CITY DIARY

Bernd Pischetsrieder, the car-loving chairman of BMW, has fallen foul of the awesome power of his British-made Maclaren F1. Last weekend, the German industrialist, who has a small collection of vintage cars, decided to take one of the British motors, powered by a BMW V12 6.1 litre engine, out for a drive. He was humming alongside Lake Chiemsee in south- east Germany when the vehicle, capable of speeds up to 230mph, left the road in circumstances yet to be explained. One passenger broke an arm but Mr Pischetsrieder and his wife escaped with minor injuries. "Mr Pischetsrieder was back at his desk at 8.00 on Monday morning," reassures the spokesman from BMW.

Maclaren stresses that the accident raises no questions about the safety of the high-performance car. "The car is not just a toy for boys," a spokesman said. "It has been designed in a very radical way and is very useful for tasks like shopping at the supermarket."

The headhunting industry, famous for long lunches, has gained a new business. Hogarth Davies & Lloyd is a new executive search agency run by James Hogarth, former head of capital markets at Yamaichi International, Guy Davies, former director of Kleinwort Benson Securities (Asia) and Nicholas Lloyd, a former lawyer at Yamaichi. The trio claim they were so disappointed by the services offered by headhunters in the past that they decided to set up a company of their own.

The good ol' boys at John Siddall, the Manchester-based broker, have recruited another mature broker to their London trading room. Errol Fuller, 52, was at BZW until 1988 and will be in a room where the average age is approaching 53. "There's nothing the people in this room have not seen," he said.

The latest gem from those masters of marketing is the Benetton pager. Billed as this summer's most desirable accessory, the low-cost pager is being launched today in conjunction with BT and Motorola. Included in its number-only services is a code book that allows those in the know to send special coded messages to the pager-holder. 107 means "come back" and 221 means "why have you not called?" More controversial are the love messages. 618 means "you were incredible" while, for those less talented lovers, the code 608 means "piss off".

Retirement is looking pretty sweet for Peter Duffy, the fund manager at Henderson Touche Remnant. The property specialist, whose career has included spells working with the Red Army and the Daily Telegraph, is quitting his job to take up a string of directorships at property companies including German City Estates, which is connected to Peter Beckwith, and Malcolm Barber's Capital & Regional. He is also looking at doing a little property development of his own around his second home at Le Vignan near Montpellier.

Money should not be a problem. His wife, Antonia Byatt, is one of the country's most popular novelists and a Booker Prize winner. Recently the couple jetted to Cannes to watch the press screening of Angels and Insects, a film based on her book. Mr Duffy was given a chance to meet Patsy Kensit (left), who stars in the film. "I enjoyed the meeting tremendously," the 58-year old fund manager gushes. "She is a very talented woman."

Start your day with The Independent, sign up for daily news emails
PROMOTED VIDEO
Arts and Entertainment
Kara Tointon and Jeremy Piven star in Mr Selfridge
tvActress Kara Tointon on what to expect from Series 3
Voices
Winston Churchill, then prime minister, outside No 10 in June 1943
voicesA C Benson called him 'a horrid little fellow', George Orwell would have shot him, but what a giant he seems now, says DJ Taylor
News
i100
Sport
footballBrighton vs Arsenal match report
Arts and Entertainment
Benedict Cumberbatch has spoken about the lack of opportunities for black British actors in the UK
film
News
ebooks
ebooksA year of political gossip, levity and intrigue from the sharpest pen in Westminster
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Recruitment Genius: Tax Assistant

Negotiable: Recruitment Genius: A Tax Assistant is required to join a leading ...

Recruitment Genius: Outbound Sales Executive - OTE £25,000

£16000 - £25000 per annum: Recruitment Genius: This is an exciting opportunity...

Ashdown Group: Java Developer / J2EE Developer - Watford - £45,000 - £47,000

£45000 - £47000 per annum + bonus + benefits: Ashdown Group: Java Developer / ...

Ashdown Group: Marketing Product Manager - (Financial Services) - SW London

£35000 - £38000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...

Day In a Page

Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign

What the six wise men told Tony Blair

Months before the invasion of Iraq in 2003, experts sought to warn the PM about his plans. Here, four of them recall that day
25 years of The Independent on Sunday: The stories, the writers and the changes over the last quarter of a century

25 years of The Independent on Sunday

The stories, the writers and the changes over the last quarter of a century
Homeless Veterans appeal: 'Really caring is a dangerous emotion in this kind of work'

Homeless Veterans appeal

As head of The Soldiers' Charity, Martin Rutledge has to temper compassion with realism. He tells Chris Green how his Army career prepared him
Wu-Tang Clan and The Sexual Objects offer fans a chance to own the only copies of their latest albums

Smash hit go under the hammer

It's nice to pick up a new record once in a while, but the purchasers of two latest releases can go a step further - by buying the only copy
Geeks who rocked the world: Documentary looks back at origins of the computer-games industry

The geeks who rocked the world

A new documentary looks back at origins of the computer-games industry
Belle & Sebastian interview: Stuart Murdoch reveals how the band is taking a new direction

Belle & Sebastian is taking a new direction

Twenty years ago, Belle & Sebastian was a fey indie band from Glasgow. It still is – except today, as prime mover Stuart Murdoch admits, it has a global cult following, from Hollywood to South Korea
America: Land of the free, home of the political dynasty

America: Land of the free, home of the political dynasty

These days in the US things are pretty much stuck where they are, both in politics and society at large, says Rupert Cornwell
A graphic history of US civil rights – in comic book form

A graphic history of US civil rights – in comic book form

A veteran of the Fifties campaigns is inspiring a new generation of activists
Winston Churchill: the enigma of a British hero

Winston Churchill: the enigma of a British hero

A C Benson called him 'a horrid little fellow', George Orwell would have shot him, but what a giant he seems now, says DJ Taylor
Growing mussels: Precious freshwater shellfish are thriving in a unique green project

Growing mussels

Precious freshwater shellfish are thriving in a unique green project
Diana Krall: The jazz singer on being friends with Elton John, outer space and skiing in Dubai

Diana Krall interview

The jazz singer on being friends with Elton John, outer space and skiing in Dubai
Pinstriped for action: A glimpse of what the very rich man will be wearing this winter

Pinstriped for action

A glimpse of what the very rich man will be wearing this winter
Russell T Davies & Ben Cook: 'Our friendship flourished online. You can share some very revelatory moments at four in the morning…'

Russell T Davies & Ben Cook: How we met

'Our friendship flourished online. You can share some very revelatory moments at four in the morning…'
Bill Granger recipes: Our chef serves up his favourite Japanese dishes

Bill Granger's Japanese recipes

Stock up on mirin, soy and miso and you have the makings of everyday Japanese cuisine
Michael Calvin: How we need more Eric Cantonas to knock some sense into us

Michael Calvin's Last Word

How we need more Eric Cantonas to knock some sense into us