UBS client in US admits tax fraud July 28, 2009 A US client of Swiss bank UBS pleaded guilty yesterday to using Swiss bank accounts to hide more than $8m from US tax authorities. And he said a Swiss government official received $45,000 to help cover up the fraud. Jeffrey Chernick of New York admitted using using a UBS account for tax fraud, as he [...]
WHERE DO YOU STAND AFTER L&G’S HALF-YEAR RESULTS? August 4, 2009 BARRIE CORNES PANMURE GORDON“The dividend cut was anticipated. Key takeaways for us are capital strength, increased new business margins and bond default provisioning, good cash flow and Legal & General Investment Management remains core to the business. We maintain our “buy” stance.” TONY SILVERMAN S&P EQUITY RESEARCH“L&G will trade at a discount until reporting uncertainty [...]
WHERE DO YOU STAND AFTER L&G’S HALF-YEAR RESULTS? August 4, 2009 BARRIE CORNES PANMURE GORDON“The dividend cut was anticipated. Key takeaways for us are capital strength, increased new business margins and bond default provisioning, good cash flow and Legal & General Investment Management remains core to the business. We maintain our “buy” stance.” TONY SILVERMAN S&P EQUITY RESEARCH“L&G will trade at a discount until reporting uncertainty [...]
Gervais is on form, and that’s no lie October 1, 2009 FilmTHE INVENTION OF LYING12A***RICKY GERVAIS is God. Or at least, that’s what he just about becomes in this quirky comedy which should be able to charm even those suffering from Gervais fatigue. It’s set in a world like our own, except for the fact that nobody has ever told a lie. Hearing exactly what people [...]
ABOVE PAR golfbreaks September 28, 2009 AS the nights start to close in, golfers will be looking at the skies with some nervousness. Before the sleet and hail start, though, autumn is the perfect time to squeeze in a few rounds. Luckily for those of us who live in and around London, there are plenty of stunning golf courses just a [...]
THE TIPSTER RESULTS AND BUYOUTS TO FUEL MARKET August 9, 2009 Interim results are still dominating the headlines and the markets at the moment so spread betters should be well aware of which companies are reporting and what the market is expecting from them. Insurance company Friends Provident reports interims on Tuesday and investors will be hoping for an update on the Resolution situation. For investors [...]
Mezze with chic that won’t break the bank August 31, 2009 Le Comptoir Libanais65 Wigmore Street, W1U 1PZ, Tel: 020 7935 1110Cost per person without wine: £16 THINK of affordable Middle Eastern food in London and you probably think of lowest common denominator chains like Tas, dishing out hummus-by-numbers in tired, tatty surroundings. But by incorporating a bit of French pizzazz into its title, Le Comptoir [...]
FOCUS ON: BRENTWOOD, ESSEX July 30, 2009 THE GALLERIES, WARLEYPrice: From £285,000 for a one-bedroom apartment. This unusual conversion of a derelict Grade II-listed Victorian hospital offers buyers high quality properties within a period setting, which have been developed in keeping with the style of the property. Set on the outskirts of Brentwood, the nearby mainline station has direct services into London [...]
Calpers sues credit rating agencies over poor gradings July 15, 2009 CALPERS, the biggest US public pension fund, has sued the three largest credit rating agencies for giving perfect grades to securities that later suffered huge subprime mortgage losses. The California Public Employees’ Retirement System said in a lawsuit filed last week in California Superior Court in San Francisco that it might lose more than $1bn [...]
Enjoy the beautiful game this autumn September 16, 2009 NOW that we’re a month into the season, things really start to get exciting for those who love their meat to be hearty, hunted wild and peppered with the odd shotgun pellet. For the first month it’s all about grouse, hunted from 12 August onwards, but as the weeks go by, other animals creep onto [...]