The best places in the world to celebrate New Year’s Eve 2010 December 6, 2009 HOGMANAY IN EDINBURGHEdinburgh’s Hogmanay may not be quite the vast free celebration that it was when the city established itself in the Nineties as the New Year’s Eve capital of the world, but it’s still the greatest place there is to celebrate on the night. There’s the rowdy bonhomie of revellers braving the Scottish winter [...]
CITY MOVES WHO’S SWITCHING JOBS October 12, 2009 Credit SuisseThe bank has appointed François Roussely as a vice chairman in Europe and Pierre Fleuriot as a chief executive of Credit Suisse in France. Roussely joined the firm in 2005, having previously served as chairman and chief executive of Electricité de France between 1998 and 2004. Fleuriot has over 20 years of experience in [...]
RBS board may miss out November 4, 2009 THE boss and directors of Royal Bank of Scotland (RBS) may not get bonuses if the majority state-owned bank fails to hit government lending targets, sparking fears of an exodus of senior bankers, it emerged yesterday. Chief executive Stephen Hester and senior colleagues will miss out on payments if RBS falls short of lending conditions [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 30, 2009 FINANCIAL TIMESTHOUSANDS TRAPPED IN EARTHQUAKEThousands of people lay trapped beneath rubble and at least 75 were killed after an earthquake devastated large swathes of Indonesia’s West Sumatra province, according to government officials. Officials warned that the death toll from the 7.6-magnitude tremor – along the same faultline that yielded the earthquake that set off the [...]
A Tobin tax would destroy London without making the world safer November 8, 2009 It is imperative that Gordon Brown’s proposals to levy a Tobin tax on financial transactions be defeated. Such a tax would be a disaster: it would endanger Britain’s economic interests and do nothing for ordinary taxpayers or the stability of the financial system. Championing such a scheme reflects a failure to engage with the real [...]
PRIVATE EQUITY MOGUL MOULTON CRASHES THE PARTY FOR ALCHEMY September 24, 2009 IT’S always good to spot a familiar face, right? Well, perhaps not for private equity firm Alchemy, which was co-sponsoring the Investor AllStars awards at the Park Lane Hilton on Wednesday evening. Bigwigs arrived at the hotel to the sight of former boss Jon Moulton happily schmoozing the crowd, just weeks after sensationally quitting the [...]
Clubs vying for capital gains August 13, 2009 LAST YEAR might have been a bad one for the City, but for London’s clubs it was a boom time of sorts. Although Chelsea were the only side to finish with silverware, all five of the capital’s outfits claimed top 10 places, and most have reasonable hopes of improving this season. But on the eve [...]
Clubs vying for capital gains August 13, 2009 LAST YEAR might have been a bad one for the City, but for London’s clubs it was a boom time of sorts. Although Chelsea were the only side to finish with silverware, all five of the capital’s outfits claimed top 10 places, and most have reasonable hopes of improving this season. But on the eve [...]
FOCUS ON: PURLEY, SURREY August 6, 2009 AMBERHURST, 12 SILVER LANE, CR8 3HGPrice: £2.85mSet among park-like grounds on the Webb Estate conservation area, this imposing seven-bedroom house also comes with an annexe. The main bedroom has a dressing room, en suite and leads out onto a balcony. There are also seven reception rooms all of which have superb views and large windows. [...]
Ashley’s new bargain basement June 14, 2009 Newcastle United owner Mike Ashley has set up a £1 shop in the former Burberry headquarters in London’s West End, despite budget retailer TK Maxx being blocked from opening nearby. The former up-market building is now plastered with “sports clearance” signs. It is believed Ashley’s Sports Direct chain is using the store to clear old [...]