Sun, sea and a strong pound. What more could an expat want?

People & Business

The strong pound has re-ignited the British love affair with Marbella on the Costa del Sol. This sunny hangout of such luminaries as Ronnie Knight, Sean Connery, Princess Di and King Fahd is also home to up to half a million Brits. More will be heading that way if the pound's resurgence continues.

Lovell, one of the few remaining British contractors and developers in the area, had a hard time of it during the recession - everyone got their fingers burnt in the Eighties.

Now Stephen Draper, a Spanish-based director of Lovell, says that within the last two months the price of a top villa in Marbella has fallen from pounds 465,000 to pounds 410,000, due entirely to the weakness of the peseta against sterling.

Lovell is still building - and selling - villas in the area, so if a City bonus is burning a hole in your pocket, give them a call.

A rumour is sweeping City parlours that Liffe is building "the biggest bog in Europe" at its Cannon Bridge offices, where 3,000 futures traders daily ply their trade.

A spokeswoman for Liffe confirms that it is indeed completing a large new "cloakroom".

"There are so many traders that we have had to dispense with locker facilities. The traders all arrive at once, so the cloakroom has to be quite big," she says.

Yes, but does it contain this huge new loo, as rumoured? "I don't know. I haven't been there - nor want to," replies the Liffe representative.

I never realised why the high street banks were so reluctant to stump up for the millennium exhibition when Michael Heseltine was twisting their arms for pounds 10m last year.

The banks at the time said they "couldn't see a commercial justification for it," which seemed a bit churlish since it's supposed to be a national celebration.

Now, according to a banking source, all becomes clear. Hezza proposed that they spend the money on a gigantic "gallery of banking." Hardly a crowd-puller.

Now Lord Alexander of NatWest, Sir Brian Pitman of Lloyds and the rest have agreed to donate around pounds 100,000 each to a comparatively modest "celebration of the City of London".

That seems more like it, although it still hardly sounds like a threat to Euro Disney.

Steven Joseph, chairman of Portfolio Foods, is fast turning into a serial entrepreneur. He bought eight businesses from Hazlewood in 1990 to form Portfolio with backing from NatWest Ventures, then sold most of the business to Cadbury Schweppes last year.

Now he has taken over as chairman of another NWV-backed company, Decorative Sleeves, a supplier of shrink and stretch sleeves in the packaging industry. NWV led the management buyout of Decorative Sleeves last September for pounds 13.7m.

Mr Joseph's new job will mean some commuting from his north London base with Portfolio to DS in East Anglia. He is also looking for other business opportunities with NWV.

Still only in his mid-40s, Mr Joseph has five children, but is worried about comparisons with that other serial parent, Nicola Horlick of Morgan Grenfell fame. He had to reassure a colleague recently that he wouldn't be charging off to Frankfurt.

Roy Hall, doyen of the nuclear generation industry, is finally retiring as chief executive of Magnox Electric after over 40 years in the electricity sector.

Magnox, formerly Nuclear Electric, is Britain's fifth largest electricity generator. Still wholly owned by the Government, it operates six Magnox- type nuclear stations producing around 8 per of electricity used in England and Wales. Dennis Joynson, executive director of liabilities and decommissioning, will effectively take over Mr Hall's job, under the new title of managing director, operations, from 1 October.

Dr Clive Smitton, executive director, generation, and Stephen Ogle, executive director, finance and commercial, will continue in their current roles.

Mr Hall started out as a trainee engineer in the electricity engineer in 1956, and had spells as station manager of Trawsfynydd and Hinkley Point. A big part of Magnox's job at the moment is to decommission ageing nuclear generators. Mr Hall has used this expertise as chairman of the World Association of Nuclear Operators Paris Centre, a body created following the Chernobyl disaster, to improve safety standards world-wide.

PROMOTED VIDEO
Voices
Ukip leader Nigel Farage arrives at the Rochester by-election count
voicesIs it any wonder that Thornberry, Miliband, and Cameron have no idea about ordinary everyday life?
Sport
sportComment: Win or lose Hamilton represents the best of Britain
Life and Style
tech
News
ebooksNow available in paperback
Extras
indybest
Sport
Arsene Wenger reacts during Arsenal's 2-1 defeat to Swansea
footballMan United and Arsenal meet on Saturday with both clubs this time languishing outside the top four
News
i100BBC political editor Nick Robinson had a lot of explaining to do
News
A girl plays on a Sony 'PS Vita' portable games console
news
Life and Style
Nappies could have advice on them to encourage mothers and fathers to talk to their babies more often
newsTalking to babies can improve their language and vocabulary skills
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

Reach Volunteering: Trustee – PR& Marketing, Social Care, Commercial skills

Voluntary Only - Expenses Reimbursed: Reach Volunteering: Age Concern Slough a...

Reach Volunteering: Charity Treasurer

Voluntary Only - Expenses Reimbursed: Reach Volunteering: Crossroads Care is s...

SThree: Trainee Recruitment Consultant - Soho

£20000 - £25000 per annum + OTE £35,000: SThree: We consistently strive to be ...

Ampersand Consulting LLP: Markit EDM (CADIS) Developer

£50000 - £90000 per annum + benefits: Ampersand Consulting LLP: Markit EDM (CA...

Day In a Page

US immigration: President Obama ready to press ahead with long-promised plan to overhaul 'broken system' - but will it get past a Republican-controlled Congress?

Immigration: Obama's final frontier

The President is ready to press ahead with the long-promised plan to overhaul America's 'broken system' - but will it get past a Republican-controlled Congress?
Bill Cosby rape allegations explained: Why are these allegations coming out now? Why didn’t these women come forward earlier? And why has nobody taken legal action?

Bill Cosby rape allegations explained

Why are these allegations coming out now? Why has nobody taken legal action? And what happens next for the man once thought of as 'America's Dad'
Four years of excruciating seizures caused by the 1cm tapeworm found burrowing through a man's brain

You know that headache you’ve got?

Four years of excruciating seizures caused by the 1cm tapeworm found burrowing through a man's brain
Travelling to work by scooter is faster than walking and less sweaty than cycling, so why aren’t we all doing it?

Scoot commute

Travelling to work by scooter is faster than walking and less sweaty than cycling, so why aren’t we all doing it?
Paul Robeson: The story of how an American icon was driven to death to be told in film

The Paul Robeson story

How an American icon was driven to death to be told in film
10 best satellite navigation systems

Never get lost again: 10 best satellite navigation systems

Keep your vehicle going in the right direction with a clever device
Paul Scholes column: England must learn to keep possession and dictate games before they are exposed by the likes of Germany and Brazil

Paul Scholes column

England must learn to keep possession and dictate games before they are exposed by the likes of Germany and Brazil
Michael Dawson: I’ll thank Spurs after we win says defender as he prepares to return with Hull

Michael Dawson: I’ll thank Spurs after we win

Hull defender faces his struggling former club on Sunday ready to show what they are missing. But he says he will always be grateful to Tottenham
Frank Warren column: Dr Wu has big plans for the professionals yet he should stick to the amateur game

Frank Warren column

Dr Wu has big plans for the professionals yet he should stick to the amateur game
Synagogue attack: Fear unites both sides of Jerusalem as minister warns restoring quiet could take 'months'

Terror unites Jerusalem after synagogue attack

Rising violence and increased police patrols have left residents of all faiths looking over their shoulders
Medecins sans Frontieres: The Ebola crisis has them in the headlines, but their work goes far beyond West Africa

'How do you carry on? You have to...'

The Ebola crisis has Medecins sans Frontieres in the headlines, but their work goes far beyond West Africa
Isis extends its deadly reach with suicide bombing in Kurdish capital

Isis extends its deadly reach with suicide bombing in Kurdish capital

Residents in what was Iraq’s safest city fear an increase in jihadist attacks, reports Patrick Cockburn
Underwater photography competition winners 2014 - in pictures

'Mysterious and inviting' shot of diver wins photography competition

Stunning image of cenote in Mexico takes top prize
Sir John Major: Negative West End portrayals of politicians put people off voting

Sir John Major hits out at theatres

Negative West End portrayals of politicians put people off voting
Kicking Barbie's butt: How the growth of 3D printing enabled me to make an army of custom-made figurines

Kicking Barbie's butt

How the growth of 3D printing enabled toy-designer to make an army of custom-made figurines