CITY DIARY

The takeover of Britain's ShareLink by America's Charles R Schwab should result in a grand celebration for the Birmingham entrepreneur David Jones, the miner's son who invested £4,000 to start up the public share-dealing company. His 2.3 million shares will be worth £5.4m in cash and Schwab's loan notes.

The entrepreneur says some of the money will be invested in doing up his beautiful 200-year-old Cotswold manor in the village of Teddington, Gloucestershire, which, since he bought it 18 months ago, has been gutted, re-roofed and given new chimneys. "The garden remains in a terrible mess and I may treat myself to a new JCB," he says.

I hope the work distracts him from the memory of the time when his shares were theoretically worth £9.1m.

God has just recruited a new salesman with impeccable training. The Reverend Douglas Caffyn, a director of the eponymous Sussex-based car dealership, has resigned to become a part-time worker with the Church of England.

The race for the post of Sheriff of the City of London has begun. Elections are due on 26 June and Kenneth Ayers, the managing director of a Middle East investment consultant, is reported to be ready to throw his hat in the ring.

Two Sheriffs are selected each year by the 25,000 members of the City's liverymen. A largely ceremonial position, it includes helping the Lord Mayor promote the City and dealing with local issues such as security in the face of IRA attack.

Last year the shrieval election became the focus of a hard-fought fight between Jonathan Charkham, the Bank of England adviser, and Peter Martinelli, a representative of meat traders at Smithfield market.

This year the ongoing conflict between Michael Matson and the Aldermanic court will hang over the election. Mr Matson was blackballed by the court after his election and is fighting for an explanation.

Last week the IT entrepreneur, who has recently appointed Clifford Chance as his lawyers, was granted leave by the Appeal Court to pursue his case. The hearing will be a month after the election.

The departure of Miles Rivett-Carnac, the former chairman of Barings Securities who resigned yesterday from the councils of the Stock Exchange and Lloyd's, may cause speculation that pressure is getting to the top men at Barings.

In fact Mr Rivett-Carnac, one of the City's great and good, had been unwell for some months following a stroke and his departure was expected by insiders for some time after his doctor advised him to reduce his business commitments. We wish him well in his recovery.

With the retirement from Hewden-Stuart of Sir Matthew Goodwin, Scottish industry is losing a colourful character. Sir Matthew built up the business over 26 years after the plant hire company was bought from Hanson, and became an outspoken treasurer of the Scottish Conservative Party. During the company's expansion of the 1970s he displayed a focused approach to acquisition.

When a rising star called Sandy Finlay, who was yesterday appointed executive chairman, was sent to Aberdeen to seek opportunities in the oil industry he found his telephone calls were not returned. When challenged about this communication problem Sir Matthew replied: "Communication problem? I have not even spoken to him for weeks!" Sir Matthew will be spending more time on his Lanarkshire estate, where dinner guests frequently remark on the deliciously sweet, locally shot duck. The canny entrepreneur feeds the fowl on waste from a friend's caramelised wafer business.

PROMOTED VIDEO
News
ebooksAn unforgettable anthology of contemporary reportage
Life and Style
Britons buy more than 30 million handsets each year, keeping them for an average of 18 months
tech
Arts and Entertainment
Alloysious Massaquoi, 'G' Hastings and Kayus Bankole of Young Fathers are the surprise winners of this year's Mercury Music Prize
musicThe surprise winners of the Mercury Prize – and a very brief acceptance speech
Arts and Entertainment
TV Presenters Ant McPartlin and Dec Donnelly. Winners of the 'Entertainment Programme' award for 'Ant and Dec's Saturday Night Takeaway'
musicAnt and Dec confirmed as hosts of next year's Brit Awards
Arts and Entertainment
Orson Welles made Citizen Kane at 25, and battled with Hollywood film studios thereafter
film
News
video
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

Finance Assistant - Part time - 9 month FTC

£20000 - £23250 Per Annum pro rata: Clearwater People Solutions Ltd: Pro rata ...

Marketing Manager

£40 - 48k + Benefits: Guru Careers: We are seeking a Marketing Manager to join...

Market Risk Manager - Investment Banking - Mandarin Speaker

£45,000 - £65,000: Saxton Leigh: Our client is a well-known APAC Corporate and...

Compensation and Benefits Manager - Brentwood - Circa £60,000

£60000 per annum: Ashdown Group: Compensation and Benefits Manager - Compensat...

Day In a Page

Isis in Syria: A general reveals the lack of communication with the US - and his country's awkward relationship with their allies-by-default

A Syrian general speaks

A senior officer of Bashar al-Assad’s regime talks to Robert Fisk about his army’s brutal struggle with Isis, in a dirty war whose challenges include widespread atrocities
‘A bit of a shock...’ Cambridge economist with Glasgow roots becomes Zambia’s acting President

‘A bit of a shock...’ Economist with Glasgow roots becomes Zambia’s acting President

Guy Scott's predecessor, Michael Sata, died in a London hospital this week after a lengthy illness
Fall of the Berlin Wall: History catches up with Erich Honecker - the East German leader who praised the Iron Curtain and claimed it prevented a Third World War

Fall of the Berlin Wall

History catches up with Erich Honecker - the East German leader who praised the Iron Curtain and claimed it prevented a Third World War
How to turn your mobile phone into easy money

Turn your mobile phone into easy money

There are 90 million unused mobiles in the UK, which would be worth £7bn if we cashed them in, says David Crookes
Independent writers remember their Saturday jobs:

Independent writers remember their Saturday jobs

"I have never regarded anything I have done in "the media" as a proper job"
Lyricist Richard Thomas shares his 11-step recipe for creating a hit West End musical

11-step recipe for creating a West End hit

Richard Thomas, the lyricist behind the Jerry Springer and Anna Nicole Smith operas, explains how Bob Dylan, 'Breaking Bad' and even Noam Chomsky inspired his songbook for the new musical 'Made in Dagenham'
Tonke Dragt's The Letter for the King has finally been translated into English ... 50 years on

Buried treasure: The Letter for the King

The coming-of-age tale about a boy and his mission to save a mythical kingdom has sold a million copies since it was written by an eccentric Dutchwoman in 1962. Yet until last year, no one had read it in English
Can instilling a sense of entrepreneurship in pupils have a positive effect on their learning?

The school that means business

Richard Garner heads to Lancashire, where developing the 'dragons' of the future is also helping one community academy to achieve its educational goals
10 best tablets

The world in your pocket: 10 best tablets

They’re thin, they’re light, you can use them for work on the move or keeping entertained
Lutz Pfannenstiel: The goalkeeper who gave up Bayern Munich for the Crazy Gang, Bradford and a whirlwind trawl across continents

Lutz Pfannenstiel interview

The goalkeeper who gave up Bayern Munich for the Crazy Gang, Bradford and a whirlwind trawl across continents
Pete Jenson: Popular Jürgen Klopp can reignite Borussia Dortmund’s season with visit to Bayern Munich

Pete Jenson's a Different League

Popular Klopp can reignite Dortmund’s season with visit to Bayern
John Cantlie video proves that Isis expects victory in Kobani

Cantlie video proves that Isis expects victory in Kobani

The use of the British hostage demonstrates once again the militants' skill and originality in conducting a propaganda war, says Patrick Cockburn
The killer instinct: The man who helps students spot potential murderers

The killer instinct

Phil Chalmers travels the US warning students how to spot possible future murderers, but can his contentious methods really stop the bloodshed?
Clothing the gap: A new exhibition celebrates women who stood apart from the fashion herd

Clothing the gap

A new exhibition celebrates women who stood apart from the fashion herd
Fall of the Berlin Wall: Goodbye to all that - the lost world beyond the Iron Curtain

The Fall of the Berlin Wall

Goodbye to all that - the lost world beyond the Iron Curtain