Big oil will live on, but faces a harder future June 2, 2010 AS BP steps up its efforts to stem the oil leak in the Gulf of Mexico, the speculation surrounding the costs associated with the clean-up continues to increase. BP estimates that the cost will be roughly $4bn, while some analysts predict that the clean-up, along with related lawsuits, could be as high as $10bn. While [...]
BP’s fall makes the FTSE more diverse June 2, 2010 THE importance of BP, which makes up close to 5 per cent of the entire FTSE All Share Index, has come into sharp relief since the explosion on the Deepwater Horizon oil well in April. The stock has fallen more than 30 per cent, whereas the FTSE All Share Index has fallen by 12 per [...]
Being more like the Special One can boost your City success June 2, 2010 JOSE MOURINHO is a man who knows how to win trophies. But another aspect of his careers is almost as impressive – his ability to stay friendly with his employers when he has moved on. Even though he is leaving his most recent club Inter Milan in the lurch, its president Massimo Moratti apparently made [...]
How to have the perfect World Cup at home June 2, 2010 1 Slingbox Pro With World Cup viewing forecast to cost businesses £11.6m this year as matches collide with the working day, make sure you can skive with the best of them. The Slingbox Pro enables you to channel your TV through the internet to your computer or mobile device, wherever you are. Simply set up [...]
Where the cool kids will watch the football June 2, 2010 Going Out LONDON is gearing up for the World Cup and the city is awash with interesting and sophisticated places to enjoy the games – if you know where to look. If you’re based in Canary Wharf, Tompkins is launching in the nick of time. This stylish waterfront restaurant and bar in the Pan Peninsula [...]
Office affairs are rarely wise June 2, 2010 IN OFFICE HOURS BY LUCY KELLAWAY Fig Tree, £12.99 **** by Zoe Strimpel STELLA, Bella, Rhys and James are four employees at fictional City-based oil giant Atlantic Energy. Stella is an executive in her mid-forties with two kids and a stable – if slightly unexciting – marriage. Bella is a PA, with an alcoholic ex-boyfriend [...]
OUT OF OFFICE June 2, 2010 COFFEE TABLE MUST-HAVE Lifestyle group Quintessentially has launched the definitive coffee table book in the form of Perfume, an educational guide to the history of perfume featuring some of the world’s most renowned fragrance noses including Roja Dove and Jo Malone. £25, www.quintessentiallypublishing.com. WILLIAM CURLEY DESSERT BAR The chocolatier (left) has added a sumptuous dessert [...]
VEXED IN THE CITY June 2, 2010 I’m a lawyer and I want to ask out a trainer at my gym DEAR VEXED: I really fancy a trainer at my gym. I want to ask him out but I’m afraid of what my colleagues will think. Many of them go to the same gym, but also I’m afraid it would appear odd [...]
Capello pens new deal to send England to World Cup in high spirits June 2, 2010 FABIO CAPELLO handed England the perfect boost before they jetted out to the World Cup last night by pledging to stay on as manager until after the 2012 European Championship. Capello, 63, had sparked unease in the camp in recent days by refusing to commit beyond this summer’s tournament, with Inter Milan thought to be [...]
Benitez poised to quit Anfield with pay-off June 2, 2010 Liverpool show Spaniard the door – and a cheque for £3m – as Inter Milan prepare to firm up their interest RAFAEL BENITEZ’S six-year reign as Liverpool manager looked to be at an end last night after the club offered him a £3m pay-off to walk away. Benitez would be entitled to around £16m if [...]