The course that turns you into a trader August 25, 2010 FOR graduates, it’s harder than ever to get a job as a trader. Unless you have a double first in something maths-related then you can kiss good-bye to the dream. But is there a way to increase your chances? One way of getting first-hand knowledge is on a “trader training school.” But are they any [...]
The angry wannabe queen August 25, 2010 THE RED QUEEN BY PHILIPPA GREGORY Simon & Schuster, £18.99 MEGA-novelist and Tudor historian Gregory returns to her new series, The Cousins’ War, with an instantly, electrically gripping story about Margaret Beaufort. Who? Indeed. Beaufort, the grandmother of Henry VIII, was merely a shadowy character on the edge of The White Queen, Gregory’s previous book [...]
GOING OUT August 25, 2010 IT may still be peak holiday season but in our cosmopolitan capital you can complete a world tour whenever you like by taking a glamorous (if slightly less exotic) journey around London’s more exclusive international nightlife. Starting with Japan, the chic Kyashii has just re-launched on Upper St Martin’s Lane offering a sophisticated, ultra modern [...]
Should Daddy David really take leave now? August 25, 2010 ANDREW WATSON YES AS experienced a father as David Cameron may be, he absolutely needs to be around in these first formative weeks not just to build a relationship with the baby, but to help his wife and older children adapt as well. Crucially, he must establish a pattern of involvement that will last long [...]
IFS: BUDGET TO HIT POOREST HARDEST August 24, 2010 GEORGE Osborne’s era of austerity will hit the poorest the hardest, the Institute of Fiscal Studies (IFS) has claimed, casting doubt on the coalition’s “progressive” credentials. When he unveiled his emergency Budget in June, the chancellor insisted those with the “broadest shoulders” would carry the burden of tax hikes and welfare cuts, but new IFS [...]
BHP bid to hit investor vote hurdle August 24, 2010 BHP BILLITON will be forced to put its hostile bid for PotashCorp to a shareholder vote if it increases its original $40bn (£25.5bn) offer in order to win over the Canadian company’s investors. According to Financial Services Authority rules, BHP will have to put its proposed takeover of PotashCorp in the hands of its own [...]
Pay at Brevan Howard soars August 24, 2010 PARTNERS at Brevan Howard Asset Management, the largest hedge fund in Europe, shared a bumper payout of £86.1m at the height of the financial crisis, accounts revealed yesterday. Around 45 members of the trading firm – including founders Alan Howard and James Vernon, and corporate investors such as Swiss Re – shared the bonus pot [...]
Jupiter gamble paying off for now August 24, 2010 FUND management group Jupiter defied the odds earlier this year when it pressed ahead with a stock market flotation despite concerns that it was an injudicious time to do so. First there were general worries about market volatility and by June more than 30 companies had already shelved plans to float, including London Eye owner [...]
Tube workers set to strike August 24, 2010 TUBE workers are set to go on strike on 7 September in the first of a series of monthly walkouts in protest at 800 proposed job cuts. The Rail Maritime and Transport (RMT) union secretary Bob Crow and Transport Salaried Staffs Association (TSSA) leader Gerry Doherty are due to meet today to finalise the timetable [...]
RBS kicks off £1bn Priory sale August 24, 2010 Royal Bank of Scotland has started the sale of the Priory Group, the mental-health specialist which it hopes could fetch about £1bn. RBS, which is being advised by Rothschild, has given bidders until mid-September to submit indicative offers. RBS abandoned plans to list Priory earlier this year. Advent International, Bain Capital, Blackstone Group, Carlyle Group, [...]