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10 The Sunday Times August 4, 2019 BUSINESS Liam Kelly LETTERS dating (the company, you Send your letters, including Arcadia, Intu initially resisted — there’s a need for women- Rothschild banker’s 23.5-carat boast understand, not the board No accounting SIGNALS full name and address, giving in to Sir Philip Green’s only workspaces”, July 21). itself ) because it could use AND NOISE . to: The Sunday Times, demands because it feared Recent academic research Readers of the London the 1,000-year-old petrified the same technology as the for top Tory 1 London Bridge Street, stable tenants would request studied the types of networks Magazine were treated to a wood tables, the rare online property portal. Ben Elliot was named joint London SE1 9GF. Or email: parity. It would seem that that men and women benefit glimpse inside a grade II- artworks by Sakti Burman, Instead of pictures of houses, Conservative chairman after [email protected] Intu had a point that was lost from. One difference was that listed pile last summer, and the 23.5 carat gold used it would show singletons’ Boris’s brutal reshuffle. But Letters may be edited on its fellow landlords. women benefit from having a tastefully refurbished in to decorate an alcove photos and descriptions. He the nephew of the Duchess As a retired architect distinctive inner circle of luxurious Indian style. containing a Burmese had, in effect, imagined a of Cornwall — founder of Money-hungry owners can specialising in retail, I wrote a close female contacts. Giving The home on Heath Drive Buddha (“24 carat is too prehistoric Tinder. posh concierge service be the death of brands paper in 2014, the gist being them access to networks is in Hampstead, northwest soft”, Ravi explained). “The team was very keen, Quintessentially — might In Luke Johnson’s piece last that we had 100 too many essential for sustainable London, is owned by The sitar-playing Gupta, but the board said it didn’t want to focus on the day job. week (“Even strong brands centres and both industry corporate cultures, and a Anindita Gupta and her 47, who shared in a £50m fee like the slightly dubious Quintessentially’s annual can grow stale. Just ask Jamie and country would benefit society that works for all. Rothschild banker husband bonanza for helping the connotation,” recalls Hill, 71. accounts are now more than Oliver”), he rightly pointed from demolishing them and Deborah Gilshan, The 100% Ravi — who, when he’s not listed buyout firm Melrose It didn’t stop the site from six months late at Companies out “there is a need to invest regenerating the sites. Club, London flogging off Britain’s take over engineer GKN last reaching the FTSE 100 and a House. Elliot, 43, faces a in marketing and innovation With hindsight, I think we industrial crown jewels, year, might be in the market valuation of £4.6bn — but £1,500 penalty for tardiness. relentlessly to defend sales”. have all been too timid. appears to take a keen for some more petrified given the explosion in online Prufrock is assured the On a wing and an A350: However, he omitted one John Evans, Ruislip, BESTSELLING BOOKS interest in interior design. wood soon: Rothschild is dating, Hill muses: “I think accounts will be filed in the British Airways will unveil important factor in the northwest London Factfulness The periodical detailed about to bag another big Rightmove missed a trick. It next few weeks. Let’s hope the successor to the 747 decline of some brands: self- Hans Rosling, Ola Rosling & 1 Anna Rosling Rönnlund the property’s little touches: payday for advising air-to-air would be worth £10bn now.” politics doesn’t get in the jumbo jet — the long-haul interested buyers swiftly Free trade zones will bring Sceptre (9,560) refuelling specialist Cobham way, even if there are one or Airbus A350 — to help make burden a business with the investment from abroad Shoe Dog to sell out to American two pressing issues. BA a “fantastic, unbelievable, maximum debt available, in Teesside deserves a freeport, 2 Phil Knight JUST SAYING . private equity giant Advent. FUNNY BUSINESS 10 out of 10” airline again order to extract as much cash and other areas of the UK Simon & Schuster (4,741) Cobham shareholders, as possible, usually as charges could benefit too (Economic Talking to My Daughter NEWS, PAGE 26 About the Economy I’ve done this who think the £4bn deal is A weight off and dividends. Outlook, last week). Research 3 Yanis Varoufakis too cheap, and its 10,000 Debenhams struggled for conducted for the Tees Valley Vintage (3,629) for too long and staff, who face an uncertain Price’s mind years with owner-imposed mayor suggests that 70,000 Rich Dad Poor Dad future, will be heartened to When you’re the boss, you debt. The department store jobs could be created and a 4 Robert Kiyosaki done too many TWITTER POLL Plata (2,753) know what their precious have to be your company’s may have been nearing the £4.2bn contribution to GDP Moneyland quarters of this. cash might be spent on. biggest fan — but some can go Yes No end of its lifecycle anyway, generated after 25 years if the 5 Oliver Bullough slightly over the top. but, with sales earnings being idea were applied to five Profile (2,209) There is always The “Chubby Grocer” used almost wholly to pay the other port areas. This StrengthsFinder 2.0 Tom Rath uncertainty . Rightmove’s Lord (Mark) Price, former 26% 74% interest on its debts, there innovative approach will 6 Gallup (1,985) dating blunder Waitrose managing director was little left to spend on bring in projects that would Start With Why and then trade minister, efforts to “defend sales”. otherwise go overseas. 7 Simon Sinek Estate agents are not the recalls getting a bit too stuck Nigel Morley, Royan, France Chris McDonald, Materials Penguin (1,840) What They Don’t Teach You at most trusted professionals, into the produce while Processing Institute, Harvard Business School but some actually want to do running the supermarket It’s shopping centres that Middlesbrough 8 Mark McCormack more than rip off buyers. chain for 10 years. should be cut, not rents Profile (1,756) George Culmer, Lloyds Harry Hill, former boss of “I put on eight stone while Last week’s article “ ‘Hacked Here’s why women need Range David Epstein Banking Group chief Countrywide, founded I was at Waitrose,” Price, 58, After Aston Martin crashed off’ Primark demands rent their own space 9 Macmillan (1,728) financial officer, as the Rightmove, but then had sighs. “Dedication to the to a £79m loss and its cuts” referred to the chain’s I applaud Emma Gannon for Black Box Thinking lender takes another even bigger ideas. When he cause.” The man who put the shares slumped to a demand for reductions her article on women-only 10 Matthew Syed £550m hit for mis-selling was Rightmove chairman 15 profit into profiteroles. quarter of the float price, similar to those for struggling workspaces, which explained John Murray (1,627) payment protection years ago, he urged the liam.kelly@ can the stock recover to neighbours to help level the their importance for the Bestseller List prepared by Nielsen using data supplied by and copyright to Nielsen insurance board to move into online sunday-times.co.uk its £19 starting point? competitive playing field. advancement of women’s BookScan, taken from the TCM for the In recent negotiations with rights (“I’ve changed my mind four-week period June 30 to July 27 DATABANK INSIDE THE CITY RACHEL MILLARD THE WEEK IN THE MARKETS THE ECONOMY Consumer prices index current rate prev. month FTSE 100 FTSE 100 DOLLAR wealth fund arriving in 2017. problems — Berkeley will still USD > GBP 2.0% 2.0% Miner’s It moved from AIM to the need permits for other parts 7,800 CPI including housing current rate prev. month main market in June last year. of the development. And $1.22 1.9% 1.9% The shine has started to uranium prices have been V 0.02 gain in come off, however, because weak since the Fukushima 7,400 12-month high: $1.34 Retail prices index current rate prev. month low: $1.21 of doubts over whether it will disaster in 2011, which shut 2.9% 3.0% EURO Spain is far get the necessary licences. down reactors. 7,407.06 Average weekly earnings on prev. month on last year Reports last October that the Last month, Berkeley’s 142.00 H:7,790.2 7,000 EUR > GBP Spanish government was managing director Paul 1.88% L:6,536.5 £536 U0.4% U3.9% from plain unlikely to grant permits sent Atherley gave an indication of 6,600 €1.09 Unemployment current rate prev. month its shares plummeting. his feelings: he quit to FTSE 250 V 0.02 2018 2019 12-month high: €1.18 1.29m 3.8% 3.8% It was always going to be an Rejection has not come just concentrate on work at other low: €1.09 Source: Reinitiv Manufacturing output on the year on last month uphill task. Building and yet, but there is no decision in companies, including Angola- YEN financing a mine is hard sight and a key report from focused Pensana Metals. RISERS FALLERS Thomas Cook: 9.1p U 89.8% on Turkish Intu: 43.1p V 44.3% on poor results YEN > USD 0% U1.4% enough, but throw in the Spain’s powerful Nuclear Stand-in bosses Robert investment Convatec: 185.5p U 23.6% Sanne: 548p V 27.1% on profit warning Retail sales on the year on last month politics of nuclear energy and Safety Council has yet to Behets and Francisco Bellon on positive outlook London Stock Aston Martin: 468.8p V 22.4% on Exchange: £68.14 U 20.1% on Refinitiv crashing to a loss Fresnillo: 611p ¥106.57 U3.8% U1.0% the sensibilities of western materialise.

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