Congestion charge after ten years: It’s time to be bolder February 17, 2013 IT’S exactly a decade since London’s congestion charge was introduced. Its immediate impact was a dramatic fall in traffic volumes, and there are still around 60,000 fewer vehicles entering the central zone every day. But with 23m journeys made on London’s roads each day, congestion is now back to pre-charge levels. Over the next 20 [...]
Blade Runner charged with shooting model girlfriend dead February 14, 2013 PARALYMPIC star Oscar Pistorius is due to appear in court today charged with the Valentines Day murder of his model girlfriend after she was shot dead at his home in South Africa early yesterday morning. Pistorius – dubbed Blade Runner for his trademark prosthetic legs – was arrested at his luxury home in a gated [...]
Buffett’s taste for beans gives deal outlook a shot in the arm February 14, 2013 IF confirmation were needed that mega-deals are back on the agenda, then the Sage of Omaha certainly provided it yesterday. Buffett’s $28bn move for Heinz is the biggest deal this year in an already booming market, with the value of transactions in the last week alone – including Liberty Global’s bid for Virgin Media and [...]
New Boat Race sponsor BNY Mellon asks: Which Blue are you February 14, 2013 FINANCIAL services firm BNY Mellon was yesterday unveiled as the new sponsor of the Oxford v Cambridge Boat Race, replacing outsourcing company Xchanging. To celebrate the five-year deal, BNY Mellon got Olympic rower Katherine Grainger out on a boat at Putney yesterday, and tested the oar skills of staff when they had to row against her. The [...]
City Views | How much have you spent on Valentine’s day this year? February 14, 2013 ADAM LEWIS | UBS I have a girlfriend and haven’t spent a penny. I don’t see it as a big thing and only found out when somebody told me today… I found a poem, copied it into an email and sent it to her. I don’t think she’s particularly worried either. PHIL KNIGHT | SEB [...]
A cynic’s solution to not loving Valentine’s day February 12, 2013 City A.M.’s cocktail expert Call ME a cynic, but there is only one thing worse than being single on Valentine’s Day and that is being forced to sit with your significant other in a bar or restaurant, spending hand over fist in a vain attempt to quantify your affections. And every year the expectations for [...]
Who said money can’t buy love February 11, 2013 THERE are many ways to show your love to the object of your affection this Valentine’s Day. However, expressing it by “downloading a message for them on a Barclays personalised debit card” is perhaps not one of them. There are some things money can’t buy – but a thoughtful, romantic gift isn’t one of them. [...]
Market braced for bad news in Inflation Report February 10, 2013 ECONOMISTS have warned that markets should be braced for bad news this week as the Bank of England releases its quarterly update on the UK’s financial outlook. “The upcoming Inflation Report is likely to project that inflation will still be clearly above the two per cent target two years ahead, and perhaps not even back [...]
Trainee solicitor gets romantic as love and economics collide February 10, 2013 IT is probably not a book to give on the 14 February, unless the object of your affection finds economics particularly sexy. But with Saint Valentine’s day fast approaching, the timing for the publication of Will Nicholson’s memoir could not be more appropriate. A Story of Love and Market Forces was written by the Freshfields [...]
Valentine’s Day drinking for the City singleton February 7, 2013 No better half? No need! If you aren’t coupled up for Valentine’s Day 2013, head to one of the following clubs to celebrate courtly love’s patron saint. The Old Vic Tunnels in Leake Street is holding an avian-themed shindig named the Love Nest Valentine’s Ball. From 14-16 February the venue will be transformed into the [...]