Sabtu, 13 Februari 2016

Betaville

Betaville

In The Times today: acerbic Alistair on top form; Helge Lund to head BP

Posted: 12 Feb 2016 12:54 PM PST

It's a bit late in the day but if you have a copy of the The Times and are planning on having a quiet Friday night in then Alistair's Osborne's business comment column is worth a read. Here is a link if you haven't got a copy:

http://www.thetimes.co.uk/tto/business/columnists/alistairosborne/article4688797.ece

Former Telegraph colleagues might be bit surprised to see me plug Alistair's column as he would regularly tear strips of me in front of my peers.

In fact, he even gave me a ticking off for running the Severn Trent bid story (more on that in a later post) when I bumped into him in Berkeley Square last Autumn - and I don't even work for him anymore.

But the fact is the fact is Alistair really does write a great column, with today's one his best yet. I particularly enjoyed the lead item on Glencore and Rio Tinto. It was incisive, witty and makes valid points. So, too, was the item on Sir Stelios and I'm sure the final line will up the entrepreneur no end (which I suspect is exactly what Alistair intended to do).

The Times people column, edited today by Dom Walsh, also had a juicy nugget suggesting Helge Lund, the outgoing CEO of BG Group, could end up at BP as the new boss...

Canacord Genuity wields the axe - part 2

Posted: 12 Feb 2016 12:15 PM PST

Canacord Geniuty appears to have tacitly confirmed my tale from earlier in the week.

In case you missed it, the broker/investment bank released dire 3rd quarter results this morning, announcing there would be a major "restructuring" resulting in job losses in the UK and elsewhere.

Here is a link to today's press release:

http://www.investegate.co.uk/canaccord-gen-grp--cf--/prn/3rd-quarter-results/20160212070000P801E/

And I hear the Canadian broking outfit has been hit with another major departure, so keep an eye on little old Betaville as I may have a fresh update...
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