Capital Confidential: whispers from U.K. business and politics

Welcome to Capital Confidential — a weekly diary mainstay featuring a best tidbits from around a U.K.’s business and domestic landscape from sister announcement Financial News.

This week: Trump’s adore for a Village People’s strain ‘Macho Man’; and an answer to a poser of where a Lehman Brothers Canary Wharf pointer went…

Trump’s so macho

While Hillary Clinton is lustful of a observant “It takes a village”, it seems her domestic counter Donald Trump takes a Village People. Capital hears from a U.S. embassy view that when a U.S. boss arrived in London for his pell-mell revisit in Jul final year, he requested that he enter Winfield House, a U.S. ambassador’s home in Regent’s Park where he was staying with initial lady Melania Trump, to a sound of a Village People’s 1978 strain “Macho Man”. It is accepted a president’s wish was granted.

Even by a standards of President Trump’s existence TV-style of government, this seems outlandish. Yet Trump is a obvious fan of a song, that is also a distinguished happy anthem. Several of his pre-rally low-pitched playlists, both before and after his choosing victory, featured “Macho Man”. The boss has never publicly explained given he admires a balance (which was never expelled in a U.K. as a single). Perhaps he is drawn to a lyrics, that include: “Every male wants to be a macho macho man/ To have a kind of body, always in demand.” Maybe he has lustful memories of dancing to a strain during a 1970s, when he busy New York nightclub Studio 54.

The source combined that family between a boss and a U.S. embassy became so stretched that some embassy staff refused on element to support in a coordination of his visit. The U.S. embassy press bureau is on interregnum given of a supervision showdown and didn’t get behind to Capital with a comment. Prior to his visit, Trump pounded a U.S. embassy’s new building in Wandsworth, job it “lousy” during a Michigan rally. It is misleading either “Macho Man” got played during that sole rally.

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The Lehman Brothers pointer that ornate a collapsed investment bank’s offices in Canary Wharf was sole to a poser customer in 2010, going for £42,050 in a sale during Christie’s auction house. Capital can now solve a poser of who bought a iconic pointer during a sale of a bank’s art and ephemera, that was systematic by PwC, a gone firm’s administrator.

The pointer was purchased by millionaire landowner Nicholas Johnston, who owns a 3,800-acre estate of Great Tew in Oxfordshire. Prince Harry and Meghan Markle are vital in a £2.5m lodge on a Great Tew estate while their home in a Frogmore estate, Windsor, is being renovated. Johnston’s Cotswolds neighbors embody Victoria and David Beckham, and David and Samantha Cameron (Johnston is an Etonian contemporary of a former PM). Johnston — who is not suspicion to have a credentials in financial — proudly brandished a pointer to a crony of this mainstay when he visited his pad in Great Tew. As befits an determined Jay Gatsby, Johnston wouldn’t lapse calls per either he would be display off a pointer to a Duke and Duchess of Sussex when they subsequent come turn for tea.

Brexit love

The airing of Channel 4 play Brexit: The Uncivil War, starring Benedict Cumberbatch, was not accurately underreported. But Channel 4 discreetly hosted a screening celebration to coincide with a delivery final Monday during Attlee Suite in Portcullis House, Westminster. Attendees enclosed a drama’s author James Graham and Ian Katz, Channel 4’s executive of programs, together with MPs John Redwood and Steve Baker. Vote Leave supremo Matthew Elliott and Lucy Thomas, emissary executive of a Remain campaign, who both underline in a film also showed adult (as did John Heffernan who played Elliott). In contrariety to a Brexit debate, a atmosphere was convivial, and following politicians and creatives went for a splash in a Commons. Capital’s view pronounced a arise was gentle to a fault. Leavers voiced their warn that author Graham had finished Craig Oliver, David Cameron’s former executive of communications, and Thomas a dual categorical Remain characters in a drama, though divulgence on-screen that they had shaped a regretful attribute during a discuss that continues to this day. But a bemusement never reached Thomas, who was in tighten proximity.

Under De radar

Much pushing surrounded a appointment of Mandy DeFilippo as chair of a International Capital Market Association final May. DeFilippo, a handling executive and a conduct of risk government for a bound income and line Europe multiplication during Morgan Stanley, was a collateral markets lobbyist’s initial womanlike chair, prohibited on a heels of a Vogue interview. Yet some ICMA watchers feel a American landowner has been too low profile. “Mandy has finished a few ICMA events given she became chair though she hasn’t finished a waves we was expecting,” says one. “For instance, she’s really most left it to [ICMA arch executive] Martin Scheck to take a lead on Brexit’s impact on a European debt market.” An ICMA deputy begs to differ: “Mandy has been active and will deliver a annual ubiquitous assembly in Stockholm in May.”


Marks Spencer competence not have been means to conjure adult flourishing sales in final week’s gratifying update, though it continues to experiment. However a latest innovation, pleasantness of Millwall-supporting arch executive Steve Rowe, is a misfortune given a hybrid vegetable, a cauliflower-related “biancoli”. Rowe combined a new word when he credited a late swell in business attack MS’s stores to a “calendarisation” of Christmas. Rowe contingency be anticipating investors don’t calendarise a finish of his tenure.

Room though a view

Which large skill investment organisation incurred a rage of reporters after insisting a 2019 opinion media eventuality be hold underneath Chatham House rules, usually for a arch investment officer to be weirdly secretive, even off a record? Hacks anticipating for discernment were left nonplussed when he pronounced he had identified 5 London areas where investments are expected to boom, usually to afterwards be reluctant to name any of them. Poor showing.

Hating U2

Chasing Bono, a new play on during border playhouse a Soho Theatre, is a warn strike and sloping for a West End. Based on a 2004 discourse by Neil McCormick and blending for a theatre by maestro essay twin Dick Clement and Ian La Frenais, Chasing Bono explores a difficult low-pitched attribute between dual teenagers in Dublin, one of whom is a U2 frontman. The source element was formerly finished into a 2011 film called Killing Bono, that was an epic flop, grossing reduction than £250,000 during a U.K. box bureau notwithstanding going on far-reaching release. Killing Bono was also penned by Clement and La Frenais, though a pivotal disproportion between play and film lies in a title. An ex-executive during Paramount Pictures, that expelled a film, recalls: “We knew it would wave as a usually prerelease hum a film generated on amicable media came from terrible U2-hating trolls who took sadistic pleasure during a thought of murdering Bono!”

This article also appears on Financial News.

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Tom Teodorczuk is a MarketWatch party author in New York.

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