THE LONDON REPORT September 22, 2009 BRITAIN’S top share index edged higher yesterday as miners and oil stocks buoyed by firmer commodity prices lent support, though with investors nervous before the group of 20 leaders’ meeting at the end of the week. The FTSE 100 closed 8.24 points, or 0.2 per cent, higher at 5,142.60, after ending Monday’s session 0.7 per [...]
Bank on Green’s for top-notch nosh September 21, 2009 Green’s Restaurant and Oyster Bar14 Cornhill, London, EC3V 3NDTel: 020 7220 6300FOODSERVICEATMOSPHERECost per person without wine: £35 THERE are precious few dinings rooms in the City with the “cor blimey” factor, so the news that a new restaurant was opening in the old Lloyds Banking Hall set us nodding like the dog on the Churchill [...]
A Tudor folly with five floors, a great local and superlative views September 20, 2009 FRESTON Tower is located on the River Orwell near Ipswich – from its rooftop you can see the cargo ships approaching from miles off, making their leisurely way to and from the dramatic Orwell Bridge. The tower was built in 1578 by a wealthy Ipswich merchant called Thomas Gooding, though the exact reason for its [...]
ROYAL MAIL FAILS TO DELIVER September 17, 2009 POSTAL STRIKES that have crippled the UK looked set to get even worse yesterday, as the CWU union called for a national walkout. The strikes over pay and job cuts, which started in July, have caused a backlog of an estimated 20m letters. Most of the delays are in London, Royal Mail said yesterday. The [...]
THE LONDON REPORT September 17, 2009 BANKING and energy stocks fuelled a 0.8 per cent gain for the FTSE 100 by close yesterday, up for a fifth straight day, as sentiment on the outlook for the global economy improved further. Britain’s blue chip index closed up 39.82 points at 5,163.95, its highest close since late September last year, having added 1.6 [...]
THE LONDON REPORT September 15, 2009 The FTSE 100 rose for a third straight session yesterday to close up by 0.5 per cent, boosted by bullish economic data from the US, as oils, miners and banks underpinned the rally. The index ended 23.28 points higher at 5,042.13, after trading as low as 4,996.52 earlier in the session. Energy stocks were higher, [...]
City Moves for 15 September 2009 | Who’s switching jobs September 14, 2009 White & CaseThe law firm has appointed London partner Oliver Brettle to its global executive committee. Brettle will retain his responsibilities as executive partner in the London office, which he has led for the past year. He replaces New York-based partner Dimitrios Drivas on the committee. Drivas is stepping down from the post to devote [...]
Lehman Bros bondholders may be owed up to 44bn September 14, 2009 THE trustee holders of collapsed Lehman Brothers’ senior bonds said the debt holders may be owed as much as $73bn (£44bn), after losing their investments when the bank filed for bankruptcy protection a year ago, according to court documents. Wilmington Trust Company claims that holders of the senior debt of the failed bank are estimated [...]
NOW SHOWING FIVE OF THE BEST September 10, 2009 THEATRE: Arcadia A sell-out production of TomStoppard’s (right) classic drama stars Dan Stevens as the tutor Septimus and Neil Pearson as pushy modern don Bernard Nightingale. Until 12 Sep, Duke of York’s Theatre, WC2N 4BG. Box office: 020 7432 4220. ART: FuturismThis elegant show celebrates a century since the founding of Futurism, with work by [...]
Houses with golf on tap have still got that swing September 10, 2009 GOLFERS know there is nothing better than waking up and strolling straight out onto the first tee. Developers know this too, of course, and for years, they have built properties all over the world where you can roll out of bed and start swinging straight away. Traditionally, the guaranteed sunshine of Portugal and Florida have [...]