A Tudor folly with five floors, a great local and superlative views September 20, 2009 FRESTON Tower is located on the River Orwell near Ipswich – from its rooftop you can see the cargo ships approaching from miles off, making their leisurely way to and from the dramatic Orwell Bridge. The tower was built in 1578 by a wealthy Ipswich merchant called Thomas Gooding, though the exact reason for its [...]
A Tudor folly with five floors, a great local and superlative views September 20, 2009 FRESTON Tower is located on the River Orwell near Ipswich – from its rooftop you can see the cargo ships approaching from miles off, making their leisurely way to and from the dramatic Orwell Bridge. The tower was built in 1578 by a wealthy Ipswich merchant called Thomas Gooding, though the exact reason for its [...]
BEST OF THE BROKERS August 3, 2009 COOKSONDeutsche Bank has upgraded its forecast in metal products supplier Cookson from “Hold” to “Buy”. Despite previous cuts, due to the brokers’ belief that Cookson may breach its covenants on its debt in December. It says it still regards the firm as a high-risk recovery play but has upped its target price to 500p, from [...]
BEST OF THE BROKERS August 3, 2009 COOKSONDeutsche Bank has upgraded its forecast in metal products supplier Cookson from “Hold” to “Buy”. Despite previous cuts, due to the brokers’ belief that Cookson may breach its covenants on its debt in December. It says it still regards the firm as a high-risk recovery play but has upped its target price to 500p, from [...]
PARTY STALWART TEBBIT HAPPY TO STICK HIS NECK OUT FOR THE CITY October 8, 2009 TO ONE of the City’s favourite haunts, Boisdale of Bishopsgate, last night for a special members’ game dinner hosted by Lord Tebbit, staunch Thatcherite and eternal bearer of the beacon of those on the right of politics. Tebbit, as is his wont, was happy to wax lyrical about the issues facing the Tories in the [...]
PARTY STALWART TEBBIT HAPPY TO STICK HIS NECK OUT FOR THE CITY October 8, 2009 TO ONE of the City’s favourite haunts, Boisdale of Bishopsgate, last night for a special members’ game dinner hosted by Lord Tebbit, staunch Thatcherite and eternal bearer of the beacon of those on the right of politics. Tebbit, as is his wont, was happy to wax lyrical about the issues facing the Tories in the [...]
Madoff’s fraud was driven by pure revenge October 14, 2009 THE BELIEVERSBY ADAM LEBOROrion, £18.99Budapest-based journalist Adam LeBor’s book about the world’s greatest fraudster comes on the heels of American investigative journalist Erin Arvedlund’s tell-all (or rather, as much as she could) about Bernard Madoff. LeBor’s book is packaged slightly differently but there’s no escaping he’s a bit of a sloppy second. His stance is [...]
Punch shares sink on news of cash call June 15, 2009 SHARES in pub company Punch Taverns plummeted yesterday after it unveiled a £350m fundraising aimed at reducing its large debt burden. Stock in the firm plunged 30 per cent to 104p by yesterday’s close. Punch, which owns 7,900 pubs around the UK, said it would use the bulk of the proceeds to buy back £275m [...]
Gastronauts land on King’s Road with tasty but predictable results June 15, 2009 THE CADOGAN ARMS 298 KING’S ROAD, SW3 5UG Cost per person without wine: £25 UNTIL it was closed for a grand refurbishment a few months ago, the Cadogan Arms, a roomy pub half way along the King’s Road, was defined chiefly by a clientele consisting of teenagers and those on gap years. For years, the [...]
CITY ON THE CUSP OF APPOINTING NICK ANSTEE AS NEXT LORD MAYOR September 23, 2009 UNDER a week to go until the appointment of the man who will replace Lord Mayor Ian Luder at the helm of the City of London. The new boss won’t officially take up residence in his swanky Mansion House digs until his official inauguration in November, though the election – if you can call it [...]