Any other business

A win for Arsenal, but extra time at Wembley

From a distance, the new Wembley Stadium looks like a stately cruise liner forced by rough seas to dock in some tatty West African port. With its gleaming surfaces and huge vaulting arch, the stadium is all glamour, yet it is moored in a desolate landscape littered with kebab shops and second-hand car dealerships, with

Farewell to the Harry Potter of stock-picking

Twenty-seven years ago, a shy 29-year-old engineering graduate from Cambridge University left his job as a trainee fund manager at an obscure South African investment company in London. In a move that some of his colleagues regarded as foolhardy, he had accepted an offer to join a little-known private American firm that had never sold

The genius of verse and song whose life was a Book of Job

As a former treble chorister — you should have heard my ‘Benedictus’ solo from Gounod’s Messe du Sacré Coeur! — I love singing, especially popular ditties. I sing to my latest granddaughter, Daisy, that clever song ‘Daisy, Daisy, give me your answer do’. She cannot talk yet but is almost walking, and she wriggles to

A superjumbo-sized monument to Euro-folly

Jacques Chirac hit the nail on the head in 2002 when he opened a factory making components for the Airbus A380. The aircraft was, he said, ‘A symbol of what Europe can achieve.’ I could not put it better myself. As the vast 550-seat superjumbo wowed the crowd at Farnborough Air Show this week, there

Medicine and letters | 19 July 2006

I don’t much care for Napoleon, but I’ve always had a sneaking sympathy for Napoleon III. His boundless ambition combined with an ultimate lack of ruthlessness, his self-importance and vanity combined with flashes of insight into his own personal insignificance, make him a far nicer man than his odious uncle. I mean no self-praise when

A summer rhapsody for a pedal-bike

Nothing separates men from women more significantly than riding a bicycle. Whenever I see a man on a bike in London, he is invariably breaking the law: riding on the pavement, whizzing through a red light, pedalling arrogantly along our one-way street in the forbidden direction. I have never seen a woman doing any of

‘Bill Gates is just a figurehead. I am actively engaged’

In the bookcase in George Soros’s South Kensington drawing-room, neatly lined up beside works on Kant, Adam Smith and Karl Popper, are multiple copies of Open Society, written by one of today’s aspiring philosophers: Soros himself. The literary line-up is testament to the Hungarian–American billionaire’s search for something that money can’t buy — acceptance at

A compost heap of hot stocks

‘A piece of sh*t’ was the non-technical term used by Merrill Lynch analyst Henry Blodget to describe a dotcom stock called 24/7 Media, back in October 2000. To him, it was just another ‘new paradigm’ company to foist on an overheating market. To some observers today, the flotation on the Alternative Investment Market (Aim) of

The price of protection in a lawless land

The village clubhouse at Nikolina Gora, a well-heeled dacha village just outside Moscow, is usually a delightfully sedate place. Local residents Mstislav Rostropovich and Sergei Prokofiev used to give recitals for their neighbours on the clubhouse terrace. On Sunday afternoons lesser musicians still keep up the tradition and the strains of Mozart drift through the

Read any good books lately? Not novels, alas

In one respect I am like Gladstone, of whom a friend said, ‘He reads as other men breathe.’ To me, reading is my most frequent, enjoyable and essential activity. Not that I put myself on a level with Mr G, even in this respect. He read a portion of the Bible and of Homer every

‘I’m absolutely not interested in why it can’t happen’

Charles Dunstone wants Carphone Warehouse to be the Tesco of telephony. ‘You grow your market share, provide the best service at the best price and keep investing the gains you make into the business to make prices even more competitive.’ It is a typical Dunstone statement: simple to say, hard to do. It is no

Only fools and Europhiles

Every time one of his doomed money-making schemes collapsed in ignominy, a deluded Derek Trotter in the BBC’s marvellous Only Fools and Horses would insist that despite this latest setback, ‘this time next year we will be millionaires’. Few Brussels apparatchiks have ever ventured to Peckham, but they seem to have learnt a trick or

Is that a bug under your boardroom table?

The news that Michael Howard, the former leader of the Conservative party, is to become the European chairman of Diligence, a US-based corporate intelligence company, is the latest sign of gentrification in a sector that was once seen as the preserve of shifty types who rifle through bins under cover of darkness. There is still

Watches? Not for me

When I was seven my father gave me a duty-free Timex, my first watch. I loved it, wore for it years, and haven’t had another one since it stopped ticking a decade ago. Why? Because I don’t need one. I have a mobile phone and a laptop and I’m always near someone with an iPod