Any other business

A man need not be a Byron to get by

It is a curious fact, well attested by history, that a downright ugly man need never despair of attracting women, even pretty ones. The recent uproar over John Prescott and his mistress is a good example. Of course this may have been a case of power acting as an aphrodisiac. Henry Kissinger, a keen student

Capital gains from the super-rich

Suddenly it is starting to look as if the period after 1914 — when London lost its position as the financial capital of the world to New York — was an aberration Suddenly it is starting to look as if the period after 1914 — when London lost its position as the financial capital of

Is this the peak of the bull market?

Conventional wisdom in the investment world is that it is hard, if not impossible, to call the really important turns in the stock market. You will struggle to find a professional investor who admits to being any good at market timing, and even more so to find a finance professor who will do anything but

Manhattan is full of bargains

There we were, hopelessly lost in the New York subway. The clock was ticking; we were supposed to meet some friends for lunch and there was no option but to swallow our pride and ask for help. I approached two young women loaded with shopping bags. ‘No idea, mate. We’re from Brighton.’ When we eventually

Jumping on the low-fat bandwagon

Simon Nixon says food companies will make money out of the government’s obsession with obesity – and consumers will pay Sometimes life really does imitate art. It’s less than 10 years since the satirist Chris Morris made his infamous episode of Brass Eye in which he persuaded a host of self-important politicians and celebrities to

Other people’s debts

‘A financier is a pawnbroker with imagination,’ claimed Arthur Wing Pinero in his 1893 play The Second Mrs Tanqueray. ‘A financier is a pawnbroker with imagination,’ claimed Arthur Wing Pinero in his 1893 play The Second Mrs Tanqueray. His work may be rarely seen in the West End these days, but his words are enjoying

How to keep the oil flowing in a dangerous world

Rupert Steiner talks to Britain’s most admired businessman, BP chief executive Lord Browne, about Middle East conflict and management philosophy Click, click, click, but no amount of clicking brings to life the silver and gold lighter in Lord Browne of Madingley’s hand. The chief executive of BP, Europe’s largest oil company, has run out of

A noble lady who showed that virtue is its own reward

Truly good people have always been rarities, and ours is not an age which nourishes them by attention and respect. When a good person dies, it is not headline news but, rather, a private tragedy for friends, who thereby lose a beacon in their own confused and muddled lives, someone they could regard as a

Medicine and letters | 22 April 2006

I was about to write ‘Everyone knows the story of James Lind, the Scottish naval surgeon, who conducted the first controlled trial in the history of medicine to prove the curative value of citrus fruits in scurvy’ when I realised that it would have been a silly and, worse still, a snobbish thing to say.

The age of stout hearts, sharp swords — and fun

It is exactly 100 years since F.E. Smith made the most famous maiden speech in history. Do MPs still make maidens? One never hears of them. Indeed one never hears of any speeches in the Commons these days; as a theatre of oratory it is dead. But it was a different matter in 1906. The

Medicine and letters | 8 April 2006

The most beautiful book to come out of South Africa, at least that is known to me, is Pauline Smith’s The Little Karoo. It was published in 1925, when the racial question (as it was then called) concerned the relations of Boer to Briton. The blacks in those days were considered to have mere walk-on

Be as bad as you like, but be sure to call an inquiry

By the weekend, the Conservatives had achieved the feat of making their own funding become just as much ‘the issue’ as Labour’s. The papers were full of sharp-looking loans which the Tories, as much as Labour, had received from the capitalist class. The Prime Minister and his allies had succeeded in making any scandal appear