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
Arts and Entertainment
Rita Ora will replace Kylie Minogue as a judge on The Voice 2015
tv
Life and Style
tech
Life and Style
Alan Turing, who was convicted of gross indecency in 1952, was granted a royal pardon last year
life
Arts and Entertainment
Sheridan Smith as Cilla Black and Ed Stoppard as her manager Brian Epstein
tvCilla Episode 2 review: Grit under the glamour in part two of biopic series starring Sheridan Smith
Life and Style
life
Arts and Entertainment
Tennis player Andy Murray's mum Judy has been paired with Anton du Beke for Strictly Come Dancing. 'I'm absolutely delighted,' she said.
tvJudy Murray 'struggling' to let Anton Du Beke take control on Strictly
Life and Style
Vote with your wallet: the app can help shoppers feel more informed about items on sale
lifeNew app reveals political leanings of food companies
News
ebooksAn unforgettable anthology of contemporary reportage
Arts and Entertainment
The cover of Dark Side of the Moon
musicCan 'The Endless River' carry on the tradition? See for yourself
Sport
New Zealand fly-half Aaron Cruden pictured in The Zookeeper's Son on a late-night drinking session
rugby
Extras
indybest
Voices
A new app has been launched that enables people to have a cuddle from a stranger
voicesMaybe the new app will make it more normal to reach out to strangers
Arts and Entertainment
Salmond told a Scottish television chat show in 2001that he would also sit in front of a mirror and say things like,
tvCelebrity Trekkies from Alex Salmond to Barack Obama
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

IT Project manager - Web E-commerce

£65000 Per Annum Benefits + bonus: Clearwater People Solutions Ltd: If you are...

Trainee / Experienced Recruitment Consultants

£20000 - £25000 per annum + OTE £40,000: SThree: SThree are a global FTSE 250 ...

Trainee Recruitment Consultant - Soho

£20000 - £25000 per annum + OTE £40000: SThree: As a Recruitment Consultant, y...

Trainee Recruitment Consultants - Banking & Finance

£20000 - £25000 per annum + OTE £40,000: SThree: SThree Group have been well e...

Day In a Page

Secret politics of the weekly shop

The politics of the weekly shop

New app reveals political leanings of food companies
Beam me up, Scottie!

Beam me up, Scottie!

Celebrity Trekkies from Alex Salmond to Barack Obama
Beware Wet Paint: The ICA's latest ambitious exhibition

Beware Wet Paint

The ICA's latest ambitious exhibition
Pink Floyd have produced some of rock's greatest ever album covers

Pink Floyd have produced some of rock's greatest ever album covers

Can 'The Endless River' carry on the tradition?
Sanctuary for the suicidal

Sanctuary for the suicidal

One mother's story of how London charity Maytree helped her son with his depression
A roller-coaster tale from the 'voice of a generation'

Not That Kind of Girl:

A roller-coaster tale from 'voice of a generation' Lena Dunham
London is not bedlam or a cradle of vice. In fact it, as much as anywhere, deserves independence

London is not bedlam or a cradle of vice

In fact it, as much as anywhere, deserves independence
Vivienne Westwood 'didn’t want' relationship with Malcolm McLaren

Vivienne Westwood 'didn’t want' relationship with McLaren

Designer 'felt pressured' into going out with Sex Pistols manager
Jourdan Dunn: Model mother

Model mother

Jordan Dunn became one of the best-paid models in the world
Apple still coolest brand – despite U2 PR disaster

Apple still the coolest brand

Despite PR disaster of free U2 album
Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits