CITY GYM LAUNCHES FAT BANKER CHALLENGE October 6, 2010 HOT ON the heels of last week’s much-lauded “Best Dressed Banker” award, and The Capitalist’s own rundown of the top ten hunkiest gents and loveliest ladies in the City, published in the summer, comes another, err, extra-curricular competition for London’s financiers. Matt Roberts, personal trainer to the stars, is on a mission to help the [...]
A home away from home in Poland’s loveliest city October 26, 2010 IT is a pity that ancient and beautiful Krakow is no longer the capital of Poland – sometime towards the 19th century Polish kings veered towards Warsaw for business but they always asked to return to Krakow for their final resting place, as did many famous Polish saints, poets and bishops. These days, Krakow is [...]
Stuart Rose set to join Bridgepoint September 13, 2010 OUTGOING Marks & Spencer boss Sir Stuart Rose will join private equity group Bridgepoint as an adviser, the firm will announce today. The controversial M&S chairman will take a place on the Bridgepoint advisory committee, which is chaired by former chief secretary to the treasury Alan Milburn. A Bridgepoint spokesman told City A.M. Rose is [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 14, 2010 FINANCIAL TIMES BP TO PRESS ON WITH CANADA OIL SANDS PLAN BP will press ahead with its plan to invest in Canada’s controversial oil sands, the company will signal at Thursday’s annual general meeting, in spite of protests from environmentalists and concerns among some shareholders. More than 140 investors have backed a resolution calling for [...]
Reds face more owner strife as Hicks plans £282m buy-out September 19, 2010 LIVERPOOL fans have been warned they could face two more years of boardroom turmoil as the battle for control at Anfield rumbles on. Unpopular American Tom Hicks is reportedly preparing a £282m deal to retain his current share of the debt-ridden club and buy-out of co-owner George Gillett. It was revealed that Hicks is to [...]
Civil servants need to be accountable October 11, 2010 WHAT a surprise. Sir Philip Green has found that the Government is “lamentably bad” at the procurement of goods and services and the management of its property portfolio. The budgets he looked at are worth £191bn in total, and he believes billions could be saved. He argues that the public sector is spending £700m a [...]
The crunch has made foreign dream homes far more affordable September 30, 2010 TOUGH economic times have opened the door for a new generation of property investment. Tumbling prices in both the UK and abroad have actually made this investment option more accessible than it was prior to the credit crunch. Nick Clark, managing director of the Property Investment Show, says: “House prices in England and Wales suffered [...]
Owners may yet halt deal October 6, 2010 LIVERPOOL’S sale to American group New England Sports Ventures could be delayed or even derailed by a legal challenge from current owners Tom Hicks and George Gillett, sports business experts warned last night. Reds chairman Martin Broughton is adamant the board has the right to sell the club to John Henry’s NESV for £300m, even [...]
Spreading risk is crucial if you want to build a stable portfolio December 1, 2010 ONE traditional rule of investing is quite simple. Take your age, subtract it from 100 and invest that percentage of your portfolio in equities and the rest in bonds. When you are young, you have more of your money in stocks, which traditionally perform better over time. As you get older, you move more into [...]
The City is a vital component in UK prosperity October 10, 2010 Now that we have reached the end of the 2010 Party Conference season, it is perhaps time to take a step back and reflect on some of the rhetoric directed at the City in a calm, rational manner. The hostile political environment facing financial services is – to a degree – understandable given the public [...]