French democracy is in full swing, but the spirit of Revolution is alive and well sous la Manche. Eurotunnel’s small shareholders, having seized control of the company, are prepared to go down — and determined to go down fighting. Their weapon is the private investors’ right to be irrational, voting on prejudice and putting the
Russia may have set the bar pretty high, but Kazakhstan still has to be one of the most extraordinarily business-unfriendly places on the planet. A visit to this vast Central Asian state is like a modern reworking of Malcolm Bradbury’s satire Why Come to Slaka?, which catalogued the dubious attractions of a fictional East European
Middle-class Delhi-ites have fallen in love — with supermarkets. The ‘Organised Retail’ concept has exploded here, as mini-chains such as Big Apple, Food Bazaar and Reliance Fresh seek to get a head-start over the likes of global brands such as Wal-Mart and Tesco — both rumoured to be looking for sites in the capital. Big
We are imprisoned in space and time and there appears to be no obvious way of escaping from them. Indeed if, like Richard Dawkins and other neanderthals, you do not believe in a non-material world, there is no escape at all. You, as an individual, have no more significance, no more meaningful past, present or
This week Theodore Dalrymple begins a new column — on globalisation, moronic technology and modernity in general.Whenever I read the French newspapers I come to a strange conclusion: that I hate anti-globalisation as much as I hate globalisation. What, then, do I stand for? I don’t know, really. But it seems to me clear that,
Even allowing for retro-chic, there were some things from the 1970s that most of us assumed were never coming back: cheese-and-wine parties, lime-green bathroom suites, and trade unions setting industrial policy. The little cubes of cheese and the green baths look safely forgotten. But the brothers? They’re back. In the past few months, trade unions
The great China investment boom has many facets. A fortnight ago at a Sotheby’s sale in Hong Kong of Chinese works of art, wealthy mainland collectors and their representatives became so excitable during the bidding that along with the rest of the audience they ended up splurging almost £30 million. Historical works of art from
Stephen Jennings is very tall — about six feet seven. He wraps his body into contortions to fit his limbs into his chair in his central Moscow office. He would certainly suffer in Aeroflot’s economy class — but luckily he has his own jet. He’s also a towering figure in Russian business. His investment bank,
Spring sunshine encourages us all to browse estate agents’ windows. This week’s featured property, Dumfries House, looks at first glance like a rare example of value for money in an overheated market. This exquisite mid-18th-century mansion designed by Robert and John Adam comes with 1,940 acres — yet for the same price, £6.75 million, from
These days the Scots feel as proud of their banks as they once did of the Clyde shipyards — a macho symbol of economic prowess. This explains why the future of Scotland’s financial sector under a possible SNP government has become a hot issue in the forthcoming Scottish Parliament elections on 3 May. The Scottish
When I first moved to Britain in 1995, after a misspent youth in France, there were few Gallic accents to be heard outside the tourist hotspots. The long-established community in South Kensington had been joined by a growing number of French students at institutions such as the London School of Economics, but that was about
How disappointing it is that our legislators spend so much of their time arguing about reform of the House of Lords when the whole of Parliament is crying out for reform. The House of Commons just carries on as though nothing has happened in the way of a European Parliament with 78 MEPs, or a
I suspect gluttony, the excessive consumption of food and drink, was the first of the deadly sins to be committed. The least glamorous of them too. It is universal today, to judge by the number of fatties and the stomach-heaving coverage of food, restaurants, chefs and booze in the media. Ugh! It was always thus.
Guillaume Pepy doesn’t look like a man in a hurry. An elegant 47-year-old Frenchman with impeccable manners, he doesn’t look like an archetypal railwayman either, which may be because he isn’t. It’s true that he’s an énarque, a graduate of France’s elite Ecole Nationale d’Administration, but he’s also been both a judge and a market-research
The regulator of premium-rate telephone services, ICSTIC, is investigating television companies which dangle prizes before viewers’ eyes and then make it extremely difficult to claim them. When it has finished with that, perhaps the watchdog might turn its attention to a similar scam: Gordon Brown’s tax credits. In last month’s Budget, the Chancellor held out
It’s bleak, cold and nearly dusk at Kingspan’s industrial estate at Holywell in north Wales. Gene Murtagh runs up a ladder to show off a roof garden made with Kingspan’s insulated panels, which are being tested to see how much soil they can take. Roof gardens are a must-have for all self-respecting eco-warriors — like
To Armoury House, headquarters of the Honourable Artillery Company, for lunch with the recruiting officer — not with a view to joining up, though the PT would do me good, but to inspect the morale of this ancient City institution and inquire how it is adjusting to the pressures of the modern world, military and
Noah was the first believer in climate change. He saw it coming and acted in time. So it’s odd he is not the hero of the greens. But then they are all atheists. The two things go together, for being green, a secular form of pantheism, is a substitute for religion. Hence the fanaticism, so
How much do you hate Big Brother? A lot perhaps; but enough to welcome the demise of Channel 4? This is a real possibility: an Ofcom report due in a few days time will detail just how precarious Channel 4’s finances are becoming. While the report’s contents are still unknown, the challenges C4 faces are
Gordon Brown’s 11th and final Budget was a masterpiece of spin and obfuscation, with his headline-grabbing reductions in the basic rate of income tax and corporation tax more than made up for by a series of stealth tax raids. On that point, my friends and I are in complete agreement. But for the first time