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NN C A I R N S M A RT I N W O L F S I R J E RE M Y H E Y W OOD S I EOR G E I A C O B ES C U N E I L W O O D F ORD C OL I N GRA S S IE M A RTI IL BE RT K AT HE R I NE G AR R E T T- C O X C BE A N T H O N Y BROW NE M A R LORM A N M A RT I N W H E AT L E Y GE R A L D RON S ON A L E X S NOW BIL MI T H I N G A B EA L E X AV I E R R O L E T E M M A N U E L ROM A N C RA I ON AL D S O N H EL E N A M ORRI S S E Y A N D R E W BA ILEY ROS CEWA N S T E P H E N H ES T E R A N A B O T I N PE T E R S A NDS PA U ESTE R PA U L PE S T E R D AV I D C A M E RON J AY N E - A N N E GA DHIA M A RTI OR R E L L I A N P O W E L L JO A N N A S HI E L DS ROBE RT C HOTE S I LA N PA R K E R ANT H O NY H A B G O O D A RPA D BUS S ON JA M E UP TON M A R K B O L E AT A ND R E W T Y RI E , M P E D B A L L S L A DY BA RBA R UDGE G E O R G E O S B O R N E R U P E RT HA RRI S ON C L A R E W O O DM A N DA NN LEX A N D E R M A R K KL E I N M A N DA N I E L PI N T O R I C H A R D GN ODDE M IC HA E HE R WO O D A ND R E A O R C E L L I Z BI N GHA M R O L A N D RUDD P IERR AG R A N G E S T EV E N H EI N Z J O H N A R M I TA G E PA UL M A R S HA LL DA M LIS O N C A R N WAT H D B E VI N C E C A B L E C H A R L OT T E H OGG JA M E ARDR I C K S I R J O N CU N L I F F E DR N E M AT S H A F I K BE N BROA DBENT K I MALT H O U S E L OR D D AV I ES J O H N C R I D L A N D I A I N A N D E RS ON ROBER ESTON J O H N M I C K L E T H WAI T C H R I S E VA N S L I ON E L B A RBER LOR OT H SC H I L D D AV I D H A R D I N G M I C HA E L PL AT T M A RK C A RNEY M IC HA E IN T ZTHE E C R I S P I N O D E Y C HRI S H O H N PE T E R M A RT Y R A NTON EN K I N S S T U A RT G U LL I VE R M I C H A E L S P E N C E R A N T ONIO HORTA SO R I O T I D J A NE T H I A M F R AN C E S M URP HY T R A C E Y M C DERM OTT FION OO L F K AT H L E E N B A C O N M AT T H E W L AY T ON B O R I S J O H N S ON LOR IM C L E M E N T- J O N E S D AM O N B U F F I N I N I GE L BOA RDM A N S IR NIC HOLA ACPH E R S O N AL E X W I LM O T-S I T W E L L S I R M I C H A E L RA K E ISSUEROBER

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POWER 100 2014

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THE ALL NEW QUATTROPORTE. A CELEBRATION OF ELEGANCE, TECHNOLOGY AND POWER The all new Quattroporte is more than just the finest luxury high performance sports saloon. It blends extraordinary beauty with uncompromising performance from a range of V6 and V8 engines. A classic and exclusive grantourer with unmistakeable Italian design. For more information on the new Maserati Quattroporte, call 01943 871660 or visit maserati.co.uk

Official fuel consumption figures for Maserati Quattroporte range in mpg (l/100km): Urban 16.2 (17.4) – 36.2 (7.8), Extra Urban 33.2 (8.5) – 54.3 (5.2), Combined 23.9 (11.8) – 45.6 (6.2). CO2 emissions 274 – 163g/km. Fuel consumption and CO2 figures are based on standard EU tests for comparative purposes and may not reflect real driving results.


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THIS MONTH’S CONTRIBUTORS

DAVID PROSSER

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EDITOR

Mark Hedley ART DIRECTOR

Matthew Hasteley DEPUTY EDITOR

Jon Hawkins ASSOCIATE EDITOR

Cathy Adams SUB EDITORS

Chris Borg, Laura Chubb SENIOR DESIGNER

Lucy Phillips DESIGNER

Abigail Robinson JUNIOR DESIGNER

Bianca Stewart EDITORIAL ASSISTANT

Mike Gibson PHOTOGRAPHERS

Photography: Chris Watt, AFP/Getty Images INTERN

Amelia Tait CONTRIBUTORS

Elio D’Anna, Nick Bayly, Lydia Bell, Lucy Fry, Robert Kelsey, Andrew Kinder, David Prosser, Matt Roberts, Nick Savage, Robin Swithinbank, Saul Wordsworth PRINTING

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MARKETING & PR

Krista Faist, Emily Buck COMMERCIAL DIRECTOR

Mike Gluckman SALES DIRECTORS

Michael Berrett, Alex Watson SALES MANAGER

Will Preston PRINT ADVERTISING

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T’S PERHAPS NOT a surprise to see Mark Carney topping our

square mile Power 100 list for the second year in a row. The suave Canadian has taken the Bank of England by the scruff of its neck and begun the overhaul necessary for dragging the ancient institution – albeit kicking and screaming – into the 21st Century. As David Prosser writes on p76 in Carney’s school report, “he has hit the ground running with innovations that have put the Bank of England on the front foot”. What may be more surprising, but certainly more welcome, is the increase in the number of women on the list – especially taking up senior positions in traditionally male-dominated institutions. Indeed, the Bank of England is leading the way here, with Carney adding Nemat Shafik to his generals this summer – a line-up already led by the Bank’s Chief Operating Officer Charlotte Hogg. Elsewhere, we have Inga Beale taking the top job at Lloyd’s of London: a highly significant move by an institution where women weren’t even allowed to enter the underwriting room until 1972 – or permitted to wear trousers until the following decade. Also on the list is the City’s head of state Fiona Woolf. The former City lawyer has become the 686th Lord Mayor of London, but only the second woman to take on the role. She promises to campaign for greater diversity during her one-year tenure. This March, Lord Davies – another member of the Power 100 – said British boardrooms have experienced a genuine “culture change”. Indeed, women now account for 20.7% of board members in FTSE 100 firms. Although the City is a long way from equality, at least it seems to be moving in the right direction. For more on this, check out Lord Davies’ Breaking the Mould Awards online – the deadline for entries is 31 August. And if you didn’t make the list, there’s always next year…

Lorna Burton, Freddie Dunbar, Deniz Erkan, Jason Lyon, Verity Prentice, Clare Russell AJ Cerqueti ACCOUNTS

Caroline Walker FINANCIAL DIRECTOR

CEO

Tim Slee CHAIRMAN

Tom Kelly OBE

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CATHY ADAMS Cathy is celebrating her first full year at square mile this month. She joined us from stints as a reporter for both City AM and Money Observer. This issue, she meets John Cridland,directorgeneral of the CBI. [p82]

ROBERT KELSEY Kelsey is a journalist turned banker turned entrepreneur. He’s CEO of Moorgate Communications and author of numerous books including his latest, Get Things Done. This issue, he tells us how to ditch office time-wasters. [p66]

LYDIA BELL Lydia Bell is a contributing editor at Harper’s Bazaar and regularly writes for the Times, How To Spend It, the Telegraph and the Guardian. We sent her off to Cuba to see how the bar scene over there has been revolutionised. [p102]

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LEAD DEVELOPER

Steve Cole

Prosser has been writing about business, finance and economics for 20 years. A former business editor of the Independent, he is a contributor to the Times, the Observer and Forbes. This issue, he profiles Mark Carney. [p76]

Mark Hedley, Editor

@mghedley

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© Square Up Media Limited 2014. All rights reserved. No part of this magazine may be reproduced without the written permission of the publisher. All information contained in this magazine is, as far as we are aware, correct at the time of going to press. Square Up Media cannot accept responsibility for errors or inaccuracies in such information. If you submit unsolicited material to us, you automatically grant Square Up Media a licence to publish your submission in whole or in part in all editions of the magazine. All material is sent at your own risk and although every care is taken, neither Square Up Media nor its employees, agents or subcontractors shall be held liable resulting for loss or damage. Square Up Media endeavours to respect the intellectual property of the owners of copyrighted material reproduced herein. If you identify yourself as the copyright holder of material we have wrongly attributed, please contact the office.

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squaremile POWER 2014

COVER FEATURE 70

92

PORTFOLIO

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62 POWER UP YOUR LIFE From fitness to food, dress sense to office efficiency: we ask four experts how you can take your life to the next level.

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70 SQUARE MILE POWER 100 Our annual list of the City’s movers and shakers – from fresh blood to the Square Mile’s seasoned professionals.

ON THE iPAD SEE Features come to life wth animations and image galleries. Download it for free from the iTunes store.

010

COVER FEATURE

78 . ROW, ROW, ROW YOUR BOAT Four oars, two City men, and one Atlantic ocean: this is a unique tale of powering across 3,000 gruelling miles. Rather them, than us… 82 . GETTING DOWN TO BUSINESS We meet the CBI’s director-general John Cridland CBE ahead of the institution’s historic relocation to the City – a symbolic move showing its faith in the Square Mile.

ISSUE 90

POWER

15 . THE EXCHANGE 21 . ART WORK 22 . THE ANALYST 25 . ANGEL INVESTING 26 . AVOIDING BURNOUT

EXPOSURE 35 . SHOES 36 . SUNGLASSES 41 . LEATHER 45 . FRAGRANCES 47 . SUITS 49 . WATCHES

ASSETS 88 . MOTORBIKES 90 . CARS 92 . ANTIGUA 98 . ST LUCIA

102 . CUBA 107 . FOOD & DRINK 111 . GOLF

HOLDINGS 124 . INTERIOR DESIGN 128 . PHOTOGRAPHY 131 . PENTHOUSES

END PLAY 141 . ON THE TOWN 145 . GALLERIES 146 . GO THE EXTRA MILE

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L I F E

I S

A B O U T

M O M E N T S

C E L E B R AT I N G E L E G A N C E S I N C E 1 8 3 0

CLIFTON REd GOLd, 39 MM SELF-wINdING www.baume-et-mercier.com

47 Kings Road, Chelsea SW3 4NB www.ernestjones.co.uk


PORTFOLIO

THE EXCHANGE ART WORK THE ANALYST ANGEL INVESTING AVOIDING BURNOUT

. . . . .

015 021 022 025 026

YOUNG GUNS. 021 PHOTOGRAPH Safe From Harm (North Kivu, Eastern Congo, 2012) Digital C print, 48 x 60 inches by Richard Mosse. Courtesy of the artist and Jack Shainman Gallery


you only live once

To be a powerboating enthusiast and never own a Riva would be a travesty. Beautifully crafted, and exquisite in every detail, Rivas are revered wherever they go. From the 27ft Iseo to the sensational new 122ft Mythos, these icons of the boating world are as exceptional today as they’ve always been. To own a Riva is a joy like no other. The time to own one is now.

www.venturaeurope.com Ventura UK 17 Queen Street Mayfair London W1J 5PH Tel +44 (0)20 7495 2330 mail@venturaeurope.com


PORTFOLIO

THE EXCHANGE

THE CITY INDEX

MICHAEL SPENCER

100

THINGS TO DO AFTER THE CITY

WORDS Saul Wordsworth

#65 MODEL

ILLUSTRATION OF ‘MILES’ by Jamel Akib

▽ YOU’RE GORGEOUS, you are. OK, maybe not gorgeous – but you’ve got great teeth and anyone who gets to know you sees your hidden beauty, especially after a few wines. If you’re serious about becoming a model – and having read your diary, I believe you are – first things first: step away from the crisps. You’ll never see Kate Moss alone with a Bacon Fry, so why should you be any different? As an aspiring female model, you must exist solely on a diet of water, tissues and broken dreams. Aspiring male models, on the other hand, should eat seven live chickens a day, spend 26 hours at the gym a day and consume protein shakes every four minutes. Late nights are out of the question, as are punch-ups and facial tattoos. Your face is now your fortune, so look after it as you would a hedge fund. Short models are about as common as like-minded economists. If you’re a woman of less than 5ft 8in, you’ll need to stretch yourself with weights or, failing that, an especially difficult course in philosophy. Short blokes who want to be models must work with other small blokes on sets that have been scaled down to size. Construct a whole miniature universe for small men, just like a Tom Cruise film. Sadly, the chances of any of you becoming top models are slimmer than Twiggy. It’s not that you’re not pretty/handsome/an easy lay, simply that the world of serious modelling is extremely competitive and most aspiring models will be ‘hungrier’ than you, so to speak. If all else fails, there’s always ‘glamour modelling’, which I believe is extremely popular among men of a certain cleanliness. Now look down, back up again, and give me sultry. ■ For more see saulwordsworth.com

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In a video that surfaced last month, ICAP chief Michael Spencer was caught getting his kit off in a fundraising stunt for the Young Vic. Called ‘Life’s A Pitch’, Spencer stripped alongside four other City big cheeses. We wish we could unsee it, but we can’t.

STEAM & RYE

American-themed City bar Steam & Rye has rapidly risen up our list of Thursday night drinking spots: it’s just installed a rodeo bull for the Square Mile to ride. It’s opposite Lloyd’s of London, so expect lots of brokers fighting it out for a free cocktail…

THE PINNACLE

The doomed Pinnacle, the latest Square Mile ’scraper with a weird name, is finally expected to get off the ground this year, ex-City planner Peter Rees told Bloomberg. To us, the finished version looks more like an unrolled toilet-roll tube – but we’ll let it go.

THE GHERKIN

The poor Gherkin’s in a bit of a pickle after falling into receivership last month. The iconic City skyscraper has handed the keys over to Deloitte, after adverse currency movements added to its debt pile. We guess 30 St Mary Axe’s salad days are well and truly over.

BILL GROSS

Pimco boss Bill Gross hasn’t had a good month. His stock-picking cat Bob passed away (she – despite the name – meowed her opinion of a pet food stock: once for no, twice for yes) and his flagship bond fund is lagging the market. They’re probably not related…

A N O N Y M O U S T R A I N FA R E D O D G E R

Making millions apparently isn’t enough for an unnamed hedge fund manager from Sussex, who avoided a train fare bill of more than £42,000 over three years by just tapping his Oyster card at Cannon Street and paying the minimum fare. Almost genius.

015


THE EXCHANGE

WISE G U I D E S WORDS by Selena Barr, Tweed Media

#01 HOW TO INVEST IN GUNS BUY IN GOOD CONDITION When you’re looking to buy a gun, what’s the key to finding that one of a kind gem? Gavin Gardiner has managed Sotheby’s sporting guns department in London for the past 30 years and is also the founder of Gavin Gardiner Ltd. He explains: “The three attributes you need to assess when considering a vintage gun are quality, condition and maker. Ideally, you want to find a gun that has lived a sheltered life with very few miles on the clock. Sure, you can fix and replace knackered parts – but it is never as valuable as the original, untouched version. It is a false economy to buy a flashy gun in poor condition that needs a lot of restoration.” STICK TO TRADITION “There is always a market for vintage guns from recognisable makers, in particular Purdey. Everyone wants to own a Purdey,” Gardiner adds – and BBC Antiques Roadshow firearms expert Bill Harriman agrees, advising rookies to stick to traditional-looking guns. “Be aware of fashions but stick to original, unaltered design features,” he says. “For instance, if you opt for a side-by-side shotgun, choose a double trigger. Don’t be snooty about the humble boxlock – I’d opt for a showy boxlock over a decaying sidelock any day. Whatever your firearm, pick top grade wood and a well-known engraver. You want your gun to have global appeal.” DO YOUR HOMEWORK One way to keep abreast of the market is to request the Obsolete Calibres List from the Home Office. Auctioneer Nick Holt points out that, once a calibre has been struck off, it will shoot up in value. “Most recently, Swiss military rifles in 11.7 calibre were made obsolete. Overnight, this made them highly sought after. Like all investments, you’ll need to do your groundwork.” Gardiner adds: “While it’s not recommended to regularly take unique, antique or collectible guns to the firing range or to the grouse moor, a gun will not lose its value if it is well looked after. Guns are a sure-fire way of getting bang for your buck.”

CITY TRIVIA

Kenneth Grahame, author of The Wind in the Willows, worked at the Bank of England. In his entrance exam for the Bank, he received full marks in the English essay – a result never achieved before or since.

WHAT THEY DID AFTER THE CITY...

ESCAPE A RT I S T #39 NICK APPELL, CASNA GROUP

▽ I STARTED out my career as a messenger with R Layton & Sons at the tender age of 16. From there I moved on to Montagu Loebl Stanley, where I traded UK equities and did a stint as a Blue Button on the Stock Exchange floor. I loved every moment of my time in the City, not least because I met some truly amazing characters – all of whom had the ‘work hard, play even harder’ mentality. I remember that my initiation lunch consisted of eight pints of lager, but I don’t remember much else about that day. From the adrenaline of the bull market years to the Big Bang of 1986 and then Black Monday in 1987, the City and I both changed. In 1989, an opportunity came for me to join my parents in a startup providing contract cleaning to London’s top luxury hotels. Since then, I haven’t looked back. I work in an industry where it is necessary to operate 24 hours a day, 365 days a year. The ‘trading floor’ never closes at weekends in the hotel industry. At Casna, we currently employ staff from 42 different nations and we have some unbelievably talented people on board. We invest huge sums of money in staff training, and we encourage internal career progression as much as we possibly can. ■ For more information, see casnagroup.co.uk

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squaremile.com


BOSS 0595/S

HUGO BOSS UK LTD. Phone +44 (0)20 7554 5700


PORTFOLIO

COMPETITION

THE EXCHANGE

BONUS B U STER URBAN TRUCK BY NÜRBURG, FROM £32,495

One of the newest names on the bespoke Defender block, Nürburg is experiencing so much demand for its upgraded 90s and 110s – known as Urban Trucks – that it is aiming to become Land Rover’s biggest Defender customer before the model is discontinued late next year. Nürburg has sold more than 35 Defenders in the past three months, with prices starting at £32,495, and company founder Simon Dearn explains: “Everyone wants a bespoke Defender, but some of the prices charged by established companies are eye-watering.” However, Nürburg is bucking that trend – Urban Trucks are up to 30% cheaper

HOW WILL YOU SPEND YOURS?

WIN A 1 LIKE NO OTHER SHIRT FROM 1LIKENOOTHER.CO.UK

WORDS James Davis

than some of the better-known offerings that are available elsewhere. Based on a brand new XS-spec Defender, each Urban Truck is decked out with 18in five-spoke alloys and 2in lowered suspension. The headlamps are updated to xenon, daytime running lights are added to the front bumper and the look is finished off with KBX grilles, privacy glass and a Momo steering wheel. Other options include performance, interior and entertainment upgrades. Think this is up your street? You can check out the Urban Truck in the flesh at June’s Goodwood Festival of Speed. 01908 366 788; urban-truck.com

▽ THE CLUE IS in the name: 1 Like No Other specialises in limited edition shirts that genuinely stand out from the crowd. The company, founded in Ireland in 2000, is now based in Leeds and produces limited runs of either 200 or 500 of each different style. Every shirt has its own unique number, which is hidden under the front placket. When a new season comes, 1 Like No Other’s designers create a fresh and individual theme that forms the basis of its originals prints. These signature prints are featured throughout the collection, appearing under the collar, inside the cuffs or in the back yoke and adding an element of originality and distinction to each and every one of the shirts. This season, the company has launched its first-ever formal collection for those who like to bring individuality to the workplace. We’re giving you the chance to win a new Arris shirt worth £125. This crisp, plain blue cotton shirt is teamed with a stem stripe providing detail at the cuff and collar. It’s trimmed with a unique print alongside an electric-blue ribbon. In order to enter, just download our iPad app for free and head to the competitions section at the end. ■

018

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COMIC by Modern Toss

TO ENTER Download the latest issue of square mile from the App Store and follow the instructions on the Competitions page.


SUMMER BEGINS at

London CANARY WHARF JUBILEE PLACE | ONE NEW CHANGE | REGENT STREET | COVENT GARDEN BRENT CROSS | KINGS ROAD | WESTFIELD LONDON | BATH | TRAFFORD CENTRE | Paris | Milan BANANAREPUBLIC.CO.UK


Creater of contemporary high quality business shirts British artwork, EU made Shop online at stauntonmoods.com & houseoffraser.co.u k


PORTFOLIO

➤ Deutsche Börse Photography Prize 2014 ➤

MAN-SIZE — By Richard Mosse —

PHOTOGRAPH: ‘Man-Size’ (North Kivu, eastern Congo, 2011) Digital C print, 72 x 90 inches by Richard Mosse. Courtesy of the artist and Jack Shainman Gallery.

Richard Mosse’s psychedelic shots of the long-running conflict in the Democratic Republic of the Congo made a splash when first exhibited at the Venice Biennale last year. Now, Irish photographer Mosse’s work is one of four finalists for the Deutsche Börse Photography Prize 2014, considered among the most prestigious photography prizes in Europe. The pink landscapes of the Congo’s jungle warzone have been captured via a discontinued type of infrared film, once used by the military to detect camouflaged installations from the air. Mosse’s pieces challenge documentary photography by rendering the heart of darkness in glorious technicolour. ■

ARTWORK

TRUE COLOURS?

The winner is announced at The Photographers’ Gallery on 12 May. An exhibition of the work runs from now until 22 June.

thephotographers gallery.org.uk

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021


PORTFOLIO

➤ Koenigsegg ➤ This month Agera ➤ ➤

NORSE THINGPOWER HERE

squaremile

— — By By Mark Edward Hedley Lee — —

POWER SPECIAL

TECH IT UP A LEVEL Koenigsegg is one of the first car makers to make use of 3D printing in its construction techniques. The most efficient shape for its turbocharger’s variable vanes could not be machined, so 3D-printed titanium was the only way forward.

ANALYST

POWER PLAY Under the hood there’s an upgraded version of the twin-turbocharged five-litre V8 that sits in the Agera R. Inside the R, this block already produces a Bugattibeating 1,115bhp. New extra-strength tyres have been developed to cope with the extra horses.

SEE MORE PICTURES ON OUR iPAD APP

022

In the beginning was the car. God saw that it was good, so he made the sports car. Then he created the super car. And next the hyper car. But what follows? Well, according to Koenigsegg, it’s this – the One:1. This mega car is the latest iteration of the manufacturer’s

superb Agera. It’ll produce 1,340bhp and weigh 1,340kg. It’s this one-toone power-to-weight ratio that gives the car its singular name. The result is a top speed north of 272mph. This will make it the fastest production car ever created, leaving both the Veyron and Venom in its tyre smoke.

In order to make the car so light, the Swedes adopted 3D printing to create whole parts, including its titanium exhaust system. With only six examples due to be produced, the One:1 is not quite one of a kind, but it’s not far off. ■ For more info: koenigsegg.com

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INTERIOR ARCHITECTURE, INTERIOR DESIGN & BESPOKE FURNITURE WWW.INTARYA.COM

+44 (0) 20 7349 8020


PORTFOLIO

➤➤ Angel This Investing month ➤ ➤

A HIGHER THING PURPOSE HERE — By Anonymous Edward Lee —

S

O I WAS HUNGRY. That’s

ILLUSTRATION by Jamel Akib

how this journey started. It was not part of a grand plan. I was simply hungry and didn’t want to eat at Pret again. I decided to be adventurous and try a new place across the road from my office on Liverpool Street. It had been open for six months and I’d seen enough people go in to think it was not too big a risk. In the end I was pleasantly surprised, and as days passed I became a regular. One day I saw a notice outside the shop from the owner. They were looking to expand and were in need of some capital. With bank lending hard to secure at the time, the owner had decided to release some equity for direct investment from suitable individuals. This was how I started my life as an angel investor. I ended up parting with some hardearned cash in return for a small stake in a potentially risky business operating in a sector I knew nothing about. I realised the risks were significant, but I also saw the opportunity and, frankly, I found the experience fun. It took me from my work life as a technology management consultant into a whole new world of selling food for profit. One positive effect of my investment was that I was then given an investors’ card which provided me with free food. This card generated a decent dividend for a number of years – until it was revoked because the company had become too big. Since then, I have gone on to make one more investment in a technology company based in Dublin. I was pleased to exit it last year after the company was sold to a US firm. This was my first exit and it felt good. The returns were certainly not lifechanging, but it had been rewarding. With a little grounding in startups, I’ve decided to ramp up this year. Firstly, I’ve resolved to focus just on technology and,

squaremile.com

within that domain, on ‘big data’. I’ve mentally set aside some capital with a view to making anywhere between two and four deals this year. I also want to be an active investor. This means that along with capital, I also want to give my time and experience to the startups. Most startups welcome this approach with open arms. Finding a good throughput of deals is key to making angel investing work. While sites like fs6.com and angel.co can be useful, they are by no means a substitute for networking opportunities. And as a worker in the City of London, luckily you are spoilt for choice. In fact, the challenge is figuring out which ones are worth attending. ‘City Meets Tech’ and events run by ‘Angels in the City’ are both recommended. The latter is especially good for newbies, as it runs seminars for those interested in getting started in angel investing at no cost. It’s common to find a seasoned angel at the event who will answer questions openly, which can provide some practical insights. Once you have found investments that interest you, the task of due diligence starts and the hard work begins. For me, this usually takes place on the weekends or in a spare evening after work. There are some standard elements that need to be evaluated, such as business plans, cash forecasts and term sheets. But ultimately,

gut feeling will be a critical factor in making you put pen to paper. It’s worth reminding yourself continuously throughout the process that you are investing in the team behind the idea as much as the idea itself. I have walked away from deals where the idea had huge potential, but I was not convinced by the people who were pursuing it. Deals are also typically done through a number of ‘angels’ who work together. This method, called syndication, is an experience in itself, as it will often have you working alongside people from varying backgrounds. Normally, a single person from the syndicate is identified as the lead investor and has the job of pushing the deal through. One of the most positive things the government has done for startups is extend the existing successful Enterprise Investment Scheme (EIS) for companies looking to raise seed capital up to £150,000, which is typically right in the angel investment sweet spot. The scheme, called SEIS, is arguably one of the most attractive investment schemes for higher rate taxpayers globally. Any investment made into an SEIS-qualified startup is eligible for 50% relief on the cost of shares, provided in the way of reduction of tax liability. Any capital gains are also exempt from tax and loss relief is available. Further information on qualification can be obtained from HRMC. Aside from the obvious draw of the above average financial returns, you’ll also have chance to meet some truly passionate people. And, if that isn’t enough for you, perhaps you’ll take some satisfaction in the fact that you are investing in seedlings that, one day, could grow into fully fledged organisations responsible for supporting thousands of jobs in the future. ■

025


PORTFOLIO

➤ This month ➤

EYES THING WIDEHERE OPEN ——ByByAndrew EdwardKinder Lee ——

Y

026

1. GIVE YOURSELF DECOMPRESSION TIME In a working world where jumping from one intense, in-depth project into another is the norm, you need to give yourself time to acclimatise. Otherwise, before you know it, your brain will be in overdrive, while your body is running on empty. When you start working with a new team or client, don’t expect everything to be perfect from the outset, or insist on spending hours of overtime in the office until it is. Aim to be patient and allow yourself to come up for air.

2. FIT IN REGULAR EXERCISE A healthy body is the key to a healthy mind. Whether you prefer boxing or relaxing with yoga, running or some calming Tai Chi, keeping fit and taking time out to focus on something other than work is important when it comes to your mental health. Tapping into your competitive side is also a good way of ensuring that you take exercise regularly; set yourself a goal by signing up to a marathon, for example.

3. MANAGE YOUR DIARY Get on top of your schedule – or at least have your PA do it for you. While your job undoubtedly requires your undivided attention most of the time, it shouldn’t end up being your whole world. Build your home life and social life into your schedule and make sure colleagues know not to contact you (or at least not to expect a response) during this ‘slot’. While it might take some getting used to, having a life away from the office (and yes, your

smartphone counts here) means that should something ever go wrong at work, it doesn’t mean that all will be lost.

4. RAISE ISSUES CONSTRUCTIVELY Tackle work-related issues head on. Sleep is the ultimate barometer for the state of your mental health: if you’re not getting any, it’s time to reassess. And if the reason you’re consistently waking up in the middle of the night (or not getting any sleep at all) is work, it means something is wrong and you need to do something about it. Talk to your boss or colleagues about why you are stressed, upset or annoyed in a calm and constructive way. Discuss what steps can be taken to solve the problem, or at the very least improve the situation. It’s much better to be upfront and honest about how you’re feeling, and to do so in a managed and measured manner, than to allow things to escalate out of your control.

5. ALCOHOL SHOULD NOT BE AN ESCAPE Everyone likes a good party, but drinking a bottle a night to help you fall asleep doesn’t count as ‘switching off’. Simply, it does not give your brain the ‘downtime’ it needs to be at the top of its game. Set yourself parameters (do your own version of the 4:3 and lay off drink for four nights a week), keep it social and when the time comes, don’t overdo it. ■ Andrew Kinder is a member of the Executive Committee for Workplace at the British Association for Counselling & Psychotherapy. To find out about counselling and to search for counsellors in your area, visit itsgoodtotalk.org.uk.

squaremile.com

ILLUSTRATION by Jamel Akib

OU’RE ON A ROLL. The adrenalin has just kicked in again and you’re closing deal after deal. Sure, you haven’t seen your wife or kids in two weeks, but you’ll make it up to them. And, besides, you’re confident you’re in line for an unbelievable bonus, and the celebratory trip you’re going to take to Mustique once you’ve got it will make up for all of this round-the-clock stress anyway. It might also sort out the headache that you’ve been quietly nursing with a cocktail of painkillers since... well, to be honest, you can’t really remember when. But in the meantime, it’s 3am, you’re at your desk and you’re going to be there for another few days at least. So: head down. Nose to the grindstone. You’re on the home straight and you’re going to get through this. Or at least that’s what you think. But in reality, if this is the kind of scenario you’re looking at, you’re putting yourself at risk of suffering from an array of mental health issues caused by exhaustion, including anxiety and even depression. As a result, you’re also putting your long-term career prospects on the line. Unlike Lloyds CEO António Horta-Osório, sadly not everyone can take six weeks off the job to recover from a serious burnout. Although it might not quite be a case of the tortoise and the hare (you signed up to your job, after all, and it was always going to be demanding), the truth is perhaps that a little slower and certainly a little steadier can help you to win the race. So what steps can you take to help avoid a meltdown while still keeping up with the varying demands of your job?


Swiss movement, English heart

C9 H A RR ISON BI G DAY- DATE AU TOM ATI C

Made in Switzerland / Modified ETA 2836-2 automatic movement with Big Day-Date complication by Johannes Jahnke / 38 hour power reserve / 43mm, Hand-polished, 316L stainless steel case / Anti-reflective sapphire crystal / Exhibition case-back / Italian leather strap with Bader deployment


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LUXURY WATCH CUSTOMIZATION

THE RACING SERIES Limited Edition DS4 with BUGATTI BLUE dial

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Our beautiful, Peper Harow, hand finished cotton socks epitomise everything that is quintessentially English. Impeccably made, with distinctive style and just a little twist of eccentricity. Quite simply you’re not properly dressed without them. Check out the full collection at peperharowlondon.com


EXPOSURE

SHOES SUNGLASSES FRAGRANCES SUITS WATCHES

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035 036 045 047 052

SWELL FOR LEATHER . 041 PHOTOGRAPH by Laziz Hamani/Cartier


Royal Exchange Jewellers specialise in fine jewellery and watches, we also buy and sell pre owned watches and can service all watch brands 020 7929 0100 | info@royalexchangejewellers.com Royal Exchange Jewellers, 29A Royal Exchange, Threadneedle Street, London, EC3V 3LP


EXPOSURE

ACQUIRED TASTE City-bankers-turnedSavile-Row-tailors Cad & the Dandy bought 167-year-old London shoemaker Wildsmith to bring the pedigree of master shoemaking to more buyers. Yet the family footwear company’s heritage is priceless, having made shoes for Prince Charles, JFK, and Cary Grant.

STYLE SHOES

TOP OF THE STOCK

ILLUSTRATION by publinc PHOTOGRAPH larit em potinium by David vidHarrison ces blah

Wildsmith’s elegant Grovesnor Monk (£295) is emblematic of the brand’s reputation for fine, exacting craft. This brogue monk is hand-cut from midnight blue calf; the stand-out single strap is in a luxurious midnight suede. Today’s Wildsmith director, Chay Cooper, hand-finishes every pair.

wildsmith.com

squaremile.com

FIT FOR A KING Shoemaker Wildsmith made the world’s first loafer for King George VI. Now, a new owner wants to find the company a wider audience 035


FOR HIM: (clockwise from bottom left) Giorgio Armani AR8018, £212, sunglasshut.com; Taylor Morris RJ Mitchell, £145, taylormorriseyewear.com; Lindberg Sun 8555 SC03/PGT, £320, lindberg. com; Bailey Nelson Yeats in wood grain, £98, baileynelson. co.uk; Archibold Ayrton in Havana brown, £175, archibaldoptics. com; Oliver Peoples West San Luis, £174, adamsimmonds. co.uk

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EXPOSURE

STYLE SUNGLASSES

ILLUSTRATION by publinc larit em potinium vid ces blah

LENS FLAIR It’s time you turned in those fake Wayfarers you bought from a peddler in Thailand – and get yourself a real pair of sunnies PHOTOGRAPHY BY David Harrison

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EXPOSURE

PAGE FOCUS

SUN, SEA AND SUNGLASSES FOR HER: (from top to bottom) Prada SPR 02Q, £215, sunglasshut.com; Giorgio Armani AR 6009, £233, sunglasshut.com; Bailey Nelson Harper in brown, £98; baileynelson. co.uk; Eye Respect Alex in Havana tort, £185, eyerespectdirect. com; Oliver Peoples Louella, £207, adamsimmonds. co.uk

Standfirst Temolupt atempel ibusae nis eos dus eat. Sit haritaepta vollaces voluptate accus dolestore con etur?

ILLUSTRATION by publinc larit em potinium vid ces blah

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EXPOSURE

MONTBLANC Montblanc’s Timewalker Chronovoyager UTC (£3,855) may well have the coolest name ever given to a watch – and it has the looks to match. With a second timezone, it’s perfect for the modern traveller. Combined with a brown leather strap, it’s versatile enough for any scenario.

thewatch gallery.com

THE LEFT SHOE CO. The Left Shoe Company specialises in made-tomeasure shoes created via 3D scans of your feet. The store sells several styles including many made from the best brown leathers on the market. These sophisticated Brummell Derbies (£1,895) are our pick of the croc.

CARRY IT ON The new Louis Cartier bag (£2,660) is named after the company’s founder, Louis Cartier, and is an hommage to his creative vision. Each bag takes 15 metres of thread for the stitching – and the leather is exposed to 12 strict tests to ensure maximum strength. The style is just as at home on the City streets as it is on a country estate.

leftshoe company.com

cartier.com

STYLE LEATHER

BROWN IN TOWN PHOTOGRAPH (Cartier) by Laziz Hamani © Cartier

What was once a style faux pas is now a City sartorial must. Brown leather has an enduring appeal and versatility. Here are three prime examples…

SEE MORE PICTURES ON OUR iPAD APP

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THE COLLECTION The finer things in life are right on the City’s doorstep: head to The Royal Exchange for all these and more… 042

FOR HIM

▷ MONTBLANC MEISTERSTÜCK COLLECTION This year, Montblanc celebrates 90 years of its iconic Meisterstück fountain pen – and is unveiling a new Meisterstück Collection: a unique selection of leather goods, timepieces, jewellery and, of course, pens. Its meticulous mechanical watches – including this elegant Meisterstück Heritage Moonphase (£9,800) – are manufactured in Villeret and Le Locle in Switzerland. Although the rest of the collection is available now, you’ll have to be patient to get your hands on the watches – these are coming to stores in September. Montblanc, 10-11 The Royal Exchange, EC3V 3LL; 020 7929 4200

SAGE BROWN FINE LEATHER CARD HOLDER, £39

CROCKETT & JONES ALEX OXFORD, £385

LINKS OF LONDON SODALITE CUFFLINKS, £150

Credit card holders in a variety of fine leathers with magnetic clasps. Sage Brown Fine Leather, 31 The Royal Exchange, EC3V 3LP; 020 7283 2444

Classic Oxford shape created with just one piece of leather and one seam. Crockett & Jones, 25 The Royal Exchange, EC3V 3LP; 020 7929 2111

Sophisticated T-bar cufflinks with royal blue sodalite cabochons. Links of London, 6 The Royal Exchange, EC3V 3LL; 020 3691 1177

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EXPOSURE

FOR HER

▷ PATEK PHILIPPE SHOWCASE AT BOODLES This month marks the 175th anniversary of the Patek Philippe manufacture. British jeweller Boodles only stocks one make of watch – and no surprises it’s Patek. To celebrate this exquisite brand and showcase this year’s Patek Philippe Basel collection, Boodles invites you to view the pieces at its Royal Exchange showroom between 5-9 May 2014. There are including this stunning Calatrava Haute Joaillerie Ref 4895R. Boodles, 2-3 The Courtyard, The Royal Exchange, EC3V 3LQ; 020 7283 7284

PENHALIGON’S TRALALA 100ML, £150

THEO FENNELL SPIKE NECKLACE, £15,750

SMYTHSON iPAD AIR SLEEVE, £225

LULU GUINNESS GOBSTOPPER CLUTCH, £245

Fragrance co-designed by Edward Meadham and Benjamin Kirchhoff. Penhaligon’s, 4 The Royal Exchange, EC3V 3LL; 020 7623 3131

Morganite & Pave Spike Necklace in 18ct white gold with diamonds. Theo Fennell, 4 The Courtyard, The Royal Exchange, EC3V 3LQ; 020 7623 4380

Panama sleeve for iPad Air in iconic cross-grain calf leather, available in a range of colours. Smythson, 7 The Royal Exchange, EC3V 3LL; 020 7621 1037

Bright, bold spherical Perspex clutch bag from the SS14 range. Lulu Guinness, 23 The Royal Exchange, EC3V 3LR; 020 7626 5391

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SCAN TO SEE

LATEST OFFERS

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EXPOSURE

FRAGRANCES PAUL SMITH

SCENTS OF ADVENTURE Paul Smith presents his new sports-inspired fragrance alongside stunning stills of action men in their element. But will the scent keep even these fearless few fresh?

WIN BY A NOSE You might wonder what a fashionable fellow like Paul Smith knows about sport, but the answer is lots, actually. So there. Smith’s first ambition was to be a champion cyclist, but an accident at age 16 ruled that out. His new Extreme Sport fragrance builds on the citrusy bergamot, floral geranium and warming tonka bean tones of the brand’s most successful men’s fragrance, Extreme, with some energising splashes of grapefruit and cooling Moroccan mint. Shots of Smith’s favourite sportsmen accompany the launch campaign. Not that extreme steep skier Vivien Bruchez, pictured, ever breaks a sweat. ■ £27.50 for 50ml;

boots.com

paulsmith.co.uk

ILLUSTRATION PHOTOGRAPH by publinc larit by Sebastien em potinium Montaz-Rosset vid ces blah

SEE MORE PICTURES ON OUR iPAD APP

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GOODWOOD REVIVAL

12 • 13 • 14 SEPTEMBER For the latest event news follow us on

and

Admission strictly by advance ticket only • For tickets or hospitality please call: +44 (0)1243 755055 or visit

www.goodwood.com


EXPOSURE

STYLE HUGO BOSS

NORDIC CHARM

Although Hugo Boss is associated with German routes, its latest collection has taken inspiration from countries further to the north

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SCANDY DANDY Few countries weathered the global recession as well Norway – and the country is going through something of a cultural renaissance as a result. Indeed, Oslo’s new opera house provided at least part of the inspiration behind the new BOSS Autumn/Winter collection. The landmark building is a unique example of precision and contemporary design – it’s edgy but amiable. And that’s exactly the look BOSS is going for.

CASE IN POINT

ILLUSTRATION by publinc larit em potinium vid ces blah

The collection’s colours are inspired by polarcircle landscapes – from light chalkstone grey to dark arctic ocean-blue and deep purples. The accessories, meanwhile, have a laid-back functionality, well suited for any modern City traveller. The general look isn’t too formal, though – so you’ll look just as good in the boardroom as you will at the bar.

squaremile.com

HUGO BOSS: SUIT: T-Herwin/ Gibbs WE, £1,000; Shirt: T-Thob, £179; Neckwear: T-Tie, £85; T-Pocket Square, £75; Shoes: T-Counno, £430; Bag: Norrmalm, £450; 020 7554 5700 hugoboss.com

047


26 – 29 JUNE

For the latest event news follow us on

and

Admission strictly by advance ticket only • For tickets or hospitality please call: +44 (0)1243 755055 or visit

www.goodwood.com


EXPOSURE

WATCHES PATEK PHILIPPE

TRAVEL THROUGH TIME Patek Philippe unveiled its rebooted 1970s Nautilus at Baselworld. Though no Le Freak for the days of disco, ROBIN SWITHINBANK has been converted to the charms of the 1970s by this icon’s chic, maritime style

I

FIND IT DIFFICULT to get enthused about the 1970s. Every time I think about them, I see duff technology, silly trousers, men with clumpy hair, and bored housewives boiling vegetables in orange kitchens. Under normal circumstances, the only good thing I can find to say about the era is that it produced me, which is to its eternal credit. This is why it consistently amazes me that several of my favourite watch designs herald from the 1970s. There’s the IWC Ingenieur and the Audemars Piguet Royal Oak. And Omega’s entire Pilot line, brought back to life this year with the re-release of the brilliant Speedmaster MkII, covered in square mile last month. But the 1970s watch I hanker after most is Patek Philippe’s Nautilus. Those in the know about these things will recognise that the Ingenieur, the Royal Oak and the Nautilus were all designed by the late, great Gérald Genta, the watch industry’s first lodestar ‘watch designer’. The Royal Oak is so iconic it defines a brand; the Ingenieur is a little less lauded, but still important; while the 1976 Nautilus has had a tendency to slip under the radar. The reason for this is that it’s completely overshadowed by Patek’s many Grand Complications, most of which sit in roundcased classics made of precious metals and habitually sucked up by the world’s wealthiest collectors. The Nautilus, by contrast, is a 1970s steel sports watch, normally a three-hander, though sometimes a chronograph or an annual calendar. Compared to, say, Patek’s gorgeous Ref 5951P platinum mono-pusher chronograph with perpetual calendar, the Nautilus is about as headline-worthy as the IT department hitting its quarterly performance targets. Which I’ve always thought was unfair. The Nautilus is far and away Patek’s coolest watch.

Every time I think about the 1970s, I see duff technology and bored housewives boiling vegetables in orange kitchens squaremile.com

IT’S COMPLICATED: The new Nautilus is an expansion of Patek’s collection of complicated models. The travel time function allows the wearer to see the time in two different time zones at a single glance. Patek has said that this symbolises the personal mobility and active lifestyles of our era. We say it’s pretty nifty

On paper, maybe the combination of a cushionshaped case, a porthole bezel, the nautically inspired dial, and, yes, an articulated bracelet shouldn’t work – but it does. The Nautilus is super cool. It’s RayBan-Caravan cool. It’s the guy who sits in the corner at a party watching on while others make total fools of themselves, leaving early because, quite frankly, he’s got better places to be cool. So imagine my rapture on rocking up at this year’s catwalk of timepiece totty, the Baselworld watch fair in March, to learn that Patek’s flag-waver this year is a Nautilus. Not just any Nautilus, mind. The new Nautilus Travel Time Chronograph Ref 5990/1 has two complications – a chronograph and a second

see more on

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time zone, the most legitimately useful pairing of functions in watchmaking. Being Patek, it’s tricky, too. The second time zone is operated via two push buttons sneakily integrated into the familiar hinge-like shape on the left-hand side of the case. One nudges local time forwards an hour, the other back an hour – a facility Patek first patented in 1959 and a brilliantly simple way of adjusting time when you’re on the hoof. Both time zones have day/ night indicators, and the date moves back and forth as you skip past midnight as well. It is, simply put, a terrific watch. It might even be the sort of thing that could make me think positively about the 1970s. ■ £38,560; for more information, see patek.com

049


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DESIGN AND TECHNOLOGY WORKING TOGETHER

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To book your personal tour, visit: www.crestron.eu/showroom Crestron Design Showroom | South Dome, 2nd Floor | Design Centre Chelsea Harbour | London SW10 0XE www.crestron.eu/showroom | showroom@crestron.eu | 020 7352 0028


EXPOSURE

McQUEEN’S SEAL

HIS DARK MATERIALS

Pro Hunter was the first company to begin personalising steel Rolex sports watches. This Steve McQueen Explorer II (£14,950) is a great example. The original orange-hand Explorer was Steve McQueen’s day-to-day watch. This updated version is finished in Diamond-Like Carbon case coating. discoverprohunter.com

Pro Hunter’s designs are inspired by vintage Rolex models such as the military Submariners specifically created for the Special Boat Squadron, and the blackcoated Rolex Submariner made for select British Army officers based in Africa. The anti-reflective coating and materials employed in Pro Hunter’s line-up ensure the watches are ideal for hunting as they don’t catch the sunlight. They work just as well in the urban jungle, too.

WATCHES PROHUNTER

ILLUSTRATION by publinc larit em potinium vid ces blah

HOURS OF DARKNESS

Pro Hunter was the first company to take the shine off vintage Rolex models – in a good way. Welcome to the dark side… squaremile.com

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2

EXPOSURE

1

3

STYLE & SUBSTANCE

4

5

If there’s anything we can thank the financial crisis for, it’s that it sounded the death knell for the bigger-is-better macho watch arms race. Today’s masculine pieces marry form with function in a far more sophisticated package. By encasing its beautiful ref 5960 annual calendar chronograph in stainless steel [1], Patek Philippe has transformed the watch into a sporty, high complication piece. Last year Chopard launched the super-high frequency LUC 8HF, and for 2014, 250 will be made in stealthy monobloc ceramic and black DLC titanium [2] with a power reserve display. Hublot is celebrating the World Cup with a bi-retrograde football timing complication [3]. The MBIII [4], with GMT movement, is the third in Bremont’s series of watches made in collaboration with ejector seat makers Martin Baker. Also aimed at pilots, Breitling celebrates 30 years of the inonic Chronomat collection with the Airborne [5], fitted with its BR01 in-house calibre. Zenith’s El Primero is a genuine legend – the new Lightweight [6] uses titanium in its movement and has a carbon fibre outer case.

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3 1

HIGH DESIGN

2

Some of the most striking watches at this year’s Baselworld combined progressive, avant-garde design with technological prowess. Girard-Perregaux’s NeoTourbillon with Three Bridges [1] moves a 150-year old innovation into left-field territory with neat interplay between depth, colour and materials. Many brands introduced skeletonised models including Graff with its MasterGraff Ultra Flat Icon Skeleton Tourbillon [2] – a compact technological marvel housed in a 7.2mm-deep case. High design is always at the top of the Nomos Glashütte agenda, and the new Metro [3] has Bauhaus style and a hugely impressive new in-house escapement. Launched alongside a customised motorbike of the same name, the Bell & Ross B-Rocket [4] looks as fast as the name suggests. Hermès has made a name for itself in recent years with a series of whimsical mechanical complications – the Dressage L’Heure Masquée [5] has a hidden hour-hand that’s revealed when the wearer pushes a button. The Rado HyperChrome Touch Dual Timer [6] has two time zones, which can be switched between by swiping a finger along the ceramic case.

6

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EXPOSURE

BACK TO THE FUTURE

1

2

In recent years, dipping into the backcatalogue has been a major source of inspiration for any watch brands lucky enough to have a heritage worth shouting about. And it’s all very well making a nod to the past, but in 2014 the best examples are looking to the future, too. Omega made waves last year with its Pink Floyd-referencing, allblack take on the iconic Speedmaster – the Dark Side of the Moon. This year the Moonwatch gets a lunar module-inspired makeover [1], with brushed titanium case, high-tech Sedna gold accents, a matt grey dial and NATO strap. TAG Heuer’s Carrera Calibre CH80 [2] places an in-house movement with 80-hour power reserve in the classic Carrera body. The Rolex GMT-Master II [3] is a faithful update of a classic (including the ‘Pepsi’ red and blue bezel from 1955) with a two-tone ceramic bezel – a world first. Blancpain reinterpreted its 1950s Fifty Fathoms Bathyscaphe in 2013, and for 2014 it gains a flyback chronograph complication [4]. Longines has revived a 1954 design for its dinky Conquest Heritage [5]. Could small be watchmaking’s new big?

4

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1

EXPOSURE

CLASSIC STYLE

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Part of the beauty of any mechanical watch is that it provides an escape, however fleeting, from the inevitable march of digital technology. This year, watches with unashamedly classic looks were as much in evidence as ever. Glashütte Original’s Senator Chronograph Panorama Date [1] uses a new columnwheel chronograph movement in a design that borrows from German watchmaking’s rich heritage. Breguet is the master of timeless aesthetics, and the Classique Tourbillon extra-thin automatic [2] showcases the extraordinary artistry of its watchmakers – the dial features four different engine-turned patterns, while the movement beats at a high (for a tourbillon, at least) frequency of 4hz and has a power reserve of 90 hours. The Grand Seiko Hi-Beat 36,000 GMT [3] is a study in restrained styling and precision, with a green-tinged dial designed to echo the colour of the hills in northern Japan. New York jeweller-turned-highend watchmaker Harry Winston has given its Midnight Moon Phase [4] automatic an art deco flourish. Oris celebrates 110 years of existence with the ten-day power reserve Calibre 110 [5].

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NTHONY BROWNE ANTONIO HORTA-OSORIO ANTONY JENKIN RPAD BUSSON BORIS JOHNSON CHARLOTTE HOGG CHRIS EVAN H R I S H OPHON WC OEL IRN G R A S S I E C R I S P I N O D E Y D A M O N B U F F I N I D A N I E INTO DANNY ALEXANDER DAVID CAMERON DAVID HARDING DAVI ARDING DAVID MORLEY DAVID SPROUL ED BALLS EMMANUE OMAN FIONA WOOLF FRANCES MURPHY GEORGE OSBORNE GERAL ONSON GUY HANDS HELENA MORRISSEY HILARY EVENETT IAI NDERSON IAN POWELL IAN WACE INGA BEALE JACK INGLIS JA ALL JAYNE-ANNE GADHIA JOHN ARMITAGE JOHN MICKLETHWAI O N A T H A N S O R R E L L K A T H L E E N B A C O N K E N C O S T A K I T M A LT H O U S ADY BARBARA JUDGE LIONEL BARBER LIZ BINGHAM LORD DAVIE O R D R O T H S C H I L D L O R D T I M C L E M E N T- J O N E S L O U I S B A C O ARGARET COLE MARK BOLEAT MARK COOMBS MARK FLORMA ARK WILSON MARTIN GILBERT MARTIN SORRELL MARTI HEATLEY MARTIN WOLF MATTHEW LAYTON MARK CARNEY MICHAE INTZE MICHAEL PLATT MICHAEL SHERWOOD MICHAEL SPENCE EIL WOODFORD NIGEL BOARDMAN PAUL KILLIK PAUL MARSHAL AUL PESTER PETER MARTYR PETER SANDS PIERRE LAGRANG ICHARD GNODDE ROBERT CHOTE ROBERT ELLIOTT ROBER ESTON ROLAND RUDD ROSS MCEWAN RUPERT HARRISON SIMO OLLINS SIMON ROBEY SIR ALAN PARKER SIR JEREMY HEYWOO IR JON CUNLIFFE SIR NICHOLAS MACPHERSON SIR RONAL OHEN STEPHEN BUTT STEVEN HEINZ STUART GULLIVER TIDJAN HIAM TIM JONES TRACEY MCDERMOTT VINCE CABLE XAVIER ROLE MORE POWER TO YOU SQUARE MILE POWER 100 SHOCK AND OAR DOWN TO BUSINESS

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062

WE ASK FOUR EXPERTS IN THEIR RESPECTIVE FIELDS HOW TO CREATE ‘YOU 2.0’ – FROM USING DNA TESTING SO THAT YOU CAN BECOME A FITNESS GOD TO DRESSING FOR THE JOB YOU WANT, NOT THE ONE YOU ALREADY HAVE squaremile.com


UNLOCKING YOUR POTENTIAL WORDS: MATT ROBERTS

I

F ONE IGNORES the physical abuse,

psychological trauma, systematic doping and almost battery-farming approach to the Eastern Bloc’s sporting prowess through the 1960s, 70s and 80s, there was one indisputable outcome of that methodology: success. A programme that began with muscle biopsy tests to establish suitability to certain sports was then abused beyond belief in the blind pursuit of victory, producing endless gold medals and world records. Some of these – rightly or wrongly – still stand to this day. What the Eastern Bloc regimes were searching for was, essentially, a way to find out to which sport a given individual would be best suited. However, their biggest mistake was to oversimplify the factors necessary to achieve sporting excellence. The path to glory is a multi-faceted one, not just about mere physical ability. Home environment, desire, financial wherewithal (in some sports), and exposure to correct training at a young age all play their roles. Combine with this a bit of luck, and this is where the magic happens. However, as we all know, the physical abilities and nuances that define one sportsperson from another are also far from simple. Every good coach understands that there is no such thing as a ‘one size fits all’ training approach. One training method may work for one person, but may not necessarily be the best way for another – even at elite sporting levels. Each and every one of us is a different machine. We all possess unique variations and polymorphisms in our DNA that affect everything from how we behave to how we look and function as an organism. Thanks to advances in genetic technology, it has now become possible to further identify how best to take advantage of our own unique DNA profile to inform our choices when trying to reach our own health and fitness goals. A British DNA-testing company, DNAFit, can use a simple saliva swab, sent via the post, to help reveal our personal genetic health and fitness profiles. Without the need for a painful biopsy or blood test, one can reveal a series of useful genetic markers for both training and nutrition, with analysis of your power or endurance genetic mix, recovery speed, injury risk and aerobic training response. Along with all this, you can find out

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your individual ‘nutrigenetic’ profile. This details your saturated fat and carbohydrate sensitivity, your salt, alcohol and caffeine sensitivity, whether you are intolerant to lactose or have a predisposition to coeliac disease, and whether you may have a raised genetic need for a series of micronutrients and anti-oxidants. This is obviously all good news if you are an aspiring sporting superstar looking for an extra edge – indeed, it is already being used by a vast array of the world’s leading footballers, triathletes, runners and cyclists, with a marked success rate. The test is not just for elite athletes, however. By looking at a person’s individual genetic profile, it is possible to add an extra layer of information to further tailor bespoke training and dietary programming to ensure that, whatever the goal, it’s achieved. Be it weight loss, performance, strength, muscle power or just general fitness, the testing programme provides a direction and edge. Also, and vitally, the user can start to reduce the lengthy (and often costly) trial and error process of finding the ideal training or diet programme and instead focus on making the very best of their training time. It is now possible to create a training and eating plan that is for you and only you. DNAFit CEO Avi Lasarow says: “DNA testing will change the landscape of the health and fitness industry.” With the potential of truly bespoke training and nutrition planning, it is hard to argue against him. What is certain is that, once you have had your test done, your approach to how you think about yourself changes in an instant. The focus provided by understanding what it is that makes you tick is remarkable and lasting. The test process is simple – saliva samples are taken by you and sent to the lab. Your results and programmes are sent back to you within a couple of weeks, and you are ready to go. Because your DNA does not change, this is one test that gives results that will last forever. If you can invest in one thing that will change how you eat, drink and exercise for the better, invest in a DNA test now. You never know, you might find a dormant athlete. At the very least, you might just shift a few pounds. ■ For more info on DNA testing and learning from your results, see dnafit.com and mattroberts.co.uk

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POWER

PHOTOGRAPH by The Kobal Collection / Lions Gate

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064


THE RETURN OF POWER DRESSING WORDS: TOBY BATEMAN

T

HERE IS A powerful competitive advantage

to dressing well for work. However, unless you own the company, the office is not the place for peacock displays. Rather, it is a place in which a man needs to be dressed appropriately every day. This is the arena in which a man should always be impeccable, and where every element must hold its own and send the right message. It’s more important than ever to get the edge over the competition by dressing for the job you want, not the job you’ve got. When it comes to power dressing, how you wear clothes is at least as important as what you wear. Focus on the messages that your boss and your clients want to hear – that you’re well put together, organised, faultlessly groomed, reliable, capable of independent thought and have great taste. The way your clothes look and fit should suggest that you’re energetic and vivacious rather than tired and complacent. It’s important to exude class but also to stop short of flamboyance. The term ‘power dressing’ carries distinctly 1980s connotations, from Patrick Bateman, American Psycho’s sharp serial killer, to the equally aggressive Gordon Gekko. Back then, the pinstripe received a bad press thanks largely to Thatcher’s wide boys – whether unscrupulous traders or greedy estate agents. Today, however, these suits have been restyled in softer fabrics, subtler stripes and slimmer cuts (Richard James has some fine examples). A good pinstripe can add a point of interest to a navy or charcoal suit, streamline your silhouette – with the stripes seeming to add length to your body – and sit nicely with

The way your clothes look and fit should suggest that you’re energetic and vivacious squaremile.com

a pale blue contrast collar shirt and a paisley or striped tie. Other power dressing mainstays that are making an appearance this season include double-breasted blazers, Oxford shoes and windowpane checks. Think of your power wardrobe the way a soldier thinks about his uniform – make it a source of pride rather than a chore. By focusing on the quality of your clothes as well as the look, you subtly telegraph ambition. Your efforts will be noticed and, hopefully, rewarded.

RICHARD JAMES NAVY PINSTRIPE SUIT, £765 ▶ The subtle pinstripe on this Richard James suit, which contrasts pale blue against deep navy, ensures a streamlined appearance that will make the right impression in the boardroom. This expertly crafted piece comes with fantastic detailing, such as the dark brown buttons, and belt-free trousers with adjustable side tabs that will create a confidently stylish look.

SWAINE ADENEY BRIGG BRIEFCASE, £1,975 ▶ Handmade from natural English bridle leather and hand-dyed a rich chocolate brown, this structured, sturdy creation is a classic design of the utmost quality. Store your laptop in the padded compartment, carrying it by the adjustable shoulder strap.

JOHN LOBB LEATHER OXFORD SHOES, £735 ▶ The clean, simple design and luxurious comfort of these John Lobb Oxford shoes belie the complex work that goes into making them: with more than 190 processes, many of them completed by hand, each pair is a unique example of superior British craftsmanship. The slightly mottled brown leather is selected for its smooth appearance and soft feel, and should last a lifetime if cared for properly.

BURBERRY LONDON WOVEN SILK TIE, £115 ▶ Burberry London specialises in classic formal clothing and accessories, and this tie demonstrates the right way to bring pattern into smart outfits. Woven with burgundy, navy and white spots, it’s suitably refined. ■ Toby Bateman is buying director for mrporter.com

FEELING BLUE: A smart navy blue suit cuts a commanding dash – and the addition of a pinstripe only helps streamline a silhouette. We’re often asked if you can wear brown and navy: the answer is yes, but make sure the browns match. From mrporter.com

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POWER

HOW TO KILL TIME-WASTERS WORDS: ROBERT KELSEY

G

OT YOUR GOALS for the day? Great. A plan of action? Excellent. Even a timetable for achieving them? Superb. What could possibly go wrong? Interruptions, that’s what. Interruptions are nearly always caused by other people, who are usually forcing their goals onto your schedule. Result: your goals are compromised. So how can you kill the time-wasters wrecking our productivity? Here are ten achievable tips to help. AVOID BECOMING A MEETING HOSTAGE Most meetings are held to satisfy the host’s ego or to hand you their work. So never feel left out if you haven’t been invited. In fact, do your best to uninvite yourself: you’ll soon hear about what went on – if anything.

RESTRICT MEETING TIMES If forced to attend, say you have another appointment in half an hour (it’ll make them get to the point). Or ask for the time to be shifted away from the productivity peaks such as early morning. Ask if you can receive any papers beforehand – you may realise that your presence at the meeting is superfluous.

NEVER ANSWER THE PHONE

DEAL WITH DESK VISITORS

The phone is the most insistent, persistent and consistent cause of office interruptions. The solution: ignore it. Let it ring to voicemail and schedule a time to deal with the messages – perhaps each hour on the hour.

The old, unproductive you may have encouraged desk visitors as a way of passing the time. The new, productive you needs to politely but firmly discourage such visits. Say you’re “on deadline” and roll your eyes towards your boss. Unless your visitors are proving to be particularly dense, they should soon get the hint and stop bothering you.

PREPARE FOR CALLS When calling back, work out beforehand what you need or want from the call and, when you get it, ring off as quickly as possible. Time further spent on the phone will be wasted and possibly damaging to your cause.

AT MOST, CHECK EMAILS TWICE A DAY And never check emails first thing – use that time for productive leaps towards your goals. Over-checking and replying to emails is an alternative to real work. Avoid it at all costs.

NEVER ADD TO LONG THREADS Long email threads are generated by bosses looking for adulation or obsequious juniors looking to impress. Both have the opposite effect. In fact, those ignoring the threads can win more kudos. If forced to reply, try one word: “agreed” or “understood” – something cool that will also kill the thread stone dead.

AVOID EMOTIONAL EMAILS

Office feuds eat up more time than any other work activity – exhausting stuff and it’s all too common 066

Never, ever, reply immediately to an emotional email or one that’s triggered you emotionally – it’ll wreck that day’s productivity. Take some time to cool down. Wait until you can decide what you want from the sender, and then reply with that aim in mind. If you want nothing, don’t reply: it’ll drive them crazy.

DELEGATE RUTHLESSLY In fact, do hold meetings: your own. These should be for delegating your work to others. Too many senior people are poor delegators, thinking that it will ultimately cost them time to delegate to juniors who are likely to need too much guidance. The answer: don’t guide them. Share a vision of the end result and let them find their own route – their answers may well surprise you. And if they don’t, throw it back at them. If junior, try delegating up by asking your boss to prioritise your tasks – again, they’ll soon get the hint.

KILL THE FEUDING Whether junior or senior, office feuds eat up more time than any other work activity. Hatching plots; fuming at their plots; building alliances; collapsing alliances: it’s exhausting stuff and all too common in just about every office. Stop it! Instead, calculate how every individual can help you to achieve your goals, and make that your focus. ■ Robert Kelsey is CEO of Moorgate Communications and author of Get Things Done: What Stops Smart People Achieving More and How You Can Change (Wiley, 2014; £10.99).

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ILLUSTRATION by publinc larit em potinium vid ces blah

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POWER

TOP FOODS TO POWER UP YOUR DAY WORDS: POD

EDAMAME BEANS

GUARANA

Rolled, Scottish, steel or whole – oats are the key to an energy-boosting breakfast. They’re a low-GI cereal, controlling blood sugar levels to slowly release energy throughout the day. As well as being high in fibre to support a healthy digestive system, they’re also high in calcium, potassium, magnesium, vitamins E and B and protein, too. Oats help improve your skin, and are brilliant for those suffering from stress and tiredness. Mix them, bake them or top them with whatever you like – they’ll still have the same beneficial effect on you.

These little soybeans are high in energising nutrients, particularly copper, B-vitamins, and phosphorous. The B-complex vitamins break down carbohydrates into glucose, while helping to carry oxygen throughout the body. Both copper and phosphorous help convert food into energy and release that food into cells to be used as energy. Edamame also delivers exercise-friendly carbs, fibre and protein for an active routine.

Guarana is a type of berry grown in South America. It’s a natural stimulant which contains twice as much caffeine as coffee beans. Experts have proven that guarana increases memory retention and physical endurance, even taken in small doses. Add a large pinch to smoothies or juices for a full-body energy boost. Just be careful not to consume too much – as with caffeine, it’s something to enjoy in moderation.

KALE

EGGS

Kale is the iron man of vegetables. Iron is essential for good health, including the formation of haemoglobin and enzymes, transporting oxygen to every cell in the body to boost functionality and energy. Kale is also filled with more vitamins, minerals and antioxidants than any other vegetable and is low in calories, high in fibre, and has zero fat. Keep it to raw or steamed form to preserve as much of the goodness as possible.

Eggs contain one of the highest levels of B-vitamins in any food, responsible for converting food into energy, making them an imperative part of an energetic person’s diet. They’re also one of the best sources of protein which, as well as filling you up, is essential for increasing muscle growth and repair. They’re delicious scrambled with some healthy toppings – no cream or butter, of course. ■

SPIRULINA Although spirulina has been around since the Aztecs and is touted as a wonder food, you may not have heard of it. It’s a dark green algae that grows naturally on the surface of lakes and is energising, immune-boosting and full of anti-inflammatories. It’s also one of the best sources of protein on the planet, being made up of between 60% and 70% protein.

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For a range of healthy meals, visit pod.co.uk

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PHOTOGRAPH by Larry Washburn/Getty Images

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POWER

IN ASSOCIATION WITH

IN OUR ANNUAL POWER LIST, WE MEASURE UP THE CITY’S MOST INFLUENTIAL PEOPLE. WE’VE SAID GOODBYE TO SEVERAL OLD FACES – BUT WELCOMED PLENTY OF NEW BLOOD, TOO

squaremile POWER SPECIAL

PROFILES BY DAVID PROSSER

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squaremile.com


100

CLARE WOODMAN

COO, Morgan Stanley International New entry

99

LADY BARBARA JUDGE

Chair, Pension Protection Fund Last year: 99

98

KIT MALTHOUSE

Deputy Mayor for Business & Enterprise Last year: 98

97

LORD DAVIES

Director and Advisor Last year: 95

96

IAIN ANDERSON

Director, Cicero Consulting Last year: 91

95

JOHN ARMITAGE

Co-founder & CIO, Egerton Capital New entry

THE METHOD

PHOTOGRAPH by Telegraph Media Group Limited / Rex Features

In order to make it on to the square mile Power 100 list, you must work and reside primarily within the UK. Beyond that, there are a few restrictions – but there’s a clear bias towards those in the financial services industries. We polled squaremile.com readers before our internal judging panel made the final call. We were sad to lose some genuine City legends this year – not least planning chief Peter Wynne Rees, who was so key to the way the City looks today. But there’s plenty of fresh new blood. Did we miss anyone? Have your say on squaremile.com

94

MARK FLORMAN

93

SIMON COLLINS

92

MARTIN WOLF

90

CEO, BVCA Last year: 88

UK Chairman and Senior Partner, KPMG Last year: 86

Associate Editor & Chief Economics Commentator, Financial Times Last year: 84

91

CEO, Man Group New entry

PAUL PESTER

CEO, TSB New entry

89

DAVID HARDING

Founder, Winton Capital Management Last year: 82

88

DAMON BUFFINI

Partner, Permira; Chairman, Social Business Trust Last year: 65

87

KATHERINE GARRETT-COX CBE

CEO, Alliance Trust New entry

86

DANNY ALEXANDER

Chief Secretary to the Treasury Last year: 79

85

ANN CAIRNS

President of International Markets, MasterCard Worldwide Last year: 75

84

STEVEN HEINZ

Co-founder, Lansdowne Partners Last year: 77

83

CEO, TSB

Triathlon fanatic Paul Pester is showing his stamina at work. It’s been three years since Lloyds Banking Group boss António Horta-Osório gave him the job of running what was then Project Verde, the spin-off of more than 600 bank branches from the group under EU state aid rules. That project progressed to the launch of TSB last September, and Pester now finds himself running the largest of the so-called challenger banks. He is a physics graduate who knows a bit about the perfect formula for consumer banking, having worked for Sir Richard Branson on the launch of Virgin Money and served a stint at Santander integrating its Abbey, Alliance & Leicester and Bradford & Bingley acquisitions. The next challenge facing him is a £1.5bn flotation for TSB later this year.

EMMANUEL ROMAN

90

PAUL PESTER

FRANCES MURPHY

Head of Corporate Practice, Slaughter & May Last year: 76

82

ANDREW TYRIE MP

Chairman, Treasury Select Committee Last year: 22

81

STEPHEN HESTER CEO, RSA Insurance

Group New entry

80

VINCE CABLE

Secretary of State for Business, Innovation & Skills Last year: 61

79

JAMES LUPTON

Chairman, Greenhill Europe New entry

78

ALEX WILMOTSITWELL

77

DAME ALISON CARNWATH DBE

76

JAMES ROWSELL

75

JOHN CRIDLAND

74

JAYNE-ANNE GADHIA

73

SIR GEORGE IACOBESCU CBE

CEO, Cantor Fitzgerald Europe New entry

Director General, CBI New entry

CEO, Virgin Money Last year: 67

Chairman and CEO, Canary Wharf Group New entry

72

PAUL MARSHALL

Co-founder, Chairman & CIO, Marshall Wace New entry

71

JOANNA SHIELDS

Chair of TechCity, Non-executive Director of the London Stock Exchange New entry

70

CHRIS EVANS

69

ROBERT CHOTE

Editor, Daily Telegraph New entry

Chairman of the Office for Budget Responsibility Last year: 49 ➤ ICON KEY NEW ENTRY SAME AS 2013 UP FROM 2013 DOWN FROM 2013

President of Europe, Bank of America Merrill Lynch Last year: 72

Non-executive Chairman, Land Securities; Nonexecutive Director, Zurich Insurance Group New entry

Pester is a physics grad who knows a bit about the formula for consumer banking, having worked for Sir Richard Branson 071


POWER

68

60

PETER SANDS

CEO, Standard Chartered Last year: 34

67

Permanent Secretary to the Treasury Last year: 54

CHRIS HOHN

Founder, The Children’s Investment Fund New entry

66 65

KATHLEEN BACON

64

ANDREW BAILEY

Managing Director, HarbourVest Last year: 59

CEO, PRA & Deputy Governor of Bank of England New entry

63

MICHAEL PLATT

62

ROBERT ELLIOTT

TIDJANE THIAM GROUP CEO, PRUDENTIAL

51

As a respected FTSE 100 chief executive, the Pru’s Ivory Coast-born chief Tidjane Thiam has been instrumental in pushing the insurer out into Asian emerging markets – spurring the share price on by around 250% since he joined in 2009. And Thiam has been rewarded for his troubles: last year, he scooped £8.7m in pay and perks. It seems there’s no stopping this CEO – he’s got his eye on Saudi Arabia and Africa expansion next…

Founder, Bluecrest Last year: 56

Senior Partner, Linklaters Last year: 50

61

SIR ALAN PARKER

Chairman, Brunswick Last year: 55

59

MARTIN SORRELL

58

ANTHONY HABGOOD

CEO, WPP Last year: 35

GERALD RONSON

CEO, Heron International Last year: 46

SIR NICHOLAS MACPHERSON

She’s joked that she’ll be an unusual holder of the post as she wears tights most days, not just ceremonial occasions

SIR JON CUNLIFFE

Deputy Governor of the Bank of England, Financial Stability New entry

56

MARK KLEINMAN

City Editor, Sky News New entry

55

FIONA WOOLF CBE

54

JOHN MICKLETHWAIT

Lord Mayor of London New entry

Editor-in-Chief, The Economist Last year: 66

52

MICHAEL HINTZE

President of the CBI, Chairman of BT Group, Deputy Chairman of Barclays PLC New entry

51

TIDJANE THIAM

Group CEO, Prudential Last year: 27

50

BILL SMITH

CEO, Lazard Asset Management UK New entry

49

LIONEL BARBER

48

ROLAND RUDD

Editor, Financial Times Last year: 40

Co-Founder and Senior Partner, RLM Finsbury Last year: 52

47

LORD TIM CLEMENTJONES

Office Managing Partner (London), DLA Piper International Last year: 51

FIONA WOOLF LORD MAYOR OF LONDON

Woolf is the 686th Lord Mayor of London, but 684 out of 685 of her predecessors were men (Dame Mary Donaldson, who served in 1983, is the exception) – she’s joked that she’ll be an unusual holder of the post in that she wears tights most days, rather than simply on ceremonial occasions. And while Woolf, who has been a partner in City law firm CMS for 30 years, specialising in energy and infrastructure, should not be defined by her gender, she has promised to make campaigning for greater diversity in the Square Mile one of her priorities during her mayoral term. The Lord Mayor of London takes office during the famous ‘Silent Ceremony’ – but don’t expect Woolf to keep quiet.

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squaremile.com

PHOTOGRAPHS by Matthew Lloyd/Bloomberg/Getty Images; Peter Macdiarmid/Getty Images; (Woodford) Darren Jack/REX

55

SIR MICHAEL RAKE

Founder, CQS Last year: 48

Chairman, Court of the Bank of England (incoming) New entry

57

53


46

HELENA MORRISSEY

CEO, Newton Investment Management Last year: 44

45

ANTHONY BROWNE

44

RUPERT HARRISON

43

MARTIN GILBERT

42

DR NEMAT SHAFIK

CEO, British Bankers’ Association Last year: 19

Chief of Staff to Chancellor of the Exchequer Last year: 93

CEO, Aberdeen Asset Management Last year: 63

Deputy Governor, (incoming) Markets & Banking, Bank of England New entry

41

ROBERT PESTON

BBC Economics Editor Last year: 53

40

ARPAD BUSSON

Chairman, Gottex Fund Management Holdings Ltd (Incoming) New entry

39

NIGEL BOARDMAN

38

CRAIG DONALDSON

Partner, Slaughter and May Last year: 39

CEO, Metro Bank New entry

37

LORD ROTHSCHILD

Founder and Chairman, RIT Capital Partners Last year: 38

36

ED BALLS

35

LIZ BINGHAM

Shadow Chancellor Last year: 45

Managing Partner, Ernst & Young Last year: 36

squaremile.com

34

BEN BROADBENT

33

IAN WACE

32

ANDREA ORCEL

Deputy Governor, Bank of England, Monetary Policy (incoming) New entry

Co-founder & CEO, Marshall Wace Last year: 28

Co-CEO, Investment Banking, UBS Last year: 60

31

ALEX SNOW

CEO, Lansdowne Partners New entry

30

PETER MARTYR

Global CEO, Norton Rose Fulbright Last year: 41

29

PIERRE LAGRANGE

28

CRISPIN ODEY

25 NEIL WOODFORD

CEO & FOUNDER (INCOMING), WOODFORD INVESTMENT MANAGEMENT

Fidelity manager Anthony Bolton is often described as Britain’s Warren Buffett – but the long-term track record of Neil Woodford has been more impressive. When he announced last year that he was quitting Invesco Perpetual to launch his own firm, thousands of retail investors panicked – Woodford’s consistently outstanding performance had seen them pour £33bn into the funds he ran – and shares in the firm’s US parent fell 5%. Certain City folk, however, breathed sighs of relief because those funds gave Woodford huge power in the boardrooms where he invested, and he is thought to have played a leading role in the ‘Shareholder Spring’ of 2013 when a series of company executives were ousted by investor rebellions. His new venture, Woodford Investment Management, is still seeking regulatory approval, but the organisation is already picking up valuable mandates, including £3.5bn from wealth manager St James’s Place.

Co-founder, GLG Last year: 30

Founder, Odey Asset Management Last year: 33

27

TRACEY MCDERMOTT

Head of Enforcement, Financial Conduct Authority Last year: 29

26

JAMES BARDRICK

Country Officer, Citigroup New entry

(Incoming), Woodford Investment Management New entry

25

24

NEIL WOODFORD CEO & Founder

DAVID MORLEY Worldwide Senior

Neil Woodford’s new venture is still seeking regulatory approval, but it is already picking up valuable mandates

Partner, Allen & Overy Last year: 31

23

COLIN GRASSIE

22

BORIS JOHNSON

Chief Executive Officer of the UK, Deutsche Bank Last year: 24

Mayor of

London Last year: 17

21

IAN POWELL

Chairman and Senior Partner, PwC Last year: 18

ICON KEY NEW ENTRY SAME AS 2013 UP FROM 2013 DOWN FROM 2013

20

MARTIN WHEATLEY

CEO, Financial Conduct Authority Last year: 6

19

MATTHEW LAYTON

Managing Partner, Clifford Chance New entry ➤

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POWER

Hogg clearly doesn’t regard money as her primary motivation – she’s paid £260,000, chicken feed compared to the £2.5m she earned at Santander

18

DAVID SPROUL

14

RICHARD GNODDE

UK CEO and Senior Partner, Deloitte Last year: 20

Co-CEO, Goldman Sachs International Last year: 25

17

13

SIR JEREMY HEYWOOD

12

XAVIER ROLET

ROSS MCEWAN

CEO, RBS New entry

16

MICHAEL SPENCER

Group CEO, Icap Last year: 16

15

INGA BEALE

CEO, Lloyd’s of London New entry

NEW ENTRY SAME AS 2013 UP FROM 2013 DOWN FROM 2013

Cabinet Secretary Last year: 15

CEO, London Stock Exchange Last year: 13

11

MARK BOLEAT

Chairman, Policy and Resources Committee, City of London Corporation Last year: 14

10

ANA BOTIN

CEO, Santander UK Last year: 11

9

ANTÓNIO HORTAOSÓRIO

8

DAVID CAMERON

7

ANTONY JENKINS

6

DANIEL PINTO

Group CEO, Lloyds Banking Group Last year: 10

Prime Minister Last year: 4

Group CEO, Barclays Last year: 8

Co-CEO of CIB, CEO of EMEA and Member of Operating Committee, JPMorgan Chase & Co. Last year: 12

5

CHARLOTTE HOGG

4

STUART GULLIVER

3

MICHAEL SHERWOOD

2

GEORGE OSBORNE

CHARLOTTE HOGG COO, BANK OF ENGLAND

One of Mark Carney’s smartest moves since taking the Governor’s job at the Bank has been hiring Charlotte Hogg – the pair began their new roles on the same day last July. Hogg’s name is a familiar one in public life. She comes from one of Britain’s most political families, with both her parents now holding peerages, but she preferred finance – she started her career at the Bank before roles at McKinsey, Morgan Stanley, Experian and Santander, where she ran the bank’s High Street operations. Now back where she began, Hogg clearly doesn’t regard money as her primary motivation – she’s paid £260,000, which is chicken feed when compared to the £2.5m she earned in her final year at Santander. Just don’t ask her about expenses, though – her father, Viscount Hailsham, is better known as Douglas Hogg, the MP who was widely vilified for claiming the cost of cleaning his moat.

Chief Operating Officer, Bank of England New entry

Group CEO, HSBC Last year: 5

Co-CEO, Goldman Sachs International Last year: 3

Chancellor of the Exchequer Last year: 2

1

MARK CARNEY

Governor of the Bank of England Last year: 1 ➤

INGA BEALE CEO, LLOYD’S OF LONDON

Don’t mess with Inga Beale, the first woman boss of the world’s oldest insurance market. Now 50, Beale played rugby for Wasps into her thirties, almost earning a place in the England side, and has a reputation for taking no stick. When working as a junior insurance underwriter in the 1980s, her protests at male colleagues’ habit of posting pictures of scantily-clad women on the office walls saw them move the offending items to her desk. But Beale stuck with the fusty and sexist insurance sector – Lloyd’s didn’t even allow women into its underwriting room until 1972 and banned them from wearing trousers in it until the 1980s – and has held a string of top jobs at firms including General Electric and Canopius. Now she has been charged with dragging 325-year-old Lloyd’s into the 21st century as it faces growing international competition, particularly from emerging markets.

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PHOTOGRAPH (Beale) by Chris Ratcliffe/Bloomberg/Getty Images

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POWER

1

HOW HAS MARK CARNEY COPED WITH HIS FIRST YEAR AS GOVERNOR OF THE BANK OF ENGLAND? WE ASK DAVID PROSSER TO RUN HIS RULE OVER THE CANADIAN’S PERFORMANCE

N

APOLEON SAID HE would rather have

lucky generals than good ones. In Mark Carney, the Bank of England has found a Governor of whom the French emperor would have been proud. Carney arrived at the Bank last July as the economic recovery took hold, and the pick-up has proved stronger than expected. Fortune has also favoured the new Governor elsewhere: threats to financial stability have eased and there has been less to worry the Bank from a regulatory perspective. Carney’s allies will argue that leaders make their own luck – and he has the authority to do so. A year after square mile put the Governor of the Bank of England at the top of its Power 100 ranking, Carney has retained the number one position in 2014. But what does the new boy’s report card say about his performance in his first year at Threadneedle Street?

PHOTOGRAPH by Chris Ratcliffe/Bloomberg/Getty Images

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MATHS Carney can’t claim all the credit, but the recovery has strengthened markedly on his watch. Growth could reach 3% this year, compared to the anaemic 1.8% in 2013, while unemployment is down close to 7%. The British Chambers of Commerce reckons the UK will hit its pre-recession peak this summer – much earlier than previously expected – and inflation, at 1.9%, is under control. Opinions are split on the importance of Carney’s much-vaunted ‘forward guidance’ policy in securing the recovery. But in offering clarity on when he would countenance raising interest rates, the Bank has a new weapon in its battle to restore growth. And the fact that the policy has already been revised once, with new conditions added to the original pledge of ‘not before unemployment hits 7%’, underlines the Governor’s commitment to aggressive support for the economy. There are black marks, however. Youth joblessness remains high, the recovery has been driven by consumer spending and the economy remains unbalanced: fears remain of a credit bubble – especially in London’s housing market. Still, Carney is addressing these issues, not least by pulling mortgages out of the Bank’s Funding for Lending scheme. Verdict: (B) Good work, must build on it.

SCIENCE Carney has a sound formula for financial regulation, eschewing populist anti-bank rhetoric in recognition of London’s status as a financial centre while maintaining the Bank’s efforts to deliver stability. For example, he has supported the Government in opposing a European Commission cap on bankers’ bonuses while instructing the Bank’s Prudential Regulation Authority to strengthen rules enabling the clawback of bonuses paid at banks that fail. Similarly, while he has continued the Bank’s work on macro-prudential strategy, warned of the dangers of shadow banking and highlighted British institutions’ exposure to China, the Governor has also eased the rules for banks seeking liquidity support from the Bank of England, and has made it clear that London is open for business. One might expect this softer tone from a former Goldman Sachs executive, but the Governor has given no hint of a return to light-touch regulation. Verdict: (A-) Making excellent progress.

ENGLISH Carney is translating the policies he adopted as Governor of the Bank of Canada to his role at the Bank of England. The forward

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guidance policy, which links interest rate policy to 18 separate indicators, is almost identical to his approach in Canada. He’s revamping the Bank’s forecasting work, just as he did back home, and sharpening the Bank’s communications – again, something he had made a priority in Canada. Carney is also treading a familiar tightrope on the issue of transparency. Publicly committed to greater openness, he has, however, ruled out publishing transcripts of the Monetary Policy Committee’s meetings, just as he refused to make the minutes of Bank of Canada meetings public. Still, not everything translates. As he is just one member of the MPC, he does not have the power he enjoyed back home. Public scrutiny – and potential press hostility – is greater in the

The Governor has brought a whiff of glamour to the staid old lady of Threadneedle Street. Better dressed and better looking than any of his predecessors, Carney is an articulate public performer UK. And the stakes are higher, too – especially given the systemic risk posed by London’s banks. So far, however, he is adapting well. Verdict: (A) Has settled in happily.

LANGUAGES The Governor has forged strong relationships with his international colleagues. He and European Central Bank President Mario Draghi are thick as thieves, sharing a determination to keep monetary policy loose for as long as possible, and he is also close to Janet Yellen, the new Federal Reserve chairman, who has adopted the Canadian’s ideas on forward guidance. Not that the entente with Europe is entirely cordiale. Carney has clashed with European Commissioner Michel Barnier on the bonus

cap, and his commitment to the City is an annoyance to those who are determined to rein in London’s influence. Still, Carney is handling such arguments with sensitivity – even though Scottish Nationalist Party members didn’t much care for his suggestion that an independent Scotland would face currency problems. Verdict: (B+) What a charming chap.

HISTORY The Bank’s critics hoped that Carney would prove the right man to drag the 320-yearold institution into the 21st century, and the early signs are encouraging. Forward guidance represents an unprecedented level of transparency in monetary policy, and the Governor has been accessible. In addition, he ensured that British banknotes would continue to feature women, with Jane Austen unveiled as the face of the tenner. Symbolism is one thing, but the Bank has also made an eye-catching senior female appointment, with Nemat Shafik soon to join as a third Deputy Governor – and arguably getting the most powerful of the three briefs. Modernisation is on the cards elsewhere, too. When Carney defended the Bank after it was dragged into the scandal over alleged rigging of the foreign exchange market, Andrew Tyrie, the Treasury Select Committee chairman, describe its governance as “opaque, complex and byzantine” – but the Governor has now unveiled a strategic review. The details are not yet clear, but governance is, at least, on the agenda. Verdict: (B-) Effort impressive, but results are now needed.

OVERALL Carney has hit the ground running with innovations that have put the Bank of England on the front foot. He has been helped by the fair wind of economic recovery, but has also proved to be adaptable when events haven’t turned out as expected – witness the change of heart on forward guidance. The Governor has brought a whiff of glamour to the staid old lady of Threadneedle Street. Better dressed and better looking than any of his predecessors have been, he is an articulate public performer, and one who has kept his critics quiet so far. Plenty of work remains, however, and the sharp suits and native wit alone won’t get him through. The challenges facing him include reform of the Bank, further work on regulation and, above all, the normalisation of monetary policy. When will he raise interest rates – and will the economy cope? ■

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POWER

WHEN HEADHUNTER WILL NORTH AND CHARTERED SURVEYOR DAN HOWIE VOLUNTEERED TO ROW 3,000 MILES ACROSS THE ATLANTIC, A CHALLENGE TOUGHER THAN ANY CITY WORKLOAD WAS SET. THEY TELL MIKE GIBSON TALES OF A TESTED FRIENDSHIP AND TERRIFYING CAPSIZES

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POWER

T

O ME, THERE’S nothing scarier than the

thought of being in the middle of the open ocean, totally exposed to the elements and being battered by relentless, towering waves. But when Will North recounts memories of 40ft swells, he does so with a placid smile. Not surprising, really – having traversed the Atlantic Ocean in a rowing boat, it’s fair to say he’s probably a braver man than me. “It was amazing to see the size of some of the waves,” North tells me when I sit down with him and his team-mate Dan Howie a couple of months after they made it back onto dry land. “There was one – the second one that capsized us – that was ridiculous. It was just enormous, a sheer wall of water.” The two are by no means professional rowers: North is a headhunter at City firm Sheffield Haworth, Howie is a chartered surveyor at Edgerley Simpson Howe, and both had spent long enough in the daily grind to want to shake things up. More by luck than judgment, the perfect opportunity came in the form of the Talisker Whisky Atlantic Challenge, a 3,000-mile race starting in the Canary Islands and finishing in Antigua. “I ended up working for James Cracknell’s events agency Threshold Sports when I was

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The second wave that capsized us was ridiculous. It was just a sheer wall of water between jobs in early 2009,” Howie tells me. “He came into the office one day. He’d just come back from the South Pole with Ben Fogle, [he was] limping in, and there were pictures of him rowing the Atlantic. I thought, ‘I definitely want to do something like that.’” Having missed the cut-off for entering the 2011 Challenge, he enlisted good friend North soon after to work towards the 2013 Challenge. Participants have to raise £80,000 just to get a place on the starting line. The pair ended up being given Cracknell’s boat and used it to enlist sponsors. One was Howie’s employer, whom he had to convince to allow him three months off for the race. “I remember going down to the meeting room thinking, ‘Oh God, P45 time,’” Howie recalls. “But they ended up saying, ‘Dan, we’ve seen all the effort you and Will have put in, and we want to be one of your main sponsors,’ and gave me an envelope. I opened it and there was £10,000 in there.” Of course, an challenge like this takes dedication in all aspects. The pair sacrificed any semblance of a personal life for two years, fitting in their training and raising the money around work hours, while weekends became completely devoted to rowing practice. But they were under no illusions about the task that lay ahead. “We just immersed ourselves into it,” North says, “and we talked to other crews, so we knew what they went through, and the problems that they had. That really helped.” As well as gruelling physical preparation, Howie and North kept in the forefront of their minds the kind of competitive outlook that would see them have a real go not only at completing the crossing but also winning the race. “Whatever happened, we always said we wanted to win it,” says North. “But we had to prioritise, in the sense that the end goal had to be getting across, because if you don’t get across, nothing else matters – you’ve failed. So we had to say: ‘Right, number one is get across; number two is be competitive, and go as fast as possible; number three is have fun,’ and number three really suffered.” The two are firm friends, but they were tested on a personal level during a constantly stressful two months at sea, where sleep was

HOME AWAY FROM HOME: To help them push through the pain, Howie and North decorated the boat’s cabin with messages of support from friends, family, rowers and past racers. They even decked it out with stick-on decorations, tinsel and lights on Christmas Day.

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only achievable in two-hour stretches while the other man was rowing, and the body is under constant stress and strain. “You go through every single emotion possible,” North explains. “You go through tears; we’d have stomach aches from laughing; and you have arguments as well. We had real snappy little girl arguments, about pathetic things – things we’d never argue about normally. But out there, even the tiniest little thing really winds you up.” The friendship survived, and the working relationship blossomed after overcoming frustration, and at times slow progress, in the first half of the race. The two came through huge storms, capsizes, exhaustion, sleep deprivation and cabin fever to finish in 53 days, nine hours and 30 minutes, winning the pairs class in the process and raising over £120,000 for three carefully chosen charities. Having each had family members affected by cancer, their first charity was an arm of Cancer Research called The Catalyst Club, which provided treatment for North’s father. The second was Leukaemia & Lymphoma Research, continuing the legacy of a friend who tragically died on a 500-mile cycling race while raising money for the charity. The third

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was a Ghanaian orphanage called St Anna’s, set up by a friend in 2004 with the aim of building an adjoining school and becoming self-sustaining. Three distinctive and equally worthy causes, and their hard work hasn’t ended – they are still raising funds for all three, months after crossing the finishing line. “We’ve raised £120,000, and when we sell the boat we should be up to £150,000,” Howie says. “Our target was £200,000, so maybe one of your readers might read this and think, ‘I’ll give them the £50,000.’ That would be nice!” North and Howie are now facing the very different challenge of settling back into the world of work. Having braved one of the toughest races in the world, I have to ask how the experience has affected them. “It’s the fact that we did it the hard way,” Howie says. “We raised every single penny to do it, and that’s quite satisfying when you look back at it. We went for it, and we did it.” “For me, it was very much about the challenge – to get across,” says North, with a smile. “And, of course, now I can tell the grandkids: ‘Grandpa rowed the Atlantic.’” ■ To contribute, go to uk.virginmoneygiving.com/ team/atlanticrow2013. For more information, go to taliskerwhiskyatlanticchallenge.com.

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POWER

Down to Business AS THE CONFEDERATION OF BRITISH INDUSTRY MOVES TO ITS NEW CANNON PLACE HQ IN THE SQUARE MILE, DIRECTORGENERAL JOHN CRIDLAND TELLS CATHY ADAMS WHY HE BELIEVES THE CITY WILL COME BACK INTO FAVOUR

F

OR THE FIRST time in its 49-year history,

the UK’s top business lobby is based in the heart of the City, and director-general John Cridland couldn’t be happier about it. The Confederation of British Industry’s (CBI) new home is the striking Cannon Place, one of the newest low-rise developments in the Square Mile. The glass and steel box that encases Cannon Street station is owned by property investor Hines, which also owns buildings off Cheapside and in Canary Wharf. Most of the building is still unlet, so the CBI is one of the first outfits in the new building – marking a new era in the group’s history. I meet director-general John Cridland just a few weeks prior to the big move, in the CBI’s old offices on a low level of Tottenham Court Road’s Centrepoint – the 1960s brutalist glass and concrete totem that is now lagging behind as the capital’s joint 35th highest building. “It’s like the excitement of a new house,” Cridland says of the move to Cannon Place.

If we’re all having a good year, we’re back to those in the City getting fair reward through bonuses 082

“It’s a new building, and the move gives us chance to have a different sort of business model from the one we have today.” The reason the lobby group upped sticks to – arguably – the hub of UK wealth creation was primarily a commercial decision (“the City is great value at the moment,” says Cridland), though there’s no denying it’ll be easier for the director-general to meet the businessmen and women he has spent so much time commuting from Tottenham Court Road to see. The CBI represents thousands of companies across the business spectrum – all the way from blue chips to start-ups – and promotes UK business interests both nationally and internationally. While the remit is wide, it’s the City that keeps Cridland busy, given that the latest quarterly CBI Financial Services survey showed a definite uptick in confidence in the financial services industry. Let’s face it, the City needs somebody to stick up for it. “I’m pretty confident that it’s going to be a good year for the City,” he adds. “You get the sense that it’s taking on more staff, M&A activity is picking up, private equity is seeing more opportunities and banks – while it’s still tough for them – have recovery plans and new leadership. I see great optimism.” This is mirrored in his view on the general economy, of which the rebound in business fortunes has been key. “I’m upbeat about the economy as a whole this year,” he says. “I don’t think that growth is going to be spectacular, but after the problems

we’ve had over the past five years I’ll certainly settle for steady and sustainable…” Steady and sustainable is the way we’re heading, according to the most recent GDP figures from the Office for National Statistics, which showed that the economy expanded by 0.8% in the first quarter of this year. Over the last quarter of 2013, figures show business investment rose 2.4% – a figure that will please Cridland, who is trying to galvanise business investment this year: “That remains the best way to get a sustainable recovery.” Cridland continues: “For a long period, the investment community in the City hadn’t seen returns because confidence was weak and demand was low, so companies sat on their cash piles. This is shifting a bit now as confidence picks up. It’s going to be a good year for bank investment.” But it’s not just the big banks that are going to benefit from this increase in confidence. A key part of the CBI’s agenda this year is talking to the big City insurers about the industry’s spending on UK infrastructure. Another crucial objective of the CBI’s is to promote the affiliation between small and large businesses. Of the 200,000-plus companies that are represented by the CBI, 98% of them are small businesses – but their diminutive size doesn’t mean that they’re not essential arteries of the Square Mile. “They live off each other,” Cridland says. “Lots of small companies thrive because they service the large corporates. They’re in their supply chain. ➤

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PHOTOGRAPH by Stewart Bywater

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Mid-sized businesses aren’t as sexy as small companies or as butch as the big companies ➤ “In all of my 30 years at the CBI, I haven’t found that small and large companies want to be in separate families. They’re key partners. Since the crash in 2008, large companies have learned the lesson of how much they depend on smaller companies in their supply chain – they know they need to nurture them, and they need to look after them.” This is what Cridland likes to term the rather jargon-y ‘corporate venturing’, but it’s this interdependency that the Square Mile can thank for dragging itself back to growth. “There’s more commitment from the larger companies to work with their key partners in their supply chains than there was before the crash,” Cridland adds. “As they’re among the consumers of financial services, small businesses say they need the City to be delivering for the rest of the economy. They don’t want to beat up the City on reputation. They just want the City to get on with its job, which is providing essential financial services and credit for the mainstream economy. That’s the only way for the City to restore its reputation – it needs to get on with its core job, which is oiling the wheels of the economy.” And when tasked with “oiling the wheels of the economy”, the City should therefore be well remunerated, right? Cridland agrees. “In

JOHN CRIDLAND CBE CURRICULUM VITAE

084

the same: “To explain to our society why the wealth creation process is so important and why it provides the taxes that can be spent on things that citizens want to see, like better infrastructure, a better health service and better education,” argues Cridland. The CBI chief adds: “We need to make sure that people recognise need for pro-enterprise policies, and how these can liberate businesses. That’s no different [an agenda] to 30 years ago.” But while the lobby group’s mission may not have changed all that radically, the business environment it promotes is unrecognisable from three decades ago. “Business is exciting, it’s vibrant and it’s entrepreneurial. It’s a place people want to work in,” says Cridland. “Thirty years ago, people were not as pro-private sector. We’ve re-ignited entrepreneurship, and the business community is different now. It’s much less hierarchical and much less stuffy. The City is far less formal than it used to be – when I started at the CBI, there were still people wearing bowler hats and there were smoking carriages on the Tube…” If Cridland’s view is anything to go by, the City is back in business, and entrepreneurship is alive and well in the Square Mile. ■ For more information, see cbi.org.uk

squaremile.com

PHOTOGRAPH by Jason Alden/Bloomberg via Getty Images

+ Education: Boston Grammar School; History, Christ’s College, Cambridge + Joined CBI as a policy adviser in 1982 + Made deputy director-general in 2000 + Director-general since 2011 + Served as vice chair of the National Learning & Skills Council from 20072010 + Awarded CBE for services to business in 2006 + Awarded honourary doctorate from the University of Lincoln in 2011 and the University of Bedfordshire in 2013

the good years, people weren’t as concerned with rewards in the City. But in the difficult years, everybody needs to share the pain. If we’re all having a good year, then we’re back to people in the City getting fair reward through bonuses, or other incentive payments for the contribution they make.” But there is one section of the business world that Cridland considers to be forgotten by the City – the mid-cap market. “We often focus on large and small companies, but we miss an absolutely vital part of the economy: medium-sized companies are the growth engine of the British economy,” he says. “They’re the forgotten army – they’re the real Cinderella of the economy. Nobody takes any notice of them because they’re not as sexy as small companies and not as butch as big companies – they’re forgotten in the middle. They’re particularly forgotten by the City, because they’re not well-known brands, but they can be fantastic growth companies. I’d ask the City to spend more time in investing in the mid-market.” Despite many and varied changes in the City over the past three decades – from the architectural landscape to the encroaching regulation and a worsening reputation for the Square Mile – the CBI’s core mission remains


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EVERYDAY INSPIRATION Maxwell Hazan is an Amercian artist – and his latest medium is motorcycles. His one-off creations are a combination of bespoke engineering and steel sculpture. This Harley Davidson Ironhead took almost eight months to complete. Hazan has become renowned for using everyday objects in his creations – including adapting an ice-cream scoop as a tail light.

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This latest model has several elements that make it unique, including its innovative front suspension with horizontal shocks. “With every bike, I try to make a suspension set-up that I’ve never seen before,” Hazan says. Indeed, his motorbikes are all about pushing the boundaries – and so it’s fitting that his first ever customer was Austrian daredevil Felix Baumgartner. ■ For info: mbandf.com

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Abarth has turned the Fiat 500 into a roaring racing car. The 695 Biposto is the brand’s fastest, most extreme model yet

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ABARTH 695 BIPOSTO Imagine a barely streetlegal racer that’s only slightly larger than a Smart car: the perfect blend of speed and cosmopolitan convenience. Enter the 695 Biposto from Abarth.

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The 695 is the fastest Fiat 500 ever built. With a power-to-weight ratio of 2:5, it’s easily the best in its class. The 190bhp packed away under its bulging bonnet helps it crack 0-62mph in just 5.9 seconds, and reach a top speed of 143mph.

Biposto translates as ‘two seats’, and here less is definitely more. Alongside this fat trimming, there’s also a racing-inspired front intercooler, dual-stage exhaust (which can be completely opened up if you touch the ‘SPORT’

button on the dash), and an interior made almost entirely of lightweight carbon. In place of rear seats is a track-ready titanium roll cage. If the Fiat 500 is Clark Kent, then surely the 695 Biposto is Superman. ■ abarth695biposto.com

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The Abarth 695 Biposto features a range of weight-saving materials. The windows are made of fixed polycarbonate with a sliding panel; the door trims and handles are made from titanium; and the front grille has carbon-fibre inserts. All this helps it achieve a sub-tonne weight.

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TRAVEL CARIBBEAN SPECIAL

MY FAIR WEATHER FRIENDS MARK HEDLEY travels to the

Caribbean island of Antigua with his family and makes a few extended members – and memories of a home from home

I

T HASN’T RAINED this much since God was

a kid!” She had a point. After months of torrential downpours, my wife was at the end of her tether. It didn’t help that she had been stuck at home looking after our sixmonth old baby and had begun suffering from a cosmopolitan bout of cabin fever. It was time for some sun. But where do you go with a (very) little one in March? There’s no sun in Europe; the East is a drag because of the humidity and the time difference; and we didn’t really fancy north Africa. We wanted somewhere that had picturepostcard beaches; was only one flight away; and wouldn’t give us jet lag. Not much to ask. Fortunately, there is in fact one such place: Antigua. The journey to most Caribbean islands requires multiple stops, but both Virgin and British Airways fly direct to Antigua. With a tail wind, you can be there in seven-and-a-half hours. The time difference is only four hours –

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and it’s in the right direction, so you will simply feel like you’ve had a long day, rather than being robbed of sleep. And, crucially, there are acres of stunning beaches lapped by warm, tropical waters. There’s no humidity; it doesn’t get too hot as there’s always a sea-cooled breeze; and they even drive on the left. Sold. ‘Relax’, the sign at VC Bird International Airport tells us. It’s not something you often manage as a new parent. But in Antigua, this is less of an instruction and more a way of life. This laid-back attitude is exactly what you need to unwind when you land – it washes over you with some kind of mystical power, making you a better person in the process. There was even a local musician at Arrivals playing Lionel Richie tunes on an old Korg synth. He had me at Hello. (Sorry.) It may only be a few hours’ journey away, but Antigua is a world apart. On the 40-minute drive to our first destination, Curtain Bluff, we passed acres of Bougainvillea bushes with hues so vibrant they could have had their colours tweaked in Photoshop. We saw villages with a wider range of pastel shades than any Notting Hill street could hope to match. Meanwhile, all the drivers greet one another with a friendly toot of their horn: on an island with a population of less than 80,000, everyone knows everyone. It all adds to the welcoming feel – one that is also nurtured at the island’s top resorts.

CURTAIN BLUFF Curtain Bluff has been part of the Antiguan landscape since 1957. What was once a bare goat pasture has been converted over time and a lot of hard work into one of the world’s top hotels. Family-owned since its inception, the resort comes across more like a home than a hotel at times. Chelle, the charismatic owner, often welcomes guests in person. A maternal figure, she lives in – and for – the hotel, and there’s something very reassuring about having the proprietor so ever present. And she’s not the only one. There’s an army of staff – I’m informed that the ratio is two to every one guest – and many of them have worked here for decades. The chap that drove us from the airport, for example, has been here for more than 40 years. The only thing that surpasses the staff loyalty seems to be customer retention. Guests meet and chat like they’ve known each other for years – mainly because they have. The hotel has a 70% guest return ratio – and that’s increasing by the year. What is it that keeps them coming back? Well, one look at either of the resort’s two beaches, and you’ll begin to understand at ➤

CALL YOUR BLUFF: At Curtain Bluff you can choose between the rugged Atlantic coast or head across to the other side of the resort to enjoy the calm, lake-like serenity of the Caribbean

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DESERT ISLAND DELIGHTS: The five-bedroom Villa Nonsuch sits 150ft above the bay; (below) the spa at Curtain Bluff has a hot tub that overlooks the Caribbean side of the resort

passable, you can splash out on the fine wine list, if you like. The hotel has one of the biggest cellars in the Caribbean with around 25,000 bottles. Try one of the wine-tasting experiences in the cellar, if you don’t believe me. To work off the inevitable holiday weight gain, there are plenty of watersports to enjoy, including scuba diving expeditions to Cades reef. There’s also a fitness centre, squash court and four floodlit championship tennis courts, complete with three resident professionals on hand to sort out your serve. That all seemed a little too much like hard work to me, though. Far better, surely, to indulge in the resort’s spa and enjoy a droolinducingly relaxing back massage. Curtain Bluff is all about switching off – there are no TVs or iPod docks: instead is the soundtrack of the Atlantic ocean and chattering guests. I’ve never been to a hotel where the guests double up as salesmen for the resort – but the regulars are as effusive as they are friendly. And by the end of your stay, you’ll be the same. You arrive a stranger, but you leave a member of the family. OK, I’ve just been a bit sick in my mouth. But you get the idea.

NONSUCH BAY

PHOTOGRAPHS by (spa) Mark Hedley; (beach) James Callaghan

➤ least some of the appeal. On one side of the bluff – a rocky promontory – you have the Atlantic [pictured on the previous spread], all big waves, blustery wind and an expanse of golden sand. On the other side, there’s a whisper-silent cove, where the Caribbean is as still as a lake. There could be no better sea for a baby’s first experience of the big blue. (I think mine was Devon. It wasn’t the same.) The resort is all-inclusive, so you can help yourself, just like at home. But unlike at home, there are two bars with bartenders ready to serve you lethal local cocktails at pretty much any time of the day. There are two restaurants, which pin up daily evening menus in the morning so you can make a call in advance. At lunch, you’re presented with the most extensive buffet you will ever encounter. There is every type of food you could want – and each day has new specials. It feels wrong to have a roast in the midday sun, but once you’ve tasted meat this tender, you’ll learn to live with it. When Chelle’s husband opened the resort, he also launched his own import business. That company now provides the majority of the island with its meat – and only the top cuts make it to Curtain Bluff. The desserts are a real test of willpower, too – one that I, with alarming frequency, failed. One lunch, I had key lime pie, washed down with a chocolate chip cookie chaser, rounded

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Unlike at home, there are two bars equipped with local cocktails at any time of the day off by a lemon and blueberry cheesecake. I left Curtain Bluff a mite thicker set than I arrived. Dinner is full table service – and although the house champagne and wines are more than

It seemed wrong to travel to Antigua and only see one side of the island. So for the second half of our trip, we drove across the island to Nonsuch Bay. A sheltered cove on the east coast, Nonsuch is home to a secluded resort of serviced apartments. The idea of having our own pad on Antigua was very appealing – privacy is certainly no bad thing when you have a teething baby in tow. Our poolside apartment had two huge ensuite bedrooms: one for us, and one for the little one – it can be nice to have a bit of distance (for us, and the rest of the guests). The apartment is also fitted with a large kitchen and living space. This opened out onto our personal terrace, which in turn gave ➤

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ON THE WATER: Although Nonsuch Bay has three infinity pools for residents to enjoy, a fourth 50ft pool is reserved for guests of Villa Nonsuch – the resort’s most luxurious residence

➤ way to one of the resort’s three infinity pools. Drop the concierge a line before you leave the UK, and on arrival your doubledoored fridge-freezer can be stocked to the hilt with everything you need. And if you forget anything there’s a little store on site which sells essentials. The resort’s manager is British, so there’s even produce from Waitrose. If your family is larger than ours – or you want to bring a whole crew – then sitting at Nonsuch’s literal and figurative peaks are its Hilltop Villas. The five-bedroom Villa Nonsuch is my pick: sitting 150ft above the bay, it has panoramic views across Green Island, the Atlantic Ocean, the sheltered waters of Ayers Creek and the rolling tropical landscape of the interior. There’s also your own personal 50ft infinity swimming pool [pictured above], wraparound verandas, and landscaped gardens from which to enjoy the vistas. The resort’s hub is a clubhouse bar and restaurant perched on a bluff, overlooking the

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nationals are allowed to become citizens of Antigua & Barbuda thanks to its Citizenship by Investment Programme. So investing in a property here doesn’t just get you a new home, it gets you a new nationality, too. Unfortunately for us, we were only on the island for a few days, but we were certainly made to feel like we belonged – and it was enough to know we’ll one day return. ■

THE DETAILS CURTAIN BLUFF Rates for a double room start from US$790 (plus 22.5% taxes) per night based on two adults sharing on an all-inclusive basis. The allinclusive nightly rate includes meals, bar drinks, a wide variety of inclusive watersports such as scuba diving (PADI required), deep sea fishing, snorkelling trips and water skiing with tuition, use of the tennis and squash courts, and full use of the gym with classes. 0800 051 8956;

curtainbluff.com

NONSUCH BAY Rates for a 900 sq ft one-bedroom apartment start from US$257 per night. Price includes sailing plan and daytime childcare. 020 8090 4978; nonsuchbayresort.com

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PHOTOGRAPH by Alexis Andrews

As of last year, foreign nationals are allowed to become citizens of Antigua & Barbuda

bay. It’s all worn wooden planks, wicker chairs and lilac drapes. A small infinity pool looks out over the Caribbean, almost 40 feet below. The restaurant is presided over by Chef Mitchell Husbands. The 2011 Caribbean Chef of the Year offers an eclectic menu – from the best Thai mussels I’ve ever eaten to a mean barbecued jerk chicken. If you want to take a trip across the bay for a romantic dinner, babysitters can be arranged – and there’s a kids’ club for daytime care. Nonsuch is easily one of the island’s most exclusive enclaves: take a trip on one of the hotel’s catamarans, and you can be at Silvio Berlusconi’s Emerald Cove resort in a matter of minutes, for example. Watersports are a big part of the scene here. The resort has a fleet of 20 sailboats, including 24ft RS Elite keelboats and a trio of 15ft Hobie Cats. The 40Knots school also resides here, offering the likes of kiteboarding and windsurfing instruction, plus equipment rental. If you’re tempted to give it a go, this is the place to do it. The wind is constant and often strong – perfect for keeping cool, putting off the mozzies, and proving that just because you sailed once in a school regatta when you were 13 years old does not necessarily mean you are the next Ben Ainslie. It’s easy to get used to life here at Nonsuch Bay. A lot of people do – so much so that they buy a place here. As of last year, foreign


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TRAVEL CARIBBEAN SPECIAL

RUN FOR THE HILLS

The lush mountains and paradise beaches of St Lucia are made for blissful relaxation. Or, if you’re as mad as LUCY FRY , a triathlon

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WELCOME TO THE JUNGLE: The iconic Pitons of St Lucia, a pair of volcanic plugs, are a jaw-to-the-floor sight on this island of lavish greenery and straightout-of-a-travelbrochure beaches. Clearly, this is exactly the sort of environment in which you’ll feel inspired to sweat through a triathlon

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T’S NOT EVERY day you find yourself soaking wet, sporting some deeply impressive goggle grooves around your eyes, and powering up a series of Caribbean hills on a bike you borrowed from a local property magnate’s daughter the day before. But that’s the scene as I complete the first ever St Lucia triathlon. Thankfully, I’ve had a few luxurious days to acclimatise – swimming, sunbathing and eating at the nearby all-inclusive St James’s Club in Morgan Bay – but still, the humidity makes it harder than normal to breathe and the possibility of a torrential seasonal rain shower looms large in my mind. But when it comes to it, the weather holds out hotly for us, saving the rains for that afternoon. We dive into the sea around eight in the morning, with a refreshing breeze blowing off the coast, and rippling playfully across the paper numbers stuck onto our swimcaps. By 9am, it’s 30ºC and I’m on the bike; so hilly is the cycle ride, in fact, that the usual sprint and Olympic distances (20km and 40km) have been cut by about a third (to 13km and 26km), though secretly I suspect this may have something to do with the organisers’ fears around potential accidents. This might be the only asphalt road on the island, but there are still potholes, mini trenches and speed bumps, not to mention local drivers for whom the sight of a cyclist has, until now, been about as rare as the sight of snow. So I’m relieved when it’s time to step off the bike and start to run, though my legs feel leaden and I’m thirsty as hell. But it’s hard to feel dispirited with this view: surfers catch waves as I weave back from Pigeon Island along a beautiful avenue of palms, and local supporters strut their stuff while traditional music blares from every parked car. ➤ 099


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My legs feel leaden and I’m thirsty as hell, but it’s hard to feel dispirited with this view

WHERE TO STAY ST JAMES’S CLUB St James’s Club in Morgan Bay is an allinclusive family resort, just a 20-minute drive from Gros Islet and Pigeon Island.

morganbayresort.com

CAP MAISON Cap Maison, a luxury boutique hotel located at the island’s north-western tip, has been the site of many marriage proposals (hence a pulley system that sends champagne down to couples on the private seaside deck), and plenty of happy diners enjoy its fine food with a FrenchCaribbean twist. capmaison.com

THE BODY HOLIDAY The Body Holiday promises its guests: “Give us your body for a week and we’ll give you back your mind.” It offers fitness classes, treatments and delicious nutritious meals from dawn to dusk – but there’s plenty of scope for you to drink, party and lounge here, too.

thebodyholiday.com

HOTEL CHOCOLAT Hotel Chocolat is surrounded by forest above the south-western fishing village of Soufrière, and within the cocoa groves of St Lucia’s oldest plantation, Rabot Estate. It’s calm, indulgent and undeniably beautiful. Its menu is rich in dishes featuring chocolate manufactured on the premises, including steak with a red wine and chocolate sauce. hotelchocolat.com

JADE MOUNTAIN Jade Mountain offers luxury of the wackiest and most wonderful sort, with this south-western clifftop hideaway boasting living areas that, in lacking a fourth wall, open out onto a private view of the Pitons. Social animals (or those without an unlimited budget) might try the beachside sister hotel, Anse Chastanet, which is just down the hill. jademountain.com;

ansechastanet.com

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➤ I’m even grinning as I cross the finish line, not least because double GB Olympic gold medal winner Daley Thompson (the triathlon race ambassador) throws a medal around my neck. I’m not the first over the line by any means, nor is this even the toughest of tropical triathlons by a long way – the infamous ‘Kona’ Ironman in Hawaii should surely take that title, having taunted endurance junkies annually since the 1970s – but this is, nevertheless, undoubtedly a special moment for me. As my first triathlon comes to a close, the real holiday beckons. I start off with a deep tissue massage and lunch at The Body Holiday hotel, where holistic wellbeing is as much the order of the day as organic, locally sourced food. After returning to this week’s triathlon hub, beach resort The Landings, for the post-race party, I’m whisked off down south towards the colourful fishing village of Soufrière. Only a 90-minute drive from the relatively modernised north, I find myself standing amid the lush green of the forest, where it rains so much that the sun doesn’t even bother to compete (the locals call the bright, wet combination of weather ‘liquid sunshine’) and vivid rainbows appear on an almost daily basis. And what better place to refuel, posttriathlon, than in the thick of the forest at Hotel Chocolat? Boucan, the restaurant at this boutique hotel owned by the British chocolatier, is set among the cocoa groves of the island. Every dish involves chocolate made on the premises: homemade bread dipped in dark chocolate balsamic vinegar, or rib eye steak with red wine and chocolate sauce. By dessert, even this chocoholic has reached saturation point – I head to my wooden cabin and let the forest’s birds and insects chirp

and croak me to sleep. Despite my tri-tired limbs and the earplugs provided, I don’t get much shut-eye – unsurprising, perhaps, given nature’s sound effects and the sheer amount of caffeinated dark chocolate consumed. But the breathtaking view of St Lucia’s famous Pitons is enough to open even the sleepiest of eyes: two seemingly symmetrical mountains, two miles apart, so unspoilt and striking as to look superimposed against the backdrop of a bright blue morning sky. “Nothing in the world could beat this view,” I think as I enjoy a tub of complimentary dark chocolate flakes from the mini-bar. But I’m wrong – because later that day I head to the Jade Mountain hotel, where bedrooms are ‘sanctuaries’ with hot tubs, infinity pools and no fourth wall; just an open-air view of the Pitons from your four-poster bed. Every guest is assigned a personal butler and a little mobile phone on which to call him should they need food or drink, information of any sort, a ride to the beach or (in my case, having lost my way among the granite walkways of owner Nick Troubetzkoy’s multilevel design) escorting to dinner. Heading home – back to work, freezing temperatures and, horror of horrors, doing my own washing – was always going to be difficult. But if the chocolate balsamic vinegar and the personal butler don’t bring me back here, the liquid sunshine and the St Lucia Triathlon most certainly will. ■

ST LUCIA TRIATHLON THE POWER OF THREE

The St Lucia Triathlon will return on 22 November 2014. For more details, see tristlucia.com. British Airways offers seven nights at the St James’s Club Morgan Bay in St Lucia from £999 per person, based on two sharing, for selected dates in June, including return flights from Gatwick and all-inclusive accommodation.

ba.com/stjamessclubmorganbay

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TRAVEL CARIBBEAN SPECIAL

LAND OF THE FREE The relaxing of Cuba’s heavy-handed laws around enterprise has inspired a raft of new revolutionary bars and restaurants. LYDIA BELL joins the coup

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STREET SMART: The heavy contrast between Havana’s gritty backstreets and the chic bars that now line them is most keenly felt at hotspot Kprichio. You’ll need a taxi driver who is forgiving of your pronunciation to find it, though.

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Y TAXI EDGES down a dark suburban

street as I hunt for a recently opened bar named Kprichio. I’m not entirely sure how to pronounce Kprichio, but the driver seems to get the gist. In contrast to the gritty, cobbled street, when open the door to the bar, I’m faced with a minimalist, clean, ultra-contemporary space with a white bar that is glowing from within. There’s pulsating European dance music and soigné girls in bodycon dresses. Kprichio (94 entre 1ra y 3ra # 110, Miramar; +53 7 206 4167) looks and feels like a bar you’re more likely to find in Miami than Havana. There’s even an exhaustive cocktail and spirits list – a refreshing sight, as it wasn’t so long ago that you had only two choices when ordering a cocktail in Havana: cuba libre or mojito. This slick, white-on-white space is just one example of the sort of establishments appearing like mushroom crops around the city, servicing a youthful, and increasingly international, all-hours social scene. To please the new generation of socialites, the aesthetic and atmosphere should be modern – preferably not recognisably Cuban. They call them la farandula, a Spanish phrase that refers to glitzy showbiz types, but in Cuba it’s a byword for the country’s status-conscious party crew that’s not much interested in politics. Following the country’s new, tentative ‘Raulista’ openness, things are all change in Cuba. Citizens are now free to do many things they were previously not able to do: buy and sell houses; buy cars (at ridiculously inflated prices); rent commercial space; buy land; leave the country without an exit permit; and obtain loans from the state to start up a raft of private businesses, to name but a few new freedoms. Entrepreneurship has also exploded, with start-ups, well, starting up at a rate of knots. For tourists, there are many boons: the biggest being the nascent not-just-for-tourists industry of bars, restaurants, after-party joints, full-on clubs, and live music venues springing up from the private sector. Because of a lack of commercial space, most venues run out of peoples’ houses, with folks sacrificing their living space for business launches. But that’s changing thanks to a new law decreeing that Cubans can now rent space to each other.

ON THE TOWN At lively, subterranean Sangri-La (Avenida 21, e/ 36 y 42, Miramar; +53 5 264 8343) – the first of these new bar-clubs, which opened in the summer of 2012 – the drinking booths, generic décor, dress sense of the crowd and mainly international pop suggest any identikit Spanish nightclub. Other au courant venues

Bars are appearing like mushroom crops servicing a youthful, all-hours social scene include Las Piedras (1ra y 43, Miramar), which is carved out of a huge suburban home and garden; La Fontana, the longstanding restaurant that’s just added a new alfresco bar built over a succession of fishponds (lafontanahavana.info); and Melen Club (Calle 1ra No 4603 entre 46 y 60, Miramar; +53 7 203 0433), a modern home reworked as an indoors-outdoors space with blood-red walls, and serving the kind of tacos and pinchitos that suit those who need to soak up the booze. These spots operate as after-party zones, being dead until 1am (when everyone’s at ShangriLa), and peaking from 3am to 6am. As ever, the Cuban crowds give away the cultural and geographical context, but the venues’ décor, ambience and music do not. In terms of live music, a clutch of private places dominate. The queen of Friday nights is Don Cangrejo (Avenida 1ra, entre 16 y 18, Miramar; +53 7 204 500), a seaside fish restaurant that no one goes to for the food. Its ocean-side garden sees a huge, lively, well-dressed crowd taking in mainly thirdgeneration nueva trova gigs – popular local musicians such as Kelvis Ochoa, David Torrens and Descemer Bueno frequently play and the private tables are barely visible under the many bottles of Havana Club. For a more low-key spot to hear jazz, the compact new Privé Lounge (Calle 88A #306, between 3ra & A, Miramar; +52 7 209 2719) owns Sunday nights; here you can listen to some of the latter-day Cuban greats, including pianist Aldo López-Gavilán. El Sauce (Esquina Calle 90 y Calle 30, Playa; +53 7 204 7114) is an outdoor venue with a changing roster of up-and-coming singer-songwriters, including troubadour Frank Delgado. If you want a bar with a strong Cuban sensibility, Esencia Habana (Calle B, e/ Linea & Calzado; +53 7 836 3031) is run by the manager of Cuba’s super-celebrity reggaeton band Charanga Habanera, and occupies a beautiful restored colonial house. It melds a thriving social scene with period details such as an old-fashioned mahogany bar and vintage cash register. El Cocinero (elcocinerohabana.com) has an industrialchic aesthetic reminiscent of Shoreditch or ➤

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INDUSTRIAL REVOLUTION: El Cocinero is a converted peanut oil factory that takes its cues from the inner-city cool of cuttingedge spots like Shoreditch and Brooklyn. The bar-restaurant has a rooftop with DJs spinning tunes to a socialite clientele

Indian and his Cuban wife with an ex-Taj Samudra Hotels of India chef, no less. Then there’s La Buena Vida (Calle 46 No. 917 entre 11 y 9; +53 7 202 5816), a vegetarian, organic restaurant that uses produce sourced from its own organic farm, houses entirely upcycled or recycled tableware and crockery, and is decorated with art made from repurposed materials. Being ahead of its time in a country where meat is a religion, there’s a smattering of seafood and pork dishes, too. Italian restaurants are flourishing as well, partly because the ingredients are so easy to grow in Cuba. The best is El Corte del Principe (9na esq. 74, Playa, La Habana 11300; +53 2 412 5140), an informal alfresco space with rustic red-checked tablecloths that serves superauthentic fresh pasta, plus other classics.

ESCAPE THE CITY

Sloppy Joe’s was the iconic bar where José García Río doled out liquor and iced seafood 104

when Prohibition was repealed, business disappeared overnight; the bar was boarded up in 1965, and remained so for 48 years. Now the government has blown five decades of dust off the tables and Sloppy Joe’s is back. It’s just the ticket for a lunchtime ground-beef sandwich and a middle-of-the-day cocktail.

RISING RESTAURANTS Cuba’s restaurant scene is in full swing. After years of stasis, with private restaurants crippled by draconian taxes, bureaucracy and arcane rules (such as: you couldn’t have more than 12 tables in your restaurant, which had to operate out of your home and employ members of your own family), things have been simplified, stripped back, and made less expensive. Now, paladares – private restaurants – open at such a rate that no one can keep up. The top end is dominated by the best chef-restaurateurs who have come up through the state system, those who have returned from overseas with money and nous, and ‘young Turks’ with benefactors in Miami or elsewhere. Along with the tranche of restaurateurs celebrating recalibrated Cuban classic dishes or fusing Creole elements with what they’ve learned overseas, there’s another lot trying something completely new. Paladar de Santi, or Santi’s (240A 3ra. C, Jaimanitas) – a spit and sawdust fisherman’s shack by the side of the water in outlying Jaimanitas – is the best place for sushi. It’s hard to find and impossible to leave: they slice open the freshest possible catch of the day for that savoured sashimi moment. Bollywood (bollywoodhavana.com) is Cuba’s first curry house, opened by a British

HOW TO GET THERE Cazenove+Loyd (020 7384 2332; cazloyd.com) offers tailor-made holidays to Cuba with prices for 2014 from £1,445 per person, based on two sharing. Includes five nights’ accommodation with breakfast, flights from London and private airport transfers in Cuba. Virgin Atlantic flies twice weekly to Havana from London Gatwick. Prices start from £362 plus £372 tax (0844 209 7777; virgin-atlantic.com).

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PHOTOGRAPH (TOP) by Cuba Absolutely (cubaabsolutely.com)

➤ Brooklyn: an old peanut oil factory has been reworked to house the bar-restaurant, while the main rooftop space is awash with young revellers and the DJ’s electro beats. Of course, these new pretenders cannot entirely dislodge the better longstanding state bars. The colonnaded terrace bar at the Hotel Nacional (hotelnacionaldecuba.com), where live son music melts into the balmy air, will always be special. La Casa de la Musica (Ave. 20 No. 3308 esq. a 35, Miramar; +53 7 204 0447) cannot be bettered in terms of big-band timba and timelessness, and Centro Cultural Bertolt Brecht (Calle 13 Esquina I, Vedado, Plaza de la Revolucion; +53 7 832 9359) is a preserved 1960s belle where the cool cats gather to hear sensational live music from acts including Interactivo and Tony Avila. The government has also upped its game with the reopening of the old Sloppy Joe’s bar (Calle Zulueta #252 between Animas and Virtudes, Habana Vieja; +53 7 866 7157). In the 1940s, when Prohibition reigned supreme, good-timers from the US made the Cuban capital their playground. Sloppy Joe’s was the iconic bar where José García Río doled out liquor and iced seafood. After 1959,

If you want to shroud yourself in the plentiful greenery of Cuba, spend a lazy afternoon at La Mandragora, which has opened in a secluded outpost of Havana (Calle 212 #2904, e/29 y 31, La Coronela; +53 7 271 1073). The ranch-style house and gardens specialises in fresh-made Cuban dishes including super-fresh crunchy croquetas and an excellent leche frita: the naughty, deep-fried condensed milk pudding. Another excellent weekend locale in the Havana outskirts is Restaurante Divino (cubarestaurantedivino.com), an ItalianCuban owned restaurant and organoponico (small farm) with a wonderful palm-filled garden, a flock of geese and the best private wine cellar in the city. The eatery pioneers where others will surely follow, adopting a garden-to-plate mentality that makes the most of Cuba’s exceptional natural setting, culture of urban farming and alfresco possibilities. It’s a new dawn, and we strongly advise you make the time – and the trip – to tuck in. ■


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FOOD & DRINK REVIEWS

BUBBLING WITH IDEAS Champagne may once have seemed just the tipple of toasts, but new restaurant Tirage puts it centre stage. MIKE GIBSON raises a glass SURROUNDINGS THAT SPARKLE: Tirage’s exterior is subtle and unshowy, but once you’re through its doors you’ll find a bare-bricked, voguish dining space that’s full of high tables and chairs –and rich in atmosphere.

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ALL ME A philistine, but I’m not really

used to sitting at a table and drinking champagne for two hours without having to listen to someone making a toast. But in a day and age when the champagne bar is more au courant than ever before, a restaurant that really harnesses the foodpairing potential of this versatile sparkling wine is a welcome refresher. I’m talking about Tirage, an excellent fine dining establishment specialising in champagne et plats, which has just opened on Bishopsgate. After a pre-dinner glass of champagne (when in Rome...), we start off with delicious

I’m a convert – next time my mind defaults to a red with dinner, I may just think again squaremile.com

WRIGHT BROS SPITALFIELDS BY NICK SAVAGE

rock oysters, served with a red wine reduction and paired with Drappier, before moving onto an artfully-presented scallop ceviche foiled by purées and reductions aplenty, including kaffir lime, pomegranate and sorrel flower, and paired with an earthy 2005 Thiénot. I’m already impressed by the presentation, complexity and inventiveness of this dish when the deal is sealed by a pan-fried sea bass with a seeded crust entailing heady curry flavours, paired with a Russian Abrau-Durso cuvée. This is followed by tender venison haunch with acorn squash, served alongside a robust Montigny sous Châtillon. The meat has a pleasant succession of power then flavour, which is matched by that of the champagne. After a light mango cheesecake with an Australian Moscato to finish, it’s home time. Five superb, well-judged wines have brought the best out of five delicious courses, and I’m a convert – the next time my mind defaults to a red with dinner, I may just think again. ■ Tirage, 64 Bishopsgate, EC2N 4AW: 020 7628 4522;

There are good bars and there are great ones – places where you can mislay an entire afternoon. One spot in the latter category is the newlyopened Wright Brothers in Spitalfields, which boasts the freshest seafood in London. An avant-garde seawater tank holds over 10,000 shellfish, which can be selected at leisure for your gustatory gratification. Pitch up at the Carrara marble bar with a mate, order yourself a gin martini and then re-enact your best Walrus and Carpenter impression as you make your way through the menu. The room brings to mind the many oyster bars that have historically cropped up around the wharves and jetties of America, and there’s a curious respect and intensity involved in choosing your meal from the tank. A brown crab was presented to us, claws snapping in appeal, before being whisked away to meet its end. Perhaps it was some latent sadism, or just the unrivalled freshness, but crab had never tasted so good. For the latest London openings, go to: see more on

squaremile.com

innerplace.co.uk

for more information, see tirage.co.uk

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CAMPAIGN FOR REAL KALE Of all the fundamental benefits that food has to offer, kale really is the front runner. This vegetable du jour aids digestion, controls blood sugar and cholesterol, boosts immunity, and speeds up metabolism. In fact, there are few areas where it doesn’t deliver; it even contains more iron per calorie than beef. Too good to be true? Not with its pedigree: kale belongs to the Brassica family, which includes superfoods broccoli, cabbage and radish greens. And at zero fat, it’s difficult to think of a better lunchtime companion for one nutritious health boost. Pod’s spring menu brings this hero vegetable to its new range of hot Mineral Pods, with low-carb noodles, beans, chia and pumpkin seeds, leek, coriander and its secret – and delicious – green broth. A Veggie Magic Mineral Pod is only 126 calories and 1.8g of saturated fat, perfect for a lighter option with extra health benefits.

GOOD THINGS, SMALL PACKAGES: Take your time over dim sum at Hutong, on floor 33 of the Shard, where you’ll pile up dinky morsels of deliciousness. Don’t miss the baked wagyu beef puffs or crystal crab dumplings.

FOOD & DRINK REVIEWS

HOW TO ‘DO’ LUNCH

Afternoon dim sum at the Shard’s Hutong restaurant is a masterclass in an obscenely leisurely midday meal, says (or slurs) JON HAWKINS

D

£3.99 in all Pods.

pod.co.uk

see more on

squaremile.com

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EPENDING ON HOW you look at it, laziness is either an utterly contemptible waste of your short time on Earth, or it’s a glorious two fingers at productivity. It’s often said that time is the greatest luxury, but perhaps having time, and choosing to do as little as possible with it, is an even greater extravagance. Ultimately, however, the truth must lie somewhere in between – you have to pick your moments of laziness and, paradoxically, use them wisely. Sleeping at work, for example, is obviously not ideal. Being fed tiny parcels of food that you barely have to chew, let alone cut – now that I can get on board with. The lunchtime-only dim sum menu at Hutong – the Northern Chinese restaurant on level 33 of the Shard – makes an art form of the lazy lunch. You sit, with London dwarfed yet spectacular below, as a succession of dumplings, puffs and buns arrive at the table ready to be insouciantly speared and delivered into your mouth (by you, more’s the pity). With the best dim sum, each dish is a finely judged balance of flavour and texture,

and this is true of Hutong. The crystal crab dumplings are translucent blobs of intense, sweet flavour, while the vegetable and bamboo pith dumplings (the pith is a mushroom, not the spongy white tissue of a citrus fruit) have a delicacy you might not expect from the name. Wagyu, of course, has no such PR problem, and the baked beef puffs have a buttery outer that gives way to sweet, unctuous filling – I’d happily have it made into a full-sized pie. That, however, would require complex coordination of cutlery, food and mouth. And sometimes that’s far too much like hard work. ■ Hutong, The Shard, SE1 9RY; hutong.co.uk

Being fed tiny parcels of food you barely have to chew, let alone cut – that I can get on board with squaremile.com


Werewolf

215-217 PICCADILLY, W1J9HN is the newest power player making waves in the tight knit circles of the West End.

With the pioneering Traviss brothers at the helm, luxury night life has never been so good. London born Richard, Anthony and Reg have breathed new life into the former sex cinema. Its Piccadilly Circus location, once reserved for tourists and out of towners, has been the site of a concerted and impressive transformation over the last 5 years. With the W Hotel round the corner, the effortlessly cool Edition Hotel down the road and the ever popular Hawksmoor restaurant, this little corner of the West End is fast becoming the place to be. With an unprecedented focus on quality, Werewolf sets high standards in both service and experience. The result is an exciting yet functional environment perfect for anything from fashion shows, to film premieres and client functions. The design aspects of the venue have pushed boundaries unifying performance and static art, with classical art deco architecture and unique mix of 80’s and modernist design. Embodying hedonistic elements from both the yuppie and rat pack eras, the on board creative team were able to develop an organic and innovative aesthetic never before seen in clubland. Americana, tattoo and neon art and culture, feature prominently in the design, and a nod to futuristic performance and production can be seen in the cutting edge sound and projection mapping systems. The result, is a transformation as wild as the name suggests.

The 22 X 15ft floor to ceiling 3D projection screen is one of the few available in this country and is the centre piece of the stage area. Its unprecedented picture quality is enhanced with an exceptional sound system by Void, and the result is a space that offers an unparalleled cinematic experience. It’s clear that this venue is explicitly designed with multimedia entertainment and performance in mind. Effortlessly versatile, offering different environments, with an adaptive capacity, luxurious booths and modular furniture, the capacity can be scaled from an intimate 100 on the mezzanine level to a bustling 400 at full capacity. Two separate spacious bars and quality table service, avoid those tedious waits at the bar at any time. Guided by a team of seasoned mixologists at the helm, the cocktail list continues along the exciting fusion theme. The large, fully equipped kitchen is also available to cater to any menu. Werewolf is actively engaging in a dazzling array of one off events and art projects and their hand picked hospitality team boasts an impressive wealth of experience in the industry. Combine this all in a space that can be both intimate and luxurious, it’s the perfect location for a range of events.

PRESS & LAUNCH PARTIES | CLIENT FUNCTIONS | FASHION EVENTS| BUSINESS WORKSHOPS | POP-UP RETAIL | FILM / PRINT / COMMERCIAL SHOOTS | PRODUCT SHOWROOMS | SAMPLE SALES | DRINKS RECEPTIONS MUSIC EVENTS | EXTERNAL EVENTS | SCREENINGS | 3D COMPATIBLE CINEMA EXPERIENCES v

For further information contact: marie-claire@werewolfclublondon.co.uk


WORLD CLASS CORPORATE HOSPITALITY

Corporate Entertaining 2014 Group Golf Packages & Events Special Hotel Room Rates from £225* Exclusive Use of MacLeod House from £5,000* Annual Corporate Membership from £9,500* BOOK NOW T: +44 (0) 1358 743300 E: bookings@trumpgolfscotland.com www.trumpgolfscotland.com Trump International Golf Links, Scotland Menie Estate, Balmedie, Aberdeenshire AB23 8YE * Terms & Conditions Apply


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GOLF MASTERS BLASTER

THE PLAYER

Upping your game from being a single major winner to a multiple champion is a life-changing achievement for any golfer. The list of players with just one big title to their name would fill this entire column, while that for those with two of the big four on their CV brings in the likes of Rory McIlroy, John Daly and José Maria Olazabal within the modern era. Bubba Watson joined that rarefied club with a supreme display of power hitting, accurate wedge play and – when it mattered most – confident putting, around Augusta National last month. While his win at the same place 24 months earlier had been explosive, his annexing of a second Masters green jacket was more assured, with the last hour of play almost devoid of drama as the 32-year-old American pared his way to glory while others failed to challenge. That lack of excitement robbed Watson of much of the post-tournament adulation that he was perhaps due. Sticking to the only game plan he knows, he went out all guns blazing, pulling off a hatful of extraordinary shots that few other players could imagine, let alone execute. His drive at the par-five 13th drew a gasp from the crowd as his ball landed within a sand wedge of the green, having travelled 366 yards. Few players elicit gasps, but Bubba does so with alarming regularity. While critics argue that Augusta is set up well for left-handers – six of the last 12 winners have been lefties – and particularly for big-hitting lefties, it sounds like petty jealousy to undermine Watson’s achievement. Asked whether he thought that winning two majors elevated him to the ranks of the game’s great players, Watson was – as ever – humble. “For a small-town guy named Bubba to have two green jackets is pretty wild,” he said. “But I’m not playing golf for everybody to tell me how great I am. I play golf because I love it.” And that, in a nutshell, is ‘Bubba Golf’. Hit the ball, hit it again and see where you end up. Life really doesn’t get much more simple than that. ■

PHOTOGRAPH by Al Tielemans /Sports Illustrated/Getty Images

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by

November 11th -18th 2014 Europe’s Premier Celebrity AM AM Golf Tournament      ALAN SHEARER – ANDRII SHEVCHENKO – DAVID SEAMAN – PETER SCHMEICHEL DAVID PLATT – DWIGHT YORKE – ANDREW COLE – ROBBIE SAVAGE LES FERDINAND – JOHN JENSEN – VLADIMIR SMICER – PATRIK BERGER 7 Nights all inclusive – 4 round tournament – Welcome cocktail party Gala awards dinner – Entrance to watch the final round of The Turkish open

FOR BOOKINGS AND INFORMATION Major Golf Events PO Box 257, Alderley Edge, Cheshire, SK9 7WP contact@majorgolfevents.co.uk +44(0) 1625 598084


Subject to unforeseen circumstances


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GOLF UK

BRITAIN’S BUNKER MENTALITY The UK’s golf scene has never been so vibrant. We sent Golf News’s NICK BAYLY to check out four of the best courses TRUMP INTERNATIONAL GOLF LINKS, BALMEDIE Whatever the political and ecological rights and wrongs of Donald Trump’s links on the north-east coast of Scotland there is no denying that, from a golfing perspective, he has created an instant classic. Stretches of UK coastline available for golf development are – quite rightly – few and far between, but course designer Martin Hawtree has done a fine job, not wasting the rare opportunity he was given here. The course takes its lead from the sand hills that were there at the outset and most of the holes follow the valley floor, with the fairways rippling gently under your feet like ill-fitting carpets. It’s a classic ‘out-and-back’ links design, with only the 13th veering from west to east rather than north or south. Those looking for weak holes soon have

GOLD STANDARD: Stoke Park may be famous for its 27hole championship course, but golf isn’t the only entertainment here. This summer’s line-up of events includes concerts by Sir Elton John and Katherine Jenkins, plus the famous Boodles tennis tournament. And that’s just June… stokepark.com

to accept that they’re just not there. From the show-stopping par-three third to the majestic par-five fourth and the equally inviting short sixth, there are challenges at every turn on the front nine, with heather, rough and pot bunkers to catch every errant shot. The back nine is no less demanding, with the stretch from the 13th to the 15th a particular highlight. As you stand on one of six tees on the last hole, a brutal 651-yard par five, your focus will be on the 18 bunkers – nearly a quarter of the course’s total of 85 – laid out before you. Like most proper links, the sea only pops into view on odd occasions, leaving you to concentrate on the golf – although when it does catch your eye, as it does on the third green, it’s worth stopping to take it all in. The green fee is modest in comparison with other big-name courses, but its slightly remote

location, combined with its lack of tournament pedigree – which may be rectified in the near future – means now is the time to play ‘The Course That Don Built’ before the price rises. Green Fees: £150, trumpgolfscotland.com

CENTURION CLUB, ST ALBANS, HERTFORDSHIRE Situated between the affluent towns of St Albans and Hemel Hempstead, the Centurion Club’s raison d’etre is as much about its geographical location as it is about developing a five-star golfing experience. The creators of the course, which opened for play last summer, believe they have ticked both boxes. With easy access to London and a lack of genuine rivals in the immediate vicinity, the owners have boldly gone down the route of creating a members-only club – and that means you’ll have to join, or know someone who has, to get a game here. Plenty have already signed up, wooed by a club that promises relaxed exclusivity and an attractive parkland course that carves through a swathe of tall pines before moving into a more open setting, where many of the holes are framed by raised banks. With large, undulating greens, severe run-offs, and four interesting water features, the 7,200-yard layout presents a solid test that will appeal to good golfers as well as those looking for a place to take their golfing guests. A wide range of membership categories are on offer including a limited number of founder memberships, which will be the only way to ➤

squaremile.com


N Sw ew f ing aci Stu litie dio s in and clud bra e St nd ate ne -ofw th Ha e-a lfw rt ay Ind Ho oo use r !

‘Top 100 Courses in the World’ THE SUNDAY TIMES

HAVE YOU GOT THE GOLDEN BALLS FOR IT... Stoke Park prides itself on having one of the best venues in England for a Company Golf Day. Every need is catered for and no detail is missed. Come and enjoy exquisite 5 AA Red Star luxury, world class hospitality and play just like 007 did on undisputedly one of the finest parkland courses in the UK! Celebrating 50 years since the iconic golf battle in 007’s‘ Goldfinger’! To book or for more information please contact the Events team on 01753 717171.

www.stokepark.com


london golf club, kent 15 – 19 october 2014 Featuring 16 of the world’s best players including Henrik Stenson and Defending Champion Graeme McDowell

For further information including tickets and hospitality visit volvoingolf.com

volvoingolf.com


ASSETS

➤ access the course seven days per week, while there are midweek openings for corporate and business categories. “The different categories will offer greater flexibility to suit each member’s lifestyle,” Graham Wildish, one of the club’s directors, explains. “It is our intention to create a modern club that is renowned for its atmosphere and service.” Green Fees: N/A, centurionclub.co.uk

CELTIC MANOR TWENTY TEN COURSE, NEWPORT Ryder Cup courses have a unique place in the golfing landscape. The demands of the modern era of the biannual event mean considerations of traffic access, vantage points for spectators and availability of nearby hotel rooms are all above the requirements of a ‘normal’ course. Celtic Manor’s Twenty Ten course was created for one event and one event only – the 2010 Ryder Cup – and served its purpose well (despite the best efforts of the Welsh weather), producing a thrilling spectacle. Ever since those heady days, golfers of all skill levels have been trekking across the Severn Bridge to pay homage to the venue where Monty’s men did the business. And if risk/reward golf is what floats your particular boat, the Twenty Ten Course will suit you. That’s because it’s the sort of fantasy course one might find on a PlayStation or XBox, full of do-or-die shots over water and offering strategic dilemmas that tend to work best when you have two balls in play – as they do for large parts of the Ryder Cup. To call the Twenty Ten a ‘new’ course wouldn’t strictly be true – and wouldn’t even have been when it first opened in 2007 – as nine holes of the original Wentwood Hills course were merged with nine new ones routed through the Usk Valley to create the monster 7,493-yard, par-71 layout played today. That layout comes in three parts, with the opening holes having a linksy feel before opening out into a Florida-style lake course on the valley bottom and culminating in an

GREEN AND PLEASANT: The lush 18th at the stunning Castle Stuart course beside the Moray Firth, while (below left) pine trees surround the first hole at Hertfordshire’s Centurion Club. The 18th – and 19th – holes at Celtic Manor (below right) are a picture of elegance.

elevated closing stretch offering amphitheatrestyle viewing over the final four holes. While the Twenty Ten won’t win any architectural awards from golfing purists, for sheer thrills and spills – and for the chance to create your own slice of matchplay history – it’s a pretty tough one to beat. Green fees: £79-£140, celtic-manor.com

PHOTOGRAPHS (Castle Stuart) by Stephen Szurlej; (Centurian) by Kevin Murray;

CASTLE STUART, INVERNESS A WORLD APART: The Volvo World Match Play Championship celebrates its 50th anniversary this year. Held at the London Golf Club in Kent from 15-19 October, it’s sure to be a highlight of 2014’s golfing calendar. Standard and corporate tickets are still available. volvoworld matchplay.com

Since opening in 2009, Castle Stuart has added further real credibility to the rich fabric of golf in the Scottish Highlands, already blessed by the likes of Royal Dornoch, Nairn and Brora. Host to the Barclays Scottish Open for the third time in its short history this July, the venue is popular with tour professionals who trek from all corners to fine-tune their links game before the Open Championship. It worked its magic for Phil Mickelson last year before his triumph at Muirfield – and we can expect plenty more to follow suit. But Castle Stuart is more than just a

convenient place for pros looking to sharpen their skills – the 7,000-yard course is the star of its own show in its own right thanks to a stunning location beside the Moray Firth. Developed by Mark Parsinen, it has earned a reputation as being a ‘soft’ links layout for top players when the weather is benign, with three of the par fives easily reachable in two, and at least two of the par fours in one. It’s a layout of contrasts, with the first four holes and holes 10-12 located hard by the sea, while five to nine sit on top of a cliff. The final five move up and inland, feeling like a balcony seat looking down on the stage below. Among the many highlights is the driveable par-four third, with its green sitting perilously close to the Moray Firth. On a sunny day with the gentlest of sea breezes, there can be few finer places in the UK to play. Castle Stuart has recently opened on-site accommodation, with lodges and cottages available as part of a stay-and-play package. ■ Green fees: £130-£180, castlestuartgolf.com

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RUB OF THE GREEN: The Gloria Serenity Resort boasts some of the finest fairways Turkey has to offer, complete with beautiful natural surroundings and five-star facilities. The resort has four courses: Gloria Old, Gloria New, Lykia Links, and National Golf Club.

GOLF THE SIGNATURE

GOLFING IN A DIFFERENT LEAGUE

Major Golf Events’ The Signature, a seven-day event on the glorious Antalya coast in Turkey, is a break with a difference, pitting amateurs against ex-footballers including David Platt – and you could be there

I

F YOU’RE A football fan, meeting stars of yesteryear may well be on your bucket list. But at Major Golf Events’ biggest celebrity ‘am am’ in November, you can do more than that – you can join them on the golf course. The five-star, all-inclusive event, called The Signature, mixes enthusiastic amateur golfers from all over Europe with celebrities from the world of football. A host of great names from the Premier League and Europe will be in attendance, including Alan Shearer, David Seaman, David Platt and Andriy Shevchenko. And they won’t just be there to dispense handshakes and autographs – they’ll be right there in the thick of the action, teeing off against guests in a bid for golfing supremacy. Held at the Gloria Serenity Resort, one of Turkey’s most exclusive hotels, the event offers seven days of golfing on four courses, starting with a cocktail party and finishing with a gala dinner. Entrants will play a round on each course, each time joined by a football star – and, in an exclusive offer, square mile readers are invited to choose their celebrity partners.

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If you think it’s a boys’ club, think again – non-playing partner packages are available, so your other half can cheer you on from the sidelines and take advantage of the hotel’s facilities. And after the tournament’s wrapped up, there’s still time to round off the week in style with complimentary entry to watch the final round of the Turkish Open in Belek. Golfing holidays don’t get much better than this – so grab your clubs and apply. ■ Prices start at £4,760 based on a team of four sharing two twin rooms. To apply call 01625 598 084, email contact@majorgolfevent.com or visit

majorgolfevents.co.uk/signature.

Participants will play a round on each course, joined by a different former football star squaremile.com


O F F R OAD IS OUR ROAD

Wildcat 90/110 Wildcat’s engineering and racing expertise has resulted in the development of the Wildcat 90/110 V8. Rebuilt from the ground up 525bhp V8 and 6speed auto box, Transforms the Land Rover 90/110 into a supercar.

Limited Availability In celebration of the 100th Wildcat 10 special editions are being built with Titanium space-frame chassis, Carbon Fibre Body and 640bhp. Available to the discerning collector. £250,000

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HOLDINGS

DESIGN: FLOORING . 124 PHOTOGRAPHY: CHINA . 128 PROPERTY: LONDON . 131

GOING THE EXTRA TILE . 124


HOLDINGS

DESIGN FLOORING

FLOOR POWER When it comes to picking tiles, why opt for one colour when you can have 90. JAMES DAVIS says all you need is the right Mews

WHAT LIES BENEATH

For more info, visit:

surfacetiles.com

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PULL UP A PEW: Completing this minimalist look is a Shaker table by Danish designer Børge Mogensen, and Y-chairs by Hans Wegner. The Wishbone Chair is perhaps Wegner’s most celebrated work – light, attractive and surprisingly comfortable.

ILLUSTRATION by publinc larit em potinium vid ces blah

When renovating your home, it’s easy to forget about the floor – after all, it’s hardly the most glamorous of elements to spend your hard-earned cash on. However, it can make or break a room. Mutina designers Edward Barber and Jay Osgerby clearly think so, anyway. Their new tile collection, simply called Mews, is highly detailed and complex. It consists of six base colours – chalk, fog, pigeon, lead, ink, and soot – each of which contains a palette of 15 different shades. This 90-strong colour range creates depth and movement to the finished floor making it as rich as it is remarkable. The apparently random effect has been created from extensive research and several experimentations on colour and nuance combinations. Both designers live and work in London – and the collection has been inspired by the capital’s history and personality as well as the variety of textures that characterise its infrastructures, such as bricks, floors and irregular geometrical patterns. ■


ANTA (Latin, possibly from ante, 'before' or 'in front of')

ANTA

m ad e

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ANTA design company situated on the Moray Firth of Scotland's rugged northeast coast. Founded by Annie & Lachlan Stewart in 1984 remains ahead of its time. Known for its unconventional take on traditional tartan and its insistence on natural materials and fine craftsmenship. A chance discovery that TARTAN twice written includes ANTA in the middle TARTANTARTAN ANTA in Japanese means YOU Pure Wool Tweed Carpet Rug

Torridon

Showrooms 119 George Street Edinburgh 107 West George Street Glasgow For a free sample & catalogue visit www.anta.co.uk/madeinscotland/carpet-rugs and use the code SQM5


A landmark location within the Royal borough of Greenwich Now released aNd selliNg fast! reserve today! A unique collection of high specification 1, 2 and 3 bedroom apartments and 2 and 3 bedroom houses bordering the East Greenwich conservation area and within easy walking distance of Maze Hill station and the river

Prices from ÂŁ305,250 to ÂŁ735,000

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HOLDINGS

ART PHOTOGRAPHY

LIQUID ASSETS Water takes on new character on the canvas at an exclusive exhibition of work you can bring home. LAURA CHUBB reports

SPLASH OUT In June, renowned Chinese photographer Qin Yuhai brings his photographic studies of water to the UK for the first time, with an exhibition which will culminate in an auction of his works. It's a unique opportunity to get close to Yuhai’s pictures, taken over many years in the Mount Yuntai region. Most mesmerising about these shots is the way the light reflects on the water, evoking scenes as diverse as a stormy sky of crackling electricity, ethereal flames and reptilian skin. The artist says his studies echo the transitional nature of life. Water: it’s deep. ■

PHOTOGRAPH by Qin Yuhai

Ebb & Flow is at the Saatchi Gallery from 11-15 June, 10am6pm. Entry is free. saatchigallery.com

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RECOGNISING ITS HISTORY REBUILDING ITS FUTURE

GILLENDER ST, BOW, LONDON E3

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HOLDINGS

PROPERTY LONDON

BUYING A BIRD’S-EYE VIEW The views from The Heron building’s top-floor penthouses are worthy of a world-class tourist attraction. LAURA CHUBB contemplates the high life in the City’s newest, most luxurious penthouse apartments

I

T WOULDN’T BE at all presumptuous for The Heron to suggest – well, if an apartment building were actually capable of suggesting anything, that is – it is home to the most luxurious penthouses in the City. And before you begin fantasising about Duck & Waffle for breakfast every morning, we’re not talking about Heron Tower, that other Square Mile sky tickler. Although not the tallest, The Heron is the largest residential tower to be built in the City for more than three decades. Now, Heron International is launching the building’s two knock-out penthouses, with the smaller of the two commanding a £12m price tag. Sprawling across the 35th and 36th floors, these three- and four-bedroom apartments measure 4,000 sq ft and 6,000 sq ft respectively. It’s a lot of space to swagger around – which you’ll almost certainly feel like doing once you’ve checked out the views. Both penthouses have triple-aspect, floor-to-ceiling windows from double-height spaces, which look out across London’s landmarks. You’ll feel slicker than the hair on Leonardo DiCaprio’s bonce in the upper floor’s ‘indoor outdoor’ room, which has a retractable roof. The Boffi kitchens with Bianco quartz stone and Gaggeneau appliances are almost too movie-set-perfect to cook in – which is just as well, as there’s a concierge on hand to take care of restaurant reservations, as well as housekeeping and travel arrangements. Between the 31st and 34th floors there are also 12 lateral apartments and one duplex which together make up The Penthouse Collection. Prices here start from £3.6m. Heron Tower might be the Square Mile’s tallest building at present, but The Heron is where the real high life can be found. ■

PERFECT PANORAMA: The penthouses on the 35th and 36th floors of The Heron look out over the City. Bonus: you no longer have to put any effort into entertaining your mates. Just invite them over to gawp at your incredible private view. The entrepreneur in you could even sell tickets.

For more information, see theheron.co.uk

•• PHOTOGRAPH by Philip Vile

You’ll feel slicker than the hair on Leo DiCaprio's bonce in the penthouse’s 'indoor outdoor' room squaremile.com

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A UNIQUE EXPERIENCE NEW TO MAYFAIR LUXURY WOOD FLOORING SHOWROOM 4 Farm Street, Mayfair, London W1J 5RD Tel : 020 77306957 www.victorianwoodworks.co.uk


+ TO ADVERTISE IN THIS SECTION PLEASE CALL DENIZ OR LORNA ON 020 7819 9999

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+ TO ADVERTISE IN THIS SECTION PLEASE CALL DENIZ OR LORNA ON 020 7819 9999

Restoration:

A return of something to a former, original, normal, or unimpaired condition.

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Years of experience, expert craftsmen. From restoration to race preparation.

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20 London Locations

+44(0)1795 830288

www.mikewilliamsrestorations.com • info@mikewilliamsrestorations.com Bexon Lane • Bredgar • Sittingbourne • Kent ME9 8HG

Restoration MWRS 95.5x125.5mm ad.indd 1

0207 936 4646 83, Borough High Street SE1 0207 407 5717 13-14 Hanover Street W1S 0207 355 3800 18, Finchley Rd, Swiss Cottage NW3 0207 722 6767 20, Western Gateway, Royal Docks E16 0207 474 4700

20/03/2014 12:27

The UK’s largest Lotus parts stockist. Please call us for all your part requirements.

01527 835656

Lotus Exige S Touring Year 2009 Price £32,500

Lotus Elan S4 Year 1971 Price £35,000

Lotus Elise 135R Year 2003 Price £14,750

Lotus Super 7 Series 2 Year 1968 Price £29,950

Lotus Elise S Price £19,750

Marcos 3ltr V6 Ford Year 1969 Price £19,450

enquiries@paulmattysportscars.co.uk

12 Old Birmingham Road, Bromsgrove, Worcestershire, B60 1DE


+ TO ADVERTISE IN THIS SECTION PLEASE CALL DENIZ OR LORNA ON 020 7819 9999

The Bentley Drivers Club

Driving your passion

The Bentley Drivers Club is the largest single marque Club for Bentley drivers and enthusiasts Worldwide | Social | Tours | Competitions | Technical | Publications | Concours | History www.bdcl.org | info@bdcl.org |

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BentleyDriversClubOfficial | +44 (0)1295 738 886

29/04/2014 08:29


squaremile

DECASA

This exclusive Deckchair by DeCasa Limited Editions is one of a limited series of 30. Inspired by ink blot tests, this dramatic print would go as well in the living room as in the garden. Find their whole range of home accessories at www.decasa.co.uk, or reach them on social media

LOLU

LOLU - create stylish shoes that are of class, confidence, charm and timeless elegance to look effortlessly sharp. HANDMADE by expert craftsmen.

Navy Velvet and Patent Toe Cap £199

T: 07949 349864 E: info@loluonline.com W: www.LOLUonline.com

CHRISTIAN MACLEOD

A world of luxury, elegance and innovation. Christian MacLeod presents unique and inimitable leather accessories that capture the extraordinary iconic signature vision. With timeless strength, christianmacleod belts are presented in SETH, BRYA and CZAJA leathers with the brilliantly embellished CM initials. Every belt resonates with a rare aesthetic showcasing exceptional finishes of intricate detail and refined quality, for the ultimate in timeless luxury. Visit the world of Christian MacLeod – www.christianmacleod.com

AUSTIN MACAULEY

WRITERS...we invite you to send sample chapters and synopsis, all genres considered. Austin Macauley Publishers CGC-33-01, 25 Canada Square, Canary Wharf, London, E14 5LQ T: +44 (0) 207 038 8212 W: www.austinmacauley.com E: mail@austinmacauley.com

ARCHITECTURE & INTERIOR DESIGN

Schema Studio will transform your residence or office, enhancing your environment, allowing you to achieve the optimum enjoyment and functionality. Our dynamic, creative designers will assist you to meet and exceed your expectations, whether your tastes run from contemporary to traditional and everything in between. We serve London and the M25 suburbs from our central Clerkenwell location. T: 020 7405 4000 E: info@schemastudio.co.uk W: schemastudio.co.uk

LEVITICUS BY ST.OZZY LONDON

Make a definitive style statement with St Ozzy London sophisticated leather and suede shoes. Handcrafted in the United Kingdom, the shoes are accented with adjustable straps and gunmental buckle closures.

BESPOKE SIGNET RINGS

For proper signet rings, of any shape, dimension or weight in 9ct, 14ct and 18ct yellow, white and rose gold and platinum, for the world’s most discerning clientele, contact us or visit our website to see a host of our rings and cufflinks. T: 01489 578867 W: www.ruffs.co.uk

ACCA TRACKER

Track your football accumulator bets on the go with the number one football betting app. Simply input your selections and AccaTracker makes sure you get the best odds and are kept upto date. T: twitter.com/FootyAccums E: info@accatracker.com W: www.accatracker.com

BESPOKE BILLIARD TABLES

Designers & makers of contemporary & classic Snooker, Pool & dual-purpose dining or board room tables, lighting & accessories. Handmade in England, from the finest woods & metals, delivered worldwide. Master restorers of fine Antique Billiard tables. Mention Square Mile for a free personalised cue with your order. T: 01264 731 210 E: sales@billiards.co.uk W: www.billiards.co.uk

CREEKSIDE COTTAGES

Creekside Cottages offer a fine selection of self-catering cottages for everyone, sleeping from 2 up-to 8. All our cottages are situated in stunning locations on the south coast of Cornwall, available throughout the year, just come and relax. Dogs welcome.

T: 07428150997 E: sales@stozzzylondon.com W: www.stozzylondon.co.uk

T: 01326 375972 W: www.creeksidecottages.co.uk

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ESSENTIALS

+ TO ADVERTISE IN THIS SECTION PLEASE CALL LORNA ON 020 7819 9999

SALLY LEES

An exquisite selection of limited edition cufflinks, collar stays, money clips and tie slides hand made in London by designer maker Sally Lees and available at Leadenhall Market every Friday. Each pair of cufflinks is precision made using traditional and contemporary jewellery making techniques combining silver, hand printed aluminium and gold. Personal and Corporate commissions are positively welcomed. T: 07788703601 W: www.sallylees.com

ENGLISH CITY STONE

English City Stone supply hand crafted Yorkstone and Portland Stone throughout the UK. We are London’s most experienced fitters of stone steps and our in-house teams carry out all works associated with the renovation of your steps. Our unique waterproofing system ensures that your house remains damp free. T: 020 8673 8785 W: www.EnglishCityStone.co.uk E: info@englishcitystone.co.uk

NICKY LEIGH

Artist in Residence for Caffe Fratelli, who’s work is on permanent display at their Mill Hill Broadway, Elizabeth Street and Bankside outlets.   Limited edition prints of her work available to purchase for £75.00. T: 07795016656. E: nickyjleigh@googlemail.com W: www.nickyleigh.co.uk

THE X1 RAZOR

Bolin Webb presents the new award-winning X1. Fitted with Gillette’s Fusion blade. The handle comes in 5 different automotive colours. The X1 magnetic stand provides an innovative and functional home for the razor. Shaving products from Bolin Webb - the British brand that fuses innovation with performance for every-day grooming. T: 07500 828162 W: www.bolinwebb.com

YOUR LIFE PARTNER IS HERE

The Executive Club of St James’s is the only UK introduction service with money back guarantees that you will meet the highest quality, genuinely unattached, London professionals, who are seeking their long term partners. Established 1985, ABIA Member Read: www.thematchmaker.co.uk & the FAQ’s section - it will change your life!

THE LANKY JEANS CO.

Taller than average? Looking for jeans that actually fit? You’ve just found your size. The Lanky Jeans Co. is the UK’s leading online supplier of designer jeans for tall people. Specialising in slimmer fits, we cater for everyone. Contact us for size and fit advice.

T: 0800 1955 051 E: hello@lankyjeans.com W: www.lankyjeans.com

ADVENTURE SUPPORT VEHICLES

CHAMPAGNE & WINE ICEBUCKET

T: 01303 261062 E: enquiries@cmcreimo.net W: www.conceptmulti-car.co.uk

Create the WOW factor this summer. T: 01628 780439 E: info@jusicolour.co.uk W: www.jusicolour.co.uk

STUDIO D INTERIORS

EDZ PERFORMANCE LAYERING

What can your car do? Concept Multi-Car specialise in manufacturing the ultimate leisure vehicles and campervans. Combining market leading components with innovative, stylish designs CMC’s range of vehicles are designed to support your adventures, wherever they take you!

My work comes from the heart and natural skills knowing what is needed. I hear what people have to say and my mission is to create beautiful, liveable spaces, TO SUIT THEIR NEEDS AND WISHES. Interior Design is a necessity, not a luxury. T: 020 3005 1940 W: www.studiod-interiors.com

Are you looking for stylish, unique furniture to stand out from the crowd and become a talking point? You can with the colour changing remote controlled LED Champagne and Wine Ice bucket. Illuminate any room or outdoor space as the Ice Bucket gently scrolls through a pallet of over 80 different colours whilst chilling your favourite bottle of Champagne!

EDZ are based up in the Lake District from where they sell their excellent range of Merino wool products for the outdoor enthusiast, polo shirts, t-shirts, base layers, boxers and accessories. Available from EDZ outlet shop in Keswick or on-line www.EDZlayering.com T: 01900 810260. E: enquiries@edzlayering.com

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+ TO ADVERTISE IN THIS SECTION PLEASE CALL DENIZ OR LORNA ON 020 7819 9999

+ TO ADVERTISE IN THIS SECTION PLEASE CALL PRESTON ON 020 7819 9999

The World’s Top Brands Bought & Sold Here

Knightsbridge Watches 88 Brompton Road (opposite Harrods)) London SW3 1ER www.knightsbridgewatcheslondon.com

08000 337 333


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The Godfather Live squaremile.com |

ON THE TOWN

ROYAL ALBERT HALL

PHOTOGRAPH by Paul Sanders

Back in the days of silent movies, the most lavish cinemas of the era employed orchestras to bring the images on the screen to life with sweeping, stirring sounds. That idea gets a new twist later this year when The Godfather – regularly voted one of the greatest films

squaremile.com

ever made – is given the orchestral treatment at the Royal Albert Hall. The 1972 masterpiece, starring Marlon Brando and Al Pacino, was provided with music to match by composer Nino Rota, whose memorable score will be played live by some of the country’s

top musicians as part of a series of screenings with orchestral accompaniment. The Corleones plus a conductor? That sounds like an offer you can’t refuse. ■ The Godfather Live takes place on 8 December 2014. Tickets: £15-£55. For info: royalalberthall.com

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+ TO ADVERTISE IN THIS SECTION PLEASE CALL DENIZ OR LORNA ON 020 7819 9999

Specialists in Ferrari, Maserati & Lamborghini Leading independent specialists based In Maldon, Essex. Hoyle Fox Classics boasts a wealth of experience spanning 40 years in the famous Italian marques.

From the stunning classic road cars, Ferrari 275 GTB/4, 330 GTC and 250 GTE to the more modern Supercar, our passion for sympathetic servicing and restoration has allowed our involvement with some of the most significant competition Ferrari’s. Minor servicing to full Concours award-winning restorations, please feel free to contact us regarding your Ferrari, Maserati or Lamborghini.

Tel +44 (0)1621 841444 www.hoylefoxclassics.com info@hoylefoxclassics.com

Exclusive London Yacht Charters

book@diplomatcruises.co.uk | www.diplomatcruises.co.uk | 02032834108


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Spring in the City squaremile.com |

Summer Festivals

ON THE TOWN

squaremile.com |

EVENTS

CITY OF LONDON FESTIVAL Paternoster Square, 22 June-17 July CLOCKWISE FROM TOP LEFT: Last year’s Small Cap Awards; chessboxing at Grange St Paul’s; gulls’ eggs with Macmillan; and join us for the City of London Mile this June

SMALL CAP AWARDS

ORACLE CANCER TRUST CHESSBOXING GALA

Grange St Paul’s Hotel, 21 May

Grange St Paul’s Hotel, 22 May

Shining a light on the City’s biggest and best in the small- and micro-cap markets, this May sees the Small Cap Awards. Supported by the LSE, sponsored by Bishopsgate Communications and with The X Factor’s Peter Dickson compèring, the event recognises outstanding achievement in the sub-£100m market capitalisation category.

Chessboxing isn’t your normal evening of boxing entertainment, with rounds of chess played alternately until there’s a checkmate or a knockout. Hosted by the Oracle Cancer Trust, this unique black-tie event also includes dinner and live auctions.

For more info, go to: smallcapawards.com

or to book, go to oraclecancertrust.org

Tickets cost £200 each and include a champagne reception and three-course dinner. For more info

CITY OF LONDON MILE

MACMILLAN GULLS’ EGGS CITY LUNCHEON

St Paul’s Cathedral, 22 June

Merchant Taylors’ Hall, 13 May

How fast can you run the Square Mile? Find out this June at the City of London Mile. Held in partnership with square mile and Macmillan Cancer Support, it’s a fantastic cause as well as a great workout. Beginning at St Paul’s Cathedral, the course runs around the City and even covers part of the London Olympic Marathon course.

It’s been 25 years since Macmillan’s first City Luncheon, and it’s still going strong today. This year more than 600 people will enjoy gulls’ eggs, smoked salmon, cheese, fine wines and plum cake, and the opportunity to network and mingle, all while raising crucial funds to help people battling cancer.

For more info, go to: cityoflondonmile.co.uk

020 7840 4800 or visit macmillan.org.uk

squaremile.com

To find out more and to buy tickets, call

We’ve partnered up with City of London Festival, which brings more than 100 events, including cabaret, dance and comedy, to the City. For more info, go to: colf.org

HOME COMING Regent’s Park Open Air Theatre, 1 June

The inaugural Home Coming festival includes performances from musicians and DJs, great food and drink, and fundraising for great causes. For more info, go to: openairtheatre.com

squaremile.com ON THE TOWN

The events on this page are just a small taster of what’s going on in the City and beyond; we have a lot more on our website, squaremile.com. Scan the QR code to be taken to our events page, and get stuck in.

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TACKLe The hIGhesT ANd TOUGhesT CyCLOspOrTIve IN The WOrLd Book HAUTE ROUTE with La Fuga to receive pro support, so all you need to do is concentrate on the ride. -

Haute Route Entry Luxury accommodation On-the-road ride captains Transfers between stages Personal mechanics Exclusive feed stations Handpicked restaurants Daily laundry La Fuga riding kit Massages

NOW BOOKING

+44 (0) 208 876 5665 TO FIND OUT MORE ABOUT LA FUGA TOURS PLEASE VISIT US AT WWW.LAFUGA.CC


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The Art of Fine Jewellery squaremile.com |

GALLERY

We continued our ‘Art of…’ series last month with the ‘Art of Fine Jewellery’ held at Bentley & Skinner. With a heritage dating from 1880, the Piccadilly jeweller has the royal warrant for both the Queen and the Prince of Wales. Champagne was provided by Berry Bros. & Rudd – some fitting sparkles to complement the jewellery on show.

Last month, we held one of square mile’s quarterly networking events. These evenings are a great opportunity for meeting people from all walks of City life. It was kindly hosted by Gaucho City: the Argentinian restaurant was a fine location for enjoying good wine, good food and – of course – good company. gauchorestaurants.co.uk

Gaucho City squaremile.com |

squaremile.com

GALLERY

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Go the extra mile squaremile.com |

READER COMPETITION

KEEP IT LEAN: (clockwise from this image) Kishn Thandi, who works for Willis, delves into the magazine while boarding in Alpe d’Huez; Carley King enjoys her copy after finishing the Paris Half Marathon; Duncan Collinge on piste at Sauze D’Oulx, Italy

COMPETITION

WIN A JORG GRAY WATCH

As the European ski season comes to a close, we were particularly impressed with some last minute snow-bound entries this month. Our stand-out winner was Kishn Thandi, who didn’t just take his copy to the pistes, he read it while boarding down them. That’s noble dedication to the cause.

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If you fancy winning a Jorg Gray watch, come up with a creative place to read your latest issue of square mile and send us a photo for evidence. No nudity, please. Unless you have the body for it. ■ Send us high resolution jpegs with subject header ‘Go The Extra Mile’ to letters@squaremile.com.

Each month, the winning photo will earn you a Jorg Gray 5200. This impressive timepiece has a solid stainless steel case featuring an applied index dial, high precision Miyota three-hand movement and a natural leather strap. To enter, tweet us on @square_mile #extramile or email us your photographs at high res to

letters@squaremile.com

squaremile.com


Matt Roberts Fitness Retreats will challenge you to reach a new level of fitness. Five hours of intensive exercise, a cleverly designed menu and range of therapies, all delivered by the Matt Roberts team, combine to revitalise your body and boost your fitness, metabolism and well-being, all in a luxury setting.

Visit www.mattroberts.co.uk/retreats for more info



Square Mile - 90 - The Power Issue