Home comforts point to Indian World Cup glory February 17, 2011 JUST OVER a month ago and England were joint-favourites with some layers for the World Cup. They are now out to 17/2 with Victor Chandler and bookies will happily take your money. Lifting the World Twenty20, their maiden international trophy, last year and their rousing Ashes victory in the winter are fading memories after the [...]
A passionate novel depicting a turning point for women February 16, 2011 HALF OF THE HUMAN RACE BY ANTHONY QUINN Jonathan Cape, £12.99 BRAVO to Anthony Quinn, proving that men can write a perfectly passionate, convincing novel about women standing up for their rights, in this case kicking off amid the turmoil and violence of the beginning of the suffragette movement. His heroine Connie Callaway is a [...]
O Canada – the LSE’s new ally brings a jolt of energy February 15, 2011 Even if you knew little about the Toronto Stock Exchange before last week, the announcement of a planned merger between the London Stock Exchange Group (LSE) and TMX Group, which runs the Toronto exchange, is almost certain to change that. If approved by shareholders and competition regulators, the all-share merger of the two exchanges will [...]
The £120m question: Will Gold and Sullivan cash in? February 14, 2011 IN THEIR first press conference as majority owners of West Ham on 18 January last year, David Gold and David Sullivan made clear their ambition to move the club into the Olympic Stadium after the London 2012 Games. They knew it had the potential to catapult the debt-laden East End club into the big league; [...]
West End shop sales soar ahead, defying post Christmas slump February 13, 2011 LONDON’S West End stores have seen strong growth in sales in January, despite the rise in VAT and sluggish wage growth, it was revealed today. Retail sales were up 5.8 per cent compared to the same time last year, the New West End Company said. An increase in menswear was particularly notable, it said, reporting [...]
CITY MOVES | WHO’S SWITCHING JOBS February 10, 2011 Alvarez & Marsal The global independent professional services firm, today announced the appointment of Stuart Ells, a seasoned media and entertainment expert, to its European performance improvement business. His arrival marks the formation of a specialist media & entertainment team focused on supporting both corporates and portfolio companies of private equity firms in this sector, [...]
Lord Myners takes fresh job in the City February 7, 2011 EX-CITY minister Lord Myners this week added a second non-executive role to his portfolio, with his appointment as a partner and chairman of Autonomous Research, the independent research firm. And he is thought to have a third on the way as chairman of billionaire Nicolas Berggruen’s new acquisition vehicle which is seeking to raise around [...]
What the other papers say this morning February 6, 2011 FINANCIAL TIMES GOLDMAN CASH STAGNATES AS ASSET PRICES RISE Goldman Sachs’ attempt to spend some of its $170bn (£106bn) excess capital on loans, real estate and other distressed assets is being hampered by a prolonged rebound in risk appetite that has lifted prices on many would-be bargains. Goldman’s “excess liquidity”, or cash deposits and securities [...]
Keeping it thin and funky in smart Chelsea February 3, 2011 ONE way to really be the envy of your neighbours is to live in a house that’s fundamentally much more stylish, fun and unusual than theirs. That’s one thing you could be sure of if you lived in the Studio House on Edith Grove in Chelsea. Almost certainly, any guests turning up at the Victorian [...]
PROPERTY NEWS February 3, 2011 WEST END ATTRACTS CASH BUYERS Buyers of West End property are increasingly choosing to pay in cash rather than purchasing a mortgage, says estate agent LDG. It saw the number of cash buyers rise 20 per cent in the last quarter of 2010, compared to the same period in 2009. LDG partner Laurence Glynne said [...]