Eversheds set to launch legal consultancy arm

first_img Tags: NULL Thursday 16 September 2010 8:45 pm whatsapp EVERSHEDS, the City law firm, is to become one of the first legal practices to move into the consultancy arena when the firm launches an independent management consultancy service next week.The new service, Eversheds Consulting, is hoping to rival organisations like PricewaterhouseCoopers and McKinsey & Co, which are already established in the market.Eversheds Consulting will target general counsel – in-house lawyers – at large companies to advise on how to efficiently deliver legal services while keeping tabs on costs and risk management.The move into the consultancy business is rare for a law firm and Eversheds Consulting will act as an independent company to the firm.London partner Graham Richardson will a lead the consultancy business full time.Richardson said: “The credit crunch started to change the way legal services are provided. There is a lot of pressure from the top to reduce legal spend.” KCS-content Sharecenter_img whatsapp 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 PastPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Show Comments ▼ More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com Eversheds set to launch legal consultancy arm last_img read more

ISA allowance to rise from April

first_img ISA allowance to rise from April Wednesday 13 October 2010 7:38 pm 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap KCS-content Share Show Comments ▼ The Individual Savings Account (ISA) limit will be increased by £470 in April next year, the government has confirmed. The increase is in line with the rate of inflation of 3.1 per cent in September as previously announced in the Budget. The increase means the amount savers can put into a stocks and shares ISA will rise from £10,200 to £10,670 in April 201 and, from £4,865 to £5,335 in the case of a cash-only ISA. More than 20m UK residents are estimated to have a tax-free ISA. whatsapp whatsapp Tags: NULLlast_img read more

Sixth forms set to suffer, but spending on schools is safe

first_img Show Comments ▼ SIXTH forms and further education colleges face stark cuts, though schools have been granted a real term budget rise, the coalition confirmed yesterday. The education maintenance grant, introduced by Labour to encourage 16 to 19 year olds to remain in education, will be scrapped to save £500m. Chancellor George Osborne said it would be replaced with targeted support for the less well-off, and that schools will receive a 0.1 per cent increase in spending in real terms throughout the five-year parliament. The Department of Education must find savings worth three per cent of its overall budget. The Association of Colleges said the news was “not as dire as we expected” but noted that further education colleges have already made savings and now face another 25 per cent budget cut. Andy Burnham, shadow education secretary, said protection of the schools budget was a “complete con” as spending per student will fall as the number of young people increases. Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky 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 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp whatsapp SIXTH forms and further education colleges face stark cuts, though schools have been granted a real term budget rise, the coalition confirmed yesterday. The education maintenance grant, introduced by Labour to encourage 16 to 19 year olds to remain in education, will be scrapped to save £500m. Chancellor George Osborne said it would be replaced with targeted support for the less well-off, and that schools will receive a 0.1 per cent increase in spending in real terms throughout the five-year parliament. The Department of Education must find savings worth three per cent of its overall budget. The Association of Colleges said the news was “not as dire as we expected” but noted that further education colleges have already made savings and now face another 25 per cent budget cut. Andy Burnham, shadow education secretary, said protection of the schools budget was a “complete con” as spending per student will fall as the number of young people increases. whatsapp KCS-content KCS-content Share Sixth forms set to suffer, but spending on schools is safe whatsapp Sixth forms set to suffer, but spending on schools is safe Tags: NULL,Wednesday 20 October 2010 8:05 pm Share Wednesday 20 October 2010 8:05 pm Tags: NULLlast_img read more

Apax to sell Hit Entertainment

first_img Venture capital firm Apax Partners is preparing to sell its stake in the children’s media company behind Thomas the Tank Engine and Bob the Builder, while it also undergoes another shake up of senior management. The firm has received a number of expressions of interest for Hit Entertainment from a range of US groups including Hasbro, Walt Disney and Viacom. Apax is also considering a sale of Trader Media, which publishes Auto Trader magazine. Apax to sell Hit Entertainment 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 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe 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 Share Thursday 28 October 2010 9:22 pm whatsappcenter_img KCS-content Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoDiscovery23+ Sports Stadiums Around the World That Are Abandoned NowDiscoveryUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo whatsapp Show Comments ▼ Tags: NULLlast_img read more

BEST OF THE BROKERS

first_imgSunday 28 November 2010 9:06 pm Show Comments ▼ ENTERPRISE INNSNumis rates the pub chain a “buy” with a target price of 155p. The broker recently met with management, and believes the firm’s shares should rise if it can return to growth in one or two years as planned, with flat profit in 2011. Shareholders could also benefit from the firm’s excess cash in the next few years.BALFOUR BEATTYGoldman Sachs has upgraded the construction firm to “buy” from “neutral” with a six-month price target of 272.5p, up 18 per cent. The broker believes that a recovery in the commercial construction market, particularly outside London, could help offset uncertainty over public sector projects.PETROFACEvolution Securities rates the oil firm “neutral” with a target price of £14.50. The broker views the company’s alliance with a Nigerian production firm as a chance to set up a long-term exploration business in the country with access to local expertise. The $100m deal will not alter short-term forecasts, Evo adds. KCS-content whatsapp 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 Tags: NULL whatsapp BEST OF THE BROKERS Sharelast_img read more

Chains boosted by festive spending on crisps and drink

first_imgTuesday 7 December 2010 8:37 pm KCS-content whatsapp whatsapp SALES of groceries at the major supermarket chains jumped in the final weeks of November, in a boost for the retail sector.J Sainsbury was the strongest performer with 6.8 per cent growth. There was 4.8 per cent growth on average across the board, according to the figures from retail analysts Nielsen.Chains outside the top four of Tesco Sainsbury’s, Morrisons and Asda also saw rises in the four weeks to 27 November.Waitrose and M&S saw healthy improvements in like-for-like sales.With Christmas coming, crisp sales jumped 9.7 per cent compared with the previous year, while fizzy drinks saw a nine per cent lift across the retailers.Mike Watkins, senior manager retailer services at Nielsen said: “Shopper spend is being promotionally pushed rather than consumer led. The end of November is typically the annual promotional peak and this year is no exception with 39 per cent of value sales being sold on some kind of promotion. “The greatest ever proportion of spend on offer was purchased in the alcohol and soft drinks categories.” However, early purchasing and bad weather has the potential to dampen early December numbers, Nielsen warned.Watkins added: “There is an indication that sales in some categories may have been brought forward by one or two weeks at the end of November due to the increased level of promotions.” He also said poor weather could boost sales for convenience stores. Share Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof Tags: NULL Show Comments ▼ Chains boosted by festive spending on crisps and drink last_img read more

Anglo to restructure debts

first_img KCS-content More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com whatsapp Tuesday 21 December 2010 8:24 pm whatsapp Tags: NULLcenter_img Share Bondholders at Anglo Irish Bank have voted to support a restructuring of the bank’s debts. More than 90 per cent of holders of two sets of outstanding bonds have agreed to take part in the restructuring in exchange for an offer of 20 per cent of the face value of their claims. The exchange, which offers less than market value for the bonds, is being seen as a test case for bank debt restructurings. 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 PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Show Comments ▼ Anglo to restructure debts last_img read more

Basel tightens rules on bank hybrid debt

first_imgThursday 13 January 2011 8:38 pm Show Comments ▼ KCS-content More From Our Partners A 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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com GLOBAL bank regulators yesterday laid out rules to make clear holders of hybrid bank debt will take losses if a lender becomes insolvent, so that taxpayers aren’t left to foot the bill.One of the biggest controversies of the financial crisis was how holders of subordinated bank capital debt escaped liability for bank failures even when public funds were being used to shore-up faltering institutions.“The Basel committee today issued minimum requirements to ensure that all classes of capital instruments fully absorb losses at the point of non-viability before taxpayers are exposed to loss,” the committee said.The global banking watchdogs’ rules were in line with last August’s draft proposal. The committee will publish a keenly awaited draft later this year for dealing with a bank’s bonds when capital levels move below minimum requirements but the lender’s problems are not yet terminal.“Tier 2 capital instruments [mainly subordinated debt], and in some cases Tier 1 instruments, did not absorb losses incurred by certain … banks that would have failed had the public sector not provided support,” the committee added. Share 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 Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldcenter_img Basel tightens rules on bank hybrid debt whatsapp whatsapp Tags: NULLlast_img read more

EFSF bond anticipates huge investor demand

first_img EFSF bond anticipates huge investor demand alison.lock Show Comments ▼ whatsapp The European Union’s bailout fund is expecting overwhelming investor demand as it prepares for its first-ever bond issue tomorrow.The €5bn (£4.25bn), five-year European Financial Stability Facility bond is already said to be multiple times oversubscribed by investors’ initial bids.Some sources have told Reuters that orders for the bond are already in excess of €20bn.An investor call arranged by the bond’s co-lead managers, Citigroup, HSBC and SG CIB on Monday had over 400 listeners, one source said.The EFSF bond is to be a maximum of €5bn and the order books officially open at 8am UK time.Investors have been told the spread would be in the range of mid-swaps plus eight basis points when the trade is officially announced. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMisterStoryWoman 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 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 whatsappcenter_img Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily 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 ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Monday 24 January 2011 2:58 pm Tags: NULLlast_img read more

Manufacturing grows at record pace

first_img Share Tags: NULL whatsapp Show Comments ▼ Tuesday 1 February 2011 4:50 am John Dunne center_img Manufacturing grows at record pace Manufacturing activity grew in January at its fastest pace since records began in 1992, and factory costs also surged, in a further sign that price pressures are building in the economy, a survey showed.Employment in the manufacturing sector also rose at the quickest pace since the records began.The Markit/CIPS manufacturing Purchasing Managers’ Index (PMI) climbed to 62.0 in January from an upwardly revised 58.7 in December. That was the highest reading since the survey began in 1992 and well above the consensus forecast of 57.9.The survey, released on Tuesday, showed that new orders and employment also rose at their fastest rate on record and factory gate prices climbed at their strongest clip since August 2008.The figures suggest the manufacturing sector continues to enjoy strong growth even as broader economic activity remains subdued, and is likely to raise expectations that interest rates will have to rise sooner rather than later.The Bank of England left its key interest rate at a record low 0.5 percent in January, but two of the nine-member Monetary Policy Committee voted for a quarter-point increase, because of concerns about inflation, which is running at almost double the Bank’s 2 percent target.“The hackles of the hawks on the Bank of England’s Monetary Policy Committee will no doubt be raised,” said Rob Dobson, senior economist at survey compiler Markit.The manufacturing PMI has remained above the 50.0 mark separating expansion and contraction for the past year and a half.Manufacturing, which accounts for around 13 percent of the British economy, was one bright spot in shock GDP figures published last week that showed the economy shrank by 0.5 percent in the last three months of 2010.The GDP contraction had already been reflected in a Markit/CIPS services PMI in December, which showed services output fell for the first time since April 2009.The manufacturing sector is doing much better and Markit said bad weather was not a prominent factor affecting activity in either December or January.The sector needs to keep expanding and create private sector jobs to offset planned cuts in the public sector as the coalition government seeks to slash a record budget deficit.Companies in January reported improved demand from both domestic and overseas markets, with the rate of increase in export orders among the fastest since the survey was launched in 1992. Growth reflected higher sales to the United States, emerging markets, Scandinavia and Australia.However, inflationary pressures also continued to build, with substantial increases seen for both input costs and factory gate prices.Manufacturers indicated prices were rising for a range of raw materials including chemicals, cotton, energy, food products, metals, packaging, paper and timber. whatsapplast_img read more