Lloyd Webber diagnosed with cancer October 25, 2009 ANDREW Lloyd Webber has been diagnosed with prostate cancer, a publicist for the composer and theatre tycoon confirmed yesterday. “The condition is in its very early stages,” said the publicist. “Andrew is now undergoing treatment and expects to be fully back at work before the end of the year.” Lloyd Webber is best known for [...]
FOCUS ON: RICHMOND, SURREY October 22, 2009 MILL PLAT, TW7Price: £1.45m This imposing six-bedroom property comes with high ceilings, wood floors and plenty of period features. With a large garden that backs on to the river Crane, it has an enviable and quiet location. The nearest station is Richmond, which offers both Tube and mainline trains into central London. Contact: Foxtons on [...]
Bankers grab luxury homes October 22, 2009 IN a fresh sign that bankers are feeling comfortable enough to splash the cash, enquiries for prime properties in Kensington and Chelsea have jumped in recent weeks, according to estate agents Knight Frank. Goldman Sachs was recently under the spotlight for awarding its 30,000 staff £500,000 each in bonuses, with some top traders set to [...]
The tributes pour in as City A.M. gets to 1,000 October 22, 2009 GORDON BROWNPrime Minister“Congratulations to City A.M. on reaching a thousand editions. Your paper has kept both Westminster and the City informed at a time of great turbulence in the world economy.” SIR VICTOR BLANKFormer chairman, Lloyds Banking“City A.M. has developed into a quality newspaper which sparks boardroom debate with its insight and analysis. It is [...]
Credit Suisse ups salaries October 20, 2009 SWISS bank Credit Suisse is increasing the base salaries of its executives to compensate for new regulatory limits on bonuses. The changes, including plans to link deferred bonuses to performance and the share price, will come into effect from January and apply to around 7,000 staff – 15 per cent of the bank’s workforce. The [...]
Qataris make millions from Barclays sale October 20, 2009 GULF state vehicle Qatar Holding yesterday offloaded half of its share warrants in Barclays, netting the bank’s biggest shareholder a fast profit of over £600m. Qatari investors, who still hold a direct shareholding of over seven per cent in Barclays, were issued with the warrants last November at a subscription price of 197.775p, as part [...]
BANKS FACE THREAT OF TAX BOMBSHELL October 18, 2009 THE government risks driving droves of companies overseas and losing out on billions in revenues if it goes ahead with imposing a stricter tax regime on the banking sector, the City warned yesterday. The stark warning from City leaders came as it emerged that the government is considering a sweeping change to the fiscal burden [...]
City: we pay billions in tax October 18, 2009 LEADING industry figures yesterday said the government should underestimate the banking industry’s substantial contribution to its annual tax take at its peril. They added that the UK’s revenues could be significantly damaged by an exodus of banks from the UK if sweeping new tax hikes are introduced. “I understand the emotion and why people are [...]
Housing will feel the loss of bankers October 18, 2009 A WINDFALL tax on banks and a clamp down on bonuses could den the recovery of the ravaged house property market, industry experts said yesterday. Knight Frank head of research Liam Bailey said: “In the recent past bonuses have had the impact of increasing demand for top London properties. A tax on bonuses will undoubtedly [...]
Ledger takes his final bow in a surreal flight of fancy October 15, 2009 FilmTHE IMAGINARIUM OF DR PARNASSUSCert: 12a IF YOU are looking for a role that can stand as a testament to the talent of Heath Ledger, who died during the filming of this movie, then you would do far better to remember his turn as the Joker in last year’s Batman film, The Dark Knight, than [...]