Any Other Business – 29/08 August 28, 2013 Wealth management firm Vestra hosted the unofficial Square Mile sports day last night, holding its second annual dodgeball tournament at the Honourable Artillery Company’s sports ground in Moorgate. Of course fancy dress was mandatory, with teams from Investec, Aberdeen Asset Management, Barclays and BNY Mellon all looking the part. More competitive than the dodgeball was the battle [...]
Any Other Business – 08/08 August 7, 2013 ■ Mark Carney Watch was on red alert yesterday, as the new Bank of England governor gave his much-anticipated inflation report. And bookmakers didn’t waste any time releasing odds on when Carney would break his own forward guidance policy. Bookies Ladbrokes gave the governor 1/3 to renege before his term finishes (Carney won’t be too [...]
No hole in one for City Blind Date golfers August 22, 2013 FORMER trader and boss of website yourgolftravel.com Ross Marshall has found himself back in the Square Mile world recently, after organising rounds of Blind Date golf for City putters. Marshall’s golfing jolly website normally sends golfers to play at over 300 courses around the world. However, The Capitalist hears that this summer Marshall invited 2,000 [...]
Omnishambles and bitcoin make it into Oxford Dictionaries online August 27, 2013 WORDSMITHS in the Square Mile will be pleased today, as Oxford University Press (OUP) has announced the latest additions to its online dictionaries. The Capitalist enjoys seeing City lingo making it into everyday lexicon – and the new round of entries includes plenty of financial vernacular. OUP’s 2012 Word of the Year omnishambles – “a situation that [...]
Review: Dirty Burger/Chicken Shop Stepney June 20, 2014 Food: ★★★★☆ | Value: ★★★★★ | Atmosphere: ★★★☆☆ A few months ago I swore to myself I was going to stop reviewing anywhere that’s part of a trendy chain; Dirty Burger and Honest Burger and Burger and Lobster and Patty and Bun. Not because I don’t like them – I slum it with the rest of the plebs [...]
Investor clash may spark sale of Heron Tower September 18, 2013 ONE OF London’s tallest buildings is at the centre of a shareholder battle that may result in the property being put up for sale. Investors in the Heron Tower on Bishopsgate are understood to be unable to reach an agreement over when they can realise the value from their investments. Property magnate Gerald Ronson’s firm [...]
Free and unlimited Wi-Fi comes to the Square Mile for first time December 17, 2012 UNLIMITED and free Wi-Fi will be spread across the Square Mile from today, following a new deal signed between the City of London and Sky’s The Cloud service. The move – which will bring wireless internet to 400,000 people in the City – comes after a successful trial of the service during the Olympics. The [...]
Saluting all those who served the country October 20, 2013 ALMOST 400 guests flocked to the Guildhall on Friday for the third Square Mile Salute banquet, hosted by Michelin-starred chefs Albert and Michel Roux Jr. With support from leading players in business and politics, including Lord Ashcroft and the spread-betting group CMC Markets, the event has grown into a hotly anticipated culinary masterpiece and a [...]
Inmarsat offers free plane tracker May 12, 2014 THE BRITISH firm whose satellites helped to narrow the search for the missing flight MH370 yesterday offered free satellite tracking for almost all of the world’s long-haul passenger planes. Inmarsat executive chairman Andy Sukawaty said “it’s the right thing to do” as the aviation industry tightens up rules on plane tracking, two months after the [...]
Oriel forges alliance with Canadian firm CIBC September 16, 2013 ORIEL Securities has struck a deal with Canadian bank CIBC that will see the stockbroker take a loan from its larger peer and work together on deals. Oriel, which had been the subject of months of takeover rumours, said the arrangement builds on an earlier deal to distribute the London-based broker’s research in North America. [...]