WORKAHOLIC MYNERS IS FORCED TO CALL TIME ON HIS GREAT LOVE September 6, 2009 MIXING one’s other half with one’s work has always been a risky affair, largely because loved ones have a tendency to be prone to letting things slip – and The Capitalist imagines that City minister Lord Myners won’t be hugely enamoured to read his wife Alison’s upcoming interview with Tatler magazine, which hits newsstands on [...]
Travelodge aims to be biggest hotelier in capital ahead of 2012 Olympic games July 30, 2009 TRAVELODGE yesterday announced an £84m expansion plan that will create 200 jobs and make it the biggest hotel chain in London. It has snapped up six new hotels in a bid to cash in when the 2012 olympics comes to the capital. Once the new properties open, the hotel chain will operate 45 London hotels, [...]
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 eyes up City law firms September 1, 2009 THE BELEAGUERED legal profession, says Jeremy Hand, managing partner of private equity firm Lyceum Capital, is facing “a fire-storm whipped up by the recession, smarter customers, technology, outsourcing and legislation”. If that wasn’t trouble enough, it’s also being forcibly opened up to competition that could arise from the so-called Tesco Law – the shorthand for [...]
A message to SpinVox sceptics: stop the sniping August 3, 2009 RECENTLY, there’s been a bit of controversy surrounding SpinVox, the UK-based voice to text messaging company led by Christina Domecq. Certain bloggers and journalists have accused the firm of not paying suppliers, and of not possessing the intellectual property that can convert spoken voice mails into text, instead relying on an army of call centre [...]
A message to SpinVox sceptics: stop the sniping August 3, 2009 RECENTLY, there’s been a bit of controversy surrounding SpinVox, the UK-based voice to text messaging company led by Christina Domecq. Certain bloggers and journalists have accused the firm of not paying suppliers, and of not possessing the intellectual property that can convert spoken voice mails into text, instead relying on an army of call centre [...]
I believe we can become a country of entrepreneurs June 22, 2009 ONE of the biggest myths – and it is the size of the Wizard of Oz – is that there is job security. There is none, so get over it. It’s not that employers are bad, but just that no one can honestly promise job security in an ever globalising world, or in one where [...]
I believe we can become a country of entrepreneurs June 22, 2009 ONE of the biggest myths – and it is the size of the Wizard of Oz – is that there is job security. There is none, so get over it. It’s not that employers are bad, but just that no one can honestly promise job security in an ever globalising world, or in one where [...]
Hutchings makes Lupus exit July 1, 2009 THE entrepreneur Greg Hutchings yesterday stood down from his executive chairman role at Lupus Capital, the group he founded in 2004 to invest in building materials and construction-related businesses, as it renegotiated its banking facilities. Lupus has for some months been struggling because of its exposure to the moribund housing market and has been weighed [...]
Why the Autumn promises so much August 20, 2009 CITY A.M will be taking its customary break next week and will not be publishing again until Tuesday 1 September, after the August Bank Holiday. By then the Ashes will be over, the football season will be well under way and the nights will be drawing in. As far as City A.M is concerned, the [...]