Bankers say the size of many equity capital markets (ECM) teams, which run deals ranging from stock market flotations to sales of secondary shares by already listed companies, has shrunk by around 30 per cent during the years of lean deal flow, and the pick-up in volumes has not yet spurred new hiring.
In: Finance6 Feb 2014
The 6,247 square metre site will create a massive 300 jobs, with a further 50 being transferred from the existing Hill Top Road store which will be closed making way for a further business to open up there.
If you heard that charitable funds were being used to speculate on food prices, invest in oil, nuclear and other polluting industries, pay multi-million pound bonuses to directors and finance the arms trade, you might be forgiven for immediately calling the Charity Commission. But, according to the Ethical Consumer website, these are all practices in which the UK's leading banks have been implicated and, as a result any charities that bank with them are effectively allowing their funds to be used for these activities.
Many readers point out the reason they chose Ultralase (over high street rivals) was the lifetime guarantee.
Better economic certainty ahead?
George Osbourne’s recent autumn statement suggests that the job is not yet done, but at least Britain is heading towards recovery and being in the black – even if that isn’t for another five years!
Still, with growth outstripping many in the developed world we can maybe breathe a sigh of relief over our Christmas dinner and raise a glass to a better 2014.
As we draw towards the end of the year I think it’s fitting to have a look back on 2013. I hope that interim managers picked up a few good assignments, and that clients invested and planned for the future. How was 2013 for you?
Our year has had many positives. I am fortunate to work with a great team and this year has been an all time high in terms of fee income, sales turnover and profitability. It puts us in great shape to capitalise on the opportunities that are presenting themselves for 2014.
Our 2013 started well with the appointment of Adam Kyriacou this spring to lead the Interim Partners team. Adam was lucky enough to join the company payroll just a day before our team headed off to Switzerland to indulge in some skiing, team building and celebration. We had much to celebrate as Interim Partners had just turned ten years old, which i believe is quite a milestone. In the summer months we discovered we had been voted the UK’s number one provider of interim managers by the Institute of Interim Management. This was a great achievement for our team and wonderful to receive in our anniversary year. However, whilst we are very happy to have gotten the votes, I believe that there is much more we can be doing and a huge amount to further achieve. We are a business that is at the beginning of its journey – not one to rest on its laurels.
This autumn we have witnessed both improved sentiment from our clients and an increase in opportunities for interim managers, which we hope will bode well for 2014. It’s great to see the beginning of a solid recovery.
Interim Partners have an exciting 2014 to look forward to. New members will join our team in the new year and we therefore hope to create and discover more opportunities for those in our interim community. We are developing a new website – any ideas at this stage gratefully received. We are also going to undertake some research into what constitutes good performance for an interim manager, and excitedly anticipate the research and reporting the results. Much to look forward to!
I hope you will enjoy the forthcoming festive season and are busy planning for a successful 2014!
Should you wish to provide feedback on our company or share your views on the interim management sector, I would be delighted to hear from you.
Doug Baird is the Chief Executive of the New Street Group.