INSURANCE July 8, 2010 Q. What are the basic kinds of insurance required of a small business? A.Business insurance requirements depend on the firm’s type, but at the bare minimum you will require public liability insurance, business motor insurance and liability insurance for any employees. While public liability insurance isn’t necessarily legally mandated, most serious businesses cover themselves for [...]
Warburg, maker of the modern City July 4, 2010 WITH a tan topped up over the weekend by a stay on a Greek island and his TV don’s hair – which looks like a tame version of Melvyn Bragg’s – a crisp white shirt, relaxed manner and a gentle Scottish accent, Niall Ferguson is without doubt a smoothy-chops. He’s also one of the best-known [...]
Pru told to list its Asian unit June 2, 2010 PRUDENTIAL is facing calls to realise the value of its Asian business through a stockmarket listing after its $35.5bn (£25bn) play for AIA lay in tatters yesterday. Chief executive Tidjane Thiam and chairman Harvey McGrath, who are fighting for their professional lives along with the rest of the board, will come under pressure to provide [...]
A book by two bloggers is wise but concise May 5, 2010 REWORK BY JASON FRIED AND DAVID HEINEMEIER HANSSON Vermillion Books, £10.99 THIS is perhaps just the sort of book you would expect from internet entrepreneurs famous for a blog (called 37 Signals); rather than convoluted arguments, re-heated out-of-context quotations from Machiavelli or Nietzsche and endless, bulletpointed arguments, it’s a collection of short, sharp and thought-provoking [...]
Ash crisis sees the capital lose £100m April 25, 2010 LONDON has lost up to £100m from tourist spending as a result of the six-day flight disruption caused by the Icelandic volcano eruption. Visit London, the online tourism website, said yesterday that visitors arriving by air would have spent up to £17m a day in the city but that the airspace closure caused London an [...]
Insurers lobby to avoid paying out to cover airline losses April 20, 2010 UNCERTAINTY over who will foot the losses generated by the flight restriction mounted yesterday as it remained unclear how insurance cover would be given to the airlines. Airlines impacted by the closure of airspace could have cover, according to Holman Fenwick Willan lawyer Paul Wordley, but only if they have business interruption triggers in their [...]
Clive Owen proves that he’s the daddy January 21, 2010 Film THE BOYS ARE BACK Cert: 12A NOTHING to do with Thin Lizzy (sadly), this adaptation of Simon Carr’s memoir stars Clive Owen as Joe, a macho Brit sports journalist living in happy isolation on the Australian coast with his wife and young son, whose cosy idyll is swept away by her sudden death from [...]
The dragon that says the financial services industry is losing its fire September 8, 2009 THERE are over 20 photos of James Caan on the walls of his Mayfair office, excluding the three caricatures. One shows him alongside former President George W Bush and Colin Powell while there is also the obligatory snap of him accepting an honorary degree. Another has him pictured with his co-stars in BBC 2’s Dragons’ [...]
Oh I do like to be beside the seaside (with billionaires) July 19, 2009 IT’S mid-morning, and having got a crack-of-dawn BA flight from London City Airport, I am now in a helicopter flying from Nice to Monte Carlo. Out of the window, the warm sunshine and blue sea provide a stunning backdrop to the hotels and villas carved out of the white rocks. As a helicopter virgin I [...]
Hospitality: bribery or an essential business tool? June 18, 2009 LOVE it or loathe it corporate hospitality has become a key feature of “The Season”, the collection of traditional English sporting occasions that have become an annual fixture. From Royal Ascot to Henley, Lords to Wimbledon, City bankers, investment managers and other finance professionals will be heading in their droves for the most popular events [...]