WHAT THE OTHER PAPERS SAY THIS MORNING September 7, 2011 FINANCIAL TIMES LIBOR ENQUIRY EYES CRIMINAL ANGLE The US investigation into alleged manipulation of interbank lending rates is focusing on possible violations of a commodities law that has previously been used to send financial executives to prison. According to people familiar with the probe into the setting of London and Tokyo interbank offered rates, US [...]
RESTAURATEURS FLOCK TO RENT 1 BISHOPSGATE IN CITY’S DINING BOOM August 22, 2011 IT IS not big enough for the new headquarters of the Bank of England’s Prudential Regulation Authority, which requires a capacious 100,000 square feet. But the four vacant office units at 1 Bishopsgate have attracted a “healthy level of interest” from insurance, finance, shipping, software and law firms – even a handful of hedge funds [...]
Apeing genius: classic’s remake is a real stunner August 11, 2011 Films RISE OF THE PLANET OF THE APES Cert: 12A THE patience of the millions of fans disappointed by the Tim Burton’s 2001 car crash Planet of the Apes has been rewarded with the brilliant, terrifying, visually stunning Rise of the Planet of the Apes, directed by Brit Rupert Wyatt. James Franco takes on the [...]
London’s day of shame: plunging markets, mob rule and absent leaders August 8, 2011 THESE are terrible, depressing times. London is burning. Gangs of criminals have been allowed to roam unchecked, with our horrifyingly powerless authorities failing to bring the situation under control. To those of us who love London, yesterday was a day of gloom, shame and shared pain. The images of dozens of shops, homes and cars [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 3, 2011 FINANCIAL TIMES HEFNER SON-IN-LAW SETTLES CASE The son-in-law of Hugh Hefner, founder of Playboy Enterprises, has been sued by the US Securities and Exchange Commission for allegedly trading shares based on secret information he learnt from his wife, the magazine publisher’s long-time chief executive. William Marovitz, who is married to Hefner’s daughter Christie, agreed to [...]
LSE’s Rolet warns of shift in power from UK to Europe July 31, 2011 THE proposed merger between Deutsche Borse and the NYSE Euronext could jeopardise London’s position as a global finance hub, according to London Stock Exchange (LSE) boss Xavier Rolet (pictured). Rolet told the Financial Times he fears foreign financial centres could become more prominent in the investment decision-making process. He warned that the threat of power [...]
Bromantic comedy for the office July 21, 2011 Film HORRIBLE BOSSES Cert: 15 HORRIBLE Bosses is a hybrid: part bromance, part adventure, part moral exploration. Ok, it’s mostly bromance. After all, despite a vague attempt to divide the promotional posters between the film’s three evil bosses, it’s Jennifer Aniston’s stripping, nympho dentist that’s the film’s true draw. Three decent guys: Dale (Charlie Day), [...]
Murdoch buys time as Sky shares jump July 19, 2011 JAMES Murdoch’s performance at the select committee may have bought him precious time with the board of BSkyB. He has resisted pressure to step down as chairman of the broadcaster, with sources close to the Sky board telling City A.M. they would closely monitor his damage limitation skills. A major slip-up would almost certainly have [...]
POACHERS TURNED GAMEKEEPERS SNARE GOLDMAN WITH BEST BREW July 18, 2011 SHARP-suited, discerning of taste and with a generous disposable income they can easily take elsewhere. Yes, the Goldman crew are a tough crowd – but even the investment bank’s most hard-nosed deal-makers are being won over by the new Italian opposite the Goldman Sachs fortress on Fleet Street, which is gaining a reputation for the [...]
Europe’s debt crisis is getting worse July 15, 2011 EMPIRES seem to be going out of fashion. It is not just News Corp, Rupert Murdoch’s media colossus, which is in trouble; the Eurozone, a very different political conglomerate, is unravelling in front of our eyes. The next step in its demise will come when the results of the stress tests for Europe’s 91 largest [...]