RSA CELEBRATES THREE CENTURIES OF INSURING PRIZED CITY ASSETS May 27, 2010 CITY insurer RSA certainly knows how to celebrate in style. The firm is celebrating its 300th anniversary this year – though it’s not sure of the exact day – and has been busy thinking up various gimmicks to mark the occasion. First of all, RSA roped in brewer Shepherd Neame to create a special anniversary [...]
FTSE drops after Spain downgrade April 28, 2010 BRITAIN’S top share index closed lower yesterday, extending the previous session’s steep falls, after ratings agency Standard & Poor’s cut Spain’s credit rating to AA, overshadowing strong corporate earnings. The FTSE 100 index closed down 16.91 points, or 0.3 per cent, at 5,586.61, after it tumbled 2.6 per cent on Tuesday — its biggest one-day [...]
WORLD CUP STOCK PICKS ARE FAR FROM A SAFE INVESTMENT PLAY May 26, 2010 YET more World Cup fun and games from the financial sector, as Halifax Share Dealing yesterday launched a “Sports Stocks Index” based on the upcoming tournament. The broker’s method was to match shares to each of the competing World Cup nations by matching their Fifa country abbreviations to a ticker symbol on an international exchange. [...]
A bizarre night of telly to match the result May 7, 2010 BOB Hope memorably described the Oscars as “two hours of entertainment spread out over four hours”. You have to wonder what he’d have made of election night TV, which started when polls closed last night and is still going on. David Dimbleby presided over his eighth election night for the BBC, holding forth in a [...]
FOOD & BOOZE NEWS March 31, 2010 BRUNCH AT HAWKSMOOR We’ve long known that East End restaurant Hawksmoor was one of the best places to eat meat, and it’s now servring a truly spectacular brunch. From 11am you can get stuck into steak and eggs – choose from seven different steaks, and add half a lobster if you like – sausage and [...]
No men in tights: Russell Crowe shows the gritty side of a legend May 13, 2010 Film ROBIN HOOD Cert: 12A *** ROBIN HOOD is the fourth collaboration between Russell Crowe and director Ridley Scott, and comes a decade after their first outing, the majestic Ancient Rome saga Gladiator. It shares that film’s muscular swordplay, gritty historical vision and interest in ancient politics, but lacks its pile-driving sense of excitement. Whether [...]
GOLDMAN AND GORDON HAVE SEEN BETTER DAYS April 21, 2010 GORDON Brown’s savage attack on Goldman Sachs for being “morally bankrupt” must have come as a surprise to those who can recall a time when the Prime Minister’s attitude to the bank was rather different. BGC’s veteran market commentator David Buik yesterday reminisced about a fundraising gala dinner he attended years ago in aid of [...]
FTSE ends higher on oil and mining after upbeat US data April 6, 2010 BRITAIN’S top shares closed 0.6 per cent higher yesterday, lifted by firmer commodities after upbeat US data raised demand expectations, while Vodafone fell as Verizon merger talk cooled. The FTSE 100 ended up 35.46 points at 5,780.35, having earlier hit a fresh 21-month intra-day peak of 5,790.40. The index climbed 1.2 per cent on Thursday [...]
City mourns Sir Brian Pitman March 11, 2010 SIR Brian Pitman, one of the most respected bankers of his generation, has died aged 78. Pitman, who was latterly chairman of Virgin Money, led Lloyds Bank for 18 years before retiring almost a decade ago. In his time as chief executive and then chairman of Lloyds, Pitman built the bank from a £1bn business [...]
United won’t snatch Jack like Rooney, insists Moyes February 21, 2010 EVERTON manager David Moyes is confident he can keep his latest teenage prodigy, Jack Rodwell, out of the clutches of Manchester United. Rodwell, 18, boosted his burgeoning reputation by climbing off the bench to score a superb solo goal that capped a shock 3-1 win over the Premier League champions on Saturday. That will only [...]