Linklaters put on alert over Lehman help March 14, 2010 LEGAL regulation body, the Solicitors Regulation Authority (SRA) is currently deciding whether to further investigate commercial law firm Linklaters in connection to advice it gave to stricken bank Lehman Brothers. A US court appointed report into the failings of the American bank found that Linklaters had advised Lehman Brothers on an off-balance sheet transaction called [...]
TRAVEL NOTES – UK EASTER BREAKS February 28, 2010 Cameron House, Loch Lomond Children can stay for free over Easter at Cameron House, one of the most splendid hotels in the British Isles. It occupies a grand 18th century country pile on the bonnie bonnie banks of Loch Lomond, and you can go sailing and fishing on the loch, take a sea plane trip, [...]
Welfare state requires a revolution February 24, 2010 FOR once, some good news. The City has become slightly more optimistic about the size of the budget deficit. The consensus view is that it will hit around £171bn for 2009-10; remarkably, this is marginally lower than the £178bn predicted by the Treasury. Not that this should be cause for celebration: even such a slightly [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 17, 2010 FINANCIAL TIMES DISEASE SENDS SALMON PRICES LEAPING Salmon prices are jumping after the collapse of the Chilean industry through fish disease caused a sharp decline in global supply. Wholesale prices for Norwegian-produced Atlantic salmon have risen 20.6 per cent since the start of the year , says Statistics Norway. That has extended a year-long rally [...]
Toyota adds brake system to calm fears February 17, 2010 TOYOTA will add a brake-override system to all future models worldwide in the wake of brake and accelerator defects that led to the recall of more than 8.5m vehicles. The system cuts engine power when the accelerator and brake pedals are applied at the same time and Toyota hopes the move calms customer fears, particularly [...]
Competition still fierce as grad vacancies go up February 17, 2010 THE graduate recruitment market is showing significant signs of improvement in 2010 after being brought to all but a standstill by the recession, according to two recently published reports. But while there is positive news, many of this year’s graduates will be lucky to see its effects, with competition remaining extremely intense. A study published [...]
Toyota’s troubles drag on February 16, 2010 CLASS action lawsuits are piling up against Toyota and could cost the carmaker billions of dollars in damages. Toyota owners are “charging gross negligence on the part of the automobile manufacturer,” following its decision this month to recall 8.5m cars. It is understood that 44 class action lawsuits have been filed and could amount to [...]
Toyota’s troubles drag on February 16, 2010 CLASS action lawsuits are piling up against Toyota and could cost the carmaker billions of dollars in damages. Toyota owners are “charging gross negligence on the part of the automobile manufacturer,” following its decision this month to recall 8.5m cars. It is understood that 44 class action lawsuits have been filed and could amount to [...]
INNER PEACE LEADS TO PRODUCTIVITY | OTHER RESOURCES IN LONDON February 15, 2010 The Art of Meditation at the Bishopsgate Institute Modern living is crying out for meditation, a tool that can help you develop a relaxed, alert and focused state of mind and bring about a gentle transformation of emotional experience. This course will introduce the practice of meditation and explore ways of integrating its benefits into [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 8, 2010 FINANCE TIMES DE SHAW MOBILISES TEAM TO BUY DISTRESSED ASSETS OF FUND RIVALS DE Shaw, the third largest hedge fund, has established an in-house team to look at buying portfolios of distressed assets and is targeting the holdings of rival hedge funds. The DE Shaw Portfolio Acquisitions Unit, launched last year, aims to capitalise on [...]