Cable says he is not a socialist June 3, 2010 VINCE Cable attacked banks yesterday for not lending enough to small firms –?though he insisted he was not a socialist and believes in the market economy. He said that in many cases, the most useful thing the government could do was to “get out of the way”, adding that the coalition government was going to [...]
Kidd proves man of moment to snatch glory for City A.M. June 6, 2010 CAPTAIN Jack Kidd scored in the last minute to hand Team City A.M. New York a dramatic 11-10 victory in the final of the MINT Polo in the Park tournament in London. Kidd swooped to strike the winner in a Square Mile showdown against Team IG Index Paris with just seconds to spare of regulation [...]
PIMCO’S GROSS LOWERS THE TONE WITH A TOUCH OF TOILET HUMOUR July 28, 2010 FULL marks to Pimco managing director Bill Gross, who has excelled even his own high standards of witty repartee in his latest Investment Outlook newsletter. The most recent missive is dedicated to none other than the humble toilet – more specifically, the advent of electronic “eye” sensors in place of a manual flushing system. “It’s [...]
SMITH JETS OFF ON LAST MINUTE HOLIDAY August 17, 2010 IN THE wake of the crisis, understated chic is still the name of the game for City top dogs – even when they’re kicking back on their summer hols. Who should be spotted by one of The Capitalist’s spies yesterday in Juan Les Pins, France, but Tullett Prebon boss Terry Smith, still pale-faced on the [...]
Bank of England rates paralysis to continue July 4, 2010 AS WE enter the first full trading week of the second half of the year, the markets remain in a foul mood. Bad news suggesting that the economic recovery has stalled invariably leads to daily sell offs while good news is ignored. In fact, when we get yet another Bank of England rate decision on [...]
CITY GOES RURAL IN A PASSION FOR SPEED July 4, 2010 CITY petrol-heads were out in force over the weekend, among 175,000 visitors to the Goodwood Festival of Speed at Goodwood House outside Chichester. Among the business visitors to the F1 racing event were Arnauld Bamberger of Cartier, Audi’s Peter Duffy, BlackRock’s James Charrington, and Alfa Romeo/Fiat Group’s Richard Gadeselli. They turned out to watch top [...]
CITY GOES RURAL IN A PASSION FOR SPEED July 4, 2010 CITY petrol-heads were out in force over the weekend, among 175,000 visitors to the Goodwood Festival of Speed at Goodwood House outside Chichester. Among the business visitors to the F1 racing event were Arnauld Bamberger of Cartier, Audi’s Peter Duffy, BlackRock’s James Charrington, and Alfa Romeo/Fiat Group’s Richard Gadeselli. They turned out to watch top [...]
Square Mile to lead rise in office rents October 14, 2009 Global real estate adviser DTZ yesterday said rents in the City would rise by eight per cent in 2010 – faster than previously expected. And DTZ said that London would lead the rest of Europe out of the property slump, due to a lack of supply in the capital. It upgraded its forecasts after the [...]
Square Mile to lead rise in office rents October 14, 2009 Global real estate adviser DTZ yesterday said rents in the City would rise by eight per cent in 2010 – faster than previously expected. And DTZ said that London would lead the rest of Europe out of the property slump, due to a lack of supply in the capital. It upgraded its forecasts after the [...]
BADGERS SET PACE AT CITY RUGBY SEVENS May 23, 2010 AN invitation side comprising fund managers, traders and brokers yesterday won the annual City Sevens rugby tournament in Richmond, sponsored by Neptune Investment Management. The City Badgers beat Apollo Multi-Asset Management in a hard fought final, making it the first time in four years that accounting firm PricewaterhouseCoopers failed to take the top honours. A [...]