Green bank to invest £25bn in renewables June 29, 2010 AMBITIOUS plans for the green equivalent of 3i, the infrastructure investment behemoth set up by the government after the Second World War, were unveiled yesterday. A commission led by former Merrill Lynch European chairman Bob Wigley said a green investment bank would quickly be able to plough up to £25bn annually into climate change-related technologies. [...]
SNAP HAPPY June 23, 2010 Samsung NX10 A hybrid camera combining compact dimensions with digital SLR tech, the NX10 includes a 14 megapixel detachable lens, HD movie recording, and a very high quality, 3 inch viewing screen. £599 www.jessops.com Leica V-Lux 20 Taking a camera on your travels is one thing, but how about one that can record exactly where [...]
The Cayenne goes green June 22, 2010 ONCE deemed a horrendous diversion by Porsche purists, the Cayenne has gone on to become the single biggest-selling model in the Porsche range with more than 280,000 of them sold worldwide since the car’s launch back in 2002. The new Cayenne is a lighter, cleaner, more economical and prettier version of its predecessor and somehow [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 24, 2010 FINANCIAL TIMES AIA CHIEF IN THREAT TO QUIT OVER PRU DEAL AIA’s chief executive has told friends and industry executives that he would quit if the UK’s Prudential succeeded in its $35.5bn (£24.6bn) takeover of the Asian businesses of AIG. Mark Wilson has said he would step down once the deal closed because the proposed [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 23, 2010 FINANCIAL TIMES PRINCE ANDREW’S TRADE ROLE DEFENDED Buckingham Palace defended Prince Andrew’s globetrotting role promoting British business on Sunday after a newspaper sting appeared to show his former wife selling access to him for £500,000, offered by a reporter posing as a tycoon. Both the royal household and the government said the Duke of York’s [...]
CITY MOVES | WHO’S SWITCHING JOBS April 21, 2010 Royal London Asset Management The asset management firm has promoted Ian Goulsbra to the role of head of wholesale relationships, effective immediately Goulsbra joined RLAM in 2007 as a business development manager for the south of England. He was previously at Premier Asset Management, where he was head of institutional sales, and also spent time [...]
Toyota boss to appear before US Congress February 18, 2010 Toyota’s global president has caved in to mounting pressure and announced he will testify to US politicians next week about the carmaker’s global recall of its Prius hybrid cars. Akio Toyoda said last night he was looking “forward to speaking directly with Congress and the American people”. He had previously refused to travel to Washington. [...]
Toyota recall hits UK February 3, 2010 TOYOTA will recall over 180,000 vehicles in the UK as part of the ongoing faulty accelerator saga. The embattled car maker says it is working with the DVLA to identify owners of vehicles with faulty accelerator pedals. The vast clean-up operation is over a £9 part that takes just 30 minutes to repair. At least [...]
Virgin Media: Why City A.M. is wrong about TV market November 1, 2009 IN his article last Friday about the pay TV market, City A.M.’s David Crow suggested that, by forcing Sky to wholesale its premium sports and movie channels to competing pay TV retailers, media regulator Ofcom is punishing Sky’s success. He compares Sky’s investment in sports and movies to car maker Toyota’s investment in hybrid fuel [...]
Goodbye to the pinstripe: City boys embrace a subtler style October 22, 2009 THE pinstripe might be the fashion statement for which the City is best known, but it’s not a statement people are making too stridently this winter. A couple of years ago, when markets, banks and bonuses were flying high, a loud-as-you-like striped suit was pretty much a required part of every true City boy’s wardrobe. [...]