London apartments with classic stylings December 2, 2010 ANYBODY who wanders through the West End for any amount of time is taken with the stunning architecture, but many don’t get the opportunity to stay in these wonderful buildings. The new generation of serviced apartments, however, offers you the chance. These are proving increasingly popular for those who regularly spend time in London for [...]
Virgin Active limbers up with laundry acquisition October 11, 2010 Fitness group Virgin Active has saved a towel and laundry supplier from collapse, safeguarding 30 jobs. The gym operator has bought H20 Leisure Services, which went into administration last month. H20, based in Neasden, north London, supplies Virgin’s 50 clubs in the capital, which use more than 1m towels a month. Virgin said it decided [...]
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 [...]
Fitness First sparks fresh talk of an IPO September 5, 2010 FITNESS FIRST, the gym chain owned by BC Partners, is understood to be adopting international accounting methods in a move that could position it for a £1.2bn flotation. Fitness First’s 2009/10 accounts will be prepared in line with international financial reporting standards (IFRS), the format used by publicly listed companies. The news will prompt renewed [...]
FIT IN THE CITY August 9, 2010 FITNESS & DIET EXPERT Make sure you use those all-important minutes at the gym as efficiently as possible to get the most out of that lunchtime workout. Forget endless reps Research has shown that doing any more than 15-20 reps is a waste of time – you need to be failing at your 20th rep [...]
WORLD’S RICHEST RACK UP THE BILLIONS September 23, 2010 GOOD times are rolling back, steadily and surely, if the latest Forbes rich list is anything to go by. Amid all the doom and gloom last year, well over three quarters of the 400 billionaires on the list saw their wealth tank, with almost $40bn (£25bn) draining out of the coffers of the top ten. [...]
FIT IN THE CITY July 19, 2010 LEFT it until the last minute to tackle your beach body? Fear not – we have a brilliant 3-point plan to get you great results. PUMP SOME IRON Male or female, everyone’s problem areas look better for a bit of strength work in the gym. Aside from giving your body a more toned appearance, training [...]
Schweinsteiger injury worry for Low but no signs of Rooney ankle trouble June 24, 2010 GERMANY are sweating on the fitness of key trio Bastian Schweinsteiger, Mesut Ozil and Jerome Boateng ahead of Sunday’s clash with England. Midfielders Schweinsteiger and Ozil and defender Boateng all suffered minor knocks in Wednesday’s final Group D match against Ghana, which Germany won 1-0. Assistant coach Hans-Dieter Flick admitted it would be a major [...]
Feds charge former US mortgage boss with multi-billion fraud case June 16, 2010 THE former head of the now bankrupt mortgage lender Taylor, Bean & Whitaker Mortgage Corp (TBW) has been charged in a fraud scheme that led to multi-billion-dollar losses and targeted the 2008 federal bank bailout programme, US prosecutors said yesterday. Lee Farkas, 57, served as chairman of TBW, one of the largest privately held US [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]