The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 9, 2010 FINANCIAL TIMES REGULATORS TELL US BANKS TO HOLD FUNDS US regulators have told banks not to increase dividends or buy back shares until political and economic uncertainty surrounding the industry dissipates, in a move that will delay by months the return of capital to shareholders. Some investors in financial stocks argue that winners of the [...]
A hotel that’s fit for a king January 24, 2010 ON walking into the lobby of Paris’ George V you can tell it’s a grande dame, but it has a twist which makes it immediately memorable. There’s the immaculately designed wrought-iron door frame, 17th century tapestries adorning the walls and acres of marble lining the floors, but it is far from stuffy. Smartly-suited staff smile [...]
The comeback cad trying his luck in the Med March 2, 2010 JAMES Hewitt – former lover of Princess Diana, ex-solider, comeback cad – throws his head back and laughs at what I have just said. “Yes, I suppose this is like Rick’s in Casablanca,” he says when he recovers. “And everyone comes to Rick’s.” We are having dinner in a corner of Polo House, his bar [...]
ITV search nears an end November 4, 2009 ITV HAS narrowed its search for a new chairman to three candidates, giving hope that the calamitous hunt to replace Michael Grade could be nearing an end. A source close to the commercial broadcaster said yesterday that three candidates remain in the race, though they were unable to confirm the identities of the individuals. Betting [...]
ART IN THE CITY November 11, 2009 THE ANNUAL ING Discerning Eye exhibition, showcasing the work of unknown alongside established artists, opens to the public today at The Mall Galleries. Nearly 200 artists will display their artworks at this year’s exhibition, which attracted a record 2,300 submissions. The show will include pieces from award-winning artists such as Darren Baker, whose portraits include [...]
Google inYouTube music video victory September 2, 2009 YOUTUBE owner Google has cut a deal with PRS for Music, the UK songwriter and music publisher association, that will allow it to resume showing music videos on the popular website. Google has agreed to make an undisclosed royalty payout to PRS to buy the rights to make music available on YouTube, after it was [...]
BEST OF THE BROKERS September 14, 2009 VODAFONEUBS raised its price target for Vodafone to 130p, saying the firm will benefit from UK market repair, a stronger euro and moves in listed/non-controlled assets. The broker removed its short-term “sell” and moved the stock to “neutral” saying there are few short-term catalysts for underperformance due to a lack of sector results. DS SMITHA [...]
TRAVEL NOTES September 27, 2009 Marrakesh’s home of luxury reopensOne of Morocco’s most famous hotels, La Mamounia in Marrakech, will be reopening its doors this week after a three year restoration project. The place has hosted all manner of royalty, celebrities and jet setters over the years, having established a reputation for opulent, colonial-style luxury and glamour. As well as [...]
TRAVEL NOTES September 27, 2009 Marrakesh’s home of luxury reopensOne of Morocco’s most famous hotels, La Mamounia in Marrakech, will be reopening its doors this week after a three year restoration project. The place has hosted all manner of royalty, celebrities and jet setters over the years, having established a reputation for opulent, colonial-style luxury and glamour. As well as [...]