Lehman crisis should have changed the world more than it did September 15, 2013 FIVE years ago, like every Sunday night, I was in the City A.M. newsroom, supervising the production of the newspaper. Traditionally, Sundays are a quieter day for business news: while there’s always lots to write about, there are few on-diary corporate announcements. Not that Sunday. It was the most manic day any business journalist can [...]
Atomic kitten: Nuclear boss claims cat taxi September 8, 2013 EXECUTIVES in charge of a £22bn nuclear decommissioning contract were yesterday criticised after their expenses claims came to light – showing they billed the taxpayer £714 to provide a taxi for a cat. The publicly-funded Nuclear Management Partners (NMP) consortium ran up hundreds of thousands of pounds in problematic claims at the Sellafield site in [...]
10 things you might not have known about… Winchester August 29, 2013 1 The city is host to the largest farmer’s market in the UK, where all produce is sourced from the Hampshire area. The markets are popular and have been known to attract the likes of Rick Stein. 2 Winchester was the former capital of England during Saxon times and was home to King Alfred. A [...]
What the other papers say this morning – 19 August 2013 August 18, 2013 FINANCIAL TIMES House of Fraser eyes London listing House of Fraser, the British department store chain, has considered a return to the public markets to help simplify its ownership structure. The group is mulling a listing in London, although this is being considered alongside other options to allow shareholders to exit the group, said one [...]
Restaurant review: Baiwei July 30, 2013 8 Little Newport Street, WC2H 7JJ Tel: 020 7494 3605 FOOD Two stars VALUE Three stars ATMOSPHERE One star Cost per person without wine: £25 I find Chinatown incomprehensible. It’s an ever-shifting tangle of restaurants and takeaways and bars and brothels. It morphs and skews before your eyes. You can sit down in one restaurant, [...]
Premier Oil plugs well July 23, 2013 FTSE 250-listed Premier Oil yesterday said that it has plugged and abandoned a Vietnamese well despite discovering gas, after finding indications of overpressure which can be dangerous to drill in. “[It] was a frontier exploration well and was the first to test the prospectivity of the Oligocene section in the Phu Khanh Basin [in Vietnam],” [...]
Review: The latest generation of MacBook Airs July 17, 2013 Apple has a new MacBook Air and it looks… just like the old one. But there is more going on than meets the eye. Here is the lowdown on how Apple just made the best laptop on the market even better, says Steve Dinneen. ■ Battery life | If this was the only change in [...]
La Casa Negra Shoreditch restaurant review: achingly hip Mexican food with added attitude July 17, 2013 Street food. That’s a thing. Street food! Isn’t it great? It reminds me of that time I was travelling in Guatemala, and some indigenous people were just, you know, making food in the street, and it was all, like, totally authentic. Except that never happened. I’ve forced down slimy noodles in Tokyo; binned inedible grey [...]
Capital controls are still ruining Iceland after half a decade March 31, 2013 ONE aspect of the Cypriot crisis resolution is of particular concern. As authorities fear that anyone with money in Cyprus will want to take it out as soon as banks open, capital controls are being put in place. We are told they will be limited in scope and temporary. Hopefully that is true. Another European [...]
Bank of Dave Two: How one man took on the FSA and won February 27, 2013 I NEVER wanted to be a banker. But back in 2008, my minibus company in Burnley had a problem. My customers were coming to me for new buses, and needed finance to buy them – as they had done for 20 years. As soon as the credit crunch hit, however, the banks suddenly stopped lending [...]