New York Report: Wall St hit by mass sell-off April 10, 2014 THE NASDAQ suffered its biggest drop in two-and-a-half years yesterday after another sharp sell-off in biotech and momentum names, increasing investor anxiety about a broader pullback. The S&P 500 also posted its biggest percentage loss since 3 February, while the Nasdaq has dropped seven per cent from its closing high for the year, set on [...]
Letters to the Editor – 11/04 – Thatcher’s children, Problem with MBAs, Best of Twitter April 10, 2014 Thatcher’s children [Re: Why Sajid Javid could soon become the Tories’ great hope, yesterday] If the Conservative party wishes to win the 2015 election, it desperately needs a new leader and a change of political direction that encompasses the views of the electorate. Javid may be the only person who could pull off this dramatic [...]
Four ways to cut down on social loafing April 10, 2014 Delegating clearly and obeying the “two pizza rule” will help your team work more effectively FRENCH engineer Max Ringelmann was measuring the force exerted by workers pulling on a rope about a century ago. He noticed something interesting. When more men were added to the experiment, the pull on the rope didn’t increase proportionally. And [...]
Inside the £12m penthouse April 10, 2014 Take a tour of one of the City’s most exclusive new addresses HIGH atop the City of London, towering over Moorgate station, neighbouring Linklaters, London Wall and The Barbican, sits the first major residential development to be built in the City of London for three decades. As such, the developer behind The Heron – not [...]
Focus on… Putney: Great pubs and riverside blues April 10, 2014 EVERY year the Oxford and Cambridge boat race serves as a useful reminder that London riverside living isn’t all about steel, glass and gleaming tower blocks. The race takes the rowers on a tour of some of the most coveted residential areas in London, from the picturesque riverside pubs of Fulham to the bijou balconied [...]
Buy a family home in seclusion next to Richmond Park April 10, 2014 Find out why creative types are leaving central London for new leafy townhouses PRIVACY is becoming the new buzzword in high-end property. As London’s population grows and house-building becomes a top political priority, homeowners are becoming increasingly reluctant to live on top of their neighbours. In search of a room of their own, away from [...]
It’s high time you bought a plot in paradise April 10, 2014 Daniel O’Mahoney plays prospective buyer (and golf) at the resort THE sun-kissed Algarve region is hardly Portugal’s best-kept secret, and certainly not among British holidaymakers. It shows as soon as you step off the plane – plastered around Faro airport are loud English adverts for Marmite and ketchup. But only a 20 minute drive after [...]
Co-op in turmoil as Myners quits April 9, 2014 THE CO-OPERATIVE Group was plunged into fresh chaos last night after the man tasked with saving the troubled organisation quit the group. Lord Myners, a former City minister, is set to resign his post as senior independent director just four months after he was appointed to lead an overhaul of the company’s bloated structure. It [...]
The One to Watch: Rising star Sajid Javid joins the cabinet April 9, 2014 SAJID Javid has been named as the new culture secretary. He is the first-ever Asian man to join the UK cabinet, and replaces Maria Miller, who resigned yesterday over public anger at her expenses. The son of a bus driver, and a former managing director at Deutsche Bank, Javid is a rising Tory star. First [...]
Amazing comeback as formerly bust Greece finally borrows again April 9, 2014 THE GREEK government will today return to the international capital markets for the first time since 2010, launching a new bond despite the fact that the country is still mired in recession and deflation. Recent rumours of a sovereign sale were confirmed yesterday as the country’s finance ministry outlined plans to issue a five-year bond, [...]
