Huntsworth headhunts City guru

PUBLIC relations firm Huntsworth plans to expand into financial PR later this year and has approached Nick Miles, one of the sector's top names.

Huntsworth chief executive Lord Chadlington has held talks with Miles, who founded Financial Dynamics, one of the leaders in the sector. Miles has been ousted by Financial Dynamics' owner Cordiant.

The terms of his pay-off from Cordiant prevent Miles from competing in the industry until later this year.