Martin Vander Weyer

The Serious Fraud Office has upped the stakes in the case of the controversial $3 billion Qatari financing that saved Barclays from a taxpayer bailout in 2008, by extending the charge of ‘unlawful financial assistance’ to the operating company, Barclays Bank plc, as well as the parent, Barclays plc. Four senior former Barclays employees, including

Regular passengers on the East Coast mainline are inured to change — and baffled as to why this transport artery cannot be run at a steady but modest profit by a private-sector operator. We recall with sadness the demise of GNER, the first post-privatisation franchisee from 1996 to 2007: part of the Sea Containers group

Ingvar Kamprad, who died this week aged 91, was a tortured soul but a retail genius. As the founder of Ikea he sold cheap but stylish furniture to millions of what are now called ‘hard-working families’: those who want to improve their homes and make better nests for their children on limited budgets. Though his

I visited St Thomas’ Hospital on Monday, to discuss fundraising for a cardiology research project. On the way in, I spotted an acquaintance taking her little boy for tests; she was busy explaining why the doctors needed to do what they were about to do, so I didn’t interrupt. I also spotted a block on

This is an extract from Martin Vander Weyer’s ‘Any other business’ column, in this week’s Spectator. In a week that felt rather starved of exciting business stories — the fat cats were evidently too busy packing for Davos — an unknown called Stapleton Capital, previously described as a telecoms investor, notched up a brief 130

This column has long been a sucker for a grand projet. ‘Time for a trip to Boris Island,’ I gushed in 2010 when London’s then mayor came up with his much-mocked (though in engineering terms not unfeasible) wheeze to shift Heathrow to a giant man-made landing strip in the Thames estuary. But even I could

This is an extract from Martin Vander Weyer’s ‘Any other business’ column in this week’s Spectator.  Carillion is a disaster on all fronts, but my sympathies go first to the fallen contracting giant’s sub–contractors. Upwards of 30,000 smaller firms were already facing 120-day payment delays and may now have to fight court battles to get

Carillion is a disaster on all fronts, but my sympathies go first to the fallen contracting giant’s sub–contractors. Upwards of 30,000 smaller firms were already facing 120-day payment delays and may now have to fight court battles to get paid at all, driving many hard-pressed entrepreneurs to bankruptcy. But the political spotlight won’t help them,

During the long interval since our pre-Christmas issue, Bitcoin has continued to generate crazy headlines — and crazy profits for those smart enough to sell at the peaks. The price tumbled from above $19,000 to below $13,000 but it did not crash out of sight, as sceptics continue to predict. Meanwhile, from Japan we hear

Over Christmas, Bitcoin has continued to generate crazy headlines — and crazy profits for those smart enough to sell at the peaks. The price tumbled from above $19,000 to below $13,000 but it did not crash out of sight, as sceptics continue to predict. Meanwhile, from Japan we hear that the ‘wealth effect’ of a

And so to my annual awards. Best business recovery of 2017: Lloyds Banking Group, which returned from the bailout sin-bin to full membership of the private sector in May. The year’s most lamented collapse: the upmarket Swan Hellenic cruise line in January. And the least lamented? The devil’s own PR firm, Bell Pottinger, in September.

This is an excerpt from Martin Vander Weyer’s ‘Any Other Business’ column. I don’t know which is more worrying: that the bitcoin market becomes madder by the day, or that it becomes more mainstream. The market price of a unit of the cryptocurrency has spiked above $11,800, up from $750 a year ago, for no

The revenge tragedy at the London Stock Exchange whose plot I outlined last month has reached its third act, but the carnage may not be over. Chief executive Xavier Rolet has left the building, rather than staying one more year as the LSE first announced, and declared that he won’t come back under any circumstances.

One week you’re fighting to survive the dance-off amid vicious backstage rivalries, the next you’re scoring a perfect ten from Bruno Tonioli for your shimmering tango. As it was on Strictly for Debbie McGee, so it was — well, almost — for Philip Hammond at the despatch box. Unlike many of the Budgets of his