Thursday 27 May 1999
This was no wanton act of vandalism, however. Accompanied by the theme from The Dambusters played by the central band of the Royal Air Force, Lord Levene officially initiated the demolition of Paternoster Square, the long-derelict 1960s office block adjoining the north side of St Paul's Cathedral.
The whole thing is being redeveloped by Schroders and Stanhope together with the Japanese owners of the site, MEC.
Mick Newmarch, the former chief executive officer of Prudential, has popped up as a non-executive director at Weston Medical Board. Weston makes an award-winning needle-free device, Intraject, which is set to transform the way injections are given.
Mr Newmarch, 61, spent 40 years with the Pru before he bowed out a couple of years ago. He is currently a director of Celltech, a biotech company, and chairman of Bourne End Properties.
Who should I bump into at 3i's annual bash at Claridge's on Tuesday night but Michael Stoddart, chairman of Electra Investment Trust.
A bit of a surprise, considering Electra has only just succeeded in beating off a hostile bid from 3i.
The urbane Mr Stoddart says merely: "They were very kind to invite me so I thought I'd go along."
Roel Pieper, 43, is to leave the board of Philips Electronics NV on 1 June, just 13 months after joining. Personally wooed away from Compaq in the US by Philips boss Cor Boonstra to the specially created post of executive vice-president, he had been seen as heir apparent. But a bit tactlessly, Mr Pieper turned himself into a media personality, uttering such sound bites as: "I don't like being number two, I want to be number one."
Mr Pieper's departure brings the number of top-level Philips leavers to eight in the recent past. Among them were two Brits: Dudley Eustace, credited with saving Philips from bankruptcy in the early Nineties, who took early retirement this March; and Doug Dunn, forced out when the consumer electronics division he ran failed to meet its earning targets.
No one has mentioned a payoff for Mr Pieper yet, but he's unlikely to accept anything but a hefty wedge. He arrived from Compaq as a multi- millionaire.
Now is the time of year when the various accountancy bodies introduce their new top brass. The ICA is about to elevate Dame Sheila Masters to its helm. And the Chartered Institute of Management Accountants has appointed "a very keen pianist" as its new president. CIMA David Melvill tells me he is looking forward to showing his young daughter a groove in the floorboards at CIMA's HQ in Portland Place.
Jacqueline du Pre, the famous cellist, lived there when she was a teenager, and the groove concerned is where she used to place her cello stand.
Ms du Pre's father Derek was secretary of CIMA. I must say I missed that particular detail in the recent biopic of the tragic musician ...
- 1 Autistic teenager beaten up by bullies makes them watch 20-minute video about autism
- 2 Nick Kyrgios calls former Olympian Dawn Fraser a 'blatant racist' after she tells Wimbledon star to 'go back where their parents came from'
- 3 World learns of app that shows you who unfriended you on Facebook, app promptly crashes
- 4 Chris Moyles reportedly set to make radio comeback with new breakfast show on XFM
- 5 The Greece debt crisis explained in less than 100 words
Florida man sentenced to two-and-a-half years for having sex on the beach in front of a child
Autistic teenager beaten up by bullies makes them watch 20-minute video about autism
Man who was struck and killed by lightning in Brecon Beacons 'was carrying a selfie stick'
Greece debt crisis as it happened: EU chiefs at loggerheads hours before Alexis Tsipras’s last ditch deal proposals
Florida teacher sentenced to 22 years in prison for sexually abusing three pupils
More Britons believe that multiculturalism makes the country worse - not better, says poll
Osborne to cap family benefits at £23,000 – announced ahead of his post-election Budget
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
Sickness and disability benefits could be reduced by £30 a week as part of £12bn welfare cuts
iJobs Money & Business
£40000 - £95000 per annum: Recruitment Genius: This is an exciting opportunity...
competitive: SThree: Are you passionate about sales?Do you have a keen interes...
£17000 - £30000 per annum: Recruitment Genius: This is an exciting opportunity...
£15000 - £17000 per annum: Recruitment Genius: This company offers a range of ...