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This is London – It also led many in the City to believe the Bank favours a weak currency, prompting a series of downbeat forecasts today. “I’m super bearish on the pound,” said Hans-Guenter Redeker, the London-based head of foreign exchange at BNP Paribas.
“The Bank of England has made it clear it can’t afford a stronger currency.” He forecast the pound would fall to $1.50 in 12 months.
John Taylor, chief executive of New York hedge fund FX Concepts, said sterling will “get crushed” and sink as low as $1.45 in the coming months.
“The fundamentals in the UK are certainly not pretty,” he said. “It’s a race for the least ugly of the candidates, and I would argue that the US is going to be the least ugly for a while.” Others were more upbeat and said the measures taken by the Bank and the Government to ease the slowdown will boost sterling. HSBC predicted the pound would rise to $1.75 by the end of next year — midway between the high of $2.12 in November 2007 and the low of $1.38 in March this year.
This is London – She bought the property close to the top of the market following the break-up of her relationship with hedge-fund multi-millionaire and philanthropist Arpad "Arki" Busson, the father of her two children Arpad Flynn, 11, and Aurelius Cy, six. He now lives with actress Uma Thurman.
Two years ago Ms Macpherson – born Eleanor Nancy Gow – ordered a major interior redesign to create more bathrooms and living space and restored many original features.
She also commissioned celebrity interior designer Jonathan Reed – who has worked for David Bowie and model Claudia Schiffer – to give the six-bedroom house a contemporary minimalist feel.
This is London – Colin Sharpe, 31, disgraced himself at the West End charity ball by making a pass at Joe Delvaux’s wife.
When Mr Delvaux, 28, stepped in to defend her, Sharpe smashed a beer bottle over his head, Southwark crown court heard. The blow narrowly missed his eye and an artery and left him needing at least six stitches.
Sharpe was one of hundreds of guests at the party hosted by financial services giant Credit Suisse at the since-closed Paper nightclub in the Cafe Royal, Piccadilly, on 11 July last year.
