WHAT THE OTHER PAPERS SAY THIS MORNING December 15, 2009 FINANCIAL TIMES MYNERS TO BOOST PROTECTION OF BANK CLIENTS PLANS to increase protection for clients and counterparties of failing investment banks will be unveiled by the Treasury today in an effort to prevent a repeat of the legal wrangling around the collapsed Lehman Brothers. The move is aimed at ensuring an orderly wind-down of investment [...]
BARROW-BOY BROKERS CONSIDER THEIR CHANCES IN SLEEPY ZURICH December 15, 2009 EVER since inter-dealer broker Tullett Prebon revealed on Monday it would allow its staff to relocate to more favourable tax regimes if they wish to avoid the government’s crackdown, the City has been a hotbed of gossip about whether or not the move will indeed spark a much-feared exodus of talent from our shores. Inside [...]
It’s all Gold for Hammers as ex-City duo lodge £50m bid December 14, 2009 FORMER Birmingham City co-owners David Gold and David Sullivan stepped up their expected takeover of struggling West Ham last night by lodging a formal £50m bid. The Hammers are seeking new owners following the bankruptcy of Icelandic chairman Bjorgolfur Gudmundsson, while shirt sponsors, the XL holiday company, also went out of business. Gold, meanwhile, has [...]
New book reveals the City by night December 14, 2009 WORKING in the City, our lives are often stressful and fast-moving. It is easy when you are rushing from meeting to meeting to forget that the Square Mile is also one of the most striking places in the world. From the Victorian banks to the modern sky-scrapers, the centuries have left their imprint on the [...]
Sun, sea and Hinduism all come together in Mauritius December 14, 2009 THE first thing that you notice about Mauritius is that it is a real place. By that I mean that it is a contrast to its holiday competitors in the Indian Ocean, the Seychelles and Maldives. They are made up of dozens of tiny islands which are often owned by resorts and have been turned into [...]
FOOD & BOOZE NEWS December 7, 2009 LE BOUCHON’S FESTIVE CHEESEBOARDIf you’re short of ideas of what to put alongside the stilton on the Christmas cheeseboard, help is at hand from Spitalifields’ Le Bouchon Breton. The French restaurant’s in-house cheese expert – or, um, “frommelier” – will be running a festive cheese masterclass on 23 December. Priced at £100 per head, it’ll [...]
What to drink this Christmas December 6, 2009 Champagne As chosen by Esme Johnston, director of www.fromvineyardsdirect.comPerrier JouetBelle EpoqueCream and honey, brioche and lingering nutmeg notes make this special edition bubbly a delightful classic that’s wonderful with food or on its own. £86.95 at www.thedrinkshop.com Serge Mathieu Superb grower’s champagne, it’s nutty and golden with creamy richness and a light, punchy mousse. Great [...]
Chelsea hold all the aces as City try to find a spark December 3, 2009 MANCHESTER CITY vs CHELSEA TOMORROW, 5.30PM ESPN THE pressure continues to mount on Mark Hughes after a record-equalling seventh straight Premier League draw against Hull last weekend. Man City did beat Arsenal’s youth team in the Carling Cup on Wednesday night and they have still only lost one Premier League game this season, but the [...]
IT’LL BE ALRIGHT ON THE NIGHT: THE PITFALLS OF LIVE BUSINESS TELLY December 2, 2009 So the countdown is firmly underway; but unfortunately this one doesn’t include an advent calendar or any nice surprises at the end. Or even a man with a beard. I’m talking of course about the Pre Budget Report. The midnight oil may be burning at HM Treasury as they try to work out how to [...]
…AS RBS HIT BY TREASURY BONUS CAPS December 2, 2009 ROYAL Bank of Scotland’s board was on a collision course with the Treasury last night after the government threatened to veto the bank’s plans to pay up to £1.5bn in bonuses to its investment bankers. Stephen Hester, the bank’s chief executive, and the rest of the RBS board are said to be prepared to resign [...]