Martin Waller: City Diary
Claim your free 2010 double sided wall chart
One of the founders of the crashed dot-com site Boo has quietly tried to buy the site back, its new owner tells me. Boo.com, the fashion retail site that typified dot-com extravagance and stupidity, was reborn earlier this year. The name was bought by Ray Nolan, an Irish entrepreneur, to host his Web Reservations International travel site. Boo’s three founders, two of them the photogenic Swedes Ernst Malmsten and Kajsa Leander, got through almost £200 million before it crashed in 2000. “Boo’s a great name,” claims Nolan. “We did have a call from one of the three, I can’t say which, who kept trying to buy it.” Presumably in advance of raising large amounts of fresh capital for another try. They’d probably manage it, too. Truly, what goes around comes around.

The London Stock Exchange held an investor relations training seminar yesterday for quoted companies, teaching them how to get the most out of the City. This is one of a number of such events, but this time one senior fund manager dropped out at the last minute pleading a clash of engagements. They rang round to find a last-minute replacement and discovered most fund managers were attending “site visits” yesterday. Er, could that possibly be Royal Ascot?

Much ado about all those empties
At JPMorgan, they are scrapping the rubbish bins. Rolled out across the eight London properties and 10,000 staff from next month is a Year Zero-type programme, which will see everything recycled, including the existing bins, presumably passed on to some firm that is less eco-conscious. All waste will go into three categories, except for anything that doesn’t fit – polar bears, aircraft engines, the odd corpse – for which you have to ring property management to have it taken away. This category includes bottles, though I can’t see too many people at a US investment bank calling management to get rid of all those empties from last night.

Todd Stitzer, chief executive of Cadbury Schweppes, was asked at the firm’s briefing yesterday what method he preferred when returning capital to shareholders. Special dividend, share buy-back, whatever works best? “We prefer wheelbarrows and dump trucks,” he responded. Probably not quite as funny if you are one of the departing employees . . .

Norton Rose, the City lawyer, has run into grumbling from locals after its move to the More London development south of the Thames. The firm is holding an event for staff and families on July 7 at nearby Potters Field, a park, and posters on a local community website are objecting. “How do you go about challenging these events?” asks one. “Norton Rose are taking over a public space for their own private ends with no benefit for the public for whom the park is intended,” claims another. The lawyer says it is paying for the booking.“We’ve just moved to the area. We take the local community extremely seriously.”
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
With rail travel in Europe on the rise, we review the benefits of travelling by train
In this special section we explore new food trends to help improve your dinner party and impress guests
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
1998
£47,955
2004
£56,950
Essex
Check your free Experian credit report before applying
Car Insurance
£100,000
Barnardos
UK
£123,460 pa
The Law Commission
London
Hampshire County Council
Competitive + bonus + benefits
Manchester United
Central London
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
Includes flights, accommodation with room upgrades, transfers city tours in Hong Kong and Bangkok.
PremierHolidays.co.uk
For your ultimate tailor-made ski holiday, click here
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
Choose from the beautiful landscape and tranquil beaches of Oahu, Kauai, Maui & Big Island.
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.