All right, so perhaps I was a mite distracted. I was busy stirring a beetroot risotto, the television was on in the background, I had the telephone tucked under my chin and was also trying to figure out the solution to 11 down in the crossword (‘desire returns to writer covering S&M, spellbound’ in ten
George Trefgarne says there’s no need to worry about recent dramatic swings in oil prices: despite Opec production cuts, there’s ample supply for a new era of cheap energy It must be quite boring to be a crewman on the curiously named Front Queen, an oil tanker reportedly moored off the sweltering coast of Malta.
When the solemn temples are dissolving, why are they still offering giant salaries? I had the pleasure of giving a prize-giving speech on Saturday, at a lovely school called Fyling Hall which looks out over the North Sea near Whitby. I have developed a theme which seems to go down well on these occasions: treasure
I’ve been reprimanded three times this week for ‘inappropriate behaviour’ — issued with a trio of verbal ‘warnings’. I’ve been reprimanded three times this week for ‘inappropriate behaviour’ — issued with a trio of verbal ‘warnings’. None were handed out by law-enforcers — all came from members of the public. Random do-gooders. Total strangers have
Edie Lush encounters Riversimple, a car project with a corporate philosophy that’s as unconventional as its technology and an urge to give away its secrets on the internet Riversimple is either completely revolutionary or totally nuts. At a time when electric cars are the big green fashion, Riversimple’s founders have invented a hydrogen-powered car, and
When I was young, being given ‘options’ was a treat. When I was young, being given ‘options’ was a treat. It felt empowering — as though I were in complete control of my destiny. ‘Do you want to play Monopoly or Careers?’ ‘You have a choice — a Zoom or a Fab, what will it be?’ ‘If
Gary Lineker once observed that football was a simple game in which 22 men ran around the pitch, and then the Germans won. Much the same could be said of the car industry. It’s a simple enough business, in which everyone spends billions on big factories and flashy dealerships. And then the Germans make all
‘It’s a difficult world out there,’ admits Chris Kenny, investment director at Smith & Williamson, the wealth management and accountancy group. ‘There’s the recession, the economy teetering between inflation and deflation, higher tax rates, increased risk and lower returns all round.’ While market risks have soared, investors’ faith in the people charged with looking after
One dark evening in October 1994, I was standing in a small meeting room that faced on to Fleet Street, waiting for my last interview before I could escape into the rainy streets. Then a young trader strode in and asked me an unforgettably difficult question: why should Goldman Sachs — for that is where
Logging on to a university homepage I noticed that the first thing it flags up — breaking news — is that they’re installing a £56,000 digital satellite TV system which will ‘transform’ the way students access multilingual news and information from around the world. Apparently the purchase of Exterity IPTV represents the Language Centre’s biggest-ever
Critics of Gordon Brown’s ‘tripartite’ regulatory structure want authority restored to Threadneedle Street, says Richard Northedge. Critics of Gordon Brown’s ‘tripartite’ regulatory structure want authority restored to Threadneedle Street, says Richard Northedge. But is the Bank’s track record tarnished? The simplistic initial analysis of the financial crisis — that the tripartite oversight structure of the
I have the fear. The fear wakes me up at 3 a.m. and for a split second I forget what it is exactly that I’m frightened of. And then I remember. I am a mother and one of my children is off travelling and is on the other side of the world. In the still
David Crow says the Irish-based football channel — like the Prime Minister — looked a winner during the boom years but failed to attract fans and will struggle to survive You have to hand it to Michael O’Rourke and Leonard Ryan, founders of sports broadcaster Setanta. Three weeks ago it was hard to find anyone
History will regard Gerald Ronson as the man who withstood the humiliation of a high-profile trial and conviction, took his punishment without flinching, and returned quietly to his métier of making millions. Speaking from the comfort of his boardroom at Heron, his family’s property empire, the 70-year-old tycoon says, ‘Did I get a black eye,
It’s a law of the financial jungle that where there is debt there is desperation and where there is desperation you can sell all manner of dodgy ‘solutions’. Last year, commercial radio stations were full of ads telling us that — thanks to a ‘little-known loophole’ — half our debt could be wiped off if
It’s always the smallest thing that tips one over the edge. It’s always the smallest thing that tips one over the edge. This week I cracked. I sat on the pavement outside King Edward VII’s hospital and shamelessly sobbed. My husband was ill with septicaemia, and I was desperate to get to him. I was
Afghan farmers can prosper by producing the world’s finest melons, pomegranates and grapes, says Elliot Wilson, but first they must be weaned off growing the opium poppy Modern-day Afghanistan conjures up many fearsome images, from rocket-launchers and retreating Soviet tanks to mujahedin warriors and Taleban zealots. Yet this war-ravaged central Asian state, which has to
When I was younger (old habits obviously die hard and you have to forgive me for not automatically writing ‘when I was young’ — it’s just going to take a bit more practice), I used to find a particular greeting card amusing. It was a cartoon of a demented-looking career woman. She had one hand clutching
I don’t give a toss about my MP’s flat, but I’m bloody livid about council tax Next Thursday’s elections have been so overwhelmed by the scandal of Westminster expenses that candidates for the major parties have scarcely shown their faces in my part of the world. And voters, content to fulminate at the daily pageant
Lucinda Baring meets Simon Berry, chairman of a 200-year-old company that’s more modern than it looks Berry Bros & Rudd in St James’s Street epitomises the idea of an old-fashioned wine merchant. Outside, the façade has remained largely unchanged for centuries. Inside, the panelling, desks and uneven wooden floor transport you to an era long