Dish of the Day: Vivek Singh’s lamb and sweetcorn curry July 29, 2014 I’ve been executive chef with the Cinnamon Group since 2001. That was at the start of the wave of modern Indian cuisine in Britain. The Cinnamon Club in Westminster was the first restaurant in the group to open about 14 years ago and it’s a temple of gastronomy. It’s very close to the House of [...]
Libor-rigging scandal: Tom Hayes lost his Citi job over his methods, prosecutors tell court May 26, 2015 Former trader Tom Hayes was fired in 2010, four years after he started attempting to manipulate Libor, according to the prosecution’s case in court yesterday. Lawyers presenting the Serious Fraud Office’s (SFO) case in Southwark Crown Court said the former UBS and Citi banker received complaints just months after he started to work at [...]
Inflation back to zero: Here’s what the analysts said July 14, 2015 Falling clothing and food prices sent Britain back into "noflation" in June, down from 0.1 per cent in May, according to figures releases today by the Office for National Statistics. Read more: Britain falls back into "noflation" territory Here's what analysts had to say: Chris Williamson, chief economist at Markit, said: Core inflation (excluding energy, food, [...]
Six years of ultra-low interest rates: Where can you find income? March 3, 2015 Consider markets buoyed by QE, and remember that cash will be a lonely place for some time. It's an anniversary many UK savers will wish they never had to mark. Six years ago this month, the Bank of England cut interest rates to a record low of 0.5 per cent, as Britain grappled with the [...]
Ladies who don’t lunch: Ingrid talks people power, performance, and rising to the top October 2, 2015 Maike Currie talks to Ingrid Waterfield about taking the road less travelled When I arrive at One Lombard Street, a favourite haunt of City-types just a stone’s throw from the Bank of England, Ingrid Waterfield is already seated and waiting. I am not late but I am slightly flustered. She, on the other hand, [...]
Liam Fox describes Eurozone as main threat to global financial future February 23, 2015 Former Conservative leadership candidate Liam Fox will tonight look to curry favour with his party’s eurosceptic wing by describing the Eurozone as the greatest threat to global financial stability. Speaking at the right of centre think-tank Parliament Street, Fox will say that “the euro was always a flawed project”, and warn that “if the euro [...]
An Isa revolution: Why the savings and investment vehicle is now more powerful than ever before April 23, 2015 Nearly 14m new Isas were opened in 2013-14. According to the recent BlackRock Investor Pulse Survey, the 16 year-old savings vehicle is used by over a quarter of Britons to build up their longterm wealth, and by nearly 40 per cent to provide a rainy day fund for life events. And the government’s revolution in [...]
Quindell share price soars following news of sale to Slater & Gordon March 30, 2015 Following a lengthy "will they, won't they" back-and-forth worthy of any soap opera, Quindell has finally agreed to sell its professional services arm to law firm Slater & Gordon, with most of the proceeds to be given back to shareholders. The division accounts for around 90 per cent of the company. Quindell intends to use [...]
Quindell rocked by mistake in deal documents April 1, 2015 TROUBLED Quindell was forced to suspend its shares from trading on Aim for several hours yesterday, after making a “small mistake” in announcing the sale of its professional services division (PSD). The firm also had to cancel a number of trades that took place immediately following the suspension. Quindell confirmed on Monday that it was [...]
Tobago: An eco-lodge is a great way to experience this Caribbean isle May 10, 2015 “Trinidad and Tobago” suggests two islands of roughly equal size, but the former is 16 times bigger than the latter, its population 1.3 million compared to Tobago’s 60,000. As is often the case in nations divided across two separate land masses, stereotypes dominate each side’s thinking about the other. Ask a Trinidadian about Tobago: “lazy, [...]