Tag: banking

  • Breakfast hawks

    Breakfast hawks

    A review of Hawksmoor Guildhall, EC2V

     

    In the first of a series, we publish a number of the most popular articles from the blog that conceived The Steeple Times. Here, in a February 2012 piece, Matthew Steeples reviews a boozy breakfast at Hawksmoor Guildhall with Anthony Brown. After seeing an image of their breakfast on Facebook this morning, we were reminded just how good it truly is, so if you haven’t tried it already – you really should.

     

    On arrival at the Hawksmoor Guildhall, in the heart of the City of London, I immediately found myself thinking about Edward Hopper’s iconic painting Nighthawks.

     

    Nighthawks (Art Institute of Chicago, 1942) by Edward Hopper (1882 – 1967)

    The main dining area at Hawksmoor Guildhall

     

    Here, in this vast space, which can seat 160 in the restaurant and 75 in the bar, was a venue that very much combines the feel of an old banking hall with something akin to a friendlier version of the American café diner in Hopper’s Nighthawks painting. Though, to my mind, the City is indeed a lonely place, the welcoming staff and the somewhat noisy suited brokers created an atmosphere that truly reflected the stature of this fine establishment.

     

    My companion and I wrongly assumed that this relatively new restaurant had simply taken the space of something that had been there before. In fact, this was just a clever trick. The owners, Will Beckett and Huw Gott, collaborated with the Macaulay Sinclair design studio, who were also responsible for their Seven Dials site, to create a style that combines solid mahogany panels made out of Natural History Museum specimen cabinets, a bar formed out of the counter of a Dutch bank and teak flooring taken from the University of the Arts Building near Bond Street. The result is truly impressive.

     

    We opted to share the Hawksmoor breakfast for two priced at £35. This superb offering was served in a large pan with a smoked bacon chop, the most phenomenal sausages made from pork, beef and mutton, black pudding, short-rib bubble and squeak, trotter baked beans, fried eggs, grilled mushrooms, roast tomatoes and HP gravy. Served with unlimited toast, not that it was actually required, this bargain of a meal was a breakfast fit for a king. After this, you really won’t need to eat again for several days.

     

    Also on offer for breakfast, on a menu designed by the Hawksmoor’s executive chef, Richard Turner, are wild mushrooms on toast with poached eggs Hollandaise (£10), a 200g fillet steak with fried eggs and hash browns (£25) and a twist on McDonalds in the form of the sausage and egg HkMufin (£8.50). Scotch pancakes come available with streaky bacon and maple syrup (£6) or with roasted plums (£5).

     

    Urged to try the breakfast cocktails, we sampled the Hawksmoor’s Marmalade Cocktail (£8) of gin, lemon juice, homemade orange bitters and a dash of Campari and another named Shaky Pete’s Ginger Brew (£8.50) that consisted of gin, homemade ginger syrup and lemon juice topped with London Pride. The first was sharp and a perfect awakener and the second, described on the menu as “a turbo –shandy for the discerning drinker,” surprisingly worked utterly brilliant in terms of the ingredients it combined.

     

    Open for breakfast from 7am and serving until 10.30pm at night, this is a restaurant of which the Metro’s Marina O’Loughlin rightly comments: “As Homer Simspon might say, mmmnmnhrhmm…”

     

    Hawksmoor Guildhall, 10 Basinghall Street, London, EC2V 5BQ. Telephone: +44 (0) 20 7397 8120. Website: http://thehawksmoor.com/locations/guildhall

     

    Follow Hawksmoor on Twitter at: http://www.twitter.com/HawksmoorLondon

     

  • Greed ain't that good

    Greed ain't that good

    Matthew Steeples reports on the sentencing of Maria Michaela

     

    Today, Maria Michaela was sentenced to 9 years in jail at Harrow crown court for her role as the lynchpin in a fraud of epic proportions.

     

    Maria Michaela attempts to look remorseful as sobs in her mugshot
    Convicted fraudster Mary-Jane Rathie

     

    Termed as “Britain’s biggest female fraudster” by the Evening Standard, Michaela is someone I came across in Lennox Gardens, London. In the building where I lived, she was often spotted with an associate collecting money from a tenant, Stephen Hunter-Scott, also known as Stephen Short, who was jailed alongside her.

     

    In due course this Knightsbridge apartment was repossessed by an Irish bank but the aforementioned associate returned a year later and forcibly took possession. The apartment concerned was eventually taken back and sold on a short lease for just £200,000 recently.

     

    Meanwhile Michaela disappeared but it was not until she appeared on the BBC’s Crimewatch wanted list that she again came to my attention. On the show, it was reported that this woman, who operated under countless aliases that numbered “Joanne Sarah Pier,” “Anjali Sharma,” “Mia Cul” and “Nadia Ali,” had, with the help of a corrupt chartered surveyor named Mary-Jane Rathie, obtained loans of £10.5 million from HBOS and £2.5 million from the Royal Bank of Scotland in 2007 and 2008.

     

    Michaela, who may well in reality be called Bruna Louise, had posed as a wealthy South African heiress to secure the funds she supposedly required to fund the purchase of properties in Chelsea, Belgravia, Pimlico, Greenwich, Clapham, Stoke Newington and the Docklands. In reality, Rathie, who was bribed with £910,000 in cash, a £49,000 Range Rover Sport and a £143,000 Bentley Continental, vastly overvalued each allowing Michaela to pocket, for example, £6 million for a Cheyne Walk house that was in reality worth just £3.5 million.

     

    Whilst Rathie, a former employee of Ashdown Lyons, was jailed for 6 years in July 2011, the fraudster Michaela managed to evade capture for three years. She was eventually caught this January in Bexleyheath working as a mortgage broker. In various preliminary hearings, her pleas of insanity did not help her cause and nor did her unwillingness to provide evidence of her true identity. This morning, she got just what she deserved.

     

    Of her conviction, Detective Inspector Andy Fife of City of London Police commented:

     

    “Maria Michaela created a web of deception that duped banks into handing over vast sums of money and then perpetuated her crimes by assuming a new alias to try and secure more loans. False identities and a corrupt property surveyor were the tools she used to make millions, turning herself into one of the, if not the, most prolific female fraudster the UK has ever seen.”

     

    The lesson of Michaela and her cohorts, I’d argue, is simple. Greed may well be good in the eyes of Gordon Gekko, but the greedy generally get caught in the end and generally it is down to their own vanity. As she rots in her cell, perhaps she ought to consider this folly.

  • Andrey Borodin

    Andrey Borodin

    This billionaire former president of the Bank of Moscow lives in exile in London and is on the Interpol Red Notices wanted list as a suspect in a £136 million (13 billion rouble) fraud. (more…)

  • Rocking with royalty

    Rocking with royalty

    A £26 million residence with connections to rock, royalty and rectors

     

    Built in the early 1500s, The Old Rectory is Wimbledon’s oldest house. Standing in grounds of 2.5 acres, this 16,200 square foot property was once described by a biographer of Sir Henry Cecil as being “not luxurious, but adequate” but now once again it finds itself in an entirely different league.

    An image of The Old Rectory, 82 Church Road, Wimbledon, London, SW19 5AA in 1978. Present day imagery has been removed at the request of agents acting for the current owners.

    Priced at £26,000,000, it is almost certainly one of the most expensive homes to ever come to the market in Wimbledon and whoever moves there next will undoubtedly be either an oligarch, an A-list personality or a top achieving business person.

     

    The purchaser will follow in the footsteps of a fascinating array of historically important residents, the first of whom was Henry VIII (1491 – 1547). The King took up residence in 1547 in the months prior to his death and is said, as he was so bloated, to have been unable to climb the stairs to his sleeping chambers. His bed was relocated to the great hall of the house and here he slept next to the fire. Historical research recounts that, with a brewhouse, beer and wine cellars, a coal cellar, meat room, buttery and two dairy rooms, this was a “house fit for a king.”

     

    Henry VIII (1491 – 1547)
    Catherine Parr (1512 – 1548)

    Henry VIII gave The Old Rectory, which was originally called The Parsonage House, to his sixth and final wife, Catherine Parr (1512 – 1548). Preferring a residence in Chelsea, Parr left and the Dean and Chapter of Worcester Cathedral took possession. A lease was sold to Sir William Cecil (1520 – 1598), later Lord Burgley, and the manor then passed to his son Thomas Cecil (1542 – 1623), the 1st Earl of Exeter.

     

    In 1639, Charles I (1600 – 1649) bought the entire manor and gave it to Queen Henrietta Maria (1609 – 1669) but with the era of Comwell, The Old Rectory found itself occupied by General John Lambert (1619 – 1684). Shortly after, when a grander house was built next door, the property became first a laundry house and then servant accommodation and gradually fell into decline.

     

    The Old Rectory passed next to Sir Theodore Janssen (1658 – 1748) in 1720. This French-born English financier, who was said to be worth the staggering sum of £250,000 at the time of his purchase of the house, was a founder member of the Bank of English but later disgraced for his part in the South Sea Bubble. He was expelled from the House of Commons and with his ruination, The Old Rectory saw yet another chapter of abandonment.

     

    The garden front of The Old Rectory by Charles Henry Money Mileham (1837 – 1917)

    By 1802, the house was described as an “uninhabited” ruin. A speculator credited with developing “modern Wimbledon” named John Augustus Beaumont bought it and restored and extended it but when it was sold to a Samuel Wilson in 1882 for £6,000, an era of truly comprehensive upgrades was to begin. Wilson added a pebble-dashed two-storey drawing room wing, carved oak doors and installed English, Flemish and Italian chimneypieces.

     

    The next owner was a marine engineer named Matthias Jacobs who had been responsible for the construction of tunnels in Paris and New York. After having purchased The Old Rectory in 1909, he commissioned his brother to add a new single storey billiards room, a service wing and a study extension to mask the medieval chapel of the house. Jacobs sold up in 1923 to a Thomas Lethaby, who fitted oak paneling from Chantry House in Newark and a plaster ceiling based on the one at Knole House, Kent.

     

    Lord Brock FRCS, FRCP (1903 – 1980)

    In 1953, the eminent London surgeon and cardiologist, Lord Brock FRCS, FRCP (1903 – 1980), took possession of The Old Rectory after having paid £13,750 for it.  Brock is credited as on of the pioneers of modern open heart surgery and also founded the Lord Brock Memorial Trust that to this day funds the museum he founded, The Old Operating Theatre Museum and Herb Garret in Southwark, SE1.

     

    Following the death of his first wife Germaine Louise Ladavèze, Brock sold to an Iraqi entrepreneur and philanthropist named Basil Faidhi in 1978. Faidhi had fled Iraq for Britain and though he spent vast sums restoring the house with assistance from English Heritage, he also created a basement discotheque for his daughter, Nina, and a bar. Aside from bringing the house into the “yuppie era,” Faidhi also commissioned a historian named Richard Milward MA to write a history of the building in 1992 entitled: The Rectory – Wimbledon’s Oldest House.

     

    The Queen lead vocalist and anti-badger cull campaigner Brian May CBE purchased The Old Rectory in 1994 for £4,000,000 with the intention of living there with the Eastenders actress Anita Dobson.

     

    Brian May CBE with his second wife Anita Dobson

    Dobson, who didn’t marry May until 2008, had other ideas and refused to move in. It was suggested that she preferred a smaller house the pair occupied in Kensington and, at the time, a friend commented:

     

    “[May] begged her to move into the new house so they can make a fresh start. Nobody can believe that Anita doesn’t want to be the lady of this fabulous house. But Brian says he can’t get through to her.”

     

    Sir Donald Insall CBE

    As a result, May never properly moved into The Old Rectory and eventually decided to sell. In 2006, it achieved a record price of £16,000,000 and in the ensuing years, an Italian architect-owner named Antonella Carminati and her husband have lavished time and money on further restorations with the help of Sir Donald Insall CBE’s Insall Associates firm of architects.

    The driveway that leads to The Old Rectory from Church Road gives plenty of privacy

    New fittings have been installed throughout and substantial extensions to the house have included a new kitchen and breakfast room with garaging beneath. The couple have demolished an early 20th century porch and an “unsightly” oak conservatory, remodeled the billiards room as a drawing room and removed a “bilious” blue swimming pool from the east lawn.

     

    Now featuring 12,882 square foot of accommodation in the main house and 3,320 square foot of additional accommodation, The Old Rectory has been planned to include 8 reception rooms; a vast kitchen with La Cornue appliances and an adjoining breakfast room; master bedroom suite with two dressing rooms, his and her bathrooms and a sitting room and 7 further bedrooms.

     

    Outside, the gardens feature an original medieval fig tree trail, shaded paths, lawns and a large pond as well as garaging for six cars. Planning permission for an indoor swimming pool complex has also been granted and ample staff accommodation is provided above one of the garages and in the gate lodge.

     

    Given the now limited financial resources of the traditional religious houses of Britain, will it be rock, royalty or new money that next takes possession of The Old Rectory? The historians of Wimbledon will undoubtedly be watching.

     

    The Old Rectory, 82 Church Road, Wimbledon, London, SW19 5AA is for sale through the Wimbledon office of Knight Frank. For more information call: +44 (0) 20 8946 0026.

  • Trevor Abrahmsohn: “What’s on your mantelpiece?”

    Trevor Abrahmsohn: “What’s on your mantelpiece?”

    The Steeple Times asks Trevor Abrahmsohn, the founder and managing director of Glentree Estates: “What’s on your mantelpiece?”

     

    The Steeple Times shares “wit and wisdom.” What’s your guiding force?

    Knowledge and charm.

     

     “Don’t get even, get medieval” is, in our humble opinion, a great motto. What’s yours?

    The ninth ‘no’ is a precursor to yes!

     

    Kerry Katona was considered unacceptable in 2007. Who or what is unacceptable in 2012?

    Vince Cable.

     

    Tony Blair misses being Prime Minister. What do you miss most in your life?

    Making money more easily.

     

    What might you swap all your wealth for?

    Good health if mine were failing.

     

    Donald Trump was once a case of: “If you owe the bank a thousand, they close you down; but if you owe the bank a billion, you own the bank.” What’s your view on the banking crisis?

    An accident that was waiting to happen.  No surprise there.

     

    What phrase or word do you most loathe?

     ‘Elf’ and Safety!

     

    In the UK, some people consider charity to “begin at home.” What’s your view and what causes do you personally support?

    A multiplicity of good causes with a significant percentage of our turnover donated to children’s cancer charities, Make A Wish Foundation and Jewish Care.

     

    The judge in “Law Abiding Citizen” states: “I can pretty do whatever I want” before being blown up whilst answering her mobile phone. What’s your view on the appropriate use of such devices?

    They are one of the most important building blocks in the post Thatcher liberated society and are responsible for the explosion of the service industry amongst others.  It is one of the most important innovations for both business and pleasure.

     

    If you could fill a carriage on The Orient Express, who would be your fellow passengers?

    Peter Ustinov, Frank Sinatra, Stephen Hawkins, Margaret Thatcher, John Barry, Ernie Bilko and Arthur Lowe.

     

    Trevor Abrahmsohn of Glentree Estates

    If you were unfortunate enough to end up on death row, what would be your last meal and where would you eat it?

    A mighty New York strip steak with Idaho potato and salad in Palm Beach, Florida, looking at the sea.

     

    What time is it acceptable to consume the first drink of the day?

    7.30pm.

     

    A Negroni, a martini or a cup of tea?

    A Martini.

     

    Whose parties do you enjoy the most and why?

    The fun and informal ones with lots of laughter and cheer.

     

    Who is the most positive person you know?

    My wife and mother.

     

    What’s your most guilty pleasure?

    Too much good food.

     

    If a tattoo were to sum you up, what would it be of?

    99% good 1% bad!

     

    If you were a car, what marque would you be?

    A classic Aston Martin.

     

    Cilla Black presented “Surprise, Surprise.” Tell us the most surprising thing about you.

    My 14 handicap.

     

    What’s currently sitting on your mantelpiece?

    A father’s day card from my children.

     

    Trevor Abrahmsohn is best known for selling “trophy” homes and has dealt with the majority of the sales on London’s “Billionaire’s Row,” The Bishop’s Avenue. His firm, Glentree Estates, is situated at 698 Finchley Road, London, NW11 7NE. Telephone: +44 (0) 20 8458 7311. Website: http://www.glentree.co.uk

  • John King: “What’s on your mantelpiece?”

    John King: “What’s on your mantelpiece?”

    The Steeple Times asks John King, the sales manager for No. 11 Cadogan Gardens: “What’s on your mantelpiece?”

     

    The Steeple Times shares “wit and wisdom.” What’s your guiding force?

    My parents.

     

     “Don’t get even, get medieval” is, in our humble opinion, a great motto. What’s yours?

    “Don’t get mad, charge more.”

     

    Kerry Katona was considered unacceptable in 2007. Who or what is unacceptable in 2012?

    Victoria Beckham. The woman is despicable and the unhappiest celebrity there is.

     

    Tony Blair misses being Prime Minister. What do you miss most in your life?

    My business: a lettings agency in Brixton.

     

    What might you swap all your wealth for?

    An island, a super yacht and a supermodel.

     

    Donald Trump was once a case of: “If you owe the bank a thousand, they close you down; but if you owe the bank a billion, you own the bank.” What’s your view on the banking crisis?

    Coca Cola was once funded by the bank. We all need banks.

     

    What phrase or word do you most loathe?

    “In’it.”

     

    In the UK, some people consider charity to “begin at home.” What’s your view and what causes do you personally support?

    When I have enough to give, I won’t discriminate.

     

    The judge in “Law Abiding Citizen” states: “I can pretty much do whatever I want” before being blown up whilst answering her mobile phone. What’s your view on the appropriate use of such devices?

    Anywhere except the dinner table.

     

    If you could fill a carriage on The Orient Express, who would be your fellow passengers?

    My parents, Nelson Mandela, Bill Clinton, Muhammad Ali and Sir Alex Ferguson.

     

    No. 11 Cadogan Gardens sales manager, John King

    If you were unfortunate enough to end up on death row, what would be your last meal and where would you eat it?

    Mince and tatties in my mum’s living room.

     

    What time is it acceptable to consume the first drink of the day?

    Any time after 12, I’m not declaring which 12 I mean.

     

    A Negroni, a martini or a cup of tea?

    None of the above. I like a champagne cocktail at the bar at No. 11 Cadogan Gardens.

     

    Whose parties do you enjoy the most and why?

    My own because my closest friends are with me.

     

    Who is the most positive person you know?

    My five year old nephew, Charlie.

     

    What’s your most guilty pleasure?

    Glenmorangie 18 years old.

     

    If a tattoo were to sum you up, what would it be of?

    A motto which says: “What’s for you, will not go past you.”

     

    If you were a car, what marquee would you be?

    A Porsche 911 Carrera in red.

     

    Cilla Black presented “Surprise, Surprise.” Tell us the most surprising thing about you.

    I’d say that it is that I have managed to live in London for 9 years.

     

    What’s currently sitting on your mantelpiece?

    My watch. I stupidly left it at home.

     

    John King is the sales manager for No. 11 Cadogan Gardens, London, SW3 2RJ. Website: http://www.no11cadogangardens.com

     

  • Keeping bankers out of the kitchen

    Keeping bankers out of the kitchen

    The Steeple Times features in The Sunday Telegraph

     

    Yesterday, we received our first mainstream press mention with a feature in The Sunday Telegraph’s “Dashwood” column.

     

    The Sunday Telegraph’s “Dashwood” features The Steeple Times
    Anna White’s article

    Anna White picked up on a comment on Gina Miller’s open letter to our title from the chef and personality Antony Worrall Thompson and since we’ve also received similar messages from fellow restaurateurs Peter Burrell, Rex Leyland and Michael Proudlock.

     

    Plainly restaurateurs have more to say about the banking scandal than the bankers themselves. I salute them, Gina Miller and The Sunday Telegraph.

     

    Read Gina Miller’s open letter at: http://thesteepletimes.com/the-fog/an-open-letter-from-gina-miller/

     

    Read the article at: http://www.telegraph.co.uk/finance/comment/citydiary/9417357/Dashwood-Celebrity-chef-gives-food-for-thought.html

  • Nell Diamond

    Nell Diamond

    This American makes Nell Gwynn seem positively tame. The daughter of the ex-chief of Barclay’s bank, Bob, doesn’t like being confused with the singer Neil Diamond but does enjoy discussing sex on Twitter. When she’s not hanging with Lauren Bush Lauren, this cool is kid is either shopping on the Kings Road or raising funds for UNICEF.

  • Diamonds Aren't Forever

    Diamonds Aren't Forever

    The resignation of Bob Diamond

     

    Today, Bob Diamond finally bit the dust and resigned as chief executive of Barclays in a dramatic move designed to save the bank from further embarrassment in the wake of their having being fined a record £290 million last week for attempting to manipulate the interbank lending rate, Libor, between 2005 and 2009.

     

    Bob Diamond, centre, with John Varley and Marcus Agius

    Of his decision, Diamond commented:

     

    “No decision over that period was as hard as the one that I make now to stand down as chief executive. The external pressure placed on Barclays has reached a level that risks damaging the franchise – I cannot let that happen.”

     

    Meanwhile, George Osborne MP added:

     

    “We now have an opportunity to fix what went wrong and move on.”

     

    The Chancellor’s attempts to sweep this scandal under the carpet illustrate how out of touch he is with public opinion on this subject and Gina Miller, founder of the True and Fair campaign, raises a far more valid point in her statement on the affair:

     

    “Bob Diamond’s departure and the Libor scandal shows lack of oversight, accountability and regulation in the City. Current industry self-regulation, overseen by the FSA, has been widely abused by the financial services industry and has failed to protect consumers or provide a level-playing field for the more responsible financial services companies.”

     

    With an inquiry looming next into professional standards in banking, one has to wonder which other heads will roll next. As someone said to me in a Facebook message this morning: “Give a man a gun, and he can rob a bank; Give a man a bank, and he can rob the world.”

     

    For more information on the True and Fair campaign, go to: http://www.trueandfaircampaign.com

  • Raffaele Mincione

    Raffaele Mincione

    He was once engaged to Heather Mills but had a very lucky escape when she chose to marry Sir Paul McCartney instead. This Italian banker got the bargain of the century when he purchased 25 Lennox Gardens in Knightsbridge for just £18 million. The asking price had been set at £40 million and a previous offer of £34 million had been rejected.