BAILOUT CHIEFS FACE HOLLYWOOD PARADE April 8, 2010 HERE’S betting that the key players in the downfall and rescue of the US banking system never believed they’d have it so good. After countless sleepless nights and stress-soaked days, it’s probably fair to say that policymakers and bank bosses weren’t looking their best when they emerged, battered and bruised, on the other side of [...]
The fund manager who swallowed New Star and is looking for more March 28, 2010 We are at the beginning of the end of the financial crisis, according to the chief executive of Henderson Global Investors. “It will be a very slow recovery throughout 2010,” says Andrew Formica, the 38-year-old boss of the UK’s third-largest listed fund manager, which boasts assets under management of £58.1bn. The confident Australian is sat [...]
GLIMMERS OF HOPE WITHIN THE UK’S SLUGGISH RECOVERY March 17, 2010 IT seems that every week the UK economy clocks up more evidence of its disappointing recovery from the recession. The spectre of a hung parliament and a mountainous fiscal deficit is only adding to the image of the UK as the sick man of Europe. And the UK does indeed look sick. It can’t even [...]
Ronson plans City hotel March 4, 2010 GERALD RONSON, the billionaire and head property group of Heron International, has submitted plans to build a five-star hotel and more than 100 luxury apartments in the heart of the City of London as part of a large £500m project. The plans will see a five-star hotel run by Four Seasons and 120 luxury flats, [...]
CITY SET FOR HERON’S ROOM WITH A VIEW February 18, 2010 BUSINESS hotshots out to impress in the City’s culture of superlatives, take note: plans are finally afoot to find a restaurateur to take on what will soon become the venue with some of the best views over the Square Mile. Heron Tower, the 46-storey Bishopsgate glass and stainless steel giant due for completion just over [...]
British stocks hold their shine in spite of gloom February 17, 2010 UNEMPLOYMENT is high, the economy is barely out of recession and the UK’s fiscal deficit is cause for concern. Compared to emerging markets where growth is storming ahead, it seems like a no-brainer as to where to invest. Barclays Stockbrokers’ clients agree – half think emerging markets will deliver the greatest returns in 2010 while [...]
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 [...]
Ten places to toast the Bard on Monday January 20, 2010 GALVIN AT WINDOWS Basking in the glory of its newly-awarded Michelin star, the Galvin brothers’ stunning restaurant at the top of the Park Lane Hilton is offering a special Burns’ Night cocktail, the Smoke on the Water made with Laphroaig 10 years, and served with smoked salmon, brown bread and lemon, at £15 a go. [...]
MEETING OF MINDS AS CITY TITANS PARTNER UP January 19, 2010 IT’S not every day you see an alliance struck up between one of the Square Mile’s most outspoken private equity veterans and the only female chief executive of an independent City stockbroker. But when Alchemy Partners founder Jon Moulton yesterday confirmed he had started in his new non-executive chairman role at broker FinnCap, headed up [...]
Redknapp hit with tax evasion charge January 14, 2010 TOTTENHAM manager Harry Redknapp will appear in court next month after being charged with two counts of tax evasion. Redknapp, 62, is accused of cheating the public revenue of around £40,000, relating to two payments totalling £183,000 from former Portsmouth chairman Milan Mandaric. Ex-Pompey manager Redknapp was charged yesterday after voluntarily attending Bishopsgate police station [...]