There is clearly big money in cheap frocks. US retailer fashion retailer Forever 21, which opened this week on Oxford Street, was deeply keen to oust HMV from its pitch opposite Bond Street Tube... more
The US may be taking a backseat in the effort to oust Colonel Gaddafi, but the London division of its most famous investment bank, Goldman Sachs, seems to have inadvertently launched an attack of its own... more
Directors at the London-based arm of Goldman Sachs saw their pay almost treble last year despite pre-tax profits plunging 75% to $1.19 billion (£720 million)... more
One of the themes to emerge from the recent reporting season among the investment banks was how insignificant the fees they generated through advisory services had become... more
Council spent more than £1 million on advisers to help cut costs - despite planning to send 'begging letters' to its wealthiest residents in a bid to raise money for frontline services... more
Remember Goldman Sachs' endless spinning that it wasn't a recipient of the AIG bailout, and that the $14 billion it received at the time went to clients and counterparties, not to itself?... more
To the outside world, Formula 1 appears to be booming, with a sell-out crowd expected at this weekend’s British Grand Prix, and a tight title race... more
The largest and most ambitious stock market flotation of the year gets under way as online grocer Ocado prices its shares at between 200p and 275p... more
Comment: The official business of the board meeting of British Widgets plc has just ended. Talk, naturally, turns to the hottest subject in the City at the moment...... more
Tomorrow the gloves come off for another round of banker bonus bashing. JP Morgan and Goldman Sachs have had stellar years: once again, estimates will be everywhere of how much their leading players stand to receive ... more
Anxious times at JPMorgan's London offices. While their US boss Jamie Dimon has been hailed for his deft handling of the crunch and his firm not once posting a quarterly loss (unlike virtually every other big bank), the City HQ of JPMorgan has been in almost permanent upheaval for the last 12 months... more
The banking industry faced a fresh wave of public anger as high-flyers in London looked set for bumper bonus payouts despite the financial crisis and global recession... more
The top director at Goldman Sachs International in London earned just $1.9 million last year, down more than 90% from $23.4 million in 2007, annual accounts obtained by the Evening Standard showed... more
A charity supporting some of London's most deprived children is celebrating a £200,000 windfall - thanks to the generosity of Evening Standard readers... more
With less than three days to go in the Evening Standard Christmas charity auction, there are still many "once in a lifetime" experiences to be bought for bargain prices... more
A side-effect of the credit crunch has been a change of heart in the business world. Charity is being seen as more worthwhile than selfish spending ... more
Bonus time is coming after Goldman Sachs ended its financial year last night. But already we can be sure the payouts won’t be a patch on 2007 when some Goldman bankers landed huge pay days... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
8°c
