WHILE Bank of England governor Mark Carney faces problems convincing markets to accept his forward guidance scheme, new historical evidence suggests he may be getting off lightly.
THE first ever official football match in the grounds of Buckingham Palace took place yesterday, to mark the Football Association’s 150th anniversary.
To celebrate its 180th anniversary, luxury watch brand Jaeger-LeCoultre is holding an exhibition of its new collection – and selected highlights from its watchmaking past – at Watches of Switzerland in the Royal Exchange.
They’re back. The banker jokes were flowing as freely as the champagne at the Banker awards where some of the City’s brightest investment bankers gathered to pat themselves on the back and collect awards.
THE ICONIC London black cab is being exported to Australia – but it will be turned white for its trip Down Under.
On 5 December the NSPCC hosts its flagship City fundraising event, the Great British Chefs’ Dinner. The event is being held at Banqueting House and will raise funds for the charity’s groundbreaking ChildLine Schools Service.
IT’s just like waiting for Christmas, only possibly more exciting... the 2013 City A.M. awards are getting closer. Yesterday our panel of eminent judges descended on
THE CONSERVATIVE party conference shuddered to a halt yesterday, with weary MPs trudging away from Manchester, dreaming of promotion or survival in the forthcoming cabinet reshuffle.
WORKERS on the Crossrail project have uncovered 20 Roman skulls under Liverpool Street station.
KEN Olisa, the business veteran who chairs Restoration Partners, has thrown his bow-tie in the ring for the forthcoming City of London alderman elections.
DAVID Cameron may have been pilloried yesterday for failing LBC’s everyman test and admitting he didn’t know the price of sliced bread, but after using our loaves and doing a little investigative work, The Capitalist has a crumb of sympathy for th
Hines’ Cannon Place in the City may have taken more than two years to woo its first tenant but the office block was last night given the glitzy award of the “best commercial workplace” in the country at the British Council for Offices (BCO) Natio
CITY lawyer Fiona Woolf was yesterday appointed as the next Lord Mayor of London, marking only the second time a woman has been elected to the post in its 800-year history.
BLACKSTONE boss Steve Schwarzman, one of Wall Street’s most rambunctious characters, is not known for regrets. This is, of course, the tycoon who got rocker Rod Stewart to perform at his 60th birthday party.
London is officially the world’s best city, according to an influential poll published yesterday.
PUB QUIZ question: which Prime Minister abolished British Rail and when? John Major in 1994?
ON 5 December the NSPCC hosts the Great British Chefs Dinner. To celebrate, we are running a prize draw every week until 28 October based on the gastronomic history of the City.
THE LATEST Michelin awards, held yesterday, have made the City a much more star-studded place to have lunch.
JAMIE Dimon had something of a mixed day when it came to state institutions yesterday.
From the mouths of babes: European Central Bank board member Jorg Asmussen offered a rare insight into the family life of a central banker yesterday, revealing a question from one of his daughters: “Dad, is your bank also evil?”
CHINA’S online shopping giant Alibaba has dumped Hong Kong in favour of New York for its upcoming initial public offering, but it seems that the Hong Kong stock exchange’s boss is remaining philosophical about his market’s way of doing things.
LIBERAL Democrat politician Norman Baker made audacious inroads into the Labour Party conference yesterday, taking a bus ride along the Brighton seafront to promote a new transport initiative aimed at young people.
To Brighton, where Labour leader Ed Miliband received a somewhat muted reception at The Mirror’s conference party on Tuesday night.
SOME would think it inauspicious to launch a new product less than 24 hours after the struggling platform on which it depends is sold for a rock-bottom price.
BIZARRE scenes at Labour’s annual conference in Brighton, as Iain Dale – LBC radio host and political publisher – fought a man called Stuart (and his dog called Stuart) over an anti-nuclear protest on breakfast TV.
The DVLA reckons it can raise a king’s ransom when it auctions off the car number plate SU11 TAN later this week.
LABOUR’S shadow cabinet was yesterday at war – over a brutal football defeat to a group of journalists.
LABOUR MP Jamie Reed sparked a police alert after saying he had heard gunshots near to the Labour party conference – only to admit that his sleuthing skills may be more akin to Scooby Doo.
■ Labour MPs have been queuing up to have themselves cast in plastic at their party conference – thanks to a 3D printer stall run by Microsoft.
MERGERS always come with a certain amount of problems, but The Capitalist has heard that the recent £2.4bn merger of Pearson’s Penguin and Bertelsmann’s Random House left publishing executives at the two firms kicking themselves over a major book
TO MAYFAIR on Saturday evening for the biennial Boodles Boxing Ball, this year held at the Grosvenor House hotel.
STAFF at real estate brokers Cushman & Wakefield are getting their boots ready for a whole lot of walking today.
THE SQUARE Mile’s many sporting fanatics were out in force last night, despite the wet weather, for the annual Bloomberg Square Mile Relay.
Market commentators were musing yesterday on the coincidence that Nomura downgraded supermarket Tesco from a ‘buy’ rating to ‘neutral’, just a day after the food superstore ended the brokership relationship between the pair.
CITY art fans may recall that earlier in the summer, a piece of street graffiti popped up outside the new headquarters of the European Central Bank (ECB) in Frankfurt.
TO THE Royal Albert Hall yesterday, for the annual gathering of the Institute of Directors (IoD) with the likes of Virgin boss Richard Branson, chancellor George Osborne, shadow business secretary Chuka Umunna and mayor of London Boris Johnson.
Investment giant Prudential could soon be getting a new slogan, if comments yesterday from chief executive Tidjane Thiam are anything to go by.
Spread betting firm Spreadex hosted its annual golf day last week, and The Capitalist hears that it ended up being a knockout event in more ways than one.
TO VILLANDRY on Great Portland Street, to hear about Great Ormond Street Hospital’s £85m appeal for a children’s rare disease research centre, where former PM Tony Blair was the unannounced guest speaker.
ANY BANKING and capital markets associates looking for a change of career last week might have spotted a typo-filled advert for a qualified solicitor, posted online by law firm Berwin Leighton Paisner.
IF TIME is money, entrepreneur Mark Strachan is making the most of wasted travelling hours, with a plan to make money from commuting Blackberry addicts.
THE LATEST big name to receive the Freedom of the City of London is crooner Sir Bob Geldof. The 61-year-old singer was at the Guildhall yesterday picking up his framed parchment certificate.
Boss of City PR outfit RLM Finsbury Roland Rudd has been promoting a non-financial cause, his charity Legacy10.
IT SEEMS that things are going from bad to worse for postal giant the Royal Mail.
The old saying that sex sells, is apparently not the case for the gentlemen in the City of London.
THE “FASTEST man in the City” Andrew Greenleaf – a consultant at financial services firm Capco – who came 45th in the London Marathon has upped his athletic game, competing for Team GB in the World Triathlon Grand Final yesterday.
A SKILL for judging downhill slopes could prove quite useful for an equities analyst. So it’s with much respect that The Capitalist reveals that a resident of Threadneedle Street is a world champion street luger.
LORD Mayor of the City of London Roger Gifford and Lady Mayoress, Dr Clare Gifford paid a visit to the London Silver Vaults this week to mark the 60th anniversary of the world’s largest collection of antique silver for sale – right in the heart of
IT SOUNDS like the start of a bad joke – the Duke of Cambridge, Cherie Blair and Jimmy Carr walk onto a City trading floor. But the heady mix of household royals and comedians at BGC Group yesterday were there to raise millions for charity.
THE BANK of England has done a superb job of protecting sterling since governor Mark Carney took over in July, albeit somewhat inadvertently.