Hedge fund guru George Soros claims bonus anger is justified October 25, 2009 BILLIONAIRE investor George Soros at the weekend became the latest high-profile financier to wade into the bonus debate as he claimed the backlash against banking fat cats on lucrative pay deals is justified. Speaking in an interview about large profits reported in recent weeks by Wall Street’s biggest banks, Soros said: “Those earnings are not [...]
Lloyd Webber diagnosed with cancer October 25, 2009 ANDREW Lloyd Webber has been diagnosed with prostate cancer, a publicist for the composer and theatre tycoon confirmed yesterday. “The condition is in its very early stages,” said the publicist. “Andrew is now undergoing treatment and expects to be fully back at work before the end of the year.” Lloyd Webber is best known for [...]
O’Brien’s St Nicholas all set for Post strike October 22, 2009 Three of the last eight winners of the Racing Post Trophy have gone on to land the Epsom Derby the following season and connections of current ante-post favourite ST NICHOLAS ABBEY will be hoping he can follow in the hoof-prints of High Chaparral, Motivator and Authorized. The stable have already won this race on four [...]
Whatever your view on the market there are tools to take advantage October 19, 2009 RECESSION or recovery? Deflation or inflation? New bull market or dead-cat bounce? These are the issues which have dominated investors’ attention throughout the first nine months of the year. Equities have plunged and rallied, yields on government bonds have blown out and contracted sharply, while commodity prices have soared and sterling and the dollar have [...]
Vantis wives embroiled in Revenue case October 12, 2009 THE wives of two leading City accountants have been caught up in the tax controversy surrounding Vantis, the publicly-quoted accountancy group. City A.M. has learnt that Shirley Faichney and Nicola Perrin will both face charges of “cheating Her Majesty and the public revenue,” charges that they reject. A spokesman yesterday told City A.M.: “We can [...]
City tax stars face charges from Revenue October 11, 2009 VANTIS, the stockmarket-listed accountancy firm, yesterday confirmed that its two leading City accountants have been charged with a multi-million pound tax scam. David Perrin and Roy Faichney work in the tax division of Vantis and are responsible for developing tax saving schemes for their wealthy clients which included former captain of England rugby team, and [...]
Going on safari is even better when you do it by balloon October 4, 2009 E ARLY morning in Kenya, Kilimanjaro is on the horizon, and we were driving across the dusty plains past the red-robed herdsmen on our way to begin our dawn safari. But this was no ordinary game drive, as we’d swapped the safety of our safari truck for a wide wicker basket, and were about to [...]
WHAT THE OTHER PAPER SAY THIS MORNING October 4, 2009 FINANCIAL TIMESBERMUDA LOOKS TO BECOME HUB FOR CAT BONDSBermuda is making a push to become a leading centre for catastrophe bonds and other forms of specialist insurance investment by creating a special type of regulatory regime. Matthew Elderfield, chief executive of the Bermuda Monetary Authority, expects the next wave of capital that enters the insurance [...]
Big Four clash should prove a tight contest October 1, 2009 CHELSEA vs LIVERPOOLCHELSEA suffered their first dropped points of the season at Wigan last weekend which has seen Hills lengthen their title odds to a best-priced 7/4. It was another high scoring game at the DW Stadium and the average number of goals in the last three rounds of the Premier League has been an [...]
Jones double gores Wolves September 27, 2009 SUNDERLAND boss Steve Bruce berated his side’s calamitous defending despite seeing them smash five past sorry Wolves to go eighth in the Premier League. Striker Kenwyne Jones grabbed a brace with Darren Bent, Michael Turner and a Michael Mancienne own goal completing the rout. But Bruce was angered by his side’s woeful defence as John [...]