Any other business

Corporate governance

It all started at one of the Prime Minister’s monthly press conferences. Suddenly, in answer to a question, Gordon Brown named Sir Fred Goodwin, the now notorious former chief executive of Royal Bank of Scotland, as the man who broke the bank. After the conference the press machine of Number 10 must have gone into

Standing Room | 21 March 2009

Last Saturday I was sent a stiff, glossy brochure informing me of imminent changes in my local podiatry services. NHS Westminster plans to invest £540,000 in this pressing ‘service redesign’ and being a taxpayer and local resident they wanted my views. I had a questionnaire to fill out and return. Alongside the requisite ‘Are you

Is McDonald’s now a safer bet than HMG?

‘What do you say to a former Treasury economist? Big Mac and fries, please!’ This updated version of the old 1980s joke (the original butts were sociology graduates, and any scouser in uniform) has yet to make it into wider circulation, but it can only be a matter of time. If faced with such a

Why own a car when you can borrow one?

I do hope you enjoyed that new Ferrari 612 you bought a year ago. After all, it’s cost you more than £1,000 a week. That’s not what it cost to run, it’s what it cost in depreciation before you filled up, taxed and insured the beast. Still, it could have been worse — had you

A century for Mr Selfridge and his spirit lives on

Laura Staples recalls the American-born retailer whose great Oxford Street emporium revolutionised British shopping habits — and is holding out against recession today Laura Staples recalls the American-born retailer whose great Oxford Street emporium revolutionised British shopping habits — and is holding out against recession today One hundred years ago this week, Harry Gordon Selfridge

Investment: Equities

Dividends — the directors’ cut At least the savers whose interest rates have been squeezed still have their money in the bank. Shareholders, by contrast, are seeing their dividends slashed after also suffering substantial share price falls — and there is no compensation scheme to cover their lost capital. That is a risk of equity

And Another Thing | 14 March 2009

With one of those tremendous jolts to memory, I was taken back 60 years by the death of Conchita Cintron. She was the greatest of all women bullfighters and I was incredibly lucky to see her, in 1950, for that was the last year she was in the ring. Where did this take place? Was

Standing Room | 14 March 2009

‘Mum, have you ever been cock-blocked?’ asked my 19-year-old daughter on a recent visit home from university. ‘Mum, have you ever been cock-blocked?’ asked my 19-year-old daughter on a recent visit home from university. ‘Because it’s driving me crazy and I just don’t know how to deal with it. I thought you might have some

No sex please, we’re credit-crunched bankers

For testosterone-driven City high-fliers, the world has fallen apart, says psychotherapist Lucy Beresford — and one result is a dramatic rise in sexually disturbed behaviour There’s no doubting the trauma in today’s City: redundancy is rife and those who still have jobs are struggling to cope with an utterly changed financial world. No wonder a

And Another Thing | 7 March 2009

A.J.P. Taylor liked to talk about the Great Depression of the Thirties. ‘It was all right for some, such as myself,’ he said, with satisfaction. ‘With a nice, safe job as a university don, I was sitting pretty. Prices were stable or going down. Don’t let anyone tell you deflation is a bad thing. It’s

Standing Room | 7 March 2009

Munchausen on its own is a psychological disorder in which a person makes him or herself appear ill in order to get attention or nurturing. Munchausen by proxy is when a person fabricates or induces illness in a person under their care. These individuals tend to be highly secretive and use multiple false identities. Now

And Another Thing | 28 February 2009

What are the salient evils of our time? They are two-fold. One is social engineering, the idea that human beings can be changed, improved and moved about as though they are quantities of cement or concrete. Today, virtually all regimes, whether democratic, dodgy or outright totalitarian, practise social engineering. Not least Gordon Brown’s crumbling New

Standing Room | 28 February 2009

A family-sized bag of Minstrels. A tube of sour-cream-flavoured Pringles. A drum of popcorn. Cookie-dough-flavoured Häagen-Dazs ice-cream. A litre of Diet Coke. For one brief moment I actually thought Ocado had extended their home delivery service to include Chelsea cinemas. I had to move my handbag off the floor just to make room for the

Any Other Business | 21 February 2009

Lloyds becomes one more catastrophe for which Brown will never apologise How Lloyds Banking Group chairman Sir Victor Blank must regret not having had a prior engagement on Monday 15 September last year, the night he bumped into Gordon Brown at a City reception and got bounced into the takeover of HBOS by Lloyds TSB.

And Another Thing | 21 February 2009

During the Arctic weather I re-read that finest of winter pastorals, ‘Snowbound’ by John Greenleaf Whittier (1807-92). It gripped me, as it always does, by its combination of intense realism about the present and its imaginative sympathy for the past. Whittier describes heavy snow sealing off a household in the early 19th century, about the

Standing Room | 21 February 2009

Last week I lost it. I flipped out. Actually if I’m being totally truthful I didn’t just flip: I f***ing flipped. Like Boris Johnson, I had a Vaz-attack of epic, expletive-laden telephone rage. Having recently received the Transport for London form to renew and pre-pay my annual (discounted) congestion charge, I’d managed to get my

Insolvency

The Insolvency Service has sent me a questionnaire seeking my views on bankruptcy. At first, I was enthused by this chance to say what I think about Gordon Brown’s reforms which have led to an explosion in personal bankruptcies — a record 200 of them per day in the last quarter of 2008 — and

And Another Thing | 14 February 2009

Being a professional writer is a hard life. Producing a book, especially a long one, is a severe test of courage and endurance. For even after a successful day of writing, one must begin again the next morning, the blank sheet of paper in front of you: a daunting image to start the day, the

Standing Room | 14 February 2009

It’s not just politically incorrect toys that need to be hidden in the attic; certain words also need to be junked. It’s not just politically incorrect toys that need to be hidden in the attic; certain words also need to be junked. ‘Sorry’ has lost its mojo for me, it’s gone mainstream. It’s one of