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Breaking News

Gove admits to selling off more school playing fields than he previously disclosed.
Figures show 30 fields approved for disposal since 2010.

P&O Cruises has signed a £2 million deal to sponsor the third series of ITV’s hit period drama Downton Abbey.

John Lewis will launch its first pop-up shop in September as it experiments with building up hype ahead of new store openings.

Aviva and other non-Olympic sponsors are running advertising in today’s newspapers featuring Olympic athletes as they seek to take advantage of the end of the advertising blackout period.

Bwin has signed up as official online gaming and betting partner of Manchester United in a three-year deal designed to grow its social gaming business.

IPC’s flagship music title NME and Bauer’s Q magazine registered dramatic year-on-year and period-on-period circulation falls, while the top film magazines sailed a steady ship in the first six months of the year.

Ian Dowds, who recently left his role as the sales director at News International, has joined its rival as the managing director, media, at Trinity Mirror Digital.

Rupert Britton, content strategy director at Drum, has joined Starcom MediaVest Group’s branded content division LiquidThread as content strategy director.

CNBC has appointed vice-president of advertising at The Economist Jason Webby as senior vice-president of sales.

J.P. MORGAN ASSET MANAGEMENT

The firm hired Varcity Kariuki as its executive director and client portfolio manager. Kariuki earlier worked at J.P. Morgan Private Bank as its Global Head of Managed Fixed Income.

MERCER

The wholly owned subsidiary of Marsh & McLennan Companies Inc appointed Edmund Teo to lead the Wealth Management team that provides advisory and research services to private Asian banks and other financial institutions.

RSA INSURANCE GROUP PLC

The insurer appointed Matt Hotson as Investor Relations Director. Matt will join RSA in early September from Cable & Wireless Worldwide, where he was responsible for Corporate Finance and IR.

ARAB BANK

The chairman of Jordan’s biggest lender Abdel Hamid Shoman, resigned on Thursday after a long dispute with the chief executive over how the bank was run. Abdel, whose family founded the bank in Jerusalem, announced his resignation in an internal company document seen by Reuters.

M&G INVESTMENTS MANAGEMENT LTD

The company appointed Robert Heaney and Billyana Kuncheva as part of their distribution team.

The two will be based in Amsterdam. Heaney previously worked at Royal Bank of Scotland in Stockholm, where he was responsible for coverage of the insurance sector.

Prior to this appointment, Kuncheva worked at Aktia Invest, where she was responsible for fixed income and alternatives manager selection.

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