WHAT THE OTHER PAPERS SAY THIS MORNING June 14, 2009 THE SUNDAYSThe Sunday Telegraph RBS INVESTORS SAY PAY CHIEF EXEC MORERoyal Bank of Scotland chairman Sir Philip Hampton has had to overhaul the planned incentive package for chief executive Stephen Hester after institutional investors raised concerns that it was not generous enough. INEOS DEBT SPARKS WORRIES OVER ITS FUTUREAuditors to Ineos, Britain’s biggest private company, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 14, 2009 THE SUNDAYSThe Sunday Telegraph RBS INVESTORS SAY PAY CHIEF EXEC MORERoyal Bank of Scotland chairman Sir Philip Hampton has had to overhaul the planned incentive package for chief executive Stephen Hester after institutional investors raised concerns that it was not generous enough. INEOS DEBT SPARKS WORRIES OVER ITS FUTUREAuditors to Ineos, Britain’s biggest private company, [...]
SIMON MACKENZIE-SMITH June 15, 2009 Merrill Lynch and Goldman Sachs are the joint bookrunners and sponsors of Punch Tavern’s fundraising, which is subject to approval at the company’s annual meeting in July. Merrill Lynch’s head of UK corporate and investment banking Simon Mackenzie-Smith is the client relationship manager for Punch Taverns. He represents a team that is lead by [...]
NEW SUNDAY TELEGRAPH BUSINESS EDITOR ON STEEP LEARNING CURVE August 20, 2009 AS A replacement for Sky’s newest business recruit Mark Kleinman, a man with one of the fattest contact books in journalism, the appointment of Kamal Ahmed as Sunday Telegraph business editor was never going to sit well with his jilted rivals. Ahmed, currently head of comms at the Equality and Human Rights Commission and a [...]
CITY VIEWS: DO YOU THINK THE RECESSION IS BEGINNING TO EASE? June 4, 2009 PAUL MCNALLY BRIT INSURANCE“I haven’t really noticed the recession, full stop. The pubs are full, the restaurants are busy. People say the housing and stock markets are down but that isn’t relevant unless you’re buying or selling, so elements of the crisis have been overblown.” ANNA KINGSMILL-VELLACOTT AKV“My gut feeling is that confidence is beginning [...]
SEEING IS BELIEVING AS 6,500 RUNNERS HIT THE CITY OF LONDON July 16, 2009 THE CITY was out in force last night for the fifth annual Standard Chartered Great City Run, and The Capitalist was impressed that as many as 6,500 of you tackled the five kilometre race in the name of the official charity, Seeing is Believing (SiB). The square mile closed to traffic so that teams from [...]
If you want a good quality of life, Helsinki’s your city June 16, 2009 YESZOE STRIMPEL THAT London hasn’t made it into the top 50 places to live in the Economist Intelligence Unit’s liveability survey doesn’t surprise me. These types of lists are compiled using utterly colourless criteria that bear little relation to what makes life worth living. Admittedly, Helsinki, Vienna and Zurich (all in the top 10) are [...]
Final Lloyd’s of London firm set to leave the FTSE 100 June 9, 2009 FTSE INTERNATIONAL is expected to confirm tonight that Amlin will be demoted from the FTSE 100, the last Lloyd’s of London insurers to leave the index. Based on last night’s share prices, pub company Whitbread and power station operator Drax Group are likely to join the insurer on the FTSE 250. Predicted to move back [...]
BEST OF THE BROKERS June 9, 2009 LONDON STOCK EXCHANGE (LSE)Analysts at Bernstein upgraded the LSE to “outperform” with a target price of 950p, based on the potential for cost-savings, a low interest rate environment and a strong post-trade environment to drive stock outperformance. The broker believes that consensus earnings for the group are understated and forecasts four per cent above average [...]
Back in the real world: how the rest of the country is coping a year on September 14, 2009 LET ME tell you about two pieces of writing. The first, a sign in an independent wine shop in an expensive part of London which I regularly cycle past on my way to work. It reads: “Just because we’re in recession doesn’t mean we have to drink bad wine.” The second is a piece of [...]