People & business: The son of Tarzan is also rising

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The Independent Online
RUPERT HESELTINE has not only inherited the looks of his father Michael - tall and blond - but also his talent for publishing. Heseltine Junior is making good progress in the Haymarket magazine empire founded by his dad in the 1960s.

Rupert, 31, has progressed from senior sales executive on Revolution, Haymarket's "new media" mag, to PR Week as advertising manager, and then ad director. Based in Haymarket's offices in Hammersmith, west London, Rupert has now gone to help launch PR Week in the US, which should help him emerge from the shadow of his glamorous elder sisters, Annabel and Alexandra.

Apparently the media-magnate-in-the-making, who is generally popular with colleagues, is in the habit of telling scruffy members of his sales staff to "put their ties on". Perhaps someone should write a management book about this interesting technique.

SUNDAY BUSINESS, the newspaper relaunched by the Barclay brothers last spring, is to move east from the ITN building in Gray's Inn Road to London Docklands - much to the horror of its 40-odd journalists.

The upheaval is due in January, and there is rebellion in the air. Startled staff were told on Friday afternoon that as the paper's new landlords want to ramp its rent, it's time to move. The Barclay twins are negotiating over two possible sites - Westferry Circus at Canary Wharf, a reporter's notebook throw from The Independent's own offices, or South Quay, recently rebuilt after the IRA bomb.

This means there is a real possibility that Sunday Business editor Jeff Randall and some other former Daily Telegraph journalists may find themselves back in the old Telegraph building in South Quay they moved to in 1987.

The Barclay brothers are also pumping pounds 10m into the operation by buying The Guardian's printing press at South Quay. The press will print Sunday Business and London editions of The Scotsman.

WATCH OUT BT, Lord Young of Graffham is back. The former cabinet minister and ex-chairman of Cable & Wireless yesterday returned to the telecoms industry after a three-year gap. Lord Young, you may recall, was shown the door at C&W after falling out with his chief executive, James Ross.

He has popped up as a non-executive chairman of Inter Digital Networks (IDN), set up in December to handle high-speed data communications for business customers.

Young Associates, the peer's private investment company, has a controlling stake in IDN. David Dey, the former chief executive of Energis, is also on the board as a non-ex.

"Data is going up and up and our main thrust is to partner everybody," Lord Young tells me. "People will deal with us because hopefully we're honest."

BT ALEX.BROWN has struck again with its fourth big sales trader hiring from Warburg Dillon Read in three months. It has poached Joe Mason, who it says is "without doubt one of the most highly respected sales traders in the City". Edmond Warner, head of pan-European Equities at BT Alex.Brown, says Warburg has been a "happy hunting ground" recently.

The bank has also hired David Simmonds, former head of equity trading at HBJC, the private client high net worth side of HSBC; Mark Barnes, an equity sales trader from HSBC Securities; and Elizabeth Strawbridge, who dealt with private clients at Albert E Sharp.

"We sensed that a lot of other houses were traumatised by the turmoil in the markets recently, and the time was right to pick off the dissatisfied and disillusioned," said Mr Warner.