at Goldman Sachs and Citi Alternative Investments. He also co-founded National Zoning Group LLC.TwentyFourThe fixed interest boutique has recruited F&C sales director John Magrath as head of retail distribution. Magrath will work closely with Gemini Investment Management, the firm’s current distributor, and will report to managing partner Mark Holman.Barclays CorporateGraham Buckland has been appointed as head of London Industry Teams at Barclays Corporate. He moves across from Barclays Capital, where he has spent ten years in senior client and team management roles.Merrill LynchMerrill Lynch Wealth Management has appointed John Flavin and Keith Ryan as Financial Advisers. Based in Dublin, Flavin and Ryan will provide wealth and investment management services to Irish High Net Worth Individuals and Ultra High Net Worth Individuals, corporate and institutional clients. They both report to Adam Horowitz, Head of UK, Ireland and Israel Merrill Lynch Wealth Management.RBC Capital MarketsRBC Capital Markets, the investment banking arm of Royal Bank of Canada, has hired Christophe Duval-Kieffer as a managing director and global inflation linked strategist. Duval-Kieffer joins from Standard Chartered Bank. whatsapp Monday 7 March 2011 8:29 pm Show Comments ▼ Sharelast_img read more

Britons hit by £360 a year fall in income

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical Geniusmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Tags: NULL Britons hit by £360 a year fall in income whatsapp More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org HOUSEHOLD incomes have dropped by an average of £360 a year since 2008 — after accounting for inflation — the influential Institute for Fiscal Studies (IFS) revealed yesterday.This is the largest decline in living standards since 1980 to 1983, the IFS said. Usually household incomes rise above the level of inflation, by around five per cent every three years.Those on high incomes are being hit hardest, due to tax hikes. “Someone in the middle of the richest tenth in society in 2011 will be about £2,200 less well-off than someone in that position in 2008,” the report said.Overall, low interest on savings and sub-inflation wage growth are the main reasons behind the recent squeeze on living standards, it said.Inflation hit four per cent in January and is expected to have risen further in February. The latest figures on price pressures are released today.Inflation has become the leading concern for investors and the general public, according to research from the Association of Investment Companies (AIC) released yesterday.Escalating prices have become more of a concern to people than worries about job loss or rising interest rates, AIC’s survey showed.Today the Adam Smith Institute thinktank will accuse the government of cashing in on spiralling inflation through the tax system.Capital gains tax – which rose from 18 per cent to 28 per cent in last June’s budget – will claim an extra £1.6bn due to inflation, the institute argues. And rising prices have knocked the recovery in construction, according to the Federation of Master Builders. Nine out of ten surveyed building companies expect material prices to rise even further in the next six months. center_img whatsapp Monday 21 March 2011 8:18 pm Show Comments ▼ KCS-content Sharelast_img read more

BP sells stake in gas plant to Andarko

first_imgWednesday 23 March 2011 4:39 am Show Comments ▼ BP’s said it had sold its interest in a natural gas processing plant in Colorado to Andarko Petroleum for $575.5m (£351m).The Wattenberg plant, located in the northeastern part of the state, has the capacity to process about 195 million cubic feet per day of natural gas and 15,000 barrels per day of natural gas liquids and gas condensate.The sale follows BP offloading of other US assets after the Gulf of Mexico oil platform explosion which claimed 11 lives and sent the company into crisis mode.Included in the sales have been a string of oilfields to Apache for $7bn. The group has a target of $30bn of sales by the end of the year. whatsapp BP sells stake in gas plant to Andarko Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap whatsapp John Dunne Share Tags: NULLlast_img read more

Banks cleared after probe into Parmalat

first_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comConnecticut man dies after crashing Harley into live bearnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Share whatsapp whatsapp Banks cleared after probe into Parmalat KCS-content Monday 18 April 2011 8:56 pm Show Comments ▼ A COURT in Milan has cleared Citigroup, Bank of America, Deutsche Bank and Morgan Stanley of market-rigging in a high-profile trial related to the 2003 collapse of food giant Parmalat.The four international banks had been charged for allegedly helping the Italian food group mislead investors at the time of the Parmalat scandal, dubbed Europe’s Enron. An Italian prosecutor had asked earlier this year that they should be fined and that about €120m (£105m) of their profits should be impounded.The four banks had repeatedly denied any wrongdoing. The Milan court also cleared all the executives at the four banks that had been charged in the trial. Tags: NULLlast_img read more