Tag: business

Analysing Borwick

The Cambridge Analytica connection you’ve most likely never heard of; meet The Hon. Thomas Borwick, son of ex-Tory MP Lady ‘Call Me Victoria’ Borwick

The Hon. Thomas Borwick is a figure in the Cambridge Analytica scandal you’ve probably never heard of.

Bizarrely largely overlooked by the mainstream media, the son of the ousted ex-MP for Kensington Lady ‘Call Me Victoria’ Borwick is an extremely well connected man who keeps himself under the radar on social media. The 31-year old has just 500 followers on Twitter – a surprisingly low number given he has been described as a “computer specialist” – and was put in a position of huge power as Vote Leave’s chief technology officer from August 2015 to July 2016.

Educated at the University of Richmond, Virginia from 2006 to 2010, with a period studying law courses at Cambridge briefly during 2008, Borwick subsequently worked in IT for the financial services company Killik & Co in 2012 and simultaneously “developed music technology for interactive lessons.”

More interestingly, this youngster’s move into political data profiling came also in 2012 when he founded a company named Kanto Systems with an aim of “bring[ing] UK Campaigning into the 21st century.” Here, Borwick developed a “mobile canvassing app” and came into contact with Cambridge Analytica in order to provide them with “digital services,” according to The Huffington Post. In turn, he sold an app to Cambridge Analytica’s parent company, SCL, and now, in March this year, his firm was brought in by Ireland’s Save The 8^th anti-abortion campaign group as part of their efforts “to persuade Irish voters to keep the country’s strict anti-abortion laws.”

“Hiring Thomas Borwick to create and manage a website is like employing the SAS to run security at a school hop or bringing in Einstein to tot up your shopping bill,” comments journalist Fintan O’Toole in The Irish Times, and in further revelations in the Evening Standard late March, Borwick himself admitted to also having worked with the equally controversial Canadian data firm Aggregate IQ – an operation that earned £3.5 million working for Vote Leave during the 2016 referendum campaign.

The public and press need to wake up and smell the coffee. The manipulation of politics in America, Britain, Ireland and elsewhere runs far deeper than even the most avid viewer of the Daily Politics could imagine. Figures like Thomas Borwick may well operate in the backrooms but it is increasingly becoming apparent that with doorstep canvassing all but irrelevant, such people are worryingly our new political powerhouses.

Follow The Steeple Times on Twitter at @SteepleTimes.

April 17, 2018
McMoneya

London has simply become a money park for dodgy money and though ‘McMafia’ reflected elements of that, the truth is far more depressing

Since the 1^st January, the nation was engrossed (though many were also totally bored) by the BBC’s eight-part drama series McMafia.

Based on a fictional – though plainly inspired by the likes of the late Boris Berezovsky – Russian mafia family relocated to London, the TV adaptation of this thriller was filmed primarily in Knightsbridge, Mayfair and South Kensington. It showcased what many might consider the extreme wealth of Central London, but, in fact, was presented a little bit amateurishly.

Of the show, Carol Midgley in The Times summed it up well. She remarked: “If this is how miserably the super-rich live, I’d take a semi in Swindon any day” and equally now, if you wander the streets of SW1, SW3, SW7 and W1, you’d not disagree with her.

Recent news that the Fine Art Society is closing in Bond Street after 140 years due to “soaring rents” and “an influx of wealthy international fashion houses” illustrates the effect of the arrival of uncultivated new wealth in that sector, but equally sad is the demise of local restaurants and shops that actually provide things that genuine, full-time residents actually need.

Boarded up in Belgravia this month, after 44 years in operation, the Ebury Wine Bar closed supposedly due to the retirement of its owner, Nigel Windridge. Also gone – aside from the key loss of the much loved La Brasserie in Brompton Cross – are restaurants like Itsu in Walton Street and Racine in Brompton Road. Replaced by shisha bars and other businesses aimed at wealthy Gulfies and oligarchs, the streets of Westminster and Kensington & Chelsea are increasingly becoming utterly devoid of character.

Follow The Steeple Times on Twitter at @SteepleTimes.

February 18, 2018
The Finery of Fatland

Vast Greek Revival style Pennsylvania mansion for sale for 56% less than it was marketed for in 2014; it comes with a pub in the basement

An extravagant and somewhat over the top estate in Pennsylvania is on sale for £2.96 million or 56% less than the £6.75 million sum it was listed for back in 2014.

Extending to some 11,377 square foot and consisting of 7 bedrooms and 8 bathrooms, Greek Revival style ‘Fatland’ – originally known as ‘Vaux Hill’ and known as such once again since 1990 – in Lower Providence, Montgomery County dates to circa 1843 and stands on the site of an earlier stone farmhouse. That building served as the headquarters of General George Washington in 1777 and also was used by General Sir William Howe.

Now set on a plot of just 11.29 acres, the Fatland Estate used to be significantly larger but was reduced by land sales to make way for an express highway, a housing development and 154 acres towards the expansion of the Valley Forge National Historical Park.

Barbara Safford speaking at the time of the 2013 sale of the contents of ‘The Fatland Estate’

The house as previously furnished

“Decorated in the rich French taste,” the house was stuffed to the brim with European antiques by an insurance tycoon named Robert Safford after he and his wife, Barbara, purchased it in 1990. The couple also altered ‘Fatland’s’ original asymmetrical composition with the addition of a west wing and end pavilion that mirrored the east wing and end pavilion and even added a pub to the building’s basement. After Mr Safford’s death in 2011, the property – which also includes an outdoor pool, tennis court and barn – was put up for sale in 2014 whilst separately, in 2013, Freeman’s auction house in Philadelphia held a sale of contents that netted £2.9 million.

After three years on the market and now with a significantly reduced asking price, Terese Brittingham and Tom McCouch of Keller Williams Realty Group are the agents currently handling ‘The Fatland Estate’s’ listing.

The Fatland Estate – The Numbers

November 2017 – For sale at a reduced price of £2.96 million ($3.95 million, €3.31 million or درهم14.50 million) after a pending sale in June failed to complete through Keller Williams Realty Group.

October 2016 – Relaunched to the market for £2.96 million ($3.95 million, €3.31 million or درهم14.50 million) through RE/MAX Elite.

August 2016 – Reduced to £3.7 million ($5 million, €4.2 million or درهم13.4 million).

February 2016 – Relaunched to the market for £5.248 million ($6.999 million, €5.866 million or درهم25.699 million).

September 2014 – For sale for £6.747 million ($8.999 million, €7.542 million or درهم33.042 million) through Kurfiss Sotheby’s International Realty.

July 1990 – Sold to Robert Safford and Barbara Harvey for £1.6 million ($2.1 million, €1.8 million or درهم7.7 million).

Follow The Steeple Times on Twitter at @SteepleTimes.

https://www.youtube.com/watch?v=YJs6uxho03k

https://www.youtube.com/watch?v=xOYg61xGPqs

November 26, 2017
Harnessing a Horse Track

Well-equipped 0.5-mile harness racing track in Yorkshire for sale for £1.5 million; it was the scene of an “ear biting incident” by a traveler in 2009

A dream property for harness racing enthusiasts has been put up for sale in Yorkshire. Its star feature is a 0.5-mile all-weather racetrack and it also comes with 26 acres of land, a spectator stand, a trackside club house with bar and catering facilities, 50 stables and a horse walker.

Created by former boxer Michael Welling with what he described as “very little or no help from the racing fraternity” and built-up over ten years from 2006, York Harness Raceway and the Camden Stud was closed in 2016. It had been a destination with harness racing enthusiasts and was also the setting of a well-thought of annual horse sale.

York Harness Raceway owner Michael Welling

A photograph of racing on the circuit

In 2009, a traveler turned harness racer named John Harrop was jailed for 4.5 years after biting off part of the ear of an official at the track whilst on steroids, but of it, in 2013, Welling more positively told The Yorkshire Post:

“This was where I fell in love with the sport. It is the first harness racing track I ever came to. I was intoxicated by the speed, the excitement and the atmosphere… It’s a speed thing in the same way as having a fast car and once you’re hooked you start setting aims.”

“I’m throwing everything into making the track the success it deserves to be. This place has my heart and soul and I am determined to make it work as a realistic business. When I first started racing in 1993 it was only a hobby for me but it has now taken over my time and I’m here 24/7. When I was a kid I was brought up with horses and carts so it’s really in my blood. This place holds so many happy memories and the people who come here are salt-of-the-earth families. I’m certain that if more people came to see what we offer they would be hooked in much the same way I was.”

Additional features at the property include an “almost brand new” 3 reception room, 5-bedroom detached house extending to 3,222 square foot and a large modern barn with a wash bay and tack room.

Agents Jackson-Stops seek offers over £1.5 million ($2 million, €1.7 million or درهم7.3 million) for the property. An additional 75 acres of land is available by separate negotiation that is partly prone to flooding.

Follow The Steeple Times on Twitter at @SteepleTimes.

November 21, 2017
The Seashell

Circular shaped Scottish holiday cottage with just one room for sale for staggering sum of £250,000

A five-star holiday cottage on the Ardnamurchan Peninsula on Scotland’s west coast with just one room has gone on sale for offers over £250,000 ($331,000, €281,000 or درهم1.2 million).

Shaped like a seashell and of a style akin to something out of either The Hobbit or Teletubbies, ‘The Seashell’ was built to make the most of the views it enjoys over Loch Sunart and the Morvern Hills beyond.

The wood clad building is primarily formed from natural materials, including honed tree trunks from local forests, and an eco friendly turfed roof dotted with wild flowers. Accommodation consists of an open plan living-sleeping-dining-kitchen with a double spa bath, a separate wet room, cloakroom and utility room.

Aside from 0.2 acres of surrounding land, The Seashell is available either with or without an additional 0.5 acre plot that that comes with full planning permission for an additional dwelling.

A larger adjoining 3-bedroom contemporary house on a 1.19 acre plot, Aspen Lodge, is also for sale. Offers over £450,000 ($596,000, €506,000 or درهم2.2 million) are sought for it and a closing date of Tuesday 21^st November at 12 noon has been set for offers for both properties by agents the Galbraith Group.

Follow The Steeple Times on Twitter at @SteepleTimes.

November 17, 2017
The World’s Most Flirtatious Car

Off-the-wall 24-carat gold 1958 Austin Healey that would appeal to Liberace to be sold at auction in New York with an estimate of £420,000

A truly bonkers one-off 1958 Austin-Healey 100-Six that was given the monikers ‘Goldie’ and ‘The Golden Child’ is to be sold at auction in December.

For sale for 165% less than it was offered for in 2013 but 781% more than it was valued at in 1958, ‘Goldie’ is capable of speeds of upto 120 miles per hour but what makes her unique is that all brightwork – including the trimming washers and screws, wire wheels, disc brakes, bumpers and instruments – are plated in 24-carat gold.

The car’s interior is trimmed in champagne Connolly kid leather and champagne diadem mink by London furrier Lorna Doon Snow adorn the inserts and back squabs of the bucket seats and the key ring comes complete with a solid-gold scale replica of the car itself.

The brainchild of Donald Healey’s then PR manager, Ken Gregory, in association with the Daily Express’s then motoring correspondent, Basil Cardew, ‘Goldie’ was the show-stopping car exhibited at the entrance to the 1958 London Motor Show at Earl’s Court. She reportedly wowed audiences and no doubt would have been dubbed a ‘dream machine’ by the motoring world’s most extravagant doyenne, Lady Docker.

Sold immediately to the paper the Daily Express dedicated a page to the promotion of a reader competition to win ‘Goldie’ on 22^nd October 1958. Of her, they remarked:

“[This is] the world’s most flirtatious car… The Daily Express has bought it… You can win it. She’s elegant… she wears mink… and she adores champagne. No, not the girl… the car!”

“The real stuff… The most sumptuous… A vintage squirt… The biggest sensation of the [Motor Show at Earl’s Court]… Yes, you could call it the car that was born with a golden spoon in its mouth!”

“In the whole of the land there isn’t anything to match it.”

Surprisingly, the winner of the competition decided to sell the vehicle immediately. She was first road-registered in February 1959 and then passed through various owners until being completely restored by Bruce and Inan Phillips of Healey Surgeons of Washington, D.C. between 1983 and 1986.

Speaking of what the current marketing catalogue entry describes as “the most spectacular Austin Healey ever produced,” Inan Phillips is said to have remarked: “[‘Goldie’ was] one fantastic running and driving car… The smoothest driving Austin Healey we’ve ever owned.”

In time sold to a wealthy businessman and Jeep restorer named Dennis Collins from Wylie, Texas, ‘Goldie’ was offered for sale first on eBay and then at auction in Houston, Texas for £758,000 in 2013 and 2014. It appears no sale went through and now an estimate of £265,000 to £417,000 has been set for this striking creation.

RM Sotheby’s will sell ‘Goldie’ at their annual New York ‘Icons’ sale on 6^th December. They list the vehicle as being “without reserve.” If only Liberace were still around to put in a bid.

‘Goldie’ – The Numbers

December 2017 – Offered for sale at auction with no reserve and an estimate of £265,000 to £417,000 ($350,000 to $550,000, €300,000 to €471,000 or درهم1.3 million to درهم2 million) in New York.

January 2014 – Offered for sale with a ‘buy-it-now’ price of £758,000 ($1 million, €857,000 or درهم3.7 million) on eBay.

March 2013 – Offered for sale for £758,000 ($1 million, €857,000 or درهم3.7 million) in Houston, Texas by Collins Brothers Jeep owner Dennis Collins.

October 1958 – Valued at £4,000 (the equivalent of £86,000, $113,000, €97,000 or درهم417,000 today) prior to being sold to the Daily Express and offered in a reader competition in London.

November 12, 2017
A Modern Beauty

“One of Britain’s finest 20th-century country houses” has been placed for sale for £20 million; it comes with 530 acres and was built by the late businessman Sebastian de Ferranti in the 1980s

One could imagine being in the early 18^th century or in Italy even on first taking a look at the Palladian style Henbury Hall, near Macclesfield in Cheshire. However, as Moliere said: “One is easily fooled by that one loves” and in reality this 12,496 square foot beauty was actually constructed between 1980 and 1986.

The vision of the buccaneer businessman and patron of the arts Sebastian de Ferranti (1927 – 2015) and based upon Palladio’s Villa Rotunda at Vizenza, the 6-bedroomed main residence stands on the site of an earlier mansion demolished in the 1950s. It was designed by the architect Julian Bicknell in conjunction with Felix Kelly and David Mlinaric, was constructed by Tarmac Construction and is faced with warm-toned limestone from north east France. The estate also includes a Grade II listed dower house, five further houses and cottages, a Grade II listed and stable block and courtyard.

The late Sebastian de Ferranti

Henbury Hall during construction

A depiction of the original Henbury Hall in 1707

The front elevation of the current Henbury Hall with parkland beyond

Aside from 12 acres of immaculate gardens with a series of lakes, there is a 200 year old landscaped park, woodland, agricultural land, a beautifully designed swimming pool, a tennis court and a polo field.

Selling agents Savills offer the Henbury Hall Estate as a whole for a guide price of £20 million – a world away from the £9,000 sum the estate sold for in 1872 (the equivalent of £934,000 today).

November 11, 2017
Wealthy Wilton

Six-storey Belgravia residence with controversial business connections goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997

A 6,961 square foot freehold terraced townhouse in Belgravia has gone on sale for £25 million or 3,497% more than it was sold for in 1997.

4 Wilton Crescent – which sold in 1997 for what now seems like the paltry sum of just £695,000 – was marketed two years ago for £32 million and provides 5 reception rooms, 9 bedrooms, 7 bathrooms and 2 garages in an adjoining mews house.

Featuring traditional interior design by Robert Kime – decorator to the Prince of Wales – the property featured in court papers in December 2015 in the context of a dispute between a lawyer turned secretive property speculator named Glenn Maud and his former associate Robert Tchenguiz. Said to be at one-time worth £4.5 billion at the height of his success and originally from Sheffield, this businessman and his wife reportedly spent some £6 million renovating the house but was ordered to live on £500 per week in 2012 by a Guernsey court.

4 Wilton Crescent is now offered by Knight Frank.

4 Wilton Crescent – The Numbers

October 2017 – On the market for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank.

March 2016 – On the market for £30 million ($39.4 million, €33.5 million or درهم144.6 million) through Beauchamp Estates.

December 2015 – On the market for £32 million ($42 million, €35.7 million or درهم154.2 million) according to court documents. Owner Glenn Maud reportedly spent £6 million ($7.9 million, €6.7 million or درهم28.9 million) on “improvements” to the property.

September 1997 – Sold for £695,000 ($912,000, €775,000 or درهم3.3 million).

October 24, 2017
Bloomberg on Brexit

Billionaire and former Mayor of New York Michael Bloomberg condemns Brexit as “the single stupidest thing any country has ever done” apart from America electing Donald Trump

As Michael Bloomberg opened a vast new European headquarters in London on Tuesday, The Guardian revealed a series of comments he’d made two weeks ago about Brexit.

In a speech to the HUBweek conference in Boston, Bloomberg condemned the election of Donald Trump but also suggested: “It is really hard to understand why a country [Britain] that was doing so well wanted to ruin it” by voting for Brexit.

Separately, on a previous occasion, this wise man also pointed out: “[Britain] didn’t have an immigration problem and they didn’t need control of their borders. They have the English Channel – that gave them control of their borders.” We join those saluting him.

Mr Bloomberg’s comments in Boston follow:

We are opening a brand new European headquarters in London – two big, expensive buildings. Would I have done it if I knew they were going to drop out? I’ve had some thoughts that maybe I wouldn’t have, but we are there, we are going to be very happy.

My former wife was a Brit, my daughters have British passports, so we love England – it’s the father of our country, I suppose. But what they are doing is not good and there is no easy way to get out of it because if they don’t pay a penalty, everyone else would drop out. So they can’t get as good of a deal as they had before.

I did say that I thought [Brexit] was the single stupidest thing any country has ever done but then we Trumped it.

One of the things that is hurting us both in the United States and in the UK is that we have employees, not a lot but some, who are starting to say: ‘I don’t want to work here – can we transfer to some place else? This country doesn’t like immigrants.’

All this talk in Washington – words have consequences. Whether we change the immigration laws or not, there is general feeling around the world that America is no longer an open, welcoming place and a lot of people don’t want to go there, and the same thing is happening in the UK because of Brexit.

It is really hard to understand why a country that was doing so well wanted to ruin it. It was not a smart thing to do and getting out of it is going to be very difficult and is going to be very painful. It will hurt industries. People are already taking space in other cities over there [Europe], us included.

October 24, 2017
Moron of the Moment – Stephanie Mack

Daughter-in-law of fraudster Bernard Madoff illustrates how utterly out of touch she truly is with normality and the lives of ordinary, decent people

“The biggest mistake is putting on something you don’t feel comfortable in” casually commented Stephanie Mack (formerly Madoff) to The New York Times’ ‘Style’ in an interview this week.

As if without a care in the world, the daughter-in-law of the world’s worst Ponzi schemer Bernie Madoff – a man whose actions led to financial ruin for many and the suicides of several of his victims – talked to the paper’s Hilary Sargent and shared news that she’s now gone into the business of advising women on how to “choose simple pieces like the best jeans and the kicky accessories to go with them.”

Tastelessly titled: “A Madoff gets a makeover, by giving them,” this cringeworthy feature was plainly designed to give this out of touch with normality woman (whom “loves a good beanie”) room to try and show her human side. It failed and simply illustrated yet another example of the very self-serving entitlement that brought down her father-in-law and those around him.

Remarks such as “I have nothing to hide” are all very well from Ms Mack, but in sharing that she now urges clients coming out of “their recent breakup or divorce” to “drop… $1,200 on a jacket by Iro” she illustrates that money is still her mantra. In adding that her mother-in-law Ruth Madoff is “so much fun to be around” she forgets that this very same woman was shown to be a greedy cross between Imelda Marcos and Barbara Amiel but in commenting: “I’ve urged her to have a comeback. Everyone loves a comeback,” Mack most definitely fails to understand that the public have no desire to see such.

Whilst Guest of a Guest, in toadily referencing the article, decided to term this pointless clothes peddler “the best friend you didn’t know you needed,” we would suggest otherwise: Stephanie Mack – a woman whose new name includes ‘M’ for ‘Madoff’ and vulgarly ‘ACK’ after the airport code for Nantucket (a ritzy location where she once had a holiday home) – is someone one most definitely doesn’t need.

October 21, 2017