WHERE TO DRINK CHAMPAGNE IN THE CITY July 22, 2009 VERTIGOTower 42, EC2NShowy and high glam, this is a devoted champagne bar with the best views in town – perched right at the top of Tower 42 (pictured right). There is a fantastic choice of bubbly, including Veuve Delaroy Brut (£46), Georges Vesselle Bouzy Grand Cru (£66), two Bollies, a Krug (£385) and several Laurent [...]
Tottenham tycoon Joe Lewis gets his ally a seat on pub group M&B’s board July 16, 2009 JOE Lewis, the Bahamas based billionaire who controls football club Tottenham Hotspur, yesterday won his battle to gain a seat on the board of pub group Mitchells & Butler (M&B). Lewis has appointed Richard McGuire, a former Citigroup investment banker, as a non-executive on the board after passing the stake threshold needed for a board [...]
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 [...]
Jimenez in charge as wily Watson rolls back the years July 16, 2009 FIVE-TIME champion Tom Watson rolled back the years with an scintillating opening round 65 to take him to within a shot off the overnight night in the Open Championship. Just two months short of his 60th birthday, the American renewed his love affair with the Turnberry course with five birdies in a bogey-free round to [...]
Magnificent Strauss cuts out England middle men July 16, 2009 HERO captain Andrew Strauss insisted his England side were still in the hunt for a match-winning total despite missing out on an opportunity to put the Australians to the sword at Lord’s. The Middlesex opener smashed 22 fours in a magnificent 161no as England ended a rollercoaster opening day of the second Test on 364-6. [...]
Times are tough, but lawyers aren’t giving up their wine cellars quite yet July 14, 2009 JUST after the collapse of Lehman Brothers last year, at a lavish Clifford Chance party held at Goldsmith’s Hall, a French lawyer told me glumly: “London used to be such a good place to make money.” The champagne and canapes might have been flowing at the time, but the words did capture the feeling that [...]
Times are tough, but lawyers aren’t giving up their wine cellars quite yet July 14, 2009 JUST after the collapse of Lehman Brothers last year, at a lavish Clifford Chance party held at Goldsmith’s Hall, a French lawyer told me glumly: “London used to be such a good place to make money.” The champagne and canapes might have been flowing at the time, but the words did capture the feeling that [...]
CITY MOVES WHO’S SWITCHING JOBS July 9, 2009 F&C Asset ManagementThe asset manager has appointed Jacob De Wit and Richard Wilson (pictured), respectively head of fixed income and head of equities at the firm, to its executive committee following its de-merger from Friends Provident. The news follows the appointment of Kieran Poynter, the former chairman of accountancy firm PwC, and former Henderson Group [...]
Bond insurers obliged to pay out over Bradford & Bingley July 9, 2009 COMPANIES that provide insurance against bond defaults will have to pay out to cover the recent non-payments by nationalised building society Bradford & Bingley (B&B), following a key ruling yesterday. The International Swaps and Derivatives Association (ISDA) ruled that B&B’s failure to keep up with payments on £325m of Tier 2 bonds constituted a “credit [...]
Ponting and Katich have tons of fun as Aussies revel July 9, 2009 AUSTRALIA batsmen Ricky Ponting and Simon Katich both hit centuries as the tourists regained the upper hand on day two of the first Ashes Test in Cardiff. Captain Ponting (100 not out) recorded his 38th Test century and Katich (104 n.o.) his first Ashes ton to guide the Aussies to 249-1 in reply to England’s [...]