NEWS FROM THE SHOPS June 29, 2011 CHESTER BARRIE’S OFFER FOR READERS Chester Barrie, the made to measure and ready to wear specialist with shops on Savile Row and in the City branch of House of Fraser, is offering City A.M. readers an extra 10 per cent off in its current summer sale. The offer is only available at the House of [...]
For summer: the Italian alternative June 29, 2011 ANYONE who found themselves wilting in the heat earlier this week will understand the sense behind owning suits of different weights. There are plenty of fine, lightweight English cloths, but if you’re after a summer suit with real panache consider going Italian. Or more specifically, Neapolitan – the Milanese tailoring tradition in northern Italy is [...]
Three tips that will make you stand out from the other candidates at interview June 29, 2011 EXECUTIVE COACH IT’S TOUGH looking for a job. Hedge funds are attracting over 232 applications for every place. Standing out against a crowd of that many hopefuls is now more important than ever. But it’s amazing how many credible candidates fall at the first hurdle, making mistakes that a little preparation could solve. Here is [...]
One country gets it on bank reforms June 28, 2011 BELIEVE IT or not but Denmark has emerged as Europe’s pioneering financial reformer. We need to learn from it. Fjordbank Mors, a small lender, has just been allowed to go bust; taxpayers are not having to shell out a penny and the world hasn’t come to an end. Senior bondholders at Fjordbank Mors are taking [...]
The debt nexus that binds the world June 27, 2011 MASOCHISTS seeking further evidence of the West’s decline will have had a field day this weekend. Most strikingly, China’s premier Wen Jiabao, currently visiting the UK, said his country was ready to buy billions of European debt to prop up the single currency. The Chinese haven’t lost leave of their senses – they can afford [...]
Social and delicious in one | City A.M. June 23, 2011 THERE are restaurants that open with whimpers and others that open with bangs. Ex-Ramsay super-protégé Jason Atherton’s new eaterie, Pollen Street Social, was always going to open with a bang – and, two months in, continues with a clamour. The clamour is not of chaos, plates smashing or chefs shouting, but of the throngs trying [...]
UK public finances still in sorry state June 22, 2011 SLOWLY but surely, the government is regaining control over public spending. Yet there is still a long way to go: the deficit, believe it or not, has actually been higher so far this financial year than it was during the same two-month period of 2010. This deeply depressing fact shows just how detached from reality [...]
States now the top systemic threat June 20, 2011 SO no solution was found to the Greek crisis last night – we will have to wait a little longer before finding out what sort of fudge our leaders have in mind for the Eurozone, and how much taxpayer cash they are preparing to throw at the bottomless pit that is Greece. The markets, needless [...]
Broadgate victory is great first step June 15, 2011 IT is merely a small, symbolic victory in a much bigger battle against red tape but it is great news that Jeremy Hunt will today announce that he won’t be listing Broadgate Estate, as we reveal on our front page. English Heritage’s indefensible bid to protect this unexceptional complex around Liverpool Street station, built in [...]
Broadgate: symbol of red tape Britain June 6, 2011 ON the face of it, it is hardly a major story that English Heritage wants to list the Broadgate office and retail estate in the City, a rather ugly 1980s construct in desperate need of modernisation. It is, however, a deeply symbolic move that confirms not only that Britain isn’t open for business but that [...]