The City Magazine September 2014 by Runwild Media Group

THE THEHEAD HEADSAYS SAYS YES. YES. THE THEHEART HEARTSAYS SAYS DEFINITELY, DEFINITELY,YES. YES.

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7283 7283 GhibliGhibli DPS for DPS The forCity The420x297.indd City 420x297.indd All Pages All Pages

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issue no.

September 2014

cOVER STORY: THE PERSONAL TOUCH

contents

A penchant for Porsches? Prepare to be stirred by the fanatical work of Singer Vehicle Design

p15

FEATURES 26

THE ART OF GENTLEMANLY GAMBLING Where to go after dark: welcome to some of London’s most exclusive casinos

BUSINESS & WEALTH – LEADERSHIP special L eadership: the qualities that define it, the power it possesses and the potential it yields

RENAISSANCE MeN After a spectacular five years, there is no slowing down for the global menswear market

106

THE BIG HITTER Henry Hopwood-Phillips talks drive with European Ryder Cup captain Paul McGinley

108

PLAYING THE COURSE Ahead of this month’s Ryder Cup, Chris Hall takes to the course that started it all

112

MIKE TINDALL The rugby legend and MBE talks memorable moments, sport vs. business and what’s on the horizon

104

REGULARS

FOOD: leading ladies Our man about town Nick Savage meets some of London’s most celebrated female chefs

LIFESTYLE: LIFe after the city Ex-insurance broker Leo Mellis on setting up British menswear brand Leo Joseph

56 COLLECTION: HART OF THE MATTER

Roger Baker discusses brands, business and burgeoning times with Fraser Hart CEO, Noel Coyle

FASHION: AuTUMN/WINTER 2014 Six trends from the Autumn/Winter runways

ART & INTERIORS: PUT IT IN CONTEXT Interior designer Katharine Pooley talks respecting the past and having a vision for the future

104

LIFESTYLE: TECH TALK See our pick of four wireless Bluetooth headphones, designed for your listening pleasure

116

MOTORING: CIRCUIT TRAINING Matthew Carter takes Peugeot’s RCZ R coupé on to the track

122

TRAVEL: BE UNIQUE Worldwide destinations that turn their back on predictability

168 HOMES & PROPERTY: LANDMARK MEETs LUXURY

Inside the highly-anticipated riverside development, One Tower Bridge

Infiniti Q50 Available from

£289*

+ VAT per month

FOLLOW THAT INSTINCT

You feel the pull the moment you see its curves. But when you get behind the wheel, instinct really takes over. Driving you to experience the 170 PS direct injection turbo-charged Diesel or the 211 PS 2.0l turbo-charged Petrol engine. Forcing you to feel the visceral pleasure of world-first Direct Adaptive Steering. It’s time to follow your heart and give in to your instinct. Book your test drive now at infiniti-instinct.co.uk

INFINITI CENTRE PICCADILLY, 77 Piccadilly, London W1J 8HU. 020 3130 6726 Official fuel economy figures for the Infiniti Q50 range in mpg (l/100 km): urban 29.4 to 50.4 (9.6 to 5.6), extra urban 53.3 to 76.3 (5.3 to 3.7), combined 41.5 to 64.2 (6.8 to 4.4). CO2 emission: 159 to 114 g/km. Official EU Test Figures. For comparison purposes only. Real world figures may differ. Model shown: Infiniti Q50 Sport 2.2d 6MT with optional metallic paint and electric glass sunroof at OTR price £34,260. BUSINESS USERS ONLY. Example based on 3 rentals in advance followed by 35 monthly repayments, 10,000 miles per annum on a non-maintained (you are responsible for all maintenance and servicing costs) contract with non-metallic paint. Finance provided by Infiniti Financial Services Limited, PO Box 149, Watford WD17 1FJ. Subject to status. Terms and conditions apply. Guarantees and indemnities may be required. You must be 18 or over and a UK resident (excluding Isle of Man and Channel Islands) to apply. At the end of the contract you will not own the vehicle. Further charges may apply subject to mileage and condition at end of contract. Visit your local dealer for full details. Offers valid on eligible vehicles ordered before 30 September 2014. Subject to availability. Private customer offers are also available. Infiniti Europe, Zone d’Activités La Pièce 12, 1180 Rolle, Switzerland.

issue no.

SE P T E M B E R 2 0 1 4

Contributors

E d i t or-in-Chi ef Lesley Ellwood

M a n a ging Editor Emma Johnson (maternity leave)

De p ut y Editor Richard Brown

a s s i s tant Editor tiffany eastland

M o t o ring Editor Matthew Carter

C o l lec tion Editor Annabel Harrison

Sta ff Writ er

H E NRY HOP W OOD PHIL l IPS

J OS E PHIN E O ’ DONOGHU E

M AR K W E STALL

Based in the Cotswolds,

Mark is editor-in-chief of

Henry Hopwood-Phillips is a

Josephine has worked as a

digital contemporary art

failed entrepreneur who now

writer and editor for six years,

magazine FAD and on the

ruminates on a lost youth

specialising in lifestyle, travel ,

advisory panel for STRATA Art

in the City, the Military, and

culture and local features. This

Fair. An advocate of emerging

the Church. Henry meets

month Josephine debates how

talent, Mark introduces us to

one of golf ’s more colourful

young is too young to immerse

Jacky Tsai , an artist on the

characters, Ryder Cup captain

our children in culture.

cusp of greatness.

Paul McGinley.

Melissa Emerson

E d i t o rial int er n amy welch

Se ni o r Design er Grace Linn

BRAND CONSIST EN CY Laddawan Juhong

Ge ne ral Manag er Fiona Fenwick

Pr odu ct ion Alex Powell Hugo Wheatley Oscar Viney Amy Roberts

P ro pe r t y D ir ect or Samantha Ratcliffe

He a d of F inan ce Elton Hopkins Big Bertha V Series, £229, Callaway Golf, callawaygolf.com

Artist Wooden Horse Model, £130, National Gallery, nationalgallery.com

The Sun Rises on the West, £POA, Jacky Tsai, jackytsai.com

E x ec ut ive D ir ect or Sophie Roberts

M a n a g ing Di rector Eren Ellwood

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One Canada Square, Canary Wharf, London, E14 5AX T: 020 7987 4320 rwmg.co.uk

M ATTH E W C ART E R

SI M ON B ROO K E

ST E PH E N DOIG

Matthew is a former editor of

Simon is an award-winning

Stephen has written about

Autocar and a noted freelance

journalist who writes about

style, travel and trends for

journalist who’s been writing

men’s fashion and style and the

Vogue, Harper’s Bazaar, The

Members of the Professional Publishers Association

about cars for most of his

luxury sector for The Financial

Telegraph and Mr Porter.

working life. In this issue,

Times and The Sunday Times

Stephen shows us where to

Matthew puts the Peugeot

among other publications.

go after dark, uncovering

responsibility for unsolicited

RCZ R coupé through its

For The City Magazine, Simon

London’s most exclusive

submissions, manuscripts and

paces out on the track.

discusses the thriving British

casinos.

shoe sector.

Runwild Media Ltd. cannot accept

photographs. While every care is taken, prices and details are subject to change and Runwild Media Ltd. take no responsibility for omissions or errors. We reserve the right to publish and edit any letters. All rights reserved. Subscriptions A free online subscription service is available for The City Magazine. Visit the subscriptions page

RCV R, from £31,995, Peugeot, peugeot.co.uk

Alex in Black Calf, £385, Crockett & Jones, crockettandjones.com

Leather Poker Set, £395, Aspinal of London, aspinaloflondon.com

on our website: rwmg.co.uk/subscribe

issue no.

September 2014

f r o m t h e E D I TOR

EADERSHIP means different things to different people. Some share the belief of Chinese philosopher and ancient Taoism deity Lao Tzu. To him “a leader is best when people barely know he exists, when his work is done, his aim fulfilled, they will say: we did it ourselves.” Others trust in the merits of a more combative style of leadership. “When you can’t make them see the light, make them feel the

heat,” said the 40th President of the United States, Ronald Reagan. The idea of leadership has inspired a multitude of movies, myriad books and many a corporate away day. It is a

concept in this issue we take time out to explore. Following the recent retirement of rugby legend MIKE TINDALL, we speak to the World Cup winner about the life that beckons and the leadership styles of the men under whom he served, names like Lawrence Dallaglio, Martin Johnson and Sir Clive Woodward (p. 112). ‘cen tral to the All Bl acks success is a phrase – ‘Better People Make Better All Bl acks’. It is the belief that if you cre ate le aders off the field, they are

As the curtain closes on one career, another would-be hero steps into the light. As RYDER CUP captain, Paul McGinley is charged with the task of retaining golf ’s famous gold trophy for Europe. Popular on the motivational speaking circuit, Paul is about to have his leadership skills put to the test. He tells us about fulfilling his potential on page 106. You can’t contemplate success without studying the story of the ALL BLACKS (p. 36)

more likely to stand up and be le aders on the field.’

– p. 37 –

– statistically-speaking, the most successful sporting team on the planet. Central to the All Blacks’ all-conquering achievements is spirituality, which manifests itself most affectingly in the haka. To the All Blacks, the world is an unbroken line of people, stretching from the

beginning of time to the end of eternity. The sun moves along this line, shining on the now, their moment in the light. It is an All Black’s responsibility to represent all those who came before him, and all those who are yet to come. They aim to “leave their jersey in a better place”. It’s a poignant concept and one that’s worth considering during our own moment in the light.

the editor

Other titles within the Runwild portfolio

| LIFESTYLE |

The Personal Touch Variously described as motoring’s most important sports car and the most alluring vehicle on the planet, the Porsche 911 has been cutting one of the sultriest silhouettes in motoring since its inception in 1963. In celebration of the genius of the company and the men who created it, Singer Vehicle Design has been adding its own touches to the iconic racer since 2009. With the aim of updating performance, aesthetics and modern-day usability, the LA-based firm modifies its clients’ motors from a unique artistic perspective. The result is a mash-up of golden-era motoring design and cutting-edge 21st-century cool. As well as chassis and body modifications,

Singer Vehicle Design has the ability to tailor engines, exhausts and transmissions, suspension, brakes and wheels, plus interiors, electrics and lighting to the needs of individual clients – think of your old 911 as a blank canvas for self-expression. The company’s engines are comprehensively stripped and then meticulously blue-printed, balanced and hand-built using state-of-the-art componentry. Choose the 3.8L version and you get an engine developed with Cosworth that’s billed as the ultimate compromise between a high-revving, high horse-power Porsche engine and a torque-rich, tractable and durable engine for the road. Something to consider during bonus season perhaps. singervehicledesign.com

THE CITY MAGAZINE | September 2014

THE CITY EDIT Walk the Line

Picture Perfect Actor, racing driver and WWII-decorated sailor, Paul Newman was one of the most accomplished leading men of the last century. A style guru with a penchant for fine watches, he oozed charm and secreted cool – seen nowhere better than in the limited-edition print below. The print is one of 10 from the Impossible Cool Venice Collection, collated from one of Italy’s greatest hidden photographic collections, the Archivio Cameraphoto Epoche. From Sophia Loren (pictured) to Ernest Hemingway, the prints beautifully capture 20th-century icons in Italy’s legendary city of canals. Newman, we salute you.

You’re a modern man of self-respecting sophistication. You already know all about John Lobb’s 150-year history and the selfassured feeling of accomplishment that comes with owning a pair of the brand’s shoes. So you don’t need us to draw your attention to these William II leather monk-strap shoes, the epitome of exquisite craftsmanship and quintessential English style. William II leather monk-strap shoes, £735, johnlobbltd.co.uk

Both £115 each, soniceditions.com

Doggy in the Window What to get the man who has everything? How about this solid carbon-fibre Bulldog from Alfred Dunhill? Made using manufacturing techniques normally reserved for Formula 1 cars, the dog stands 30cm tall and will be made in a limited run edition of 25 pieces. Like everything else possessing of an Alfred Dunhill label, the bulldog comes with a ludicrously expensive price tag. Like everything else possessing an Alfred Dunhill label, it’s also thoroughly well-made and will last a lifetime. Carbon Fibre Large Bulldog, £40,000, dunhill.co.uk

ABOVE FROM TOP Newman in Venice framed photograph; Loren in Venice framed photograph

Classic Carry-on Why fix what’s not broken? Globe-Trotter hasn’t. It has been manufacturing the same designs via the same processes for more than a century. The company’s latest piece of attention-grabbing luggage is a compact carry-on made from vulcanised fireboard and featuring brown leather trim, multiple handles and a wheeled base. Previous Globe-Trotter fans include Sir Winston Churchill, Robert Falcon Scott and Sir Edmund Hillary. Need we say more? Special Edition 18” Carry-on Case, £840, mrporter.com

THE CITY MAGAZINE | September 2014

| LIFESTYLE |

Bottoms up

City Cycling Before turning his hand to design, Paul Smith dreamed of becoming a professional cyclist. Revisiting his previous passion, the fashion czar has teamed up with British bespoke bicycle brand Mercian. The result of the collaboration is this fixed-gear beauty. Hand-crafted in matte-black steel and fitted with a range of high-end kit, including a handmade Fizik saddle and Mavic Ellipse wheels, it’s sure to turn heads in the City. Mercian fixed-gear bike, £4,995, mrporter.com

Spicy on the nose and rich mahogany in colour, the new single malt Dark Origins from Highland Park breaks across the tongue as smoothly as a smile across the face of Sean Connery. Inspired by the spirit of company founder Magnus Eunson, expect a wellbalanced palate, mellowing to maraschino cherries with warm dark-chocolate notes. Highland Park Dark Origins Single Malt Scotch Whisky, £65, harrods.com

Depths of style Never been near a snorkel in your life? Not to worry, the C60 Trident Pro is as striking out of water as it is under it. Taking design cues from Rolex’s famous 1954 GMT Master, the C60 successfully walks its own line in terms of athletic style and quality finishing. For less than a monkey, you get Swiss precision, a self-winding movement and a 38-power reserve. C60 Trident Pro Automatic, £450, christopherward.co.uk

Work of Art No artist before or since has produced such a vast, multifaceted and wide-ranging œuvre as Michelangelo Buonarroti. Now, thanks to a new book by Taschen, we can explore the artist’s life and work like never before. Complete with a richly-illustrated biographical essay and a complete four-part inventory of his paintings, sculptures, buildings and drawings, Michelangelo. Complete Works details the artist’s vast repertoire, while considering his more personal traits, such as his solitary nature, his thirst for money, his immense wealth and his skill as a property investor. It’s the best coffee-table book The City Magazine has seen for years. Michelangelo. Complete Works, £49.99, taschen.com

THE CITY MAGAZINE | September 2014

CITY social

get the inside info on the food and drink scene with our favourite hotspots, new openings and top products

St Barts Brewery 66 West Smithfield, EC1A 9DY, 020 7600 2705, stbartsbrewery.com

We all eat and it would be a sad waste of opportunity to eat badly

Xxxxxxxxxxxxxxxx

â&#x20AC;&#x201C; Anna Thomas â&#x20AC;&#x201C; author of The Vegetarian Epicure

24 Cornhill, EC3V 3ND, 020 7337 6767, forgedinlondon.com

THE CITY MAGAZINE | September 2014

St Barts Brewery recently opened its doors in the heart of West Smithfield, revealing a rustic interior of reclaimed wood floors, mismatched furniture and fresh lager-filled copper tanks. Food takes a modern approach to familiar classics; the Smithfield marketsourced produce caught our eye, while as the name suggests, you can expect an impressive range of craft beers and guest ales. The mezzanine and upstairs bar are available to reserve, and a dedicated coordinator is up for the challenge of corporate and private events.

Fire and Ice Inhabiting a space previously occupied by infamous Abacus, Forge opened in the City this summer and is taking things back to basics, specialising in ice-cold beers, cocktails and flame-cooked meats. The cocktails are mysteriously unnamed. Instead, they are numbered according to their style, so you can cut to the chase and go for your favorite categories, from Martinis to Champagne cocktails. The open-plan kitchen reveals the heart of the restaurant, the fire, the pit and the spit, admittedly sounding like something out of Game of Thrones. It sends out choice meats, succulent steaks and quirky specialities like Coca-Colaglazed ribs and cider belly pork.

Far from uncivilised, however, the interiors have an industrial luxe feel, with copper lighting and leather booths against strippedback brick walls. A versatile space, the building also houses a cavernous basement area for extended after-work drinks or latenight partying, with private booths bookable.

| NEWS |

Foodie haven Borough Market is a prime spot for quality ingredients, but if you don’t feel like cooking them yourself, Roast restaurant atop the market has it covered. Sourcing seasonal ingredients, the restaurant supports many of the market’s stallholders.

Here’s a visual menu of City ’s picks:

Summer in the city

5 Threadneedle Street, EC2R 8AY, 020 7657 8295, hotelthreadneedles.co.uk

Threadneedles Hotel is offering the ideal way to toast summertime in London, with a Champagne afternoon tea celebrating figures from British history. In an informal setting under the hotel’s stained-glass dome, guests are invited to sample tiers of cakes, tarts and sandwiches with each one dedicated to major influencers including Queen Elizabeth I, Princess Diana, Sir Isaac Newton, Sir Winston Churchill and John Lennon – making for an interesting debate over tea. On our visit, we tucked into slivers of smoked salmon and roast beef and found staff members to be effusively friendly and the serving sizes generous. It’s also worth noting that while this afternoon tea eschews much of the pomp and ceremony beloved of tourists, the lounge is relatively peaceful and a table can be arranged in the award-winning Bonds Restaurant, making it perfect for hosting a meeting close to HQ.

The Italian Job

Bath pig chorizo croquettes with whipped peas and shoots

Chargrilled Aubrey’s 28-day dryaged rib-eye steak

Pan-fried Scottish halibut

Sticky date pudding with toffee sauce and crème fraîche

“We make fresh pasta like no one in London, right in front of your eyes”

This month, we took five with Uberto Jasson D’Oria and Patrick Philion, the founders of new City restaurant Scarpetta. With Uberto’s background in food and Patrick’s in investment banking, it’s an interesting combination, but the pair tell us they’re “best of friends”. They attribute their bond and “passion for food” to the fact that they are “all Italians, all staff included”, and this drove them to “emulate the reality of Italy’s local food communities” in London. They are keen on natural ingredients and “following local regional recipes based on the season”, giving City workers a more authentic way to eat healthily, and without them feeling too hard done by. The restaurant, reflecting their ideals of quality and simplicity, is clean and uncluttered but retains a “rustic” edge. If there’s no time for a lunch break, they also promise coffee “as good as if in Italy”. 110 Cannon Street, EC4N 6EU, 020 7283 3688, scarpetta.me

Vanilla espresso Martini

THE CITY MAGAZINE | September 2014

| FEATURE |

Bon Viveur

Our man-about-town, Innerplace’s Nick Savage, gives you the insider lowdown on eating out in London

London’s leading ladies

n spite of some massive steps forward, women remain in the minority in senior positions in London’s professional kitchens. In 2014, of the 167 restaurants awarded Michelin stars in the United Kingdom, only 10 employed women as head chefs and only three recipients of The World’s Top 50 Restaurants were female-led. So it’s heartening to see that some of the capital’s top culinary talents have both an X and Y chromosome. The following are London’s most accomplished epicurean minds.

ABOVE Clare Smyth

ABOVE April Bloomfield RIGHT Sam Williams

Angela Hartnett Angela Hartnett is perhaps the most celebrated British woman chef of this decade, having come up under the clamorous employ of Gordon Ramsay. Not only has she earned a Michelin star, but she also has championed female gastronomes including head chef Pip Lacey at Murano and head chef Sam Williams at Café Murano. With additional projects at Merchants Tavern in Shoreditch and the Lime Wood Hotel doing a booming trade, Hartnett looks poised to follow in her mentor’s footsteps. Hélène Darroze Hélène Darroze came of age at her family’s Relais & Château restaurant and hotel in Villeneuvede-Marsan. She now holds two Michelin stars at each of her eponymous restaurants in London and Paris. On a recent lunch visit at The Connaught I was lucky enough to enjoy her rather novel menu, where the ordering process revolves around selecting a marble from a solitaire board with a prestige ingredient inscribed on it. The coup de grâce of the meal was a baba wheeled to the table on a trolley with a selection of Francis Darroze armagnas, one of which was 40 years old. Clare Smyth Full disclosure, I haven’t yet visited Restaurant Gordon Ramsay, but I’d be remiss to omit chef patron Clare Smyth from this list. Not only is she one of only four chefs to have earned three Michelin stars in Britain, but she is also one of six female chefs across the globe to have earned three stars.

ABOVE Hélène Darroze RIGHT Angela Hartnett

Innerplace is London’s personal lifestyle concierge. Membership provides complimentary access to the finest nightclubs, the best restaurants and top private members’ clubs. Innerplace also offers priority bookings, VIP invitations and insider updates on the latest openings. innerplace.co.uk

THE CITY MAGAZINE | September 2014

April Bloomfield Ms Bloomfield is a born and bred Midlands woman who rattled the pans at Bibendum and The River Café before decamping to NYC. The Spotted Pig is handsdown one of my favourite restaurants on the planet, and a perennial stop whenever I make it back to the States. Her laidback and hip dining destinations The Breslin and The Spotted Pig have earned a Michelin star each, and she has carved out a space for herself in the Big Apple as arguably the city’s most renowned female chef. Skye Gyngell Skye Gyngell won London’s hearts and palates at the Petersham Nurseries Café, not to mention a shiny Michelin star. She seems to thrive in beautiful settings, as she’ll be shifting her efforts to the heart of the City this October, when she opens her newest venture, Spring, in the New Wing of Somerset House. Gyngell made her mark in London at The French House with Fergus Henderson as well as The Dorchester with Anton Mosimann before taking the reins at the Richmond eatery.

17th of September 1755. In the offices of the solicitor Mr. Choisy, a young Master Watchmaker from Geneva named Jean-Marc Vacheron is about to hire his first apprentice. This agreement is the first known reference to the founding watchmaker of a prestigious dynasty and it represents the establishment of Vacheron Constantin, the oldest watchmaking manufacturer in the world in continuous operation.

Patrimony Perpetual Calendar Hallmark of Geneva, pink-gold case, ultra-slim mechanical movement with automatic winding, calibre 1120 QP, moon phases. Reference: 43175/000R -9687

www.vacheron - constantin.com

www.thehourlounge.com

Ever since this agreement, and true to the history that built its reputation, Vacheron Constantin has been committed to passing on its knowledge to each of its Master Watchmakers in order to guarantee the excellence and durability of its craftsmanship and of its timepieces.

37 Old Bond Street, London Telephone 020 7312 6929

10914784.11901_VAC_CityMag_297x210_2.1.indd 1

19/08/2014 16:30

SERVE UP AN ACE at Lee Valley Hockey and Tennis Centre

Brand new indoor and floodlit outdoor courts for hire

Book your court now

visitleevalley.org.uk 08456 770 604

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18/08/2014 09:30:52

| LIFESTYLE |

Life IN Fifteen minutes with the Square Mile stalwarts of which every City sybarite should be aware…

ue Cloke ran Harvey Nichols’ cheese department, and previously Paxton & Whitfield – arguably London’s most famous cheese shop in Jermyn Street – before founding Cheese at Leadenhall in Leadenhall Market. Sue is a regular judge at the British Cheese Awards and the World Cheese Awards. As well as selling a wide variety of cheese and gift sets, Cheese at Leadenhall hosts cheese tours, private cheese tastings and wine, beer and port pairing evenings.

Sue Cloke

What inspired the move from Jermyn Street to the Square Mile? In my previous job I supplied much of the cheese served in the directors’ dining rooms in the City. I have always enjoyed the work ethos and energy in the City, and Leadenhall Market is a very beautiful building.

Founder and owner of Cheese at Leadenhall

Biggest difference between the typical Mayfair and City customer? A Mayfair customer will come in for a browse, whereas a City customer will have a clear idea of what they want. What makes Leadenhall Market such a fantastic venue for a traditional cheesemonger? It is steeped in food history and was for many years a food trading market, which sold meats and cheeses. The English country cheesemakers would bring their cheeses to Leadenhall, and then traders would distribute them to their London customers. What are your best-selling cheeses? Our 22-month-matured Comte Reserve, Quickes Matured Cheddar, Colston Bassett Stilton and Vacherin, when in season. Give us an under-the-radar gem… Brie de Meaux with black truffles. Best wine and cheese pairing? Barkham Blue cheese with Manga del Brujo, a red wine from Spain, or Stinking Bishop and New Hall Pinot Gris from Essex. Best cheese to buy for the boss? A heart-shaped Godminster organic vintage Cheddar! Worst cheese you’ve ever eaten? A blue cheese from Spain that will remain nameless… What would you do as Mayor of London? Heavily fine people who drop litter. © Kiev.Victor

Give us your best cheese-related trivia… More than 3,000 cheeses will be judged at the 2014 World Cheese Awards. More than 1,200 British cheeses are judged at the British Cheese Awards. Stilton has a PDO (Protected Designation Origin) and can only be made in Leicestershire, Nottinghamshire and Derbyshire. Tell us a cheese-related joke. What happened when the cheese shop fell down? All that was left was the De-Brie. Cheese at Leadenhall is hosting a City Cheese Walk on Saturday 25 October. After a historic tour of the City, attendees will return to Cheese for an informal cheese and wine tasting and a food-related quiz. Tickets £35 pp. cheeseatleadenhall.co.uk

THE CITY MAGAZINE | September 2014

| LIFESTYLE |

Life AFTER The Square Mile alumni making waves away from the fickle waters of finance

fter three years as an insurance broker, in spring 2014 Leo Mellis launched Leo Joseph, a luxury British menswear brand. Leo started out designing pocket squares for his friends in the City. Discovering he had a talent for print and sourcing high-quality fabrics, he moved into fashion. Today, Leo Joseph resortwear takes inspiration from the wildlife of South Africa. Acacia trees, rhinos, tigers and flamingo prints adorn swim shorts and shirt cuffs, all of which are tailored to suit a modern European aesthetic. What inspired the move from spreadsheets to swimwear? The desire to build a business of my own. The key was finding something which from both a business and personal perspective made sense. Having lived in sun-soaked Cape Town, swimwear was at the front of mind, and I knew there was room in the market. Biggest difference between fashion and finance? Producing a physical product. I’m involved in just as much financerelated work to day as I was before. The major difference between the two has been the manufacturing, producing a physical product for people to wear.

Leo Mellis Age: 29 Previous Life: Indemnity insurance broker, Miller Insurance Current Occupation: Fashion designer and founder of menswear brand Leo Joseph

Most significant lesson learnt since going it alone? Patience. I’ve learned some pretty hard lessons in a short space of time and the most important one is being patient. The next is to learn from your mistakes. The key to running a successful business? Building the right team around you. It’s amazing how many people in such a short space of time I’ve turned to for support and help. We’re a customer-centric company and as we grow we shall build a team that supports that ethos. Biggest risk you’ve ever taken in your life? Leaving the City to launch Leo Joseph. You’re building something based on projections and a determination to succeed. Whilst I know where I’ll get to, it’s still an outright risk. Biggest mistake you’ve ever made? Renting a scooter in the South of France. I was involved in an accident and I’m very lucky to still be around today. I do, however, not regret it as it changed my path and I’m now doing what I love. The thing you are most scared of is… Stonefish. Three historical or living figures you’d like to have dinner with? Ralph Lauren, Richard Branson, Nelson Mandela. Person you’d most like to punch in the face? Myself sometimes. In the next two years you are going to… Have taken the step from being a company that produces a product (or two) to becoming a small brand. Essentially we’ve got a lot of work to do but it’s an exciting road to be on… leojoseph.co.uk

THE CITY MAGAZINE | September 2014

Favourite Book: When The Lion Feeds by Wilbur Smith

Film: Point Break City: Cape Town Restaurant: Emily Moon (Plettenberg Bay, South Africa) Holiday Destination: South Africa

FROM THE FIRST WHISTLE TO THE LAST Wembley Stadium is home to the most important games in football, from The FA Community Shield and the UEFA EURO 2016 qualifiers to The FA Cup Final. To find out how you can guarantee your place at this yearâ&#x20AC;&#x2122;s biggest sport and entertainment events with Club Wembley, call 0800 783 1440

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The Art of

Gentlemanly Gambling Today, you’d be forgiven for thinking that London’s after-dark offerings had become despondently homogenised. And you’d be wrong WORDS: stephen doig

THE CITY MAGAZINE | September 2014

| FEATURE |

he city that gave the world some of the most legendary evening experiences might seem, to outsiders, to have waned on this front in recent years. But quietly, a bubbling current of cool has been evolving, where behind hushed doors members gather and indulge in a pastime that’s been the cause of public scrutiny; luxury gambling in ultra-plush, impeccably run casinos. Off the back of George Osborne hiking a levy on gambling earlier this year, and with talk about crass super-casino metropolises being set for gaudy locations in Manchester and Blackpool, the charm of proper, old-school, gentlemanly gambling holds even more allure. As we all know, when someone wags a finger at an apparent social XX, it only serves to heighten its illicit, forbidden-fruit appeal. Even today, casinos hold a certain kind of debonair dash and charm. Casinos are James Bond posturing in a tuxedo, they are Robert de Niro, they are the Rat Pack (Sammy Davis Jr, Dean Martin and Frank Sinatra) swapping tips and trades with the golden age of MGM starlets. And luckily, some of London’s most exclusive clubs (those that you’ve probably never heard of) still evoke that sense of gentlemanly refinement. The handsome, Georgian architecture, vaulted ceilings and twinkling crystal chandeliers that make up the interior of the historic Crockfords casino was founded circa. 1828 in the heart of Victorian St. James’ by William Crockford. The founding member was notably the Duke of Wellington; Crockfords acted as a social hub, casino,

Main gaming floor at The Ritz Club

In an age when the gentlemens’ club is a thing of the past, gaming institutions pick up their mantle and offer a veritable rumpus room of playful delights gentlemens’ club and a key backdrop to aristocratic life. Today, the warren of spectacular rooms that unfold within the club’s confines (all rich velvets and dark tones) attract the world’s most discreet gaming enthusiasts, who opt to play rounds of American roulette, blackjack, baccarat and casino poker. Two large-scale private areas – the Penthouse Suite and The London Room – offer a hushed, enclosed space in which to lay down your chips. The restaurant and bar are a welcome distraction if the heat of the blackjack table gets too much; re-think your strategy over a stiff Manhattan perhaps. What marks clubs like Crockfords above the throng of casinos that, perhaps, cheapen the experience is their sense of quiet luxury and class. In an age when the gentlemens’ club is a thing of the past, gaming institutions pick up their mantle and offer a veritable rumpus room of playful delights, in the most dashing of environs. And none come more richly decorative than the Ritz Club casino, a den of gaming delights inside the Ritz Hotel in Piccadilly. It’s here that hotel guests, as well as members, can

THE CITY MAGAZINE | September 2014

| FEATURE |

The Cocktail Bar at the Colony Club

The entrance to Crockfords

revel in the gold-gilt Edwardian glamour of the club. The experience starts ( for non-hotel-based members) the moment you leave your front door – the club will arrange for a limousine to whisk you to the Ritz and furnish you with whatever you need to make your visit more comfortable, thanks to a dedicate concierge service. The main gaming arena takes place in the sprawling former ballroom of the Ritz Hotel – a veritable temple of gaming grandeur – where games include roulette, blackjack and three-card poker along with the more well-known Punto Banco, with the option available to play 24 hours a day, seven days a week. Hidden behind plush velvet curtains, a fine-dining restaurant as well as dark, decadent bar offer respite and access to a stand-alone cigar shop. “We’re one of the most luxurious and exclusive private members’ club to be found anywhere in the world, with a membership that caters solely for VIPs”, says Roger Marris, the club’s chief executive officer. On the other side of Mayfair, the Colony Club in Hertford Street opened its doors in 1996, taking its name and style from the original Colony Club that operated in Berkeley Square and was infamously associated with the actor George Raft. Unlike the more elite gaming clubs, such as Crockfords and the Ritz, this is an entirely contemporary affair; sleek lines, mood lighting and thoroughly 21st-century touches give the feeling of being quietly enclosed inside the first-class compartment of a rather roomy airplane. The club even runs an annual competition to find the city’s most innovative cocktail mixologist. The world of gaming might draw associations with Las Vegas slot machines and mass-culture commercialism, but at least these institutions offer a world of exclusivity, refinement and gentlemanly élan in which to try your luck.

THE CITY MAGAZINE | September 2014

The Colony Club is an entirely contemporary affair; sleek lines, mood lighting and thoroughly 21st-century touches give the feeling of being quietly enclosed inside the first-class compartment of a rather roomy airplane

SKYLINE

THE CITY MAGAZINE | September 2014

As 3D printers go supersize, the streets constructed for the price WORDS: MIKE PEAKE

co of

he ice

| FEATURE |

construction industry may be about to change for ever â&#x20AC;&#x201C; imagine houses built in a day and whole of an apartment

Landscape House by Janjaap Ruijssenaars of Dutch company Universe Architecture. Images of the building feature an infinite design, without a beginning or end.

THE CITY MAGAZINE | September 2014

|FEATURE |

he idea of taking the now fairly commonplace 3D printer and supersizing it so that King Kong could use it to make himself new things to smash is, perhaps, the last word in scalability. Think not of creations in centimetres, but in metres. In hundreds of metres, in fact: by applying basic 3D printer technology to a nozzle on a gantry that is fed by a ready supply of concrete, it’s easy to see how a large building could rise from the earth in no time. For more than a year now, the notion that buildings could be made with an industrial version of a 3D printer has become a major international talking point, with proponents claiming whole streets could be erected quickly, cheaply and with less fuss than the norm. They say that 3D-printed houses would be eco-friendly, cause less noise during construction and could transform the lives of millions. The gauntlet was laid down earlier this year, when a Chinese construction firm made some admittedly rather boxy houses using walls created with 3D printers and then bolted them together. Now, Californian professor Behrokh Khoshnevis, a leading light in the field of what he calls Contour Crafting and a pioneer of printed house technology, wants to go one further… Khoshnevis, 62, is currently raising funding to build his first, fully-functioning industrial-scale 3D construction ‘printer’ which will create a whole house layer by layer from the ground up. He says that once his machine is up and running, a three-bedroom family home could be built in 24 hours and for a fraction of the usual cost. Whole streets could be built for the price of a luxury Mayfair apartment. And because the design of the houses would be dictated by the information the machine was being fed from a computer, no two buildings need ever be identical. “From the moment I first became aware of its possibilities I knew that Contour Crafting was going to go very far,” says Khoshnevis. “The advantages include a superior surface finish and, of course, the speed of fabrication.” In a matter of weeks, a street of 20 detached, individually-designed homes could be built by his revolutionary bit of kit, and second-generation 3D house printers would even be able to include electrical and plumbing cavities in the walls. But it is construction on a grander scale that makes Contour Crafting seem even more exciting. Because in the not-too-distant future, Khoshnevis sees city centres being transformed by his machines too. “Major construction projects using Contour Crafting will be much faster than the conventional approach,” says the professor, “so there will be far fewer problems with traffic congestion, dirt and debris and hazards for pedestrians and cars in construction zones.” In an ever-evolving city like London, where you often can’t walk 50 yards without having to dodge scaffolding or a line of construction trucks, that kind of thinking could be a godsend. But how would it work? For the construction of tall office buildings, Khoshnevis says that one way to do it would be to have his machine wrapped around the building and rising up with it as it grows. Another way would be to just keep moving the machine upwards. “You’d build the first floor and move the machine onto that to build the second floor and so on,” he says. In Dubai, where construction has been the buzzword for two decades, the idea of 3D-printed buildings is already catching on. “They are all interested,” says Khoshnevis. “I’ve had a lot of

THE CITY MAGAZINE | September 2014

In Dubai, where construction has been the buzzword for two decades, the idea of 3D printed buildings is already catching on

3D Printshow Old Billingsgate London 4-6 September 2014 3dprintshow.com This year’s 3D Printshow showcases speakers such as Janjaap Ruijssenaars of Dutch company Universe Architecture. His latest project is the highly anticipated Landscape House, pictures of which we’ve used here. Working in collaboration with mathematician and artist Rinus Roelofs, Ruijssenaars’ images of the building feature an infinite design, without a beginning or end.

expressions of interest by a lot of well-known builders. They all want it ready and say they will buy it when it is. Even skyscrapers would be possible. There are multiple applications.” Indeed there are – Khoshnevis is also working on plans to send his 3D printers up into space, to help NASA build a moon base. “What I’m proposing is a serious alternative for planetary construction,” he says. As he steadily moves his idea into the framework of a business, rather than a university project, Khoshnevis hopes to see a rapid acceleration of his work. But it’s all relative, and we shouldn’t expect to see his machines making the world’s building crews redundant for a while yet. “It’s not going to replace the construction industry,” says Khoshnevis. “It’s just going to start with a small sector of it. Construction is a field that encompasses not just houses but everything from roads to tunnels to bridges, and nothing’s going to happen overnight.” And, in any case, he sees his technology as augmenting the current way of doing things, not decimating construction as we know it. “In 1900, 62 per cent of Americans were farmers,” he says, “whereas today the figure is less than 1.5 per cent. The world did not come to an end, and the same will be true in construction.” contourcrafting.org

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CITY BRIEFING

cont ent s

| BUSINESS & WEALTH |

Boris vs. Boleat Britain has “nothing to fear” from life outside the European Union, said Mayor of London Boris Johnson last month. The City of London Corporation’s Policy chairman Mark Boleat was quick to quip back. “According to our polling – and others from the likes of the CBI and TheCityUK – the vast majority of businesses favour staying in the EU,” he said. “The future prosperity of London and the country depends upon it.”

£6

Million... The figure Andrew Brogden and Robert Reid claimed Investec had failed to pay them in bonuses between 2010-2011, despite them having made substantial losses during that period. The claim of the former traders was thrown out in court for being “wholly incredible”.

P 38

P 40

P 44

Paint it Black – Secrets of Success from the World’s Most Successful Sporting Team

Business and Leadership Lessons from Tesco Bank CEO Benny Higgins

The Best-Kept Secret of Amazon founder Jeff Bezos

Leading from the Front by Team Sky manager Sir Dave Brailsford

business & wealth:

Leadership

£43k... The amount fare-dodging former BlackRock manager Jonathan Burrows allegedly saved by bunking the train each day. Reportedly earning more than £1m a year, 44-year-old Burrows deliberately dodged his daily £21.50 daily fare from Kent into London.

P 36

overview

ver the next 11 pages you’ll find a section of our Business & Wealth report dedicated to the notion of leadership; the qualities that define it, the power it possesses, the potential it yields. With the help of financial services and commodities technology specialists Harrington Starr, we start by considering the might of the all-conquering All Blacks, the most successful team in the history of sport. What makes them tick, what makes them hungry, what makes them take to the field on every occasion with a divine sense of duty? From rugby pitch to retail banking, what leadership lessons can we take from Tesco Bank CEO Benny Higgins? The charismatic Glaswegian has won plaudits for both his distinctive managing style and his long-sighted business plans. Toby Babb considers how any manager in any sector can benefit from studying the decisionmaking choices of the fabled Scotsman. Keeping over-achievers as a theme, we conclude the section by analysing the defining attributes of Sir Dave Brailsford, a man that Team GB can thank for its dominance in the 2012 Olympic velodrome and to whom Sir Bradley Wiggins and Chris Froome both find themselves indebted thanks to their triumphs in the Tour de France. City employees might also like to hear that Brailsford believes there is a direct correlation between salary spend and performance. Tell your boss now.

THE CITY MAGAZINE | September 2014

LEADERSHIP SPECiaL

Paint it Black Words: James Kerr, author of Legacy - 15 Lessons in Leadership

THE CITY MAGAZINE | September 2014

Secrets of success from the world’s most successful sporting team

| BUSINESS & WEALTH |

t has been said that the All Blacks are the most successful team in any sport on the planet. Their statistics are extraordinary. Over 100 years, the All Blacks have won more than 76 per cent of their international matches. They’ve scored twice as many points for as against, lost at home only 36 times and been rated the number one side in the world for longer than all other international teams combined. Ireland has never beaten them. Scotland has never beaten them and Wales, one of the world’s great rugby nations, last defeated them in 1953. They were the first world champions, are the current world champions and they went last season undefeated. They currently hold all the silverware it is possible to hold. What is the secret of their success? And what can we as leaders learn from them? To begin, a story. We’re inside the All Blacks dressing room – what they call ‘the sheds’. The men in black have just walloped Wales in the last test at Carisbrook in Dunedin. Dan Carter, the highest ever scoring rugby player in world rugby, has just posted a sublime 25 points. Afterwards, the sheds are filled with well-wishers; the Prime Minister, celebrities, sponsors, their sons, their sons, best friends... Eventually the room is cleared and it is just the All Blacks. They debrief, everybody in turn, in the manner of a Maori meeting house. They drink a toast, to their victory, their captain, and to Carisbrook. Someone says, “Ok boys, lets go”. Which is when they do something unexpected. Two of the senior players – both International Rugby Players of the Year – each grab a long-handled broom and begin to ‘sweep the sheds’. “Because no one looks after the All Blacks. The All Blacks look after themselves”. It is this focus on character, on small, telling actions like sweeping the sheds, that helps set the All Blacks apart. In fact, central to the All Blacks’ success is a phrase – Better People Make Better All Blacks. It is the belief that if you create leaders off the field, they are more likely to stand up and be leaders on the field. To promote character from within, the All Blacks embrace the art of storytelling. They focus relentlessly on the stories, symbols and rituals of the team – including the world-famous haka.

The All Blacks believe ‘Better People Make Better All Blacks’. If you create leaders off the field, they are more likely to stand up and be leaders on the field “What people don’t seem to realise,” says All Blacks mental skills coach Gilbert Enoka, “is that we were close to losing the haka. It had lost its meaning.” So the All Blacks decided to reinvent it. They called in the services of taonga, or wise man, Derek Lardelli, and together they rewrote one of New Zealand’s sacred texts. The Folk Song Kapa o Pango’s key role in the All Blacks mindset is to connect the players – to the soil, to each other, to their community and to the long lineage that they represent. Central to the haka is a Maori spiritual concept, whakapapa. This is best understood by imagining a long unbroken line of people, stretching from the beginning of time to the end of eternity. The sun moves along this line, shining now on this, their moment. It is the All Blacks’ responsibility when their time comes to represent all those who came before them – their ancestors – and all those who will come after – their descendants. The All Blacks call it “Leaving the jersey in a better place” or “Adding to the Legacy”. They know that with this higher purpose comes higher performance. It’s worth thinking about. If better people make better All Blacks, they also make better CEOs and COOs, better supply chain managers, compliance officers, line managers and project managers ... better doctors and lawyers, fathers and mothers and brothers and sisters and friends. The secret of the All Blacks’ success is their ethos – their character, which is based on deep, well-founded values. It is something that we all might be more aware of in this post-credit crisis world in which we each seek to leave our own particular jersey in a better place.

THE CITY MAGAZINE | September 2014

LEADERSHIP SPECiaL

Business & Leadership Lessons from Tesco Bank CEO Benny Higgins Words: Toby Babb, managing director, Harrington Starr

recent MAG-networking event hosted by The Realization Group saw a truly exceptional keynote from the outstanding Tesco Bank CEO Benny Higgins. The charismatic Glaswegian was at his enigmatic best, freely quoting poetry and literary quotes with incredible precision. As he told the inspirational story of the rise of the bank, I was struck by the clarity of the lessons he gave and their relevance to any business and any leader in any sector. There was the clear influence of having worked closely with the legendary Sir Terry Leahy of whom he spoke of regularly and in glowing terms. Here are seven lessons in business and leadership I took away from the event: 1. Big decisions should be driven by the question ‘IS IT the right thing for the customer?’ Leahy’s book Management in 10 Words regularly mentions the significance of ‘Every Little Helps’ in decision making through its stores. Higgins clearly has taken heed and was steadfast in stating that decisions may not be profitable, but if they were the right thing for the customer then the bank would take the hit. The phenomenal results that the bank has enjoyed since its launch are testament to the success of that strategy. Are all of your decisions made with the customer’s interests at heart? 2. Curiosity is a key feature of leadership

Curiosity leads to insight that leads to decisions that make a difference. That restlessness and constant desire to learn and improve is THE consistent theme amongst all of the great leaders I have studied. 3. World-class listening is the key to world-class leadership Higgins believes that another of the key skills that a leader should have is to listen to his or her customers, employees and peers. A dictatorial leader rarely prospers, and listening leads to the insight that allows better decisions to be made.

THE CITY MAGAZINE | September 2014

4. You cannot communicate enough It was clear that Benny Higgins knew how to tell a story. Hugely engaging, witty and highly articulate, he shares Terry Leahy’s view that over-communication is central to engagement. Great leaders ensure clarity and precision in their messages and gain engagement through consistent, regular internal communication. It’s good to talk! 5. Composure is key. Poise is central to leadership A ship needs a captain who will not wilt under pressure, who oozes a calm authority in a crisis. Sir Clive Woodward is often quoted around his T-CUP (Thinking Clearly Under Pressure) theory. It is a common theme seen throughout sport, military and business that poise under pressure and composure in crisis is a fundamental skill mastered by the greatest leaders.

| BUSINESS & WEALTH |

CITY BRIEFING 6. Leadership is about courage A leader must be decisive and have the courage to do the right thing. This is echoed in the first point. Tesco regularly took bold and expensive moves such as the massive investment in ClubCard. It threatened to eat much of the profit from a skinny P&L and certainly represented a significant gamble. This was, however, right for the customer, even though it was a long-term play and would lose the store a fortune in the short term. Ultimately, though, it was the move that saw Tesco rise to become one of the world’s most successful grocers. Higgins is taking courageous moves throughout the bank and re-shaping retail banking in the UK. That courage to focus on the long-term strategy rather than focus on short-term gain in any business takes huge amounts of courage. Well-judged, calculated risk does, however, bring huge rewards.

7. It is no longer enough to have a digital strategy, you need a strategy that is digital That quote from Higgins shows the direction of Tesco Bank for the years ahead. With digital an ever-increasing force in global retailing, we are starting to see the financial services sector wholly embrace it. Will the ranking of the retail banks remain the same in five years’ time? Our belief is that we will see the likes of Amazon, PayPal, eBay, maybe even an Apple, truly enter the market. With Sainsbury’s, Tesco and Metro Bank already changing the face of the sector, we see digital as the future of banking. Benny Higgins and Tesco, it would seem, agree.

Good news for the investment trust industry: the sector is flourishing in the post-RDR environment. AIC has just revealed overall industry assets reached an all-time high of at the end of June this year.

£115bn

There is an exciting period ahead for Tesco Bank. With a truly exceptional man at the helm, I believe the rise and rise of the bank will hold headlines for years to come.

Ending the night on a high, literally, two daredevil BASE jumpers leapt from Canary Wharf ’s 48th floor Attic Bar at Pan Peninsular. Later pulled over by police, the lads confessed the jump was something the pair had been planning for years. Consult Google for the hairraising video.

£6 54

and Male The vital stats of the Global CEO according to data tech company Qlik. They would also have attended either Oxford, Cambridge or Harvard apparently. Who’d have thought?

THE CITY MAGAZINE | September 2014

LEADERSHIP SPECiaL

The Best Kept Secret of Amazon founder Jeff Bezos Words: Richard Kilgarriff, founder of Bookomi, a book-based networking company

’m going to let you in on a secret; how one of the most successful business leaders of the 21st century got his team to share his vision and change the world of retailing forever. First, I’m going to tell you about three books that could change your world… NB If you’re too busy to read my recommendations, feel free to jump to the penultimate paragraph for the reveal, and by doing so you will be demonstrating my point entirely. In his excellent book Lessons From the Top, broadcaster Gavin Esler describes the Three Universal Stories That All Successful Leaders Have to Tell in order to stand out from (and lead) the crowd: “First, the leader has to explain ‘Who am I?’ as a person. Then he or she outlines ‘Who are we?’ as a group to followers or potential followers. Finally the leader tells us ‘Where will my leadership take us?’ in our common purpose.” This triumvirate of tales has worked for great leaders such as Nelson Mandela, Bill Clinton, Margaret Thatcher and er, Angelina Jolie, so who’s to say they can’t work for you? Meanwhile, the top three traits of successful salespeople can be found in an equally excellent book by Dan Pink called To Sell is Human, The Surprising Truth About Moving Others. In it, Mr Pink suggests that the modern day salesman (as opposed

THE CITY MAGAZINE | September 2014

Above from left The Innovator’s Solution by Clayton Christensen; Lessons From the Top by Gavin Esler; The Goal by Eliyahu Goldratt; The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone; To Sell is Human, The Surprising Truth About Moving Others by Dan Pink; The Effective Executive by Peter Drucker

Richard Kilgarriff

to the old fashioned variety) will be in command of three important characteristics; Attunement, Buoyancy and Clarity (an ABC of selling if you like). According to the author, owning such traits will keep you in touch with your customers without depending on them for your self-respect. It will also keep you in business, which is good. The third book I’m prescribing is The Everything Store: Jeff Bezos and the Age of Amazon, which is also the Goldman Sachs/Financial Times Business Book of the Year. I had the pleasure of hosting a lunch with Brad late last year on the day he won the coveted award. The book is a forensic account of an incredible business empire, led by an incredibly complex man with an astonishingly simple method of galvanising the intellect of his most trusted executives. So here it is, the secret of Jeff Bezos’ success... On his way to turning Amazon into a £90bn company, Jeff Bezos told all the right stories a la Lessons from the Top and he amply demonstrated his command of Pink’s ABC. However, one of the most interesting examples of his unique method of leadership was his insistence of taking three full days out during a crucial, frantic time in the early days of Amazon to read and discuss three books in great detail with his team.

| BUSINESS & WEALTH |

CITY BRIEFING A disgraced Manhattan investment banker committed insider trading not out of greed but love. Frank Hixon Jr. tipped his Texan girlfriend on upcoming deals only so she could afford to raise their love child, he admitted to a court - and his wife.

£200k+

It takes a very confident leader to step back from the reactive habits of daily business to reflect properly upon ideas with his or her team

The books under discussion in the Bezos business book club were The Effective Executive by Peter Drucker, The Innovator’s Solution by Clayton Christensen and The Goal by Eliyahu Goldratt, but don’t look for the secret of his success in their subject matter. The real secret here is that he made time to stop, read and talk about the books with his team. On at least one occasion by meeting the author face-to-face, despite the demands of implementing change in a fast-moving environment. In doing so he allowed them to absorb the same curated, high-level, deep-tissue thinking back into their business. It’s not rocket-science (although Bezos is interested in that too), but it takes a very confident leader to step back from the reactive habits of daily business to reflect properly upon ideas with his or her team. In a world of endless data capture and constant distraction, the act of reading books and talking about them in person is one of the best ways to engage thought and retain ideas in the collective mind of a business. People who read together work together. If you have the time, feel free to share this little secret with whomever you want.

Inspiring optimism in a buoyant market is benefitting senior executives the most. The bracket of jobs seeing the most significant amount of growth begins around the £200k mark, reports headhunting firm InterExec. Unadvertised senior executive roles have increased by more than 30 per cent year on year to July 2014.

Intern Hours A year on from the death of Bank of America Merrill Lynch intern Moritz Erhardt, the bank says its interns “do not work weekends” and “accrue four days of holiday entitlement during their internships.” Elsewhere, JP Morgan now makes its junior staff take off one whole weekend a month; Goldman Sachs is discouraging staff from working Saturdays; and Deutsche Bank says interns working at weekends is now the exception rather than the rule.

THE CITY MAGAZINE | September 2014

LEADERSHIP SPECiaL

How to Create Hunger i Words: Rasmus Ankersen, co-founder of 21st Club

t was a summer evening in 2011, three years after the launch of the iPhone that I gave a lecture at a conference a few hours’ drive outside Helsinki. At the dinner I realised that I was sitting next to three Nokia employees. They had all experienced both the greatness and the fall. Although they were reluctant to admit it, they all now had an iPhone in their pockets. Admitting that you don’t own a Nokia smartphone is akin to being a Vatican official turning up at morning mass with a copy of Richard Dawkin’s bestselling The God Delusion. As we talked over dinner, I got the impression of a company which in its heyday was able to persuade employees to pursue its goals with almost religious

THE CITY MAGAZINE | September 2014

conviction. But also a company which in the rush from its success totally lost itself, and for several years denied reality as the perfect picture began to collapse. For Nokia, there was life before and after the iPhone. In just a few years the world domination turned into a bombed ruin. Ever since I met with the three Nokia employees, I had been wanting to write my new book Hunger in Paradise. What went wrong with Nokia? How could this iconic, successful company fall so deeply in the course of just a few years? How could the same people who made Nokia so successful also be the reason for its gigantic failure? There is no doubt that at the heart of success lies the reason for failure. While we talk a lot about how to achieve success, we talk way too little about the consequences of success. About the complacency, arrogance and the fear of losing it all again, which often follow as

a shadow of success. Success produces complacency. It happens to individuals, companies and nations. But how do you stay humble when the company cashes in record profits, and how do you provide people with the feeling that they are standing on a burning platform when there are no flames in sight? Or put it in another way: How do you create hunger in paradise? Over the past two years I have travelled the world to hunt for the answers to these questions. Based on case stories about Apple, LEGO, Blockbuster, Manchester United, Southwest Airlines, NOMA restaurant and Nokia, in Hunger in Paradise I present the four lessons we need to learn: by putting them into practice, you can avoid becoming another victim of complacency. 1. NEVER TRUST YOUR SUCCESS Successful organisations relate too uncritically to their own success. They assume that their success is the result of good decisions, but this is far from always the case. The fact is that a company’s performance is wrapped in a thick layer of luck and contextual variables that even the best leaders have no control over.

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r in Paradise To stay on top, successful organisations have to fight the feeling that they have reached the summit of the mountain

If you think you are successful because you are better than everyone else when actually your success comes down to temporary contextual advantages, you have a problem. Your problem is that you can’t consciously repeat your success if you do not fully understand or recognise what really created it. That is why any successful organization should treat its successes with the same degree of self-examination with which it treats its failures. 2. BURN YOUR TROPHIES Companies that are struggling on the edge of failure are forced to evaluate themselves critically and to aggressively seek any opportunity for improvement. Successful companies, however, are often satisfied with the status quo. They want to see the current pattern continue. This means that while the best teams improve with maybe 5 per cent per year, the next best improves with 10 per cent, and thus the balance of those strategies serves constantly to narrow the difference between the two. Because the winners by nature are left with the answers, and the losers have questions. To stay on top, successful organizations have to fight the feeling that they have reached the summit of the mountain. It requires them to mentally burn their trophies; that they be willing to stage their success as a failure in order to see the potential for improvement. 3. IF IT AIN’T BROKEN, CONSIDER BREAKING IT Successful businesses don’t fail because they lack resources, but because they become obsessed with protecting what they have and get locked in an emotional

attachment to what worked in the past. They look at the market and think: How can we protect our existing business? Instead, they should be thinking: If we did not have a business, how could we best build one? How can we give our customers the best possible experience and product? Success often flips the focus from creating something unique and extraordinary to protecting what you have. If successful organisations want to remain successful and re-invent, they must be able to detach themselves emotionally from what made them successful yesterday. They need to understand that if they do not have the guts to disrupt their own success, then others will come and do it for them.

CITY BRIEFING Shoreditch’s hipsters are giving property developers the evil eye (through thick-rimmed glasses, of course) as more luxury apartments are planned for the area. The ‘Keep Tech City Weird’ campaign is calling for developers to put Shoreditch’s people before property and profit.

Skytime Jets – the private jet charter business – has announced the launch of its new generation card. Through a partnership with Cater Allen Private Bank, Skytime Jets funds the opening and management of a personal Escrow account for each card holder. Ownership of the card also promises the type of money-can’t-buy lifestyle experiences that only serious money can buy.

4. KILL THE ILLUSION OF PERFECT CONDITIONS Many competitive advantages are created by crises and constraints that force people to think differently than they did yesterday. That is exactly the problem with success and the abundance of resources that often comes with it. With success follows more employees, more time, more money and more power in the market, and paradoxically these privileges often make an organisation less effective and less creative. The best organisations understand that if you give a team the full time they ask for, or the full budget they want, or the full number of people that they need, those teams will never execute anything of significance. They also understand that the magic happens when someone is able to create a compelling vision and add some challenging constraints to it.

eVestment has conducted research into which European universities asset management firms draw most of their graduates from. As predictable as rain during Wimbledon, the top three were Oxford, Cambridge and the London School of Economics.

rasmusankersen.com

THE CITY MAGAZINE | September 2014

LEADERSHIP SPECiaL

18 Lessons in Leadership

from British Olympic cycling coach and Team Sky manager Sir Dave Brailsford Words: Toby Babb, managing director, Harrington Starr

ecently I met Sir Dave Brailsford, performance director of Team Sky and the man behind some of the most celebrated British sporting stories of the last century. Brailsford has built on Peter Keen’s work to engineer Olympic dominance for Team GB in the Velodrome. Going further than this, his bold predictions came true when Sir Bradley Wiggins became the first Brit to win the Tour de France and followed it up with a back-to-back win for Chris Froome the following year. Sir David Brailsford is a sponge, a man constantly striving for knowledge and without doubt one of the greatest leaders of his generation. So what can we in business learn from his incredible achievements in cycling? Here are the 18 lessons in leadership that Brailsford shared for a winning formula. 1. Do the simple things excellently It was legendary NFL coach Vince Lombardi who was quoted as saying that “excellence is achieved by the mastery of the fundamentals.” Some fifty years on, the Lombardi of his generation told us that the core principle remains the same. Brailsford is often quoted that the 2010 Tour de France team concentrated on the “peas rather than the steak.” To explain he told us that they spent hours focussing on all of the really clever touches (the peas) and missed really working on the basics of performance (the steak). The results were a poor, and in his words, humiliating return from the race. 2. Optimise talent with a dynamic, fun and challenging culture David Walsh of The Sunday Times told us that he has been fortunate to see Sir Clive Woodward’s 2003 team at close hand. He spent time with Sir Alex Ferguson’s Manchester United teams but had never seen a team work with the quality and professionalism anywhere in the world that he witnessed when living with Team Sky. Brailsford explained that it is “incredible what you can do with the right people” when you optimise your talent in a dynamic, challenging, fun and energetic culture.

THE CITY MAGAZINE | September 2014

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3. Behavioural change only comes when either the suffering or reward is great enough This was a key part of Brailsford’s message. He is steadfast in the opinion that change can only happen from within. You can’t force change on an individual, they have to drive that attitude and it will generally only come when either the suffering is great enough or the reward big enough. As with many elite performers, he is driven by the terror of losing rather than the joy of winning. In his own words, he “doesn’t do losing well.” Avoidance of the suffering of losing, of “humiliation and incredible embarrassment”, helps him to change his behaviour. 4. Give ownership and appeal to the mature side of the team Another feature of great leadership clearly espoused by Brailsford is the ownership that he gives. He talked of appealing to the mature side of his team. He continued that he “rarely likes to be told how to do things” and wouldn’t react well to being shouted at. With that in mind he focuses on respect, not shouting and being ready to prompt with questions rather than preach with dictatorial commands. 5. Success can be corrosive and failure hugely motivational

Brailsford is adamant that there is a clear correlation: the more money you spend on salary, the greater the return in performance absolute clarity in vision. Clear roles, clear boundaries. Everyone in the team has a very clear idea of what is expected of them and what they are expected to do. 7. Help people to believe that they are the best Brailsford sees that his role as a leader is to help people believe they are the best. That belief is fundamental to success. Winning is contagious and the fire is lit by the belief that winning is possible. He works to ensure that the team believe that they have an advantage and it is a privilege to be a member. They know they have the best training, the best kit, the best support, the best structure. When that belief is alive in the individual, winning becomes that much more attainable. 8. There is a direct correlation between salary spend and performance

best marginal gains that you can give your team is a simple smile … “and it doesn’t cost a penny!” Brailsford believes that when you are under pressure a smile from a colleague asking “are you okay and what can I do to help?” can mean as much as any significant investment. 10. If you want people to perform, make them feel valued If Sir Dave Brailsford were ever to return to the corporate world (he spent time as a management consultant some years ago) the one biggest bit of advice that he would give is to make people feel valued. Performance hinges on people feeling genuinely valued in an organisation. Intrinsic engagement can only truly exist if the team feel they have an ability to influence the group. 11. Make sure you hire the best

The ‘Performance Investment Model’ is clearly an advantage that Sky’s huge investment afforded the team on tour. The same can be said with the Lottery funding for Team GB in the velodrome. Brailsford is adamant, contrary to the research done by Dan Pink in his book Drive, that there is a clear correlation: the more money you spend on salary, the greater the return in performance. Does this translate into the commercial world? There is a clear line of thought to suggest that the best talent secured at the highest cost will outperform those who hire cheaper alternatives.

Team GB and Team Sky shared the stand out fact that, under the charge of their performance director, they hired the very best in their field. From psychologist Dr Steve Peters (whom he described as his most important hire) through to Wiggins himself, he is uncompromising in his drive to hire no-one but the best. As compromises are made in the quality of those brought into the organisation, so too does performance dip. Jack Welch has famously been quoted as saying you must “hire people better than yourself.” Some task for Brailsford.

6. People like clarity

9. The greatest marginal gain is a simple smile

12. To be a great leader, you need to know yourself first

Role clarity and task clarity is essential. An elite team needs absolute clarity in their position. Team Sky operates with

If you are a small start-up with limited financial resource or the richest investment bank on the planet, one of the

Again reverting back to Steve Peters, he spoke of the importance of a leader first knowing themselves. Leadership,

Few coaches manage to maintain their position at the summit. Brailsford has specialised in it. London followed Beijing, Froome followed Wiggins. He is a master of the monopoly. Planning for success is, in his mind, essential. Too many fall away when they reach the top. Their attitude changes as they gain the trappings of success and an arrogance is born that wasn’t there as they hungered to climb their Everest. He touched on this as he spoke of the demise of England Cricket under the watch of his close friend Andy Flower.

THE CITY MAGAZINE | September 2014

| BUSINESS & WEALTH | he claimed, is about having an effect on others. You must know your impact on others and to do that you must first see how you impact others. The Harrington Starr leadership team was fortunate to recently spend an afternoon with the exceptionally talented former SAS man and author of the incredible book Elite, Floyd Woodrow. His total belief in MyersBriggs tests echoes Brailsford’s belief that communication needs to be tailored by knowing how you communicate with others. 13. Understand how to win and then work back All of Brailsford’s teams start with what winning looks like. Once they have defined that they then work back and put the plan in place for how to get there. That compelling vision and goal becomes the catalyst for commitment, accountability and performance. Defining winning and building a common purpose around that goal is more difficult than it seems. An investment of time to define it brings excellent results. 14. Be compassionately ruthless For Brailsford, the performance standard has to come up to a certain level. Once an individual starts to struggle to perform to a top standard you must support them but, if they still can’t do it, you must let them go. Another trait that he shares with Sir Alex Ferguson is he is a master of letting talent go at the right time. Brailsford is a key subscriber to performance science and when the performance level dips off he has the courage to make the tough decisions. 15. Be driven to improve In his early twenties, having left school at 16 wholly uninterested in school, Brailsford found an obsession with reading about what made people exceptional. His thirst for knowledge saw him devour book after book in his quest to understand how to win. You see the same habit echoed by the exceptional England Rugby head coach Stuart Lancaster in particular, who Brailsford joins in the P8 Summit of elite coaches including Mike Forde, Arsene Wenger, Andy Flower and Steve McLaren. All share that hunger to learn. 16. Winning is contagious To quote Lombardi again “winning is

a habit.” You need to learn to win and absolutely believe that you are going to do so in Brailsford’s eyes. Building a winning culture requires a team who believe that they are going to win and that comes from a conveyer belt of success. Once that momentum is building, it can be very difficult to de-rail. 17. The team should create the rules Brailsford is not alone in saying that the team should create the rules to gain maximum buy-in and engagement. There are clear team rules that are pinned up in the famous Team Sky bus. Those rules were co-invented by the riders. This is a philosophy that consistently springs up when reading about successful teams. Clive Woodward championed the “teamship rules” written and upheld by the winning 2003 rugby team. He continued this with clear, team led rules in the work he did with Team GB in London 2012.

18. Vision leads to Understanding The final piece of the jigsaw is the creation of a clear, compelling vision. Everybody in Team Sky and Team GB understands 100 per cent what the team stands for. When you talk to experts in elite performance, people who have absolutely performed and worked at the peak, the common theme of that team is the powerful vision of where it wants to be. All are unanimous in their belief that vision is the starting point for a team or businesses success. Brailsford very clearly agrees. The beauty of listening to Dave Brailsford speak about how he has achieved what he has is that he does so with simplicity and clarity. The magic formula is brilliantly straight forward. Doing the basics brilliantly and executing all of the above are far tougher than they seem. With dedication and hard work however, Brailsford has shown just how anyone can take the leap from good to extraordinary.

The City Magazine would like to thank Harrington Starr for its help in creating this Leadership Special. Harrington Starr was established in 2010 with the vision to be the number one supplier of technology staff to the world’s leading financial services and commodity trading companies. harringtonstarr.com

THE CITY MAGAZINE | September 2014

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INVESTMENTS

The leap from start-up to grown-up Nick Hungerford

info@nutmeg.com 020 7806 6158

orgive me if this month I seem a little introspective. It’s not in my nature, I assure you, but I’ve been reflecting quite a lot recently on how Nutmeg, the investment management business I started with my co-founder William Todd, has developed. We’ve been going just a few years now and it’s strange to look back at what we started out with – a big dream and lots of conquering spirit notwithstanding, the reality was a team of four, an embryonic business plan, a ‘short’ list of 100 potential brand names (the long list was 519), modest funding and a patchwork of product designs. It felt so different from how the business now operates. This year has been a breakthrough. We are now in the list of the top 25 wealth managers*, we ranked fifth for investment performance in a recent FT review of the wealth management industry, we have won eight awards and we’re now giving advice to start-up businesses looking to follow our model in Singapore, Australia, Germany and Italy. We’ve also recently completed a round of funding, raising £19 million from some very high-profile shareholders including the global venture firm Balderton and the 200+ year old asset manager Schroders. When you get awards or investment of that magnitude it’s a real marker in the sand and must be recognised. It’s a great signal of how far you’ve come, sure, but it’s also a big wake-up call to the new journey that lies ahead. In recent weeks I’ve realised that the expectations for the business have now been elevated significantly, not just in the eyes of the company’s shareholders and my staff, but from the press, media and the industry in general and, most importantly, from our customers. We’ve set high standards and as we grow we need to maintain them. It’s at times quite surreal to think that William and I are no longer walking the beat in Silicon Valley, trying to seek out business meetings with venture capitalists. Because that’s what Nutmeg was

Nick Hungerford is CEO of Nutmeg, the online investment management company that builds and manages portfolios tailored to each customer for a single low fee.

With investment, your capital is at risk. The price and value of investments mentioned and income arising from them may fluctuate and you may get back less than you invest.

three and a bit years ago. I would be passionately pitching the idea and my somewhat scruffy business plan to anyone who would listen – and occasionally to some who wouldn’t. It’s even harder to think how the founders of Whatsapp, Facebook et al dealt with their growth – from dorm room to giant company in no time at all. The new chapter for Nutmeg, which is all about transitioning fully from growth company to grown-up company, gives rise to a set of very different challenges. As businesses mature and evolve, how do you adjust your priorities and set future targets? How do you retain the right kind of culture and mindset as you hire new people? And how do you co-ordinate and consolidate the many (not always wonderful) ideas that come from all corners of the organisation? These are all big questions I’ve been pondering and there is one answer I keep coming back to. It’s very simple. We retain the one thing that’s got us to this point and that’s focusing on what the customer genuinely wants, or needs, at all times. If we were to ever lose sight of that, in exchange for a fast buck or a development shortcut, we’d soon be on a slippery slope. If you are

looking for a book for your holidays and you are interested in how to do this – because it is a lot harder than it looks – then I’d recommend Ben Horowitz’s The Hard Thing about Hard Things. I’m a great believer in viewing a business as a whole, the staff and the customers all in it together. We’re a family, or a club, of investors. If we don’t do right by managing our customers’ money to the best of our ability and expertise then they’ll flee the nest. And who could blame them? Their investment portfolios are our investment portfolios. Their future finances are our future finances – and by the way, 99 per cent of my net worth is invested with Nutmeg so I feel the pain of bad days in the market too. Truly understanding the customer by engaging in open dialogue and, with them, challenging the traditional, accepted formulae in investment management of opacity and stumbling communication is ultimately what has enabled Nutmeg’s success to date. It’s also precisely what will help us grow further in the future. * According to PAM: no of customers for discretionary managers

THE CITY MAGAZINE | September 2014

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Weathering the storm Kathleen Brooks forex.com

hat a month it has been; stocks have sold off, the dollar has come back with a bang and the EUR has lost its status as the Teflon currency of the G10. All of this seemed likely to happen earlier in the year; stocks looked like they were teetering precariously at record highs, while the EUR looked over-valued based on the economic fundamentals. However, the sun had to come out and we all had to have holidays interrupted for the fun to begin and the sell-off to gather speed. Now that we are contemplating children going back to school and the autumn nights setting in, our thoughts switch to how to protect ourselves from the risks that have materialised over the last couple of months. This means lots of homework, as risks are coming from multiple directions. Firstly, there is interest rate risk. The UK is expected to hike rates fairly soon, and, increasingly, the US’s Federal Reserve looks like it will follow suit. When interest rates change it can have a major impact on your investments, as it can affect virtually all asset classes. But this may not be the biggest risk facing your investments right

THE CITY MAGAZINE | September 2014

now. Central banks have said that they will hike rates only gradually, so as not to hurt the fragile global economy. As loth as I am to trust a central banker, I believe they will keep their word this time, as inflation pressures are low, and some central banks are thinking about easing policy further, such as the ECB in Europe and the Bank of Japan, which could limit the effect of tighter policy elsewhere. Far more worrying is the ‘unknown unknowns’ or geopolitical risks. At the start of this year no one thought that the US would be launching another air strike in Iraq, that the Syrian crisis would be sidelined as another flare up of Israel/ Hamas tensions triggered anger the world over. The prospect of Russian rebels shooting down a civilian airliner in Ukraine was unthinkable. However, all of this has happened, and we still have a third of the year to go. What other geopolitical events could wreak havoc in the coming months? One of the potential risks that worry us is an all-out trade war between the West and Russia. This could fuel a modern-day Cold War,

Kathleen Brooks is a research director at FOREX.com and is the author of Kathleen Brooks on Forex

and with Russia holding the world’s largest arsenal of nuclear weapons the West needs to tread carefully. While we hope that events in Russia and the Middle East stabilise by the end of the year, there is a very real chance that they won’t, so here are my top three tips for heightened geopolitical risk. Firstly, the EUR reacts badly when tensions with Russia start to rise. Combine Russian issues with an ECB that looks like it might embark on QE and you have the recipe for a much weaker euro. The four per cent decline in EURUSD since May could be the tip of the iceberg, and we could see further weakness as we move towards the end of the year. Secondly, at $105 per barrel, Brent crude oil looks cheap considering all of the risks on the horizon. These risks are concentrated in, or around, energy-producing regions like the Middle East and Russia. A fullblown trade war with Russia could seriously disrupt Europe’s energy supplies. As demand rises for other sources of fuel, Brent and WTI (US) crude oil could start to rise, pushing up the price just as the Northern hemisphere enters its winter season. Lastly, defensive stocks may not be so defensive. With the global nature of our economy, most blue-chip companies have exposure across the world. Companies that rely on the Middle East or Russia for growth could be at risk. Energy companies can outperform during periods of geopolitical risk, but, some energy producers are heavily reliant on Russia for their reserves, for example BP. If the situation with Russia deteriorates this could jeopardise BP’s Russian business and hurt its share price. So know where your chosen companies do business before counting them as a safe haven. While there are plenty of rules around how to trade geopolitical risk, each event is different, so arm yourself with the facts before you pledge your money to any safe haven. It could be a rocky ride over the next few months, but if you make smart choices your portfolios do not need to suffer.

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Macroeconomics

Cause, effect and responsibility Richard Jeffrey

info@cazenovecapital.com

number of policy makers, not to mention people in the private sector involved in financial markets, have begun to worry about credit markets. Sir Jon Cunliffe, deputy governor for Financial Stability at the Bank of England, highlighted in a recent speech that there has been heavy investment in high-yield bonds, but that liquidity risk seems to have been under-priced. Insightfully, he went on to note that “Risks can change and build very quickly”. Indeed. A couple of years ago, in a Working Paper (No. 422) published by the Bank of England, it was claimed that the first £200bn of quantitative easing in the UK, and a resulting eight per cent boost to the broad money supply, “may have pushed down on yields by an average of around 150 basis points in 2010 and increased asset values by approximately 20 per cent” (the eventual amount of QE, we should remember, was £375bn.) This is debatable, and other studies have suggested a lesser impact. Nonetheless, few economists are likely to argue with the proposition that massive asset purchases by central banks, not just in the UK but around the world, have driven down yields, not only in government bond markets but also in corporate credit markets. In fact, officials at the Bank of England have been keen to point to the drop in yields as being one of the ways that asset purchases have boosted private sector activity. If that is the case, then the impact must have been on higherrisk borrowers, since those deemed low risk have not found access to credit particularly difficult. So, we are left with this interesting juxtaposition: on the one hand, Jon Cunliffe is warning that risk is being mispriced and, on the other, the Bank of England itself is claiming the credit for that mispricing. Mispricing of assets and risk is something we should worry about. While the financial crisis and recession reflected the confluence of a range of highly negative developments in the world economy and financial markets, not least of these was the mispricing

We are left with this interesting juxtaposition: on the one hand, Jon Cunliffe is warning that risk is being mispriced and, on the other, the Bank of England itself is claiming the credit for that mispricing of risk. In the immediate aftermath of the crisis, there was some justification in ensuring that there was enough liquidity in the financial system to prevent a meltdown in the banking industry. However, central banks have persisted in maintaining a monetary environment in which risk is being wrongly priced, despite the gradual normalisation. Both government yields and, in many cases, credit spreads are at levels that now have the potential to add to future instability in financial markets. Central bankers may express concern and suggest that in some way this reflects a failure to identify the true level of risk

Richard Jeffrey is chief investment officer at Cazenove Capital Management

embedded in these instruments, but the misidentification is something they continue actively to encourage. Against a backdrop of improving (and normalising) growth in economies such as the UK and US, there is one thing that policy makers could do to inject a greater degree of realism: begin raising short-term interest rates. The longer they delay, the greater the risk that at some stage there is a panic flight out of fixed interest securities, at which point liquidity risk will become all too obvious and Sir Jon Cunliffe, as a member of the Monetary Policy Committee, may regret not having voted earlier for rates to rise.

THE CITY MAGAZINE | September 2014

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Equities

What sets traders apart? The decisions they make under enormous pressure Lex van Dam

lex@lexvandam.com

n previous columns I have discussed my 5-Step-Trading® process. I mentioned the importance of having your own ideas, instead of copying those from other people, and of doing a basic and simple analysis of the company you consider investing in. We then looked at charts and how they help you improve your timing, and the importance of setting price targets and stop-loss levels. Now I want to talk about Step 4 which ensures that you are psychologically prepared to trade. Making investment decisions in real life is so much harder than doing it on paper. Most people find that when trading you always vary between the states of fear and greed. When you make money you get greedy. And when you lose money, you get scared and are worried that you will lose all your money and that life will never be the same again. The demands of trading create stresses and pressures similar, if not greater, to those experienced by elite sports people. In both you need to train, push yourself to the limit, be disciplined and keep your eye on the prize. Being able to deal effectively with losses, errors and setbacks are necessary to both. The difference between making and losing money is often based on a decision one makes when the going gets tough. This is what sets great traders apart – they make better decisions when they are under enormous pressure. It is the mental game that ultimately determines who wins and who loses. As I said, good traders are mentally tough. They are able to bounce back from losses. There are five areas to address here. The first that will decide if you have the make-up of a good trader is your motivation. Why do you trade? If the only reason you trade is to make money, it probably won’t work. If you want a shortcut to getting rich quickly then trading is not it – trading is more likely to make you poor than rich if money is your sole motivator. Having

THE CITY MAGAZINE | September 2014

You are aiming for the sweet spot; where your decisions are well-prepared and fluid. It’s called the Trading Zone and it’s a very profitable state of mind

Lex van Dam is a hedge fund manager and financial educator, specialising in trading equities, currencies and financial derivatives

a general interest in financial markets and companies is a much better basis for long-term survival. The second area that determines your mental toughness is how confident you are. Are you self-confident in your abilities as a trader? Having the courage to follow your convictions is vital to get through tough periods. This does not mean that you should be too stubborn, but that you should believe in yourself. Thirdly, trading also requires total focus. If you’re busy doing other things – especially mentally – it becomes hard to be successful. Composure, our fourth area, is a crucial part of trading as well. If you tend to panic and get overemotional then trading might not be for you. The last factor is resilience. Trading is a painful occupation. You are often wrong and if you are not able to bounce back and try again it is not going to work. Mental toughness is determined by quite a few things. But don’t worry if you don’t have all of them yet. Most take time and experience to develop. The 5-Step-Trading® process works so well because it

removes a lot of the emotion out of trading. Also, when trading is not going well it helps you break down your trading process to find out where you are actually going wrong. Is it your idea generation where you lack the ability to find original ideas, or are you not spending enough time on getting to know the companies you invest in? Are you ignoring the charts, or are you mentally not ready? Or is it your risk management? Are you letting one losing trade destroy your account? The place you are aiming for is the sweet spot; where your decisions are well-prepared, fluid and spot-on. It’s called the Trading Zone and it’s a very profitable state of mind. This is what the zone feels like. One, you will be physically and mentally relaxed. Two, you will feel in control. Three, you will be calm. Four, you will be energised. Five, you will be positive. Six, you will be focused. Seven, you will be confident. And eight, it will all feel effortless. Control your mind and you can control your future… Next time we will look at Step 5 – risk management of your portfolio.

9-16 NOVEMBER THE O2

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The great debate

Children VS Culture

Can children be enlightened? 52

THE CITY MAGAZINE | September 2014

| Opinion |

Although widely acknowledged to be his method of garnering media attention, people are still half wondering whether British artist (and father of three) Jake Chapman was even a little bit serious in his controversial statement that taking children to art galleries is an “insult” and a “total waste of time”

POINT OF INTEREST One example of a child grown by exposure to the arts is Wolfgang Mozart. At the age of four, he played the piano and the violin, and composed his first piano concerto. He played melodies on the piano and his father put the notes onto paper. By the age of six he had composed a minuet and a trio for keyboard.

hapman, one half of the famous duo of artistic brothers (he was nominated for a Turner Prize in 2003 with his brother Dinos), stated to The Independent that parents who took their offspring to art galleries, exhibitions and museums were “arrogant” for thinking the children could understand artists including Mark Rothko or Jackson Pollock. In further comments he explained that in his opinion, standing a child before artwork by Pollock is “like saying... it’s as moronic as a child […] children are not human yet” and that comparing the “simplicity” of Matisse’s work to a child’s art was “ridiculous”. “It’s like saying a child will understand a Cubist painting because a Cubist painting is childlike […] There’s no connection,” he argued. “Anyone who says there is, is less than a village idiot.” Unfortunately, there will always be families (parents included) whose behaviour in galleries or museums backs Chapman’s statement and suggests that their presence isn’t appropriate – earlier this year, for example, we heard about the couple who allowed their young children to scramble up a multi-million dollar sculpture by Donald Judd on display at Tate Modern. As reported in the London Evening Standard, a gallery owner from New York declared, “I was shocked […] I said to the parents I didn’t think their kids should be playing on a 10 million dollar artwork. The woman turned around and told me I didn’t know anything about kids and said she was sorry if I ever had any.” In the wake of such reporting, it’s perhaps not surprising that art lovers across the capital were up in arms about the presence of children in such sacred spaces. In response, art critic Ivan Hewitt reasoned that “High culture is like any other product of the grown-up world, whether it’s maths, or democracy, or science. It’s inherently difficult, and so beyond the reach of children. “To pretend otherwise, by encouraging kids to think of museum exhibits or paintings or plays as so many shiny toys, available to be handled and dropped as soon as boredom sets in, is just a form of lying. And lying to our children seems an odd way of encouraging a love of high culture. My hunch is that when they reach adulthood, the children who are now allowed to run around museums will regard the whole apparatus of high culture with contempt, as something with no belief in its own innate worth.” But there are plenty who would disagree with those artists and critics who would like to ban children from the realm of arts and culture in London. “If you can walk and you can look, you can get something from a work of art,” enthused Stephen Deuchar, director of The Art Fund, on BBC Radio 4’s

Today programme. “Can a child appreciate a work of art deeply? Yes, of course they can.” Indeed, for children living in London they actually have a great advantage over their peers in the rest of the UK (despite concerns that they have fewer chances to skim stones on lakes, climb trees or swim in the sea) and are privy to great alternative opportunities to learn about art, music and culture from infancy. Surely, it would be narrow-minded to think that a child couldn’t benefit from exposure to the arts? “Children benefit a great deal from visiting art galleries and museums” the BBC quoted a National Gallery spokesman as saying. “It widens their horizons [and] can develop inquisitiveness and curiosity about the world.” “It’s not really children that any of these fingerwaggers want to ban. It’s joy,” argues Dea Birkett, Director of Kids in Museums persuasively. “When one of these killjoys comes across a Tintoretto, they take a few steps back from the maroon rope, nod their head as if confirming some important fact about the brushstrokes, pinch their chin slowly with thumb and forefinger, and mutter (inaudibly I hope) ‘Mmmmmm’. “There’s no squeal of delight, no moment when their arms want to jump up and wave hooray. In fact, there’s no passion at all for the great work in front of them. There’s just suppressed appreciation of a very academic, hollow-hearted kind.

“I don’t think art is to be understood – it’s to be experienced […] Art is not to be decoded. It is to be felt. Feeling comes before understanding” – Turner prize winner Anthony Gormley, The Times –

“Who really wants to feel like that when surrounded by centuries of the most magnificent art […] For it isn’t contempt (as Hewett claims) that early exposure to great art breeds, but passion. We should be thrilled when even young children respond so enthusiastically to a Rubens or a Richard Long. Isn’t this exactly what we want?” On a basic level, it certainly doesn’t seem right that pre-determined age groups should or shouldn’t be permitted access to galleries and museums – and I suspect if any of the larger institutions tried to, there would be more protesting that praising across London. It seems that the larger problem lies with the behaviour of parents rather than children, but as long as the (obvious) ban of vandalism is upheld, there doesn’t seem to be a need for age limits or strict noise (joy) limits in public exhibition spaces. After all, children who enjoy art will make art – and what could be better for our city, than the continuation of the arts for the future?

THE CITY MAGAZINE | September 2014

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| collection |

WATCHES & JEWELLERY Celebrating the delightful and the divine from the world of fine jewellery and luxury watches

Going Platinum Displaying the earth’s 37 time zones – including its half and quarter-hour divisions – Vacheron Constantin’s Patrimony Traditionnelle World Time is one of the most complicated world timers ever assembled. It’s also one of the best looking – a fact affirmed through its latest incarnation. Previously available only in rose gold (£39,350), this magnificent piece has been given the platinum touch. As of September, for an extra £35k you can have a platinum case, dial, hands, crowns, pushers, buckles and even platinum stitching on the strap – all wrapped up in the most handsome of heirlooms.

Platinum Patrimony Traditionnelle World Time (£73,650), limited to 100 pieces. Available from September Vacheron Constantin 37 Old Bond Street

THE CITY MAGAZINE | September 2014

Hart of the Matter With 40 stores stretching the length of the country, Fraser Hart has been busy carving out a niche in the luxury watch and jewellery sector. Roger Baker talks brands, business and burgeoning times with company CEO Noel Coyle

t’s fair to say that Noel Coyle has had a varied career. The man who now sits at the helm of Fraser Hart (and the Anthony Nicholas Group which owns it) has at various points worked in oil exploration, television and video production and FMCGs, before arriving in the watch and jewellery industry more than 20 years ago. CEO of Fraser Hart for the last seven years, Coyle has overseen a dramatic expansion, opening 10 stores across the country during a time when the economy was struggling with recession. Coyle splits his time between London and his home town of Dublin. You acquired Fraser Hart in 2007. What made it such an attractive acquisition? It gave us an entry into the UK market and into a different level of business, the higher-end watch and jewellery sector. We saw a gap in the market, an opportunity to build on the strong base that Fraser Hart already had to create a unique retail environment with the best brands and the highest customer service standards, a level the larger multiple retailers could not reach.

THE CITY MAGAZINE | September 2014

What distinguishes Fraser Hart from other watch and jewellery retailers? Essentially it’s about the service. We aim to be at the heart of every celebration. People in our industry are generally buying presents for life milestones or celebrations – significant events in people’s lives. Everything we do comes back to this. We make sure we have the best product selection and provide store environments and a level of service that really comes through to our customers. You managed to expand during a recession. How? We were able to trade reasonably well through the recession. The high-end watch sector stayed particularly resilient. I think it’s facing more challenges now, in the last six months, which is kind of contrary to what you would possibly think. We continued to open stores and stick to our model because the opportunity was there. We didn’t open as many stores as we would have foreseen

| COLLECTION | back in 2007 but everything else fitted in as we expected it to. We still opened 10 stores during that period, which is very reasonable for a business of our size. What accounts for the dip the industry has witnessed over the last six months? Central London seems to have been affected by a reduction in Chinese spending. I think the consistency in higher-end watch brand purchases has not been as strong in the last six months. The economy is on the up and sometimes that results in people looking over what they’re spending on, particularly when it comes to luxury spends. People start considering other areas of high spend that they have deferred for many years. This may cause a temporary blip in spending patterns but overall the luxury watch sector continues to be strong. What will be the next biggest changes to the industry? The strongest five or six brands will continue getting stronger. There will be more consolidation. Some brands are moving towards mono-brand stores which, as a multi-brand retailer, causes us challenges. We also need to prepare and adapt for continued changes in multi-channel retailing.

“People are buying presents for significant life milestones or celebrations... So everything we do comes back to this”

What percentage of your business is watch related? About 40 per cent of our business now is watches. We have a very strong diamond and bridal offer in addition to jewellery from leading international brands and our own exclusive lines.

so fast, meaning that you have to make decisions quickly. If you don’t, you get left behind.

Which watch brand do you sell most of ? Quantity-wise, Michael Kors. It’s been a phenomenon. In terms of luxury watches our biggest selling brand is Rolex.

Which watch brand would you never stock? We have to look at what our product offering is and what fits into our portfolio. We can’t stock every brand. It’s about concentrating on the ones with the best representation in each particular segment.

How do luxury brands successfully engage with social media? Brands need to learn not to be afraid of it, and not look at it as some kind of downmarket or volume market trend. We use social media to engage with our customers, to listen to their feedback and communicate product launches, events and developments. Our presence on social media sites is an integral part of our multi-channel business.

The thing you are most scared of is… Our biggest challenge is to maintain our niche and our relevance in the retail market in the face of continued consolidation and multi-channel developments. It’s also our biggest opportunity as we have, and will continue to develop, a fantastic team of people throughout every area of the business, driving Fraser Hart to ever higher standards.

What percentage of your watches do you sell online? It’s less than ten per cent; but that’s the same case for everybody. The online average for the watch and jewellery industry is around seven or eight per cent. Fashion sells a lot more online – but that’s understandable because it’s a different product. What’s the biggest risk you’ve ever taken in business? Acquiring Fraser Hart, but it was also the highlight of my career. When we acquired the business it was bigger than our existing operation. It was a new market that we didn’t operate in, with a new set of product challenges. It was a risk but there have been huge rewards. What’s the biggest mistake you’ve ever made? I’ve made plenty. The thing is to identify [mistakes] and correct them; find new opportunities. Business moves

Which watch do you wear? At the moment a Rolex Daytona, but whatever collection I look at, I find a watch I want to wear.

Fraser Hart, New Change Passage, One New Change fraserhart.co.uk

Where will Fraser Hart be in five years’ time? We will have grown by hopefully another 15 stores. We should be operating within the top 75 to 100 locations in the UK. We will be truly multi-channel, still providing outstanding service to our customers in every area.

THE CITY MAGAZINE | September 2014

‘What gives you the license to do this?’ T H E CEO O F A M AJ OR S W I S S WATCH BRAND ON HEARI NG A B O U T C A L IB RE SH 2 1, CH RISTO PH ER W ARD ’ S FI RST I N- HOU S E M OVEM ENT.

The chronometer-certified C9 Harrison 5 Day Automatic, with 120-hour power reserve, is the first watch to house our own movement. Conceived and designed by our master watchmaker, Johannes Jahnke, and manufactured by some of Switzerland’s finest watchmaking craftsmen, it is destined to be one of the most talked about watches in years. And, yes, you do have the license to own one. CA LI BR E S H2 1

EXCLU SIVE LY AVA IL A B L E AT chri sto p her wa rd . co. uk

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| COLLECTION |

WATCH NEWS ONE to WATCH

Each month we select our timepiece of the moment from the watch world’s most exciting creations

Tudor Returns Enthusiasts need no longer travel to the Continent to procure one of their preferred Tudor timepieces. Re-entering the UK market after an 11-year hiatus, the watches will be available in 102 stores from this autumn. Our pick of the new collection? The Heritage Chrono Blue (£3,010) – a watch whose original 1973 incarnation now sells at auction for more than £20,000. The modern day version features a case that’s grown from 40mm to 42mm and a dial that now possesses three-dimensional hour markers. Tudor-generated waves will be rippling through the affordable watch market from 19 September. Watch this space for more news. tudorwatch.com

Win

Horological Heaven Watches of Switzerland has opened Europe’s largest luxury watch showroom. Opened in time for the company’s 90th birthday, the Regent Street store comprises 12 shop-in-shop brand boutiques, a 12-ft interactive digital screen and a collection of vintage masterpieces, including an extremely rare ‘tropical dial’ Rolex Paul Newman Daytona. If that doesn’t whet your appetite, also on display is IWC’s Portuguese Sidérale Scaffusia, Roger Dubuis’s Quatuor, Baume et Mercier’s Clifton Flying Tourbillon and Jaeger-LeCoultre’s Duomètre Unique Travel Time. Watch nuts, enter at your peril.

Watches of Switzerland, 155 Regents Street

Two tickets to a premiere at the BFI London Film Festival in partnership with American Express®

To celebrate being the official time partner of the BFI and BFI London Film Festival in partnership with American Express®, taking place 8-19 October, IWC Schaffhausen is giving away two tickets to one of the festival’s red carpet premieres. To win the pair of tickets, email your name and telephone number to competitions@runwildgroup.co.uk with BFI London Film Festival in the subject line. The closing date for entries is 28 September 2014. Tickets only valid for a film screening within the 2014 BFI London Film Festival in partnership with American Express®. Film screening to be determined. Tickets are non-transferable. The competition is open to UK residents aged 18 or over and closes at 23:59 on Sunday 28 September 2014.The screening tickets are complimentary, carry no cash value and must not be re-sold. Employees and directors of IWC Schaffhausen and Runwild Media Group and their subsidiaries and affiliates, agents, dealers and their immediate family or household members are not eligible to enter. The winner of the prize must be willing to be photographed and published on official public media. IWC may revise the terms of this promotion from time to time and reserves the right to change.

Nautilus 5990/1A-001, £38,560, Patek Philippe, patek.com

It’s one of the most iconic watches from one of the most iconic of watchmakers. This particular version of Patek Philippe’s Nautilus comes with a 60-minute counter and dual time zone mechanism, indicating both local time and the time at home THE CITY MAGAZINE | September 2014

| COLLECTION |

JEWELLERY NEWS Moves like Jagger For her A/W14 accessories collection, British fashion designer Jenny Packham was influenced by 1970s socialite Bianca Jagger who was known in her day for being an avid follower of the New York party scene. The designer commented that she admires “women who style themselves with integrity and wit – Bianca was the queen of mindful dressing…” Oversized cuffs, head-turning necklaces and dramatic rings in rich tones of cyan and royal blue, contrasted with lighter shades of topaz and aquamarine, make up the Bianca collection, while statement necklaces featuring jewelled tones, multicoloured headbands and silk champagne organza belts complete the accompanying Solaris collection. Jenny Packham Accessories Boutique 34 Elizabeth Street, SW1W 9NZ, jennypackham.com

Café Society At Paris Couture Week, Chanel unveiled its latest haute joaillerie collection, Café Society. A departure from previous collections based around signature house symbols such as the lion, the camellia and the star, the new 81-piece line instead embraces the avant garde and creative world of Paris’ ‘Café Society’ during the 20th century and combines cuttingedge, geometric shapes, diverse colours using an array of precious gemstones and contrasting materials including white gold, rock crystal, onyx and black spinel. Sadly, you will have to wait a little longer to get your hands on this collection as it doesn’t become available in UK stores until next May. chanel.com

Cutting

Edge

Each piece from the Archi Dior collection, shown at this year’s Paris Couture Week, has been attributed to an iconic line or haute couture gown. Designer Victoire de Castellane has used the concept of architectural design to transform fabric into precious stones and high fashion into high jewellery:

“I wanted to create each piece just like the dresses Christian Dior designed with an architect’s eye, as if the jewels were sculpted, flounced, pleated, belted or draped fabrics… These are pieces of jewellery which take to the catwalk as if they were ballgowns” - Victoire de Castellane dior.com

THE CITY MAGAZINE | September 2014

C E L E B R AT I N G 3 0 Y E A R S

Aurora Inspire romance with this 0.86ct Fancy Intense Australian Argyle Pink Diamond Ring, reflecting the warm, vibrant and fiery hues of its extraordinary and ancient origins. A highly prized, rare and collectable jewel.

To receive the beautiful Calleija brochure, please contact us The Royal Arcade Old Bond Street London london@calleija.com +44 (0)20 7499 8490

The Westin Martin Place Sydney sydney@calleija.com.au +61 (0)2 9233 6661 calleija.com

Marina Mirage Main Beach Gold Coast mirage@calleija.com.au +61 (0)7 5528 3666

Never say

Olivia Sharpe meets Jade Jagger in her new London showroom for a sneak preview of her latest jewellery collection, Neverending, launching in September

THE CITY MAGAZINE | September 2014

Never

| COLLECTION |

n the weeks leading up to the opening of her New Bond Street store, I meet Jade Jagger to preview her new limited edition jewellery collection, Neverending, in collaboration with online luxury marketplace 1stdibs. Unsurprisingly, there have been numerous articles written about the daughter of Rolling Stones’ frontman Mick Jagger and his first wife Bianca, some of which have been less than flattering, portraying her as a bit of a diva (to put it mildly). Entering the showroom, I immediately spot Jade; her striking features inherited from both parents are hard to miss. Heavily pregnant (she gave birth to a baby boy just a month after our interview) and being a warm day in May, most women in Jade’s shoes would not have welcomed a day being grilled by press but this doesn’t seem to faze her. Appearing effortlessly stylish in a loose-fitting top covering her baby bump, jeans and ballet pumps, she briefly shakes my hand before going back to setting up her jewellery stand. When we eventually sit down to chat, Jade jokes how she is taking a seat on her throne and the air is instantly lightened. The jewellery designer’s latest collection is one of several but signals her first partnership with 1stdibs.com. Despite being founded in Paris, the online retailer has always considered New York home, having relocated there two years after it was established. It was the perfect fit for Jade who is not shy in telling me that she finds it impossible to move away from her childhood “halcyon days” in 1970s New York, when she would hang out in The Factory with her mother’s close friend Andy Warhol. “I can’t get away from my heritage. My work always seems to end up being a throwback to the 70s and this has very much become part of my intrinsic style.” Studying the 30-piece collection of statement ruby, sapphire and chrysophrase rings, earrings, pendants and bracelets, it’s easy to trace this influence. Jade’s craftsmen are based in Jaipur and the pieces possess a bohemian feel (characteristic of 70s jewellery); the majority of the stones, locally and ethically sourced, are set in 18-karat yellow gold and embellished with traditional Indian enamel work and diamonds, mirroring the artistry of the maharajas. Jade is also inspired by art and architecture. She developed a love

Neverending by Jade Jagger is available from 3 September 1stdibs.com jadejagger.co.uk

of drawing when her father was gifted one of the first Macintosh computers by Steve Jobs and this love was then nurtured by Warhol. In the late 1980s, after studying painting in Florence, she worked as an artist and held several successful exhibitions before setting up her own jewellery line, Jade Inc. She comments: “I’m probably more artbased from my design and artistic backgrounds. I started out making my own paint from pigments such as lapis lazuli and these techniques slowly developed into my jewellery.” She is also the founder of interior design company, Jade Jagger for yoo, and this again makes her an ideal collaborator with 1stdibs, a brand which specialises in antique furniture and fine art, among other things. Each piece within the Neverending collection features strong, graphic lines and geometric design elements. Saying that, Jade deems it impossible to define exactly where her inspiration comes from: “I do believe it has a kind of magical quality. My ideas don’t necessarily come from a research perspective. They evolve.” Having worked in jewellery for 20 years, Jade considers herself a jewellery designer first and foremost but acknowledges that her design background plays a significant part: “All the things I do share a lot of qualities: the use of colour, graphics and a sense of modernity throughout. It applies across the board.” While the collection is edgy and contemporary in many ways, it also possesses a sense of timelessness. After setting up Jade Inc., in 2000 the designer was snapped up by Asprey & Garrard where she worked as creative director for seven years. She

is credited with creating some of the house’s most iconic collections, including Wings which remains a bestseller. Jade has been noted for her slightly rock ’n’ roll style, incorporating motifs such as disco balls, skulls and arrows. However, over the years, this has evolved and the latest collection is a reflection of her maturity as a fine jewellery designer. The whole process of designing Neverending has taken years and Jade is still adding new pieces, hence the name. Fortunately, being a mother of three has meant she has mastered the art of patience. “Having children and working in business makes you understand how good things come to those who wait,” she says, smiling. While Neverending highlights Jade’s own evolution as a designer, it is still very much in keeping with her signature style. Each piece has a natural confidence and charisma, qualities which I believe to be indicative of the designer herself. Jade has always loved working with semiprecious stones and the first piece she created for Neverending was the emerald ring. “I often start with rings because I can’t help myself,” she remarks, excitedly. Later this year, Jade plans to release a Flower collection, as well as continuing to work on her newly-launched Ibiza range. The gold-plated line of jewellery is part of the designer’s more affordable range and demonstrates her love of the Mediterranean island where she has spent many happy years and currently has a home. Leaving the interview, I can’t help but think it must never be a dull moment when you’re in the presence of Jade Jagger.

THE CITY MAGAZINE | September 2014

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| COLLECTION |

Sleepy Hollow See your way through the enchanted forest with sparkling jewels and embellished fabrics 2

10 9

Alexander McQueen A/W14

1 Zelia necklace in silver, £515, Jenny Packham, jennypackham.com 2 Kalmia crystal bracelet, £182, Jenny Packham, as before 3 Lady Stardust Crystal Haze ring set in 18-carat white gold with hematite and white diamonds, £7,400, Stephen Webster, stephenwebster.com 4 Forest single ring, POA, As29, as29.com 5 Silver-plated Swarovski crystal bow ring, £180, Miu Miu, net-a-porter.com 6 Crystal flower choker, £895, Alexander McQueen, alexandermcqueen.com 7 Thorn long finger ring set in 18-carat white gold with black diamonds, £12,400, Stephen Webster, as before 8 Vintage lace cuff, £624, Aurelie Bidermann, farfetch.com 9 Granada collection earrings, £22,814, Sylva & Cie, farfetch.com 10 Black diamond lace cuff in 18-carat white gold with black rhodium, £24,000, Georgina Skan, georginaskan.com

THE CITY MAGAZINE | September 2014

STYLE HER

The leading ladies and latest looks guiding style this season

HAUTE COUTURE

This month, Paris-based photographer Cathleen Naundorf will open her Haute Couture exhibition at the Fahey/Klein Gallery in Los Angeles. Unable to fly over for the occasion, we were feeling a little devastated until we got our hands on Haute Couture: The Polaroids of Cathleen Naundorf. This absolutely stunning publication showcases photographs that capture the beautiful designs of Giorgio Armani, Chanel, Christian Dior, Christian Lacroix, Elie Saab and Valentino. Naundorf was granted unlimited access to the archives of each of these fashion houses, which resulted in the compilation of a truly incredible series of fashion photography. Here in London, Cathleen Naundorf is represented by Hamiltons Gallery. hamiltonsgallery.com

Haute Couture: The Polaroids of Cathleen Naundorf, £POA, cathleennaundorf.com

“My little darling”, Dior, Haute Couture - winter 2006, no. 30 Hôtel Plaza Athénée, Paris - Color-print from original polaroid - 18.02.2009 Julia Oleynick / Nathalie Model Agency

THE CITY MAGAZINE | September 2014

| FASHION |

Behind closed doors Second Floor is the photographic exhibition by Sam Taylor-Johnson that will offer the public a rare glimpse inside the private apartment of Mademoiselle Chanel. The Saatchi Gallery in London will house the series of 45 photographs that capture everything from the famous mirrored staircase to the private rooms within 31 rue Cambon. The exhibition will run from 12–22 September. saatchigallery.com

A bed of roses

Red-hot show-stopping style

Haute Couture

fun, foolish

should be and almost

unwearable — Christian Lacroix —

Silk touch Ever since we discovered just how versatile a silk scarf can be, we’ve been obsessed with this simple yet elegant accessory. Keen to grow our collection, this month we uncovered an extensive offering from contemporary womenswear label MYPERFECT-T. Inspired by the four ancient classical elements – Earth, Water, Air and Fire, this brand is one to watch for effortlessly chic style.

Returning home This month, British design duo Georgina Chapman and Keren Craig will return to London to present the Marchesa Spring/ Summer 2015 collection at London Fashion Week. During their stay, the brand, which is best-known for its stunningly elaborate evening gowns, will celebrate its 10th anniversary with English friends and family. Sadly, come February it is back to New York for Chapman, Craig and the brand.

marchesa.com

No one does red quite like Italian designer Valentino Garavani, and this gorgeous number is certainly no exception. Prim and proper, it’s the perfect dress for both daytime garden parties and dressed-up dinner date. Featuring a fitted waist, A-line skirt and scalloped hem, this silk blended floral macramé dress combines all the very best shades of red, and will no doubt turn heads. Floral Macramé Dress, £3,076, Valentino, farfetch.com

PERFECT PAIRINGS Noir Sunglasses, £225, Miu Miu, sunglasses-shop.co.uk

Royal Gold-Plated Chalcedony Earrings, £250, Zara Simon, london-boutiques.com

Bi-Colour Peep-Toe Boots, £455, Balenciaga, matchesfashion.com

Floral Dream, £195, MY-PERFECT-T, my-perfect-t.com

THE CITY MAGAZINE | September 2014

| LIFESTYLE |

COSMIC CRUSH RODARTE’s A/W14 BeAUTY LOOK UNDER THE MICROSCOPE

Ideas and inspiration from James Kaliardos at NARS

Larger Than Life in Rouge Tribal, £19.50, NARS, narscosmetics.co.uk

Rodarte is always one to watch, and this month we take a much closer look at the A/W14 show. The make-up was created by NARS, and the team led by James Kaliardos. The look had an almost galactic sheen, with dreamily smooth skin and glitter coated lips. Rich but soft colours, and a delicate pinky finish to the complexion added a glow of innocence. Shadow right up to the brows making eyes the main focus, framed by lengthened lashes and gel-enhanced brows. Two different shades of lips add versatility in translating this look, from a more wearable pink with a hint of purple, to a highimpact deep brown.

Illusion D’Ombre Long Wear Luminous Eye Shadow in Utopia and New Moon, £25 each, Chanel, boots.com

Prepping and perfecting the look backstage

Available from 1 September, Audacious Lipstick in Deborah, £24, NARS, narscosmetics.co.uk

Blush in Unlawful, £22.50, NARS, narscosmetics.co.uk

THE CITY MAGAZINE | September 2014

bareSkin™ Pure Brightening Serum Foundation SPF20, £26, bareMinerals, bareminerals.co.uk

False Lashes Mascara, £19, MAC, maccosmetics.co.uk

Models ready to hit the catwalk at Rodarte A/W14

Words: tiffany eastland

Sparring Partners HIS TREND: Double-breasted jackets; popular from the mid-1930s until the late 1950s, and again from the mid1980s to mid-1990s, this season they make a welcome return to both Savile Row and the runway INSPIRED BY: The naval refer jacket HIGHLIGHTS: Ermenegildo Zegna, Christopher Kane, Canali and Brioni TRENDSETTERS: David Beckham, Ryan Gosling and Jake Gyllenhaal

BEST OF THE BEST ERMENEGILDO ZEGNA While the trend towards doublebreasted jackets wasn’t the most talked about this season, it certainly made its presence known at a surprising number of menswear shows. So much, so, we’ve named it the most underrated trend of the season. Perhaps it fails to turn heads as it makes a regular appearance from time to time, but we believe when it’s done right, it can be an absolute showstopper. This season it was the pictured Ermenegildo Zegna ensemble that caught our eye. We put the success of this suit down to an exceptional cut and outstanding cloth.

WOMEN who wore the

TROUSERS 70

THE CITY MAGAZINE | September 2014

If you were shocked by the masculine approach to womenswear for Autumn Winter 2014, imagine the eyebrows raised when Coco Chanel donned boyfriendborrowed ensembles almost a century earlier. The French fashion designer, famous for pushing boundaries, was among the first to design a pair of trousers for women to wear. In fact, one of her most significant contributions to modern-day womenswear, were a pair of horseback riding trousers. Given that women had previously been expected to ride side-saddle in heavy skirts, the notion of riding in trousers like a man

was controversial to say the least. Trousers for women do however predate Chanel, and it was another French designer that can truly take the credit for that new era of comfortable womenswear. Paul Poiret was inspired by Eastern culture when he created the first pair of women’s trousers in 1913. The loose-fitting wide leg trousers were called harem pants, based on the costumes of the popular opera, Sheherazade. Following the war, women were reluctant to part ways with trousers and throughout the 1930s, they were considered

| lifestylE |

This season designers take a masculine approach to womenswear, sending models down the runway in boyfriend-borrowed ensembles. From baggy suits to tailored tuxedos, we look at his and hers and determine, who wore it best?

HERS TREND: Men’s tailoring; oversized jackets and fluid trouser suits give the woman’s wardrobes that masculine edge this season INSPIRED BY: Marlene Dietrich in the 1930 classic, Morocco HIGHLIGHTS: 3.1 Phillip Lim, Isabel Marant, Haider Ackermann and Hermès TRENDSETTERS: Leighton Meester, Alexa Chung, Tilda Swinton and the Olsen sisters

BEST OF THE BEST 3.1 PHILLIP LIM This season our favourite interpretation of gender bending, came from American fashion favourite Phillip Lim. What we saw in his Autumn/Winter 2014 collection was a true commitment to the trend. Our favourite look pictured here, is a baggy double-breasted suit, you would have sworn belonged in Lim’s menswear show. The model looks as though she’s literally stepped out in her boyfriends suit. Despite being a truly masculine ensemble, there’s something rather chic about this look, and actually rather glamorous. So forget, tapering and tailoring, if you’re to pull this off, it’s all or nothing.

stylish, although remained rather shocking to most. Glamorous actors of the time, including Marlene Dietrich and Katharine Hepburn were regular wearers, leaving their audience both intrigued and horrified. Despite the increased number of designers offering tailored slack suits, the idea of a woman wearing pants, was widely discouraged and considered unnatural and masculine at this time. In 1939, Vogue pictured women in trousers for the first time, as they once again got a boost in popularity, with many women returning to wartime jobs.

The post-war 1950s saw a feminine look and women were once again discouraged from wearing trousers. But after a short hiatus, they made their comeback during the 1960s and 1970s, at a time when casual clothes were the main fashion. By the end of the 60s, trousers on women were considered entirely acceptable, first in a casual sense, and then in the workplace. In 1966, Yves Saint Laurent designed a tuxedo for women, Le Smoking, which launched, what remains a popular trend to this day. In fact, many top fashion

houses have since added women’s tuxedos to their lines, and a number of female movie stars have stepped out in these traditionally masculine ensembles. While a woman wearing a pair of trousers certainly won’t make news headlines in this day and age, there’s still something rather intriguing about the boyfriend-borrowed ensembles we’ve recently encountered. The question remains, does this trend have longevity or can we expect a quick flip back to something more feminine, perhaps the full skirts and frocks of the 50s?

THE CITY MAGAZINE | September 2014

| FASHION |

tists United Ar

ion Corporat

FASHION TRENDS

Autumn / Winter 2014

From the Far East to fairy tales, Scandinavian docks to the Swinging Sixties, the runways of Autumn/Winter 2014 had it all. Immerse yourself in this season’s top trends with these definitive highlights

THE CITY MAGAZINE | September 2014

Into the Woods

Alberta Ferretti, albertaferretti.com

Dolce & Gabbana, dolcegabbana.com

Marni, marni.com

Dolce & Gabbana, dolcegabbana.com

Valentino, valentino.com

Designers let their imaginations run wild in the woods this season, as models got their happy endings in enchanting fairy tale creations

rincesses, knights, Little Red Riding Hood, check. This A/ W14 had it all, as fairy tales cast their spell over the season. The Alexander McQueen show felt like a fairy tale played out in the shadows, borderline spooky with its dramatic black and white hooded furs and pale faces. Dolce and Gabbana, although just as theatrical, was a little more romantic. Models sported glittering tunics with embellished hoods, gauntlets and armour-like boots, while the creatures of the forest also made an appearance as appliquéd squirrels, owls and foxes. Artisan techniques took the limelight at Alberta Ferretti; the artisan feather work and delicate lace, reminiscent of woodland nymphs, was enhanced by a palette of forest and moss greens. Marni had more of a tribal accent with Dutch duck plumes disguised as grass skirts, while untamed hair took the expression ‘hair like a bird’s nest’ to a whole new level.

Illustration by Amy Welch

THE CITY MAGAZINE | September 2014

Valentino, valentino.com Temperley London, temperleylondon.com

Dolce & Gabbana, dolcegabbana.com

Dsquared², dsquared2.com

Mirror, mirror on the wall, who’s the fairest of them all?

Alberta Ferretti, albertaferretti.com

| FASHION |

Paul Smith, paulsmith.co.uk

E. Tautz, etautz.com

Michael Bastian, michaelbastiannyc.com

Orient Express

Burberry Prorsum, uk.burberry.com

This Autumn/Winter menswear has forged to the East for a taste of the Orient, showcasing rich colours and detailed embroidery

E. Tautz, etautz.com

Alan Taylor, alantaylordesign.co.uk

V Vivienne Westwood MAN, viviennewestwood.com

Astrid Anderson, astridandersen.com

ivienne Westwood and Astrid Andersen highlighted this bold trend with big prints and lavish embroidery. Remain stylish rather than showy by emulating brands such as Burberry, who depicted a subtle injection of oriental floral prints. Gold hues and jewelled tones work especially well for evenings, adding a definite air of sophistication. Designers such as E. Tautz and Tom Ford paired luxury highlights of the orient with smart blacks and navies for a mature look that boasts a sleek modern edge. A printed oriental jacket is the easiest of this trend to wear and will instantly update plain suit trousers or jeans for an evening out. Michael Bastianâ&#x20AC;&#x2122;s black bomber jacket detailing a golden oriental design is a great example of how to execute this Eastern inspired trend off the runway.

Tom Ford, tomford.com

Illustration by Amy Welch

THE CITY MAGAZINE | September 2014

Versace, uk.versace.com

Prabal Gurung, prabalgurung.com

Red to Toe

Donna Karan, donnakaran.com

Valentino, valentino.com

This Autumn/Winter will be an unusually bold and bright one, with designers from New York to Paris being caught red-handed

he late American designer Bill Blass once said, “When in doubt, wear red.” History seems to agree with him, as the colour has adorned everything from screen sirens’ lips to Louboutin soles. Audrey Hepburn wore a red Givenchy number in Funny Face, and Marilyn Vance fought for Julia Roberts to wear red over black in Pretty Woman. In suitable homage, the catwalks were ablaze with the shade this season. Floor-length gowns were abundant, with showstoppers at Donna Karan and Valentino bringing a whole new meaning to red carpet dressing. Prada went a little more off-key with one model entirely engulfed in red fur. Chunky knitwear balanced floaty chiffon for an interesting top-heavy effect at Prabal Gurung, with one redhead keeping things matchy-matchy. One thing is for sure, this amount of blood red is not for the faint hearted.

Christian Dior, dior.com

Tadashi Shoji, tadashishoji.com

Prada, prada.com

Dolce & Gabbana, dolcegabbana.com

Carven, eu.carven.com

Marissa Webb, shop.marissa-webb.com Simone Rocha, simonerocha.com

THE CITY MAGAZINE | September 2014

| FASHION |

Patrik Ervell, patrikervell.com

Valentino, valentino.com Richard Nicoll, richardnicoll.com

Hunter Original, hunter-boot.com YMC, youmustcreate.com

Christopher Raeburn, christopherraeburn.co.uk

Gone Fishing This season the fisherman trend teams itself with function for an effortlessly practical approach to style. Think Scandinavian docks over Cannes marina

Pringle of Scotland, pringlescotland.com

YMC, youmustcreate.com huntergather, huntergather.com

Patrik Ervell, patrikervell.com

hristopher Raeburn and Patrik Ervell have stuck to a classic colour palette of blues, whites and yellows this season, with Valentino throwing in some iconic Breton stripes for good measure. For the bolder man of style, Hunter displayed some eyepopping brightness with yellow and blue rubber duffle coats. If you would ideally like to stay safely this side of any unfortunate Paddington Bear comparisons, opt for a fail-proof chunky knit jumper. The high necklines and broad shoulders provide a masculine trawler-inspired look to last you through winter. No manâ&#x20AC;&#x2122;s wardrobe should be deemed complete without the traditional fisherman staple of the striped jumper. Whether hugging you closely or draped casually around your shoulders, the striped knit will prove infinitely versatile and stylish.

THE CITY MAGAZINE | September 2014

Christophe Lemaire, christophelemaire.com

Fendi, fendi.com Christophe Lemaire, christophelemaire.com

Military Precision

Preen By Thornton Bregazzi, preen.eu

Versace, uk.versace.com

Structured tailoring and khaki hues dominated many Autumn/Winter runways as the ever popular military trend takes hold once again this season

Hunter Original, hunter-boot.com

ver the past few years military inspired style has been a recurring trend and the runways of Autumn/Winter 2014 held no exception. This season, fashion’s heavyweights have showed rich wools, autumnal tones and sharp tailoring to gear us towards winter and represent the season’s chic utilitarian style. A heavy focus on military style has emphasised an abundance of khaki colours and camouflage from many designers, with Versace taking instead a decidedly naval approach to their women’s collection. Christopher Lemaire and Isabel Marant have followed a modern line with nipped in waists and tapered trousers for women. The likes of Preen and Fendi highlighted an oversized shape for their thick woollen coats, while menswear fell between traditional style military jackets and modern utilitarian simplicity.

THE CITY MAGAZINE | September 2014

Valentino, valentino.com

Isabel Marant, isabelmarant.com

Versace, uk.versace.com

YMC, youmustcreate.com

Guy Laroche, guylaroche.com

Kolor, kolor.jp

| FASHION |

Photograph by Abbie Rowe, National Park Service, in the John F. Kennedy Presidential Library and Museum, Boston

Dsquared², dsquared2.com

Gucci, gucci.com

Valentino, valentino.com

Carven, eu.carven.com

Miu Miu, miumiu.com

Swinging Sixties

Louis Vuitton, uk.louisvuitton.com

Hugo Boss, hugoboss.com

Thom Sweeney, thomsweeney.co.uk

Christopher Kane, mrporter.com

Delpozo, delpozo.com

Valentino, valentino.com

Dsquared², dsquared2.com

For Autumn/Winter fashion frontrunners revisit a diverse decade. From mini-skirts to Mods, here are just some of the season’s highlights he 1960s was a decade that broke many fashion traditions, reflecting social movements at that time. Psychedelic prints, bright colours and mismatched patterns made a strong presence then as they are now, as did culottes, go-go boots and PVC. This season Gucci, Louis Vuitton, Valentino and Dsquared channelled the likes of Jackie Kennedy, Brigitte Bardot and Twiggy, while Chistopher Kane, Hugo Boss and Thom Sweeny unveiled menswear collections inspired by the British fashion phenomenon of the mid-1960s, the Mods. As we revisit the daring decade this season, emphasis is on the shift for women, while the men’s collections focus their attention on tailored suiting, adding a few high necks and wide ties to the mix.

THE CITY MAGAZINE | September 2014

The Fall

warehouse acpacpacpcap acpcapacpacpc apacpcapacp

Fashion

Fix

Canary Wharf’s Autumn/Winter Fashion Weekend is returning on the 26 – 28 September with fashion shows, in-mall entertainment and exclusive discounts across selected stores

reiss acpacpacpcap acpcapacpacpc apacpcapacp

Ted Baker, Canada Place The Marylebone Tech in Smooth Moss Green, £895, Aspinal of London, Cabot Place

Pam Black Belt, £75, L.K.Bennet, Jubilee Place

Fiji Friendship Bracelet, from £125, Monica Vinader, Jubilee Place

Short Fur Sheepskin Jacket in Black, £450, Whistles, Jubilee Place Joie De Vivre Necklace, £239, Anton Heunis, Cadenzza, Jubilee Place

Monica Ankle Boots, £110, Jones Bootmaker, Jubilee Place

Revel Demi Curve Skinny Jeans, £95, Levi’s, Canada Place Black Trench, £125, Banana Republic, Jubilee Place

Exclusive Discounts From head to toe

Classic Border Set Stud Earrings, £124, CARAT*, Cabot Place

Orange Fleck Tweed Jacket, £199, Austin Reed, Cabot Place

Effervescence Pearl Grey Ring, £180, Links of London, Jubilee Place

Whether you’re looking for that one perfect coat that will freshen up your whole wardrobe, or you need to buy your basics for autumn, make the most of fantastic discounts by shopping at Canary Wharf

30% Myla

25%

Emmett London

20%

Maharaja Bracelet, £119, Cadenzza, Jubilee Place

Aspinal of London Austin Reed Banana Republic Cadenzza Cath Kidston CARAT* Crabtree & Evelyn David Clulow Opticians French Connection Gant Hackett iSmash Jones Bootmaker L.K.Bennett Le Pain Quotidien Levi’s (Friday & Saturday only) Links of London (excludes Gold) Monica Vinader Moleskine Plateau Restaurant, Bar & Grill Pretty Ballerinas Rituals… The Rejuvenation Clinic & MediSpa Runners Need SeanHanna Schuh (private label only) Sweaty Betty Ted Baker Warehouse Whistles

Mini Milla Knitted Jumper, £65, French Connection, Jubilee Place

Geo Print Dress, £180, Karen Millen, Jubilee Place

15%

Amerigo Vespucci Asics Charles Tyrwhitt (suits only) Hobbs L’Occitane Moss Bros

Ellas Shoe with Patent Toe and Chain Detail, £169, Pretty Ballerinas, Jubilee Place

Thea Skirt, £199, Hobbs, Canada Place

10%

bareMinerals Karen Millen Paperchase Thomas Pink (minimum spend £150) L.K.Bennett, Jubilee Place

canarywharf.com

@yourcanarywharf

RENAISSANCE MEN 82

THE CITY MAGAZINE | September 2014

| FEATURE |

After a spectacular performance lasting the past five years, it would appear thereâ&#x20AC;&#x2122;s no sign of slowing down for the global menswear market Words: TIFFANY EASTLAND Image by George Garnier, courtesy of the British Fashion Council

THE CITY MAGAZINE | September 2014

ashion and shopping have long been considered hobbies for women, but a report released last year would indicate that this gender stereotype (like most) isn’t entirely accurate. According to Euromonitor sales figures suggest that the menswear industry is now outpacing womenswear. In fact, according to Mintel, over the past five years menswear sales have increased by 18 per cent, with the industry now worth £12.9bn and anticipated to reach £16.4bn by 2018. So, gentlemen, why the change of heart? Thom Whiddett and Luke Sweeney, founders of Savile Row’s Thom Sweeney, say they’ve seen a dramatic change in attitude: “I think shows like Mad Men and Boardwalk Empire give guys a little push in sharpening up their appearance,” says Sweeney. Alexander Homoky, director of 150-yearold Savile Row tailor Phillip Alexander, says it’s due to a change in what is deemed an acceptable standard of dressing: “Thankfully, sportswear has become less acceptable as fashion wear, and this has opened up demand across the market. As more well-known personalities are tending to dress up, rather than dress down, this has moved the acceptable standard of casual wear for men.” Homoky goes on to explain that when the lower sector of the market wore shellsuits, a man in any jacket looked well-dressed, but now it really needs to be a good jacket. Homoky says, in the fashion world, attitude is always changing, but it’s a few trendsetters that can make a big difference: “Dressing up has recently become more fashionable for men. One can see in films of the 90s that men generally wore badlyfitting suits. In the last 10 years in films and TV there has been a significant shift, reflecting or promoting this change of attitude,” says Homoky. If we look back at the fashions of the 90s, we can see that trends were dictated by a loose or baggy fit, whereas over the past decade, trends point to a much closer-fitting garment. But beyond this trend of dressing up, there’s been a greater focus on bespoke and handmade goods: “I think there’s been a general shift in the appreciation for handmade goods across the board, moving away from mass production, which can come across as cheap and poor quality, and towards traditional time-honoured craftsmanship such as bespoke tailoring,” he explains. This return to a more considered form of attire was highlighted with the release of MAN-MEN, a project documenting a selection of British industry leaders that manufacture menswear and accessories. The inaugural issue indicated that men care about design details, fabric, fit and, above all, where the garment is made. Furthermore, Homoky points out that men are now understanding that the image they project is most certainly governed

THE CITY MAGAZINE | September 2014

by the clothes they wear: “The suits says more about the man than the car he drives. The fork-lift driver wearing a bespoke suit when he enters a restaurant, will project more gravitas than the corporate executive in an off-the-peg outfit driving a Bentley.” This, therefore, means the Philip Alexander customer is the billionaire, the humble artisan and just about everything in-between. Whiddett and Sweeney say their bespoke and made-to-measure business has been very strong, while their new ready-to-wear collection, has had a great start: “Advice for guys is a lot more accessible now with magazines and blogs really pushing style, which has had a

FROM LEFT The Manchester-made T. Walker & Co. cutting machine, a sewing station at Private White V.C., an extensive catalogue of patterns BELOW IMAGE The attention to detail carried out by skilled individuals at Private White V.C. All images by Jonathan Daniel Pryce, taken from MAN-MEN

| FEATURE |

“Advice for guys is a lot more accessible now with magazines and blogs really pushing style, which has had a huge knock-on effect to ultimately get guys shopping” – Thom Whiddett and Luke Sweeney – Thom Sweeney

huge knock-on effect to ultimately get guys shopping.” And as more men spend more money on fashion, an increasing number of major fashion houses are specifically taking advantage of the menswear market. Prada recently detailed plans to spur growth by more than doubling its menswear business over the next few years. The brand’s intentions are to open around 100 new stores, 50 of which are dedicated to menswear. The Italian fashion house will also aim to broaden the reach of Church’s, its UK men’s shoe manufacturer. Another footwear label taking advantage of this booming market is LVMH’s Berluti. Since Alessandro Sartori came on board in 2011, the focus has very much been on diversifying its offering. At the start of 2012, the brand launched its first range of men’s clothing, which continues to grow with each season. Furthermore, a few brands that sit somewhere between fashion house and traditional tailors are investing their money in some of the key creatives from leading fashion houses. For example, Ermenegildo Zegna poached Stefano Pilati from Saint Laurent in 2013, while the year prior, Brioni welcomed Brendan Mullane who formerly worked for Givenchy. Homoky says: “I can’t see tailors becoming proper fashion houses, but some outside creativity could loosen up the perceived stiffness from the outside and broaden the appeal.” He adds that until you’ve had your very own bespoke suit, it’s very difficult to grasp the beauty of the finished product: “So a bit of creative flair in getting the message out there is surely a good thing.” And we’d say the message is loud and clear, certainly as we head towards the sixth season of London Collection: Men. The question is: just how long will this renaissance last?

THE CITY MAGAZINE | September 2014

STYLE HIM

Look the part, feel the part, from breakfast to boardroom to bar

On the case

This month sees two classic brands collide; we pick what to pack in the resulting luggage collaboration

As it’s mounted on wheels and equipped with a lightweight, retractable handle, no heavy lifting is required. The vulcanised fibreboard exterior with leather trim keeps the timeless shape durable.

The cases are available either in 18in or 21in, both of which are cabin-friendly sizes. After hearing of baggage strike chaos this summer, it seems like a pretty good investment.

his month sees a number of collaborations land in stores, but the one we’re most excited about is that between Globe-Trotter and Turnbull & Asser. Both of these brands are iconic producers of exceptional luxury goods. The partnership aims to reflect the brands’ similar sentiments, each respecting heritage and tradition while wishing to remain creative and keep moving forward. GlobeTrotter’s specialist travel ware is made with the same care and craftsmanship as Turnbull & Asser’s clothing. Holding a Royal Warrant and specialising in shirts, the brand has been worn by many significant style icons, from royalty to James Bond – both Sean Connery and Daniel Craig wore specially designed shirts in their respective films. These shared ideals translate to the limited-edition luxury travel cases, which focus on traditional luggage style, in classic

THE CITY MAGAZINE | September 2014

black, updated with the practicalities of modern travel in mind. Attention to detail has ensured elegance both inside and out. Local manufacturing is also at the heart of this collection. All of Turnbull & Asser’s shirts and ties are made in English factories and, to reflect this, the cases are all hand made in Hertfordshire. Collection starts from £950, turnbullandasser.co.uk

| fashion |

Turnbull & Asser took sole charge of the cases’ interiors. Choosing a fabric used in some of its most notable shirts, a two-fold, 120 poplin fabric in blue gingham, each model was lined with the material and two internal straps added to keep messy packing in place.

Wynton Sunglasses in Warm Grey, £269, Mykita, mykita.com

Blazer, £760, Marni, thecorner.com

Short Sleeve Crew Neck T-shirt in Wine, £55, Sunspel, sunspel.com

Cotton-Twill Contrast Collar Shirt, £290, Brioni, mrporter.com

Manicure Set in Cream/ Stone, £348, Czech & Speake, czechandspeake.com Suede Belt, £165, Tod’s, tods.com Micro Stripe Swim Shorts, £140, Vilebrequin, vilebrequin.com

100ml Eau de Toilette, £95, Alford & Hoff, harrods.com Casual Trouser, £435, Dolce & Gabbana, thecorner.com

Airport Wool and Cotton-Blend Socks, £12, Falke, mrporter.com

Gommino Driving Shoes in Nubuck, £280, Tod’s, tods.com

THE CITY MAGAZINE | September 2014

Best

Foot Forward

Fuelled by an insatiable international appetite for all things Made in Britain, as well as a home-grown appreciation for quality and craftsmanship, our native shoe sector is thriving. So which brands are leading the charge? WORDS: simon brooke

ou can tell a lot about a man, it’s said, by his shoes. A smart, neatly polished pair of well-made shoes don’t just complete your look – they show that you care about attention to detail and that you know a thing or two about how a man should dress. After all, for too many men, the determination to look the part peters out around the ankles. Just as tailoring has enjoyed a renaissance over the last few years with the longestablished ‘houses’ of Savile Row benefiting from new customers and investment, the British shoe sector – still largely based in Northampton – is thriving. At the upper-end sales have been growing by a healthy five per cent a year over the last few years according to researchers Euromonitor. Eighteen months ago, Selfridges unveiled a new men’s footwear concept, which, at more than 15,000 sq ft and featuring more than 250 brands, bespoke boutiques and a made-to-order shoe salon, is the largest men’s shoe department in the world. John Lobb extended its factory two years ago and the company recently collaborated with another quintessentially British brand, Aston Martin, to create a shoe that matches

THE CITY MAGAZINE | September 2014

the sleek lines and technical skill of the famous motor marque. So far this year, John Lobb, which has been in business since 1866, has opened additional stores in China, Japan and even Beirut. Today, around 85 per cent of its shoes are exported. Now owned by the Hermès group, it recently appointed a new artistic director, Paula Gerbase, the fashion designer known for her starkly elegant suits and shirts. “There’s actually a growing interest for British-made products worldwide and this obviously benefits our activity,” says the company’s CEO Renaud Paul-Dauphin. “This renaissance is also linked to the high-end segment on which quality is the cornerstone. A luxury product is one you will keep for long, you will properly look after and you will be able to repair. There is a growing demand for authenticity, quality, honesty and provenance and this is precisely the segment John Lobb is in.” LEFT FROM TOP Black Sole 6 Tan Grain Chelsea Boot, £375; A Nickel and a Nail in Dove Grey Suede Semi Brogue, £375; Bumble Bee Powder English Brogue, £375, all Tim Little

| LIFESTYLE | A Crockett & Jones employee begins the leather selecting process. All images provided by Crockett & Jones.

THE CITY MAGAZINE | September 2014

| LIFESTYLE | LEFT AND BELOW Inside the Northampton workshops of John Lobb. Images courtesy of Jamie Smith SHOES BELOW FROM TOP G-Lab Oxford Leather Brogues, £290, Grenson; Phillip II Leather Monk-Strap Shoes, £985, John Lobb

Currently, ‘British-ness’ and ‘100 per cent Made in Great Britain’ is something customers worldwide are seeking Another example of a classic shoe brand enjoying a renaissance is Grenson. Founded in the middle of the 19th century in Northamptonshire, it was bought by shoe designer Tim Little in 2010. “Demand for UK shoemaking is on the up, but it’s now found its niche, not as a mass producer of footwear but as a smaller luxury, artisanal industry,” says Little. “The internet has allowed small companies to tell their story to the world. In the past, only bigger companies could communicate in a meaningful way because of the expense, but now we can explain our heritage and show people the shoemaking process. In China they talk about the ‘five-minute shoe’, because if it takes longer to make than that, it isn’t commercial. Some of our shoes have leather that has taken a whole year to tan. When you tell people that, they start to ask why our shoes aren’t more expensive.” Little’s look is classic with a twist – traditional styles are contrasted with funky colours or unusual detailing. When he started out, 80 per cent of the shoes he sold were black, now it’s nearer 20 per cent. “Some of the very dandy styles are popular at the moment, such as the double-buckle monk and the tassel loafer, both with super-skinny soles,” he says. “Brogues are still popular and technology is playing a part in terms of materials. We’re seeing some crossover with sneaker materials such as mesh and canvas. There is also a big focus on soles and

THE CITY MAGAZINE | September 2014

changing the look of a classic shoe by using a left field sole that you wouldn’t expect.” Little also offers full, handmade bespoke shoes, produced the way they were made before factories and machinery were introduced in the 1880s. He has designed for, and collaborated with, other brands such as Tod’s, Rag & Bone, Dunhill and Joseph. This year, thanks to increased demand, he will move production from the original Victorian building to a new ultra-modern space. Even the oldest names are developing in new markets. Church’s, which is now owned by Prada, has opened stores around the world, most recently in Copenhagen and Vienna. Elsewhere, Crockett & Jones, now in its fifth generation, is also enjoying greater demand from overseas as well as a new generation of luxury British consumer. “Crockett & Jones has increased production year on year since the growth of these world markets and the inception of our retail business,” says James Fox, digital manager. “Currently, ‘British-ness’ and ‘100 per cent Made in Great Britain’ is something customers worldwide are seeking. Our heritage and manufacture know-how is our biggest asset and one that we are very proud of.” A pair of Crockett & Jones shoes undergoes around 280 processes before it’s sent off to the stores. The craftsmen who still work in the Northamptonshire factory start with the highest-quality German calf leather, which is not only nearly flawless but which also has a softness and suppleness that reduces the chance of cracking. With such craftsmanship and a lifespan of 20 years or more, if well looked after, a good pair of British-made shoes might not be cheap but they certainly offer a good investment – as the rest of the world is finding out.

| LIFESTYLE |

THE MANE EVENT: Autumn/Winter 2014 We speak to FUDGE ambassador Stephen Low about the groomed and perfected hair styles dominating this season

THE STYLE

essential hair products to always have on hand

Preppy and quintessentially English THE SHOW Kent & Curwen AW14 STYLED BY Stephen Low from Neville Hair and Beauty for FUDGE

Cilantro Hair Conditioner, £16.50, MALIN + GOETZ, uk.spacenk.com

This season wear your hair… Groomed and clean but be careful not to overload with product. Fudge Matte Hed is great for this look; you don’t need to use too much but it still gives the right amount of hold.

Pomade, £6.79, American Crew, mankind.co.uk

For work, style it… Clean and tight. Use a tail end comb to get your parting super precise, and finish with a matte or gloss product, depending on your preference. Always set with hairspray so it doesn’t budge. Matte Hed Gas, £7.46, Fudge, fudgehair.co.uk

On the weekends try… A salt spray (yes men can use this too) for a more undone, texturised finish. Fudge Salt Spray is perfect for a relaxed look and gives amazing definition to slightly longer hair. A piece of hair advice… Start with a clean base. Hair that isn’t overloaded with product is much easier to work with, so freshly washed hair is the best starting point for beginners.

Bed Head for Men Pure Texture Molding Paste, £10.50, TIGI, mankind.co.uk

If you’re having a bad hair day… Go get it cut!

Salt Spray, £8.39, Fudge, fudgehair.co.uk

Never style you hair with… The wrong products for your hair type. Know what kind of products work for you and stick with them. Your biggest hair regret… No hair regrets. We always think we look great at the time, so why regret it? One guy that always gets it right… Jonny Depp always looks cool – his hair always has a great lived-in feel to it.

Classic Shampoo, £33, Aèsop, mrporter.com

THE CITY MAGAZINE | September 2014

Pure-formance Grooming Clay, £21, Aveda Men, aveda.co.uk

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BREAKING BARRIERS Mark Westall has been working in, and writing about contemporary art, for almost 20 years. An advocate of emerging talent, each month he uses this space to introduce an artist that he thinks is on the cusp of greatness...

This month: JACKY TSAI

hat’s so interesting? We hear a lot about the rise of China as a cultural, as well as a financial power, and Jacky Tsai’s work is a brilliant synthesis of the traditions of Chinese art with a Western sensibility that shines a new light on ancient symbolism and technique. Tsai’s highly original East-West vision is a product of his own background. Born in Shanghai, he moved to London to study at the prestigious art school Central St Martins College of Art and Design in 2006, and has lived in the capital ever since. His work is labour-intensive and his pieces are predominantly one-offs. “Each one takes a few months to make,” he explains. “I’m combining several different techniques to create my ‘fusion’ art.” The results are extraordinary. Tsai’s captivating, signature ‘floral skull’ is

ABOVE FROM LEFT Wonderland No.5 Ginger Flower Print Petrol Rainbow Print BELOW The Sun Rises on the West

exquisitely lacquer-carved, a technique that both references an important artistic tradition, but importantly also keeps alive a tradition on the edge of extinction. Carved lacquer-ware, also known as ‘TiHong’ which translates as ‘Carving the Red’, is one of China’s traditional crafts. The process was first invented during the Tang Dynasty, more than 1,600 years ago and blossomed during the Ming and Qing Dynasties. The technique involves applying a natural lacquer onto a wooden surface, then carefully engraving delicate designs into the lacquer. The panel is coated with several dozen layers of lacquer, each of which must dry naturally to avoid cracks appearing in the future. Young people now are reluctant to learn the skills of lacquer-carving, and many elders in the business have passed away. Nowadays, there are only around 20 trained craftsmen left in China who have this skill. Tsai is on a mission to preserve, reinvigorate and promote these unique traditions through his art. Another ancient skill he champions is the use of the techniques of Su Xiu embroidery on silk (originally from the city of Suzhou near Shanghai) and Cloisonné, an ancient decorative technique using vitreous enamel and metal, used in China since the 14th century. Not content with straddling the East-West divide, Tsai also moves seamlessly between the worlds of art and fashion, working for labels including Alexander McQueen and Richemont brand Shanghai Tang on accessory ranges and developing his eponymous fashion label. jackytsai.com

THE CITY MAGAZINE | September 2014

| ART & INTERIORS | LEFT Fly Me To The Moon BELOW Lacquer Carving on Wood Panel All photography by Goswin Schwendinger

Find the work Original artworks will be sold by PureFAD gallery at STRARTA Canary Wharf, Canada Square Park, 17-22 March 2015 strarta.com. A rare series of limitededition prints will be sold by Eyestorm at Christie’s Multiplied, the print art fair, at Christie’s South Kensington 17–20 October multipliedartfair.com

THE CITY MAGAZINE | September 2014

WORDS: TIFFANY EASTLAND

a matter of context We speak to interior designer Katharine Pooley about respecting the past and having a vision for the future

THE CITY MAGAZINE | September 2014

| ART & INTERIORS |

ucked away in the heart of Belgravia and hidden behind the façade of a rather modest mews is a luxurious contemporary home that proudly wears its history. Katharine Pooley was honoured with the task of redesigning the interior of a property that has passed through the hands of the 7th Baronet of Oakley, Sir Philip Chetwode and Henry George Charles Lascelles, 6th Earl of Harewood. Determined to retain its

charm and the references to its heritage, Pooley and her team of four designers set out on what was a two-year project. At the request of the client, Pooley and her team softened the original, masculine design, creating an interior that is both elegant and feminine. Pooley says: “Despite being a mews house in London, the client was very taken with the idea of a New York penthouse, so the clean and contemporary style really influenced the design.” And this

was certainly no small feat, and perhaps even a little intimidating given the history that this property boasts. Pooley says she approached it in the same way she approaches all her projects, by first contemplating the bigger picture and context of the property: “It is important that a new design remains sympathetic to the setting, as well as the client’s practical needs, to avoid the home looking out of place and feeling unnatural.”

THE CITY MAGAZINE | September 2014

| ART & INTERIORS |

“It is important that a new design remains sympathetic to the setting, as well as the client’s practical needs”

FROM TOP Dressing room with bespoke wardrobe system; ‘Atlantis’ chandelier by Barlas Baylar; corner dining area with ambient lighting; master bedroom with custom-made bedside table and Porta Romana lamp

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For Pooley, the other key consideration is always, how the space is used on a day-today basis. After hearing Pooley describe her favourite room in the home, the master bathroom, it’s easy to imagine feeling quite at home in Hyde Park Mews. “It was important to create the feeling of a relaxing, spa-like sanctuary for the client, so we decided to keep the scheme pared-back, allowing the quality of the materials, finishes and luxurious highlights, such as the sunken marble bath, to take centre stage,” she explains. In terms of a favourite piece in the property, Pooley admits to being quite the fan

of the fireplace in the main sitting room: “Its futuristic, oval shape softens the very angular and uniform sofas that sit just in front of it, and it is the perfect example of how to marry traditional elements with modern design,” perhaps one of the greatest lessons she learned while working on this project. Clearly dedicated and committed to each and every one of her clients, Pooley this year celebrates 10 very successful years of Katharine Pooley London, not to mention an extensive portfolio of projects just as impressive as the stunning Hyde Park Mews. katharinepooley.com

FEEL GOOD Award winning Italian architect and designer Antonio Citterio, known for his timeless design style, blends form and function in the Feel Good dining room chair. Made from structured polyurethane and heartwood, this sophisticated chair fits seamlessly into his impressive portfolio, achieving an unpretentious and simplistic sense of luxury. The conflict between curves and angles go unnoticed until second glance upon which you can fully appreciate the understated style intentions. All dormant potential has been teased out of Citterio’s design to create a strong style that stands beautifully within a contemporary space.

TERZANI STREAM CHANDELIER

£POA, forza.co.uk

SILK ORCHID For classic style it is hard to fault a crisp white orchid, but the constant dropping of petals and watering can be off-putting. Enter the beautifully realistic silk orchid, with all the class of the real thing, minus the fuss. Silk petals poised over a simple white china vase oozes contemporary style and will still look as charming come the winter months.

More than seven kilometres of chain was used to create this incredible chandelier, designed by Christian Lava and crafted by a team of skilled Italian artisans. The nickel Stream Chandelier is not only a luxurious lighting option, but also a stunning sculptural statement. Featuring an undulating structure, carved tiers and shade contrasts, the Terzani Stream Chandelier would add an entirely new dimension to any contemporary home. £9,480, luxdeco.com

£35, johnlewis.com

Classic yet

CONTEMPORARY Soft lines and angular design marry modern elements with traditional styling for a sophisticated interior akin to Hyde Park Mews

ISAAC SOFA Oly San Francisco’s Isaac Sofa boasts a strikingly angular design, offering a traditional element to balance even the most contemporary homes. Featuring an exposed hardwood timber frame with high grade polyurethane cushioning and a tight upholstered back with bolster cushions, this is a truly timeless piece that will last a lifetime. Available in various upholstery options and a choice of either dark brown or silver for the finish. £POA, olystudio.com

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| ART & INTERIORS |

GRAVY BOWL SHELL Despite serving a very practical function, one could easily imagine a genie emerging from this gorgeous masterpiece. You may not be granted three wishes upon purchasing, but you can be guaranteed a fine display of silver craftsmanship. Made from Nautilus Shell and lined with Sterling India Silver, this stunning gravy bowl from Katharine Pooley makes for a beautiful addition to your collection of fine china.

MASTERPIECE GM CANDELABRA Acclaimed architect, Grethe Meyer left a mark on Danish design history with her clean lines and functional approach to design that’s most certainly present in her Masterpiece GM Candelabra. At a time when Georg Jensen and Royal Copenhagen were joined under the same name, Royal Scandinavia, Meyer started experimenting with candelabra design. The project itself was put to rest until Meyer’s daughter re-discovered the candelabras in 2011, among a collection of her mother’s work, she had inherited. In collaboration with the Georg Jensen design team, the candelabras were finally brought back to life last autumn.

£4,950, katharinepooley.com

£260, georgjensen.com

SAINT LAURENT BY POPPY WADDILOVE AND VALENTINO RTW A/W 2013 BY TANYA LING You wouldn’t hang a blank canvas (or perhaps you would if you’re into modern art), so why would you leave your walls bare? We’re not suggesting you convert your living room into a gallery, but the odd piece of art here and there can bring a room to life in an instance. We love Saint Laurent by Poppy Waddilove, a one off painting absolutely brimming

with attitude. We also love the idea of pairing it back with this Tanya Ling limited edition digital inkjet print that forms part of her ongoing series of international ready-to-wear collections. This stunning print is signed, dated and numbered by the artist. £895, luxdeco.com; £300, fashionillustrationgallery.com

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TECH TALK

Essential apparatus for keeping ahead of the curve

MUSIC TO YOUR EARS Avoid looking like every other Tom, Dick and Beats-wearing Harry with these lesser-spotted audio amplifiers

The stylish headset is very comfortable and has a decent weight, giving a substantial air

Parrot Zik The superb wireless performance works over a distance of up to 15 metres

Price £299.99 Battery Life 6 hours Frequency response 10Hz to 20kHz selfridges.co.uk

Sony MDR-1RBT Price £399.99 Battery Life 30 hours Frequency response 4Hz to 80kHz sony.co.uk

Logitech UE9000 Price £300 Battery Life 10 hours Frequency response 20Hz to 20kHz logitech.com

Dual mics and volume controls in the ear pads mean hassle-free calls and volume adjustment

Soundsight Although the Logitech UE9000 has been around for a while, it remains a firm favourite against other Bluetooth headphones. The ear pads are buttery-soft and provide an energetic and bass-heavy sound without taking away from a great general listening experience. The UE9000’s noise-cancelling feature works particularly well.

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Price £296 Battery Life 4 hours Frequency response 16 Hz to 20 kHz soundsightheadphones.com

| LIFESTYLE |

Strike a pose Lomography’s limited-edition 20th Anniversary camera combines great image quality with a stylish outer case. The camera offers shadowy vignettes and eye-popping colour saturation, not to mention multiple exposures, so you can have fun experimenting. The LOMO LC-A+ is ideal for anyone wanting to get a little more creative with their photography without too much time and effort. LC-A+, £289, Lomography, lomographyuk.com

Style with substance For those seeking style and substance in their mobile phone, look no further than the Constellation. With the latest technology features and five sleek colours to choose from, it pushes design into a very contemporary realm. The body of the smartphone uses gradefive titanium alloy, which is usually found in professional race cars and spacecraft. Boasting two-and-a-half times the strength of stainless steel, titanium alloy is half the weight. Quality materials combined with English craftsmanship all make this impressive phone a style statement in its own right. Also available in Cappuccino, Mocha, Black and Raspberry.

The face of the future Google Glass provides everything you love about your smartphone in a tiny hands-free device. Google believes technology should bring people closer together, and Google Glass allows you to capture and share life’s great moments without having to leave them. From translating phrases to turn by turn directions, this technology literally stares you in the face. Google Glass, £1,000, Google, google.co.uk/Glass

Constellation, £4,200, Vertu, selfridges.co.uk

Superior sound Powerful and refined sound quality is captured in the BeoLab 20, B&O’s latest speaker offering. An immaculate wireless sound system, the BeoLab 20 boasts a conical design that picks up every nuance. Giving a superior sound experience and a sleek and modern design, B&O has yet again merged form and function seamlessly.

Ready, get set, go When it comes to fitness bands, the UP24 by US tech company Jawbone is a big contender. Designed to fit seamlessly into your life, the UP24 looks understated and stylishly simple. Tracking your activity and sleeping pattern, Jawbone’s app allows you to set realistic fitness and wellbeing goals, while wireless synching enables realtime updates on your activities. UP24, £124, Jawbone, selfridges.co.uk

BeoLab 20, £7,495 for a pair, Bang & Olufsen, bang-olufsen.com

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THE BIG HITTER Henry Hopwood-Phillips meets one of golf’s more colourful characters, Ryder Cup captain and a man with more drive than a two-iron, Mr Paul McGinley

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| interview |

atford, as even its most zealous fan would admit, is not known for its glamour. So I am apprehensive when I get the call to go and meet Paul McGinley, one of golf ’s superstars at a hotel there. As the taxi pulls into The Grove, however, I realise I’m not at any normal M25-straddling lodge. This is a 300-acre plot with a 7,000-yard championship golf course designed by one of the greatest course designers, Kyle Phillips. It’s a world-class golfers’ resort, drawing the biggest and best players into its orbit. One of whom is McGinley, a man who at so many points in his life might never have picked up his clubs professionally. “Yes, my background is more business than golf,” he reminds me. “I worked for the European Commission for six months and an investment company in Dublin for another six.” He also has a diploma in marketing and an international business degree. The assumption that people at the top of the game are child prodigies still lingers in most areas of achievement, and I express surprise that he wasn’t born immediately beating a path towards the irons. “Not at all, quite the opposite, in fact. I used to play Gaelic football professionally until I broke my knee cap,” he explains. I want to ask something about the outfits, who doesn’t. Are the garish colours and checks of golf a deliberate statement against counter-culture, or should we stop trying to read irony into everything. But just as I start, the phone goes off. “No Dad, I didn’t watch the game, it’s not shown on English TV.” An impish smile breaks out across his face. I work out that it’s not golf they are talking about but Gaelic football. “Listen, I got an interview; got to go,” his Northern Irish accent lilts beautifully. “Ok, so I was at a US university doing an international business degree on a golf scholarship, thinking I’d kill two birds with one stone; either my golf wouldn’t improve and I’d have qualifications, or it would, and I’d go somewhere” Paul exclaims, throwing himself back into the conversation. But I still can’t shrug off the fact that the European Ryder Cup captain is talking as if he once might not have been good enough to go pro. Seizing on this, I wonder what Paul would have told himself if he could revisit his 22-year-old self at this crucial stage of his golfing career. There is a long pause. “I’d tell myself to have a bit more clarity and stubbornness. I’ve learned that whether it is in sport or business, you have to focus. It’s like climbing a tree; many of us climb a little and then get distracted by branches and tangents.” I try to push him away from the metaphor. “I’d tell myself you are not perfect but you’ve got your own DNA, you’ve got to fulfil your potential, your capacity; don’t go trying to be something you’re not.” This is interesting territory. I probe him on why this advice might have been useful to the young McGinley. “I guess too many times I assumed there were recipe books for success and pushed myself into the moulds of others.” Paul’s eyes light up. “The bottom line is I’m five foot seven, so I’m never going to be a power-hitter.

“I was at a US university doing an international business degree on a golf scholarship; either my golf wouldn’t improve and I’d have qualifications, or it would and I’d go somewhere” Spend energy on your strengths, not trying to be a textbook player.” 2002 was McGinley’s first Ryder Cup. He’s come a long way since. I undiplomatically suggest he’s coming to the end of his career. Fortunately he laughs. “Yes I’m 47; I’ll probably play until I’m 52. “Don’t worry though; there are plenty of irons in the fire.” He lists just a few of his activities: TV punditry, company directorships, motivational speeches for some of the companies that have sponsored him from the beginning of his career (Investec, Allianz and Adidas Tailored) and the establishment of several golf schools internationally. He is very popular in the business world, and it’s not hard to see why. There is a hard edge to Paul but it’s buttered with charm. When he’s giving his speeches he’s not there suffering, waiting to clamber into the golf buggy, he’s there to learn. The golfer launches into a description of an awards ceremony for entrepreneurs that he’s just returned from. “It was in Morocco, and I thought we would be dealing with young guys with big dreams. Instead, the average turnover of the 52 entrants was £700 million.” I ask for an example of how he’s helped a firm before. “Often in M&A there are companies from different cultures trying to hit on the correct modus operandi. This can be difficult; in fact it often requires Ban Ki-moon skills. I impart some of the experience I’ve had leading the European Cup team, getting people from all over the place to gel.” But Paul wants to get things back to basics. “It is ultimately about having fire in your belly. That is where everything starts. If you don’t, life is tough. Once you have that energy, it’s about reflecting on how to use that energy wisely, getting yourself off autopilot.” As I’m whisked away from the hobbitty land of golf greens, I sing Paul’s praises to the taxi driver. And as we compare notes on other golfers I’ve met, the driver chuckles at my reason why: “The last golfer I met, Rory McIlroy, stole the girl I started dating”. Paul McGinley is an ambassador for Investec, the specialist bank and asset manager. For further information, visit investec.co.uk

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Before the professionals arrive for this yearâ&#x20AC;&#x2122;s Ryder Cup, The City Magazine takes to the course that started it all Words: Chris Hall

| FEATURE |

here aren’t many sports in which an amateur can take to the same field, arena or track as the professionals. Sure, you can drive the layout of the Grand Prix track in Monaco, but having done so I can report it to be a supremely disappointing experience. If you discount sports that are held in the world at large – cycling, skiing, sailing – I can think of only one sport that offers a properly comparable experience. So it was particularly exciting to be offered the chance by Omega to be one of the last people to play the PGA Centenary course at Gleneagles, before it plays host to the 40th Ryder Cup between 23-28 September. It is of particular significance that this year’s cup should be held at Gleneagles. It was in 1921 that a team of 12 American golfers sailed across the Atlantic to contest the British Open – a tournament no American had won, at that point – at the invitation of Golf Illustrated magazine. A warm-up match was scheduled for 6 June, to be played at the King’s Course at Gleneagles, between the visiting American professionals and a team of British pros. Ten men, not 12, eventually teed off from each side, and Britain won 9-3 over a mixed-format tournament. And so the seeds of the Cup were sown in the beautiful valleys of Perthshire. It was the world’s first international golf tournament, created in a fantastically endearing fashion. In the age of multimillion dollar sponsorships and television deals, it’s worth taking a minute to dwell on the humble origins of the Cup. The institution that is the Gleneagles Hotel was still under construction, so the players slept in railway carriages. The tournament didn’t truly come into being until 1927, when businessman and long-time golf sponsor Samuel Ryder donated the trophy that bears his name, and Walter Hagen became the first winning captain, lifting the trophy at Worcester, Massachusetts, as the US triumphed 9½-2½.

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| FEATURE | But it started here. And now I’m teeing off on the course where the next chapter of Ryder Cup history will be written, on a course specifically designed to give Gleneagles a shot at hosting the biggest tournaments in golf. Jack Nicklaus crafted 18 testing holes in 1993, and they have been made harder and harder ever since – perfect conditions for a 24-handicapper used to the wide, forgiving fairways of Surrey. The day’s play is a ‘shotgun start’ tournament, so we’re starting at the 16th hole – the longest of the 6,804-yard course at 518 yards. Despite a practice round the previous day on the King’s Course, my heart is pumping, but my first drive is straight, if not overly long. My nerves calmed, I string together a few decent shots, and as the morning mist burns away, I get a chance to reflect on the course. It belies its young years, in that it feels as well-established as the much older King’s and Queen’s courses. We have arrived with some of the best weather Scotland may ever have seen, and the views of the surrounding mountains are breathtaking. The words used by The Scotsman 103 years ago are equally apt today: “The sun lit up the golden glory of the gorse.” Ah yes. The gorse. A few holes down the line and I’m halfway through the second, one of the trickiest par fives on the course, and suddenly I know all about the gorse. From the tees, Gleneagles is calm and inviting, but it is in fact a ravenous green monster with an appetite for golf balls. The thick, impenetrable rough will go on to claim several packets of my Nike balls. This is one of the hardest things to get used to – the fact that you will very rarely find a misplaced drive. The fairways themselves aren’t so narrow, but they play as if they have cliff edges at either side.

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LEFT View from Gleneagles Hotel BELOW Gleaneagles Hotel

The overall feeling is reminiscent of those cyclists who tackle Mont Ventoux before Le Tour comes through, of sweating and labouring around a course that the professionals will tackle with relish

The greens are vast and demanding, but not as quick as I’d expected. I’m able to restore a little pride with my short game, although there are some devilish slopes, and nearly every hole is well-guarded with challenging bunkers. Halfway round and I’m just about holding my own, coping well with the taxing up-and-down 5th. But the sand and water at 8 and 9 have put the brakes on, and I’m in a real slump. There’s no letup – even the par three holes pose a stiff obstacle. Ten and 11 offer little solace, and on 12, with four holes to play, I’m ready to throw in the towel. And then golf does what it does best. A lifeline in the form of a near-perfect tee shot at the 13th is enough to pluck me from the depths. I make par, and follow that with bogies on the 14th and 15th. I’m practically ecstatic. It’s impossible not to smile at the scenery, even when it’s taking chunks out of your game. I loved playing the PGA course, but the overall feeling is reminiscent of those cyclists who tackle Mont Ventoux before Le Tour comes through, of sweating and labouring around a course that the professionals will tackle with relish. I’ll be content to nod sagely when the Ryder Cup’s on, secretly hoping that someone comes unstuck in the same spots I did. I won’t bet on it, though.

Lee Valley VeloPark, Queen Elizabeth Olympic Park Ready for your next challenge? Track | BMX | Road | MTB

Book your session now visitleevalley.org.uk/velopark

Last Man Standing As Mike Tindall MBE closes the curtains on a glittering career, rugby bids farewell to the last of the class of 2003 Words: RICHARD BROWN ÂŠ Neil Balderson

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| interview |

or a 16-stone skinhead with a nose that’s smeared across his face, Mike Tindall is a remarkably softly-spoken man; his gentle demeanour belying of a career built off the back of pummelling opponents into the ground. Back in July, he announced his retirement from rugby, bringing to an end an illustrious 17-year spell in elite sport, and making him the last member of the 2003 World Cup winning team to hang up his boots. The City Magazine met the former centre in Canary during the 2011 Rugby World Cup that threatened to Wharf courtesy of online Forex broker UFX.com, a taint the memory of an otherwise extraordinary career. company for which Tindal now acts as an ambassador. Amid accusations of dwarf throwing and CCTV footage So, first things first; what now? involving a flirtatious Mike and a mystery blonde, the “Well, I’ve got to do something. Rugby’s not like previous world cup winner was hauled in front of the football, you’ve got to get a job afterwards. I like the RFU Disciplinary Board to face charges of misconduct. idea of commentary or radio or TV. I still want to be Indicative of the sort of respect Mike yields, involved in sport. A couple of the guys have gone into commentating, Austin and Daws are doing particularly was the speed at which his peers rushed to his defence, including one heavyweight admirer, Sir well. They make it look easy.” Clive Woodward. “I had no hesitation in appearing You could always follow Kyran Bracken. “Ha, yes, as a character witness for him at the hearing at Bracken. He’s basically a full-time ice dancer now. He Twickenham,” wrote his ex-coach in a column for the did Dancing on Ice and now he goes off and does loads Daily Mail a few weeks ago. “I was very proud to do so. of shows. That’s genuinely what he does. There’s a wide I believe what happened in New Zealand was blown selection of things out there. I want to try it all.” out of proportion, and I thought it important that You earned 75 caps for England, 181 for Gloucester, somebody reiterated his complete devotion to England 85 for Bath and five for the Barbarians, a team that over a long career.” last year you captained. You achieved the 2003 Grand It is the same man that Mike can thank for what Slam, have won the Guinness Premiership and lifted he declares his career highlight – the winning of the Webb Ellis Trophy. Surely that type of success the Rugby World Cup eight years previous. Sir Clive breeds a winning mentality that can be applied to any Woodward is often quoted for his T-CUP (Thinking job in any industry? Clearly Under Pressure) theory. It is a concept “Yes, but the downside of sport is that you thought fundamental to great leadership. So, get told what to do a lot of the time; where to just how good was Sir Clive? be, what to wear, how to train etc. You’re moving “Clive initiated where England got to. He is from a very institutionalised area, to what is a very the eternal one per cent chaser. He would do individual state of mind. Suddenly you’ve got to go the most random things if he thought he out there and find your own way. could make us one per cent better. People “I’m planning on spending a bit more time always remember the 2003 quarter with UFX and learning a lot more about finals against Wales. We went into half trading and foreign exchange. I want to time on the ropes. But when we got upskill myself in other areas. I’ve got some into that changing room, there was friends in Canary Wharf; I had lunch with no panic. Clive was just clam. He one of them just now. I’ll be honest; it said what he had to say and then doesn’t look too hectic up here!” he said ‘Right lads, go out there Try telling that to one of the banking and start again, play again’. He interns that has just completed three took us to a whole different months of 70 hour weeks. level. He deserves all of the This issue of The City Magazine credit he gets.” is our Leadership Special and we’ve One year ahead of the spoken to, or examined, a host of 2015 World Cup, Tindall sporting trailblazers, including this believes England’s players have year’s Ryder Cup captain Paul McGinley, an amazing chance of achieving Team Sky manager and Team GB’s Dave success on home soil. “Genuinely, straight Brailsford, and Derek Lardelli, the spiritual down the line, I think we are going to be consul to the all-conquering All Blacks. You’ve hard to beat,” he says. played under the leadership of many high profile So, as a host of young talent steps into names, who was the most inspirational? the light, hoping to cement its place in the “There are two types of inspiration; there’s sporting history books, how does one retiring Lawrence [Dallaglio]: visual, crying, pounding England legend hope to be remembered? his chest, the alpha male. Then there’s Jonno “On the pitch: as a tough, honest, [Martin Johnson], the strong, silent type who hardworking player. Off the pitch; as you just look at and go ‘oh, OK, we’re going’. someone who was good fun, as someone I was always a Jonno type of person. You who enjoyed themselves.” We think you can knew if you played half as well as Jonno, Mike Tindall MBE playing against be guaranteed of that Mike. you’d have a great game. Jonno wasn’t a Argentina at the big talker. He led.” RWC 2011 Mike Tindall spoke to The City Magazine on For all of Tindall’s on-field behalf of UFX.com. achievements, it is his off-pitch antics

Indicative of the sort of respect Mike yields, was the speed at which his peers rushed to his defence

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A room with a view The City Magazine soaks up the atmosphere in Club Wembley’s exclusive Private Boxes

s sporting experiences go, football doesn’t get much more exhilarating than watching a cup final at Wembley in your own Private Box. Taking the voyeur experience to another level, Club Wembley’s Private Box membership presents all the atmosphere of the game whilst allowing you to entertain clients or relax with friends in privacy and comfort. Looking out over a sold-out Wembley, 90,000 fans cheering as the atmosphere builds, you get a feeling that’s hard to beat. From The FA Cup Final to the Capital One Cup Final, Wembley offers a stellar line-up and for its members – the seats to match. Club Wembley’s highly-coveted Private Box membership provides year-round access to eight, 12 and 20 seat boxes, guaranteeing you a spot at some of the most exclusive sporting and entertainment events in London. Available 350 days a year, Club Wembley Private Boxes offer unrivalled views of the pitch and an incredible

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backdrop for those office away days, board meetings and client lunches. Try finding a meeting venue with an outlook that’s more unique than Wembley stadium. However, it’s not just about access to a world-class venue, sought-after seats or even exceptional events, for Club Wembley Private Box holders it’s also about the exclusive opportunities and experiences made available to its members. Past Club Wembley Private Box holders have had priviledges that include breakfast with the England manager, access to team training sessions and, for the children, match day mascot opportunities with their sporting heroes. But above all else, the peace of mind that you and your most valued clients have tickets to some of the most spectacular events in the world, makes a Club Wembley Private Box membership an investment with solid returns. Boxes start from £37,275 per annum. or £260 per person per event. Please call 020 8795 9580 for more information or visit clubwembley.wembleystadium.com

Knowing that you and your clients have tickets to some of the most spectacular events in the world, makes a Wembley Private Box membership an investment with solid returns

| SPORT |

Club Wembley event Calendar 2014/15 season

SEPTEMBER 2014 England v Norway NFL - Dolphins v Raiders

Wednesday 3 September Sunday 28 September

OCTOBER 2014 England v San Marino (Euro 2016 Qualifier) NFL – Lions v Falcons

Thursday 9 October Sunday 26 October

NOVEMBER 2014 NFL – Cowboys v Jaguars England v Slovenia (Euro 2016 Qualifier)

Sunday 9 November Saturday 15 November

MARCH 2015 Capital One Cup Final Johnstone’s Paint Trophy Final England v Lithuania (Euro 2016 Qualifier) Saracens v Harlequins The FA Trophy

Sunday 1 March Sunday 22 March Friday 27 March Saturday 28 March Sunday 29 March

APRIL 2015 The FA Cup Semi Final 1 The FA Cup Semi Final 2

Saturday 18 April Sunday 19 April

MAY 2015 The FA Vase Sky Bet Championship Play-Off Final Sky Bet League One Play-Off Final Sky Bet League Two Play-Off Final The FA Cup Final

Saturday 9 May Saturday 23 May Sunday 24 May Monday 25 May Saturday 30 May

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| MOTORING |

CIRCUIT TRAINING A near empty race track, a rapid Peugeot and a driving coach riding pillion to offer adviceâ&#x20AC;Ś Matthew Carter laps it up

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ee that BRAKE board?” asks the man in the passenger seat. I nod and he immediately says: “Ignore it. You can brake much later than that…” We are at Brands Hatch in Kent, pounding round the swooping Indy circuit in the most powerful production Peugeot ever produced – the RCZ R coupé. But rather than ignore the board I ignore him and brake hard where it’s been suggested it might be sensible so to do. I was wrong. Impetus lost, we crawl around the next corner – the Druids hairpin. It might not be the fastest corner in motor racing, but it can certainly be tackled with rather more gusto that I am managing. Next time around I swallow a brave pill and whistle past the BRAKE board, stamping the middle pedal yards later than before. I brake in a straight line, turn sharply into the corner and gradually squeeze the throttle (too much and we’ll understeer straight off) before burying it into the carpet once the car is straight again. “Much better,” comes the laconic comment from the appropriately named Colin Tester to my left. Colin is a car preparation expert and race driver but today he’s a driving coach on hand to help me get the most out of the hottest Peugeot to leave to stable. The striking RCZ coupé has been around for a couple of years now, but the ‘R’ version is new. There’s more power and less weight, bigger wheels, lowered suspension, a clever chassis and a tougher look with a fixed rear spoiler… plus some exceptionally powerful brakes, too. Essentially, it gives the RCZ some balls and lifts the Pug to a point where, on paper at least, it’s a genuine rival for the Audi TTS and the VW Golf R. So why Brands Hatch and why a track test for what’s essentially a road car? Simply that MotorSport Vision, the company run by former F1 driver Jonathan Palmer which owns Brands and a number of other circuits in the UK, uses the RCZ R for track days and driver tuition. And if it’s good enough for the next Lewis Hamilton, it’s good enough for me. So what this review won’t do is tell you how good the ride is (Brands is too smooth) or how easy it is to live with day-to-day. But it will give an indication of how it goes. And the answer to that is, pretty damn well. Perhaps the most surprising thing about the R is its engine. A top speed which has been limited to 155mph, a sub 6 second time for the 0-62mph sprint and a healthy 270hp would suggest a fairly substantial lump under the bonnet: certainly a 2-litre, if not something bigger. In fact, it is powered by a lightweight unit displacing a mere 1.6-litres. Granted it has a turbocharger to help produce that prodigious power output, but this is a fine example of a modern engine, created to deliver ample power at the same time as producing low emissions and good economy. On the track it is eager to rev and rev

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Essentially, the R version gives the RCZ some balls and lifts the Pug to a point where, on paper at least, it’s a genuine rival for the Audi TTS and the VW Golf R

THE RIVALS

Audi TTS Similar power to the Pug, but with quattro four-wheel drive and a premium feel. But then it does cost £36k… and that’s before you start ticking the options. New model due soon. Hardly exclusive.

Nissan 370Z Getting a bit long in the tooth now, the 370Z is a performance bargain with rear-wheel drive, ample power and masses of kit. The interior is a bit plasticky and the Nissan badge could be a hindrance.

Peugeot RCZ R Price £31,995 Engine Front-mounted, 1,598cc, turbocharged 4-cyl petrol Power 270 hp Performance 155 mph, 0-62mph in 5.9 secs Drive Front-wheel drive, six-speed manual

| MOTORING | hard. If there is any turbo lag – that pause between hitting the accelerator and the message getting through to the engine – it is not evident on the track. The manual sixspeed gearbox – no fancy semi automatic with flappy paddles here – is a joy to use, snicking in and out of gear with the minimum of effort. The steering is excellent, positive and full of feeling while the way the car puts its power down is an object lesson in how to make a front-wheel car handle. It’s down to a clever Torsen differential, those bigger wheels and tyres and bespoke suspension settings. The grippy sports seats help, too.

Attacking the bends at Brands, especially the awesome Paddock Hill where the road drops away dramatically halfway through the corner, the Pug feels composed, pokey and a lot of fun. And as alluded to earlier, the brakes are remarkable. The discs ‘float’ on pins which not only reduces weight but aids cooling: never did they lose feel or start to fade, despite the pounding they were getting. After a dozen or so hard laps, it’s back to pits to let everything cool down, giving time to have a closer look at the car. In a world of lookalike three-door hot hatches, the RCZ is refreshingly different, with its ‘double bubble’

roof and dramatically extended wheel arches. In ‘R’ guise it is well equipped, too, with leather/alcantara trim, sat nav and 19-inch alloys all as standard. But where it really excels is in the driving experience provided by the trick chassis and that remarkable engine… little wonder the R costs £5.5k more than the 200hp GT model. Worth every penny, though. An hour-long session at Brands Hatch with expert tuition and in one of their RCZ Rs (save wear on your tyres and engine – you know it makes sense) is available from £250. Head to msvtrackdays.com for all the info.

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Words: Jennifer Mason The new Rolls-Royce Phantom Drophead Coupé Waterspeed

On 1 September 1937, British speed record pioneer Sir Malcolm Campbell took to the waters of Lake Maggiore on the Swiss-Italian border in his Rolls-Royce-powered Bluebird K3 hydroplane boat. The cerulean craft would, shortly after, go down in history as Campbell went on to break the world water-speed record twice in two days; triumphantly trouncing the Americans’ five-year dominance and showcasing the power of the Rolls-Royce R-engine by reaching speeds of 126.32 and 129.5mph. To celebrate this notable achievement, RollsRoyce Motor Cars’ Bespoke department has created a series of 35 specially-designed Phantom Drophead Coupés in the exclusive ‘Maggiore Blue’ colour scheme, the first of which was unveiled at this year’s Villa d’Este. In an exciting twist for motoring enthusiasts, the bright bespoke elements of the new collection can also be found under the bonnet, echoing the traditions of Campbell’s engineers (who always painted the Bluebird’s engine to match her exterior) and bringing the iconic Rolls-Royce Phantom engine into the design mix for the very first time.

For more information on the Waterspeed Collection, or any other Rolls-Royce models, visit rolls-roycemotorcars.com

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Col

eed

| MOTORING |

Collection proves that it’s what’s on the inside that counts

the power The legendary Rolls-Royce 6.75-litre V12 engine under the bonnet of the Phantom Drophead Coupé produces 453 brake horsepower (that’s 5,350rpm) and 531lb of Torque. This behemoth of an engine gives a (limited) top speed of 150mph, accelerating from 0-60mph in 5.6 seconds.

the pleasure The days of revving the engine are over when driving a Rolls-Royce. Not only is there no rev counter (instead R-R have fitted their signature Power Reserve Gauge to ‘casually’ reveal the enormous power potential at a driver’s disposal) but the 8-speed gearbox, with its virtually imperceptible shifts, enhances the famous silky-smooth ride and makes the most of the oomph on offer.

the promise Rolls-Royce drivers will get, on average, 19.1mpg from their direct injection Phantom Drophead Coupé petrol engine – about the same as the new Aston Martin V12 Vantage S, or a Bentley Continental GT. That’s pretty impressive for a powerful engine propelling a car weighing over two tons.

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Be unique:

Lebua Sky Bar Bangkok A round up of extraordinary destinations that exceed all expectations Words: AMY WELCH From bustling cities to exotic beaches and wild safaris, five-star predictability has reached all corners of the globe. For seasoned travellers the wow factor can sometimes be found missing; truly incredible destinations offering something unique are becoming few and far between. This month, we give you the ultimate guide to worldwide gems that turned their back on predictability.

Rooftop bars have become something of regularity in London, but for seasoned travellers and serial globetrotters, there is just no competing with the views from Lebua Sky Bar, Bangkok. As one of the highest open air bars in the world, this firm favourite towers over the vibrant city at 820 feet and offers some truly spectacular views. Thanks to an appearance in the 2011 blockbuster comedy The Hangover Part II, Lebua has gained a cult following, attracting visitors from all corners of the globe. Be sure to try the Hangovertini; created for the cast of The Hangover franchise, this cocktail has gone on to become Thailandâ&#x20AC;&#x2122;s signature drink. lebua.com/sky-bar

Bota Bota spa Montreal The unique Bota Bota spa began its life as a ferryboat in Quebec during the 1950s. Acquired privately in 2008, the new owners had the bizarre notion of turning the vessel into a spa. The renovated ferryboat now presents sleek, minimalist lines and innovative architecture throughout its five decks and numerous treatment rooms. Now anchored in Montreal, the floating spa has proven to be a great success, with travellers being drawn to its modern design and quirky maritime history. Luxury treatments on offer, including massage and water therapies, are tailored to individualâ&#x20AC;&#x2122;s needs. botabota.ca/en/

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LEFT View from Bota Bota spa

| TRAVEL |

Green T. House China

“Every man can transform the world from one of monotony and drabness to one of excitement and adventure.” – Irving Wallace, American Novelist –

In terms of luxury spa retreats, the Green T. House is unique in its approach to holistic healing, making it a destination of choice for spa goers. Widely considered to be the best bathhouse in China it is practically impossible for guests not to feel utterly relaxed and pampered here. Established in 1997 by classical musician JinR, this unique spa specialises in Chinese culture and green tea, as the name might suggest. Winning a design award for its sleek interior, Green T. House offers guests traditional Chinese healing therapies within a stunningly contemporary space. Treatments include a green tea bath, qi kong martial arts and music therapy. green-t-house.com

Ana Yela Marrakech For anyone looking to add a drop of romantic meaning to their stay in Marrakech, this 300-year-old city palace is designed around a love letter that was discovered in a secret room while it was undergoing renovations. Written by a young girl called Yela, the love letter has inspired the Arabian Nights ambience achieved in each private room. Amongst the handcrafted Moroccan interiors guests can become a part of Yela’s story through the letter which has been inscribed in silver throughout the riad. The exquisite local craftsmanship has made this unique building a piece of art in its own right.

Private rooms from £127 pp per night, anayela.com

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Pershing Hall Paris Combining the luxury of a central Parisian location with the beauty of a tropical rainforest is no small feat for any establishment. Paris’ delightful Pershing Hall has elegantly overcome this challenge by creating an imposing vertical garden in its 19th-century courtyard bar and restaurant. This horticultural wonder is the brain child of botanist Patrick Blanc and consumes Pershing Hall’s central courtyard at 34 metres high. Teaming with tropical plants from the Himalayas, the Amazon and the Philippines, the vertical garden is illuminated by hundreds of fairy lights. The glamorous amber lighting changes throughout the day, producing the perfect tones for all occasions, but a particularly lovely atmosphere for evening drinks.

Fish-Eagle Bar Botswana Widely considered to be one of the most romantic bars in the world, the Fish-Eagle bar in Botswana has cultivated a loyal following due to its breath-taking views. Located deep within Botswana’s Okavango Delta, the FishEagle bar benefits from some mesmerising sunsets over the delta. With its lush green wetlands, forested islands and parched deserts, Botswana offers visitors a glimpse of the real Africa. The Okavango Delta is an area of untamed beauty in the centre of the Kalahari Desert and at the

Fish-Eagle bar you can experience it all. Newly deemed a World Heritage Site the Okavango Delta is the perfect setting to gaze at the vast dome of the African night sky. The area is positively teaming with a variety of animal, plant, fish and birdlife. At the connecting Belmond Eagle Island Lodge guests can take a helicopter safari and get a birds-eye view of the expansive landscape below. With a staggering variety of animals close by there is nowhere better to sit and take in the mesmerising African landscape, during the ultimate relaxing escape. belmondsafaris.com/web/safaris/ eagle island lodge

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Just a stone’s throw from the Champs Elysée, you can indulge in Pershing Hall’s relaxing horticulture without removing yourself from the culture and decadence of central Paris. This unusual garden centrepiece provides a little slice of Amazonian beauty right in the heart of Paris. pershinghall.com

| TRAVEL |

Conrad Maldives Rangali Island Resort Maldives The Rangali Island Resort’s aquatic rooms are quickly becoming an icon for 21st century luxury travel. The Ithaa restaurant, located 16 feet below sea level, surrounds diners with sea life and proves highly exclusive, seating just 12 people at a time. If the Undersea Restaurant doesn’t get you quite close enough to the aquatic life, a mini submarine excursion is also available, offering an opportunity to truly appreciate the vibrant coral reef. Rooms from approx. £406 pp per night, conradhotels3.hilton.com

Whether in the city, by the sea or in the great outdoors, these unique experiences present new perspectives on classic destinations

Vamizi Island Mozambique

Loeb Boathouse Manhattan Manhattan’s Loeb Boathouse is a calm retreat in the middle of the city that never sleeps. With sweeping views of Central Park, the cherished Loeb Boathouse is the ultimate urban oasis. Just a short way from the epicentre of energetic Manhattan, the boathouse offers tranquillity and nature without having to leave the city. The Boathouse’s Lakeside restaurant looks out directly onto Central Park Lake and is the perfect spot for a romantic lunch. Gazing at the calm water you’ll want to spend far more than a New York minute here and perhaps even join in the 150-year old tradition of renting a paddle boat to take out on the lake. The fine dining and elegant natural views alone will surely make for an unforgettable visit.

With Neptune’s Arm thought to be one of the best dive sites in the world, Vamizi Island is something a little special. What better place to sample Mozambique’s abundance of aquatic life and coral landscapes. Vamizi, forming part of the Quirimbas Archipelago in northern Mozambique, offers a wealth of activities, from spa treatments to turtle watching, in addition to the stunning dive sites it’s best known for.

Hotel Kakslauttanen Finland The beautiful Aurora Borealis, or Northern Lights, has put Scandinavia on the radar of travellers in the know. Caused by the interaction between the solar wind, the Earth’s magnetic field and the upper atmosphere, the Aurora Borealis is one of nature’s greatest light displays. Best seen at night, there is no need to wait out in the cold when there’s the option of staying at the Hotel Kakslauttanen in Finland. Accommodation comes in the form of private glass igloos which, offer amazing visibility throughout the northern lights season, which runs from mid-August to April. Glass igloos from £128 pp per night, kakslauttanen.fi/

Diving packages from approx. £117 pp, vamizi.com

thecentralparkboathouse.com

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Leave no stone unturned Leaving no stone unturned, Stone World has grown to specialise in some of the rarest and most exquisite colour variations of Natural Stone from around the world, from the finest marble in Italy to the flawless granite mined in Brazil. With stock of over 4,000 slabs at the Park Royal warehouse facility, clients are encouraged to visit to personally select the exact slab they would like to use for their projects. For those seeking inspiration for design ideas and colour palettes, Stone World has launched an app: The Stone Library. The app allows users to search for Natural Stone by colour, the material category or texture and keywords. Each Natural Stone entry has an enhanced image quality feature, which enables users to use the entire screen as a sample swatch, helping them to build colour schemes and specify particular stones for a new project.

020 8838 3232 st o ne wo r l d l o n d o n . c o . u k

LONDON HOMES &

PROPERTY Covering THE CITY, Wapping, Shad Thames, Shoreditch & Islington

A historic home LUXURY LIVING AMONG LONDON’S MOST ICONIC LANDMARKS

Image courtesy of Berkeley Homes Ltd, berkeleygroup.co.uk

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PROPERTY NEWS SALES MARK BENNETT, senior negotiator at Knight Frank Wapping, comments on the trends in the residential sales market The Wapping and City market has performed very well year to date, with an annual growth rate of 9.2 per cent for Wapping and when combined with the City and Fringes, 16.1 per cent. This is a stark contrast to some Central London areas that have seen growth start to tail off recently. It is easy to see why buyers are still lining up to purchase City and river fronted properties, as all the sparkling new buildings take shape in the London skyline. The renewed economic growth, coupled with historically low interest rates has seen demand, not only from the domestic market but also international, as buyers wait to purchase in this highly competitive market. The Governor of the Bank of England, Mark Carney, has recently been trying to cool the marketplace. The general consensus from property professionals suggests the introduction of stricter mortgage lending, which came into effect in April this year, has had some effect on cooling the market. Despite this, an appetite from some buyers still remains in the core and sub two million brackets, with purchasers looking to take advantage of cheap mortgage money before any potential rate rise. However, both buyers and sellers expectations on growth are having to re-align due to the lending caps now in place on people attempting to borrow more than 4.5 times their annual income. As people start to return from the summer break making plans to be in their new home before Christmas, it is expected that quarter three and four will remain busy but the marketplace will inevitably stabilise as growth slows to a more sustainable rate. Knight Frank Wapping 020 7480 6848 knightfrank.co.uk/wapping

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Keeping tabs on the market, whether living or investing in the capital

Show & Tell Anyone serious about making money from property investment should attend The Property Investor & Homebuyer Show at London ExCeL on Friday 10 and Saturday 11 October 2014. Doors open Friday 10am to 6pm and Saturday 10am to 5pm. Over the two days, 5,000 visitors will network with the leading names in UK and International property. There, visitors can attend seminars from independent speakers to ensure a healthy mix of views on property issues across the board. The show is free to enter, but avoid queuing by registering at propertyinvestor.co.uk with the code CWCM0109. For show enquiries contact Property Investor Media Ltd on 020 8877 0610 or email enquiries@propertyinvestor.co.uk. propertyinvestor.co.uk

Piece of Mind LuxDeco.com has exclusively launched the Helen Green London’s debut furniture collection. The interior design firm is known for creating an atmosphere of ‘liveable luxury’ and this collection’s British-made furniture was created to complement both classic and contemporary homes. Natalia Miyar, head of design, explained her inspiration behind the pieces’ subtle tones, natural materials and polished but simple finishes: “The root of my style is the contrast of materials – luxurious materials such as polished metal and marble against warm textured wood, linen or velvet.” luxdeco.com

| HOMES & PROPERTY |

LETTINGS GARY HALL, partner and department head at Knight Frank Wapping, comments on the trends in the residential lettings market

Well connected This month a series of contemporary two and three bedroom apartments are set to launch within King’s Cross’ highly anticipated Plimsoll Building. Each of the 74 apartments in the Summer collection features light and open designs, making the very most of this building’s waterside aspect. Situated alongside Regent’s Canal, the Plimsoll Building is just a few minutes’ walk from the most connected transport hub in London, and the UK’s high-speed rail link to Europe. The neighbourhood itself offers an exciting mix of restaurants, bars, galleries, museums and concert venues, not to mention a unique new retail quarter with boutiques, stalls and cafes. Location aside, the Summer collection offers truly special properties to call home. Prices for a two bedroom apartment start from £985,000. For more details contact Knight Frank on 020 7861 5499. knightfrank.co.uk

According to Halifax, UK house prices in July were up 10.2 per cent from a year earlier. The lender said this is

the biggest annual change since September 2007 and makes the average home worth

£186,332

Three statistics in July underlined how the prime central London rentals market is cementing a recovery that began at the start of this year. First, rental values grew on an annual basis for the first time since May 2012. Values were 0.5 per cent higher than July 2013 and have grown 1.8 per cent since January. Second, prime central London rental yields rose for the first time since April 2011. The increase was only 0.01 per cent to 2.81 per cent but the significance is that it ended a 38-month period of decline. The third indicator is that the number of prime central London tenancies agreed in July by Knight Frank was the highest ever. The recovery began as signs of life returned to the UK economy and global companies began to expand and relocate more staff to London on larger accommodation budgets. As a result, the number of viewings has risen 25.6 per cent since July last year and the number of new prospective tenants rose 16.5 per cent over the same period. To some degree, a reversal of fortune has taken place between the sales and lettings markets. Growth is slowing in the sales market as both the general election and an interest rate rise approach. The overwhelming mood in the sales market is one of uncertainty, leading some buyers to become renters and some vendors to become landlords, particularly in the prime and super prime markets where growth in the sales market has slowed to a greater extent. As a result, rental value growth has been stronger in the higher price brackets and higher for houses than flats. Values for properties over £1,500 per week have risen 0.8 per cent in the last year and 2.2 per cent since the start of the year. By contrast, rental values for properties between £500 and £1,500 per week are 0.2 per cent down on last July and have risen 1.9 per cent since January. Given what is happening in the sales and lettings markets, rental yields should continue to climb steadily in the second half of the year. Knight Frank Wapping 020 7480 6848 knightfrank.co.uk/wapping

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KnightFrank.co.uk Hawksmoor Mews, Wapping E1 Tranquil outlook

Charming mews house tucked away in a pretty gated development close to the City and Tower Hill. 2 bedrooms, 1/2 bathrooms, reception room, kitchen/dining room, terraces, communal garden and private parking. EPC rating F. Approximately 112 sq m ﴾1,211 sq ft﴿ Freehold Guide price: £695,000

KnightFrank.co.uk/wapping wapping@knightfrank.com 020 8166 5372 ﴾WAP140105﴿

Thomas More Street, Wapping E1W Double fronted townhouse

A delightful end of terrace house with views over the Hermitage Basin. 2/3 bedrooms, 2 bathrooms, full width reception room, kitchen, guest cloakroom, front balcony, patio garden and off street parking. EPC rating D. Approximately 121 sq m ﴾1,302 sq ft﴿ Freehold Guide price: £1,250,000

KnightFrank.co.uk/wapping wapping@knightfrank.com 020 8166 5372 ﴾WAQ140100﴿

City Magazine Sept 2014 Hawksmoor Thomas More

19/08/2014 12:01:14

KnightFrank.co.uk

Nelson House, Isle of Dogs E14 Grade II listed Georgian House

A stunning six bedroom double fronted end of terrace house with outstanding views across the River Thames towards the O2 arena and Greenwich. 6 bedrooms, 3 bathrooms, 3 reception rooms, sitting room, dining room, conservatory, utility room, cellar, balcony, garden, parking. Approximately 349 sq m ﴾3,720 sq ft﴿ Freehold

KnightFrank.co.uk/canarywharf cwharf@knightfrank.com 020 3641 6112

Guide Price: £3,000,000 ﴾CNW140154﴿

The City-September 2014-crop

15/08/2014 10:25:43

KnightFrank.co.uk One Commercial Street, Aldgate E1 Brand new development

18th floor luxury flat in the City. 2 bedrooms, 2 bathrooms, open plan kitchen and reception room, large balcony, 24 hour concierge and a secure parking space is available under separate negotiation. EPC rating B. Approximately 75 sq m ﴾807 sq ft﴿ Available furnished Guide price: £650 per week

Wapping Lettings KnightFrank.co.uk/lettings wappinglettings@knightfrank.com 020 8166 5366 ﴾WAQ202936﴿

Merchant Court, Wapping E1W Elegant warehouse conversion

Impressive apartment to rent in a popular warehouse conversion. 2 bedrooms, 2 bathrooms ﴾1 en suite﴿, open plan kitchen and reception room, terrace with river views, a daytime porter and an underground parking space. EPC rating C. Approximately 143 sq m ﴾1,540 sq ft﴿ Available unfurnished Guide price: £825 per week

Wapping Lettings KnightFrank.co.uk/lettings wappinglettings@knightfrank.com 020 8166 5366 ﴾WAQ202642﴿

All potential tenants should be advised that, as well as rent, an administration fee of £276 will apply when renting a property. Please ask us for more information about other fees that may apply or visit KnightFrank.co.uk/tenantcharges

Cit

KnightFrank.co.uk Hermitage Court, Wapping E1W Beautifully presented

Attractive first floor flat in a popular development in west Wapping. 1 bedroom, 1 bathroom, semi open plan kitchen and reception room, wooden floors, daytime porter and parking space. EPC rating C. Approximately 42 sq m ﴾453 sq ft﴿ Available furnished Guide price: £340 per week

Wapping Lettings KnightFrank.co.uk/lettings wappinglettings@knightfrank.com 020 8166 5366 ﴾WAQ99910﴿

St. Hilda's Wharf, Wapping E1W Riverside terrace

Elegant and contemporary flat to rent in a popular development close to Wapping Station. 3 bedrooms, 3 bathrooms ﴾2 en suite﴿, reception room, separate kitchen, additional dining area, terrace with river views, underground parking space and daytime porter. EPC rating C. Approximately 171 sq m ﴾1,847 sq ft﴿ Available furnished or unfurnished Guide price: £1,400 per week

Wapping Lettings KnightFrank.co.uk/lettings wappinglettings@knightfrank.com 020 8166 5366 ﴾WAQ184060﴿

City Magazine RHP Sept 2014 Hermitage St Hildas

19/08/2014 14:39:59

KnightFrank.co.uk

Patten Road, Wandsworth SW18 Exceptional lateral living

Stunning detached double fronted house in immaculate order with off street parking for several cars. 6 bedrooms, 5 bathrooms (3 en suite), kitchen/dining/family room, drawing room, playroom, gym, self-contained studio flat, downstairs cloakroom, coat room, utility room, wine room, plant room, garden, off street parking. EPC rating D. Approximately 527 sq m (5,672 sq ft) Freehold Guide price: ÂŁ4,900,000 (WND140160)

KnightFrank.co.uk/wandsworth wandsworth@knightfrank.com 020 7768 0993

KnightFrank.co.uk

Montevetro Building, Battersea SW11 Sensational west facing Thames views

Set on the first floor of the prestigious Montevetro building designed by Richard Rogers, this three bedroom apartment is spacious, contemporary and enjoys uninterupted views of the Thames. 3 bedrooms, reception room, 3 bathrooms, kitchen/breakfast room, residentsâ&#x20AC;&#x2122; leisure facilities including a gym, tennis court, steam room and sauna. EPC rating B. Approximately 150 sq m (1,615 sq ft) Leasehold Guide price: ÂŁ1,850,000 (RVR140173)

KnightFrank.co.uk/riverside riverside@knightfrank.com 020 3597 7670

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savills.co.uk

MONTEVETRO, sw11

UPPER MALL, w6

Open plan kitchen/reception room ø 3 bedrooms ø 3 bathrooms ø 5 terraces/balconies ø 2 secure parking spaces ø river views ø 24hr concierge ø residents' gym and tennis court ø 274 sq m (2,950 sq ft) ø EPC=C

4 reception rooms ø 5 bedrooms ø 4 bathrooms ø roof terrace with river views ø garden ø balcony ø River Thames location and views ø 356 sq m (3,832 sq ft) ø EPC=D

Guide £7.5 million Leasehold

Guide £3.95 million Freehold

Savills Battersea Park fmoynihan@savills.com 020 8877 4823

Savills Chiswick fmoynihan@savills.com 020 8877 4823

KING STAIRS CLOSE, se16

BLUEWATER HOUSE, sw18

2/3 reception rooms ø cinema room ø kitchen ø 3/4 bedrooms ø 4 bathrooms ø off-street parking ø 2 terraces ø 2 balconies ø 251 sq m (2,698 sq ft) ø EPC=C

Open plan kitchen/reception room ø 3 double bedrooms ø 3 bathrooms ø 2 balconies ø private entrance ø river views ø on-site security/concierge ø 145 sq m (1,560 sq ft) ø EPC=D

Offers in excess of £3 million Freehold

Guide £1.15 million Leasehold

Savills Wapping pctrench@savills.com 020 8877 4823

Savills Wandsworth pctrench@savills.com 020 8877 4823

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savills.co.uk

GUN WHARF, e1w

TOWER BRIDGE WHARF, e1w

Reception room ø kitchen ø 2 terraces ø 3 double bedrooms ø 2 bathrooms ø guest w.c ø conservatory ø 2 studies ø underground parking ø 232 sq m (2,500 sq ft) ø EPC=E

Reception room ø kitchen ø 2 bedrooms ø 2 bathrooms ø wrap around balcony ø concierge ø underground parking ø 112 sq m (1,211 sq ft) ø EPC=C

Guide £3 million Leasehold

Guide £1.85 million Leasehold

Savills Wapping nefthymiou@savills.com 020 7456 6800

THE JAM FACTORY, se1

HARLEQUIN COURT, e1w

Reception room ø kitchen ø 2 bedrooms ø 2 bathrooms ø roof terrace ø utility room ø 24hr concierge ø 130 sq m (1,399 sq ft) ø EPC=C

Reception room ø kitchen ø bedroom ø bathroom ø balcony ø parking ø concierge ø 116 sq m (1,250 sq ft) ø EPC=B

Guide £1.5 million Leasehold

Guide £1 million Leasehold

Savills Wapping nefthymiou@savills.com 020 7456 6800

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savills.co.uk

LETTINGS LAYOUT ONLY

CINNABAR WHARF, e1w

BELGRAVE COURT, e14

3 bedrooms (2 en suite) ø further bathroom ø reception room ø balcony with views of the River Thames ø parking ø 24hr porterage ø Council Tax=H ø EPC=D

2 bedrooms (1 en suite) ø further bathroom ø reception room ø balcony with direct river views ø allocated parking ø 24hr security ø Council Tax=G ø EPC=B

Furnished £1,500 per week

Furnished £950 per week

+ £276 inc VAT one-off admin fee and other charges may apply* Savills Wapping djtaylor@savills.com 020 7456 6826

+ £276 inc VAT one-off admin fee and other charges may apply* Savills Canary Wharf lbrunning@savills.com 0207 531 2523

TEAL COURT, e1w

DREW HOUSE, se8

Bedroom ø bathroom ø reception room ø allocated parking ø balcony with marina views ø 24hr security ø Council Tax=F ø EPC=C

2 bedrooms (1 en suite) ø further bathroom ø reception room ø balcony ø concierge ø Council Tax=F ø EPC=B

Furnished £600 per week

Flexible furnishings £420 per week

+ £276 inc VAT one-off admin fee and other charges may apply* Savills Wapping kdabrila@savills.com 020 7456 6817

+ £276 inc VAT one-off admin fee and other charges may apply* Savills Canary Wharf ibates@savills.com 020 7531 2522

3 4

*£36 inc VAT for each additional tenant/occupant/guarantor reference where required. Inventory check out fee – charged at the end of or early termination of the tenancy and the amount is dependent on the property size and whether furnished/unfurnished. For more details, visit www.savills.co.uk/fees.

Beckenham 020 8663 4433 Bromley 020 8315 5544

orpington Br6

Chislehurst 020 8295 4900 Locksbottom 01689 882 988

Orpington 01689 661 400 West Wickham 020 8432 7373

£2,500,000 F/H

Newly built contemporary six bedroom detached residence. Accommodation comprises grand entrance hall, main reception, kitchen/breakfast room, downstairs cloakroom, family/cinema room, utility area with wet room, gym, swimming pool, hot tub and sauna, master suite with en-suite, dressing area and balcony, garden for entertaining and integral double garage. Energy Efficiency Rating B.

Please contact our Locksbottom office for more information: Tel: 01689 882 988 Email: locksbottom@langfordrussell.co.uk

ORPingTOn bR5

£674,950 F/h

bEckEnham bR3

£1,250,000 F/h

Located in a secluded and quiet rural location is this impressive five bedroom detached home. Comprising spacious entrance hall, modern kitchen/diner, large lounge, study, downstairs WC and utility room, conservatory, four double bedrooms, en-suite and family bathroom. Other benefits include off street parking and a well maintained garden. Energy Efficiency Rating D.

Stunning four bedroom end of terrace regency style town house. Briefly comprising three reception rooms, stunning kitchen with bi-folding doors, study, family bathroom and four bedrooms, two of which are en-suites. The top floor is where you will find the beautiful master bedroom with en-suite leading out onto a roof terrace. Close to Beckenham Junction Station. Energy Efficiency Rating C.

Please contact our Orpington office for more information: Tel: 01689 661 400 Email: orpington@langfordrussell.co.uk

Please contact our beckenham office for more information: Tel: 020 8663 4433 Email: beckenham@langfordrussell.co.uk

The Acorn Group, incorporating:

langfordrussell.co.uk

Beyond your expectations www.hamptons.co.uk

Hooper Street, E1 £675,000 Leasehold A two bedroom duplex maisonette with roof terrace and parking. EPC: C

Bartholomew Close, EC1 £565,000 Leasehold A well presented one bedroom City flat with balcony and parking. EPC: B

Leonard Street, EC2 £650,000 Leasehold A wonderfully bright and secure two bedroom apartment in Shoreditch.

Plumbers Row, E1 £575,000 Leasehold A superb and spacious two bedroom Aldgate apartment with terrace.

EPC: B

EPC: C

Christian Street, E1 £595,000 Leasehold A beautifully presented three bedroom City apartment with balcony.

Princelet Street, E1 £3,650,000 Freehold A Georgian house blending period features with luxury fittings. EPC: C

EPC: B

Hamptons City Office Sales. 020 7717 5435 | Lettings. 020 7717 5437

Vogans Mill, SE1 £1,275,000 Leasehold An 1,181 sq ft two bedroom apartment. EPC: D

Fennel Apartments, SE1 £995,000 Leasehold A two bedroom courtyard facing apartment. EPC: B

St. Georges Wharf, SE1 £1,250,000 Leasehold A two bedroom dockside apartment with a balcony. EPC: C

Little London Court, SE1 £725,000 Leasehold An 800 sq ft two bedroom apartment. EPC: C

River View Heights, SE16 £550,000 Leasehold One bedroom apartment with a South Facing aspect. EPC: B

Butlers Wharf, SE1 £5,100,000 Leasehold A stunning three bedroom duplex penthouse. EPC: C

Hamptons Tower Bridge Office Sales. 020 7717 5489 | Lettings. 020 7717 5491

Beyond your expectations www.hamptons.co.uk

Hatton Garden, EC1 £695 per week (charges apply*) Recently refurbished two double bedroom apartment in the heart of famous Hatton Garden. EPC: B

Poppins Court, EC4 £825 per week (charges apply*) Stunning Penthouse apartment with large roof terrace superbly located in the heart of the City. EPC: G

Lamb Street, E1 £400 per week (charges apply*) Modern one bedroom apartment superbly located in the heart of Spitalfields. EPC: C

Bishops Square, E1 £725 per week (charges apply*) Two double bedroom apartment in this landmark development in the heart of Spitalfields. EPC: C

East Harding Street, EC4 £575 per week (charges apply*) A well located bright and very spacious two double bedroom apartment.

Craven Street, WC2 £495 per week (charges apply*) Stylish and modern one bedroom apartment in this fantastic central London location. EPC: C

EPC: C

Hamptons City Office Lettings. 020 7717 5437 | Sales. 020 7717 5435

*Tenant Charges Tenants should note that as well as rent, an administration charge of £216 (Inc. VAT) per property and a referencing charge of £54 (Inc. VAT) per person will apply when renting a property. Please ask us for more information about other fees that may apply or visit www.hamptons.co.uk/rent/tenant-charges

Butlers and Colonial, SE1 £530 per week (charges apply*) A two double bedroom apartment with a balcony, parking and porter. EPC: B

Vogans Mill, SE1 £595 per week (charges apply*) A two double bedroom refurbished apartment with a balcony. EPC: B

Fennel Apartments, SE1 £595per week (charges apply*) Two bedroom apartment, with a balcony use of leisure complex and porter. EPC: B

Wheat Wharf, SE1 £695 per week (charges apply*) A warehouse conversion, spacious reception room with stairs leading to mezzanine level. EPC: D

St Saviours Wharf, SE1 £795 per week (charges apply*) Two double bedroom open plan warehouse apartment, with a covered balcony. EPC: C

Victor Wharf, SE1 £1,800 per week (charges apply*) Duplex Penthouse apartment with wrap around balconies boasting river views. EPC: D

Hamptons Tower Bridge Office Lettings. 020 7717 5491 | Sales. 020 7717 5489

Beyond your expectations www.hamptons.co.uk

Owen Street, EC1V ÂŁ599,950 Leasehold A stunning one bedroom apartment with west facing balcony positioned on the upper floors of this highly sought after apartment block moments from Angel Station. The block itself has added benefits to include a 24 hour concierge, lift and communal gardens. EPC: C

Florence Street, N1 ÂŁ585,000 Share of Freehold A wonderful one bedroom apartment located on an extremely popular road moments from Upper Street benefiting from a demised patio area and a very well maintained communal garden. The property is well presented throughout and is offered with no forward chain. EPC: D

Hamptons Islington Office Sales. 020 7717 5453 | Lettings. 020 7717 5335

Colebrooke Place, N1 ÂŁ1,200,000 Leasehold A stunning duplex apartment which has been designed to offer the ultimate in luxury and contemporary design. Boasting 1126 sq ft internally the property benefits from two double bedrooms, open plan reception room and a sumptuous eat-in kitchen. EPC: C

Raleigh Street, N1 ÂŁ1,350,000 Freehold A beautiful end of terrace period house with two bedrooms over three floors located in a sought after location in the heart of Islington. A beautiful double reception room occupies the raised ground floor. EPC: E

020 7337 4000 jll.co.uk/residential royalsales@eu.jll.com royallettings@eu.jll.com 16-17 Royal Exchange, London, EC3V 3LL

Lovat Lane, EC3 £1,200,000 Share of Freehold JLL is pleased to present to the market this charming 3 bedroom, semi-detached period house. In exceptional order and arranged over 5 floors, the accommodation comprises entrance hallway, spacious reception with wood flooring, separate study/dining room, modern fully fitted kitchen with integrated appliances, downstairs wc and utility cupboard, 3 double bedrooms & 2 shower rooms (one ensuite). This delightful property blends modern and contemporary with absolute ease. The property is situated on one of the Capital’s most

characteristic cobbled lanes in the heart of the Lovat Lane conservation area and offers an exclusive opportunity to live amid outstanding listed architecture in the financial heart of The City of London. The Bank of England and Royal Exchange are approximately a 10 minute walk away and there is a fine selection of shops, restaurants and tourist attractions nearby. Monument/Bank tube station is approximately 5 minutes’ walk away and London Bridge is station approximately 10 minutes’ walk away.

Lothbury, EC2 £625 Per Week

Neo Bankside, SE1 £725 Per Week

A rare opportunity to rent within this Grade II* listed conversion in the heart of the City. This luxury 1 bedroom apartment is situated on the 3rd floor, with views directly into the Bank of England. Offered fully furnished with a contemporary fitted kitchen and luxury bathroom.

A luxury 1 bedroom apartment in the award winning Neo Bankside development. Situated on the 9th floor with West facing views, boasting a bright reception, fitted kitchen, double bedroom, luxury bathroom with bath & walk-in shower cubicle, and a spacious utility cupboard. Offered fully furnished.

The Heron, EC2 £515 Per Week

The Heron, EC2 £675 Per Week

A stunning, fully furnished West facing Galley suite on the 10th floor of the Heron development, located in the heart of the City. This apartment offers a well sized reception area with West facing balcony, partitioned sleeping area, open plan kitchen, Walnut flooring throughout and luxury shower room.

A luxury 1 bedroom apartment situated in the popular development, The Heron. This luxury apartment is situated on the 19th floor, offered fully furnished and comprises a spacious reception/dining area, double bedroom with fitted wardrobes, luxury bathroom, contemporary fitted kitchen.

John Spencer Square

ÂŁ1,350,000 freehold

Canonbury N1

An absolutely stunning 3 bedroom neo-Georgian mid terraced house set around an idyllic garden square, located right in the very heart of the Canonbury conservation area, undoubtedly Islingtonâ&#x20AC;&#x2122;s most desirable area. EPC rating E

Sales

020 7359 9777 sales.islington @chestertons.com

Barford Street

London N1

A immaculately presented 3 bedroom terraced house in Angel. The property offers an abundance of natural light & space & consists of a double reception room with high ceilings, period features & wooden floors, a delightful eat in kitchen, 2nd reception room, tranquil private garden, 3 spacious double bedrooms & 2 modern bathrooms. Angel station & the vibrant Upper Street are within close proximity to the property. EPC rating D

Additional charges apply. Administration: £222 (VAT included). References per tenant: £42 (VAT included)

£1,350 per week

Lettings

020 7226 4221 lettings.islington@chestertons.com

chestertons.com

Wellington Terrace,Wapping E1W

£695,000

2 double bedroom, 2 storey house set within this gated CCTV development. The property has been fully modernised to include double glazing, replacement ceilings, wood floors, , alarm, central heating system operated via remote control, smart phone or internet. Lounge. Fully fitted kitchen. Double bedrooms with fitted wardrobes. Garden. Secure Underground parking space. Potential to extend into the loft subject to planning permission. Close to Wapping station and local amenities.

Dundee Court, West Wapping E1W

ea2 are pleased to offer for sale this spacious 3rd floor 2 double bedroom, 2 bathroom characterful apartment, circa. 1700 sq ft set within this popular secure warehouse conversion within this West Wapping location.

£1,500,000

The apartment benefits from spacious entrance hall with double doors leading to reception. Reception with 3x double doors with ‘Juliet’ style balconies with views over residents internal courtyard. 2x double doors leading to fully fitted Kitchen diner with ‘neff’ integrated appliances to include, oven, steam oven, warming draw, wine cooler, double fridge freezer with water cooler, microwave, Tudor House,Tower Bridge, SE1 induction hob with canopy extractor hood above. From the kitchen leads to a fully fitted integrated utility£1,595,000 roomfloor to include washer/dryer additional sink. Master bedroom with Plan walk in dressing room and en-suite 3 piece bathroom Secondwith bedroom with en-suite 4 6th luxury 2 Doubleand Bedrooms, 2 Bathrooms, Open Reception Room, large balcony. Master suite. bedroom en-suite piecewalk bathroom suite. OtherModern features include under floor heating to both 24 bathrooms and kitchen. Censored lighting to Residents both bathrooms and utility room. Exposed brick and in wardrobe. Integrated Kitchen, Balcony, Hour Porter by Harrods Estates, Gymnasium, Swimming work. cast Daytime porterage andShopping secure underground space. Close to to Wapping and Bridge. Tower Hill stations. Close to St Katharine’s Dock Pool, Liftsiron to beams. all floors. Close to Local Facilities,parking Walking Distance London

Matilda House, West Wapping E1W

Codling Close, West Wapping E1W

Rental Price: £335 per week

Rental Price: £450 per week

ea2 are pleased to offer to let this 3rd floor 1 bedroom ex local authority flat. Lounge with views of River Thames. Fitted kitchen. 3 Piece bathrooms suite. Close to Tower Hill stations and St Katharine’s Dock.

ea2 are pleased to offer to let this 2/3 bedroom modern built 2 storey house. Lounge. Fitted kitchen. 3 Piece bathroom suite. Garden. Allocated parking space. Close to Tower Hill Stations and St Katharine’s Dock.

Roding Mews, Wapping E1W

ea2 are pleased to be able to show you this 6 bedroom 4 bathroom house for rental with a garden. This property is a very unique property and has views over the canal. Would suit 6 professional people. Close to Tower Hill and Wapping Overground and close to Waitrose.

£1,300 per week

Hermitage Court, West Wapping E1W

Park Vista, Wapping Lane E1W

Rental Price: £500 per week

Rental Price: £700 per week

Prusoms Island, Wapping E1W ea2 are pleased to offer to letDocklands this spacious 1st floor, Cascades Tower, E14characterful 2 bedroom, 2

Hermitage Court, West Wapping E1W ea2 are pleased to offer to let this 1 Double bedroom 2nd floor£500 apartment within per week

ea2 are pleased to offer to let this modern built 2 bedroom, 2 bathroom first floor apartment. The apartment benefits from reception, separate fitted kitchen, balcony and secure underground parking space. Daytime porterage. Use of residents communal courtyard.

ea2 are pleased to offer you this 2 bedroom, 2 bathroom apartment on the 7th floor in the brand new development. It has 2 balconies with amazing views over London. Heated wall in the bathroom, climate control, use of the gym plunge pool steam room and sauna, there is also a 12 seater cinema.

this secure gated development. Reception with balcony overlooking the private bathroom warehouse conversion. The property benefits from a spacious lounge, 2 double bedroom, 2 bathroom 11th floor apartment within this secure modern development. Comprising a reception courtyard. Secure underground parking. Porterage. Situated close to Wapping and fully fitted kitchen, laminate wood floors. Secure underground parking. Caretaker. room with water/ City views, fitted kitchen, master bedroom with walk-in wardrobe & en suite bathroom, additional Tower Hill stations Close to Wapping station and local bus routes.

shower room. Balcony. Swimming pool, Gymnasium & Tennis court. Concierge. Rental Price: £400 per Week Rental Price: £600 per week

ea2Estate EstateAgency AgencyHeritage HeritageCourt Court| |8-10 8-10Sampson SampsonStreet Street| |Wapping Wapping| |London LondonE1W E1W1NA 1NA ea2 0207702 77023456 3456| |f:f:020 0207702 77029168 9168 t:t:020 www.ea2.co.uk| |property@ea2group.com property@ea2group.com www.ea2.co.uk

The Knightsbridge Apartments, Knightsbridge SW7 • 2 Bedrooms

• Dining room

• Bathroom (en suite)

• Kitchen

• Shower room (en suite)

• Study area

• Cloakroom

• Approx. 1,548 sq ft (143 sq m)

• Reception room

• EPC rating: current (C) potential (C)

“ A well laid out flat situated on the ground floor with westerly views over Trevor Street”

Guide price £4,950,000 Leasehold with 989 years remaining Plus a share of the freehold

For more information call Daniel Wiggin on 020 7306 1610 or email dwiggin@waellis.com

W.A.Ellis LLP 174 Brompton Road London SW3 1HP

waellis.com

Earl’s Court Square, SW5 • 2 Double bedrooms

• Mezzanine study

• 2 Bathrooms (1 en suite)

• Garden

• Reception room

• Approx. 1,166 sq ft (108 sq m)

• Fully fitted kitchen

• EPC rating: current (D) potential (C)

“ An impressive apartment in this much sought after garden square”

£1,500 per week Furnished or unfurnished

For more information call Lucy Morton on 020 7306 1630 or email lmorton@waellis.com

W.A.Ellis LLP 174 Brompton Road London SW3 1HP

waellis.com

W.A.Ellis will make an initial one-off tenancy agreement charge of £240 per tenancy plus £60 referencing charge per tenant. A minimum of six weeks’ rent will be required for all properties. For further details of our services and charges please visit waellis.com

020 7580 2030 WWW.ROKSTONE.COM 5 Dorset Street, London, W1U 6QJ

Lith Hall, Victoria Park E9

O.I.E.O £3,500,000

This uniquely stunning 7 bedroom, freehold house is situated directly across from Victoria Park and is a stroll away from Victoria Park Village. Originally built as the church hall to Victoria Park Church, Lith Hall has been carefully designed after a meticulous four year re-development process resulting in a wonderfully characteristic finish. The reception area and kitchen meet at the bookmatched marble staircase, which features as the centrepiece to this glorious home. The floor is fitted with engineered bespoke Dutch oak which extends the length of the house. The kitchen is the social hub of the house, which extends out onto the courtyard through floor to ceiling bi-fold doors, creating an immense entertaining area. The house also boasts high ceilings throughout with views over Victoria Park.

»»Meticulously Furnished »»Freehold House »»5,866 Square Feet »»Mayfair »»6 Bedrooms »»South-West Facing Roof Terrace »»Lift »»Staff Accommodation »»Integrated Garage

GOLD

prestige estate agency

2013 W W W. r o k s t o n e . c o m

020 7580 2030 5 Dorset street, LonDon W1U 6QJ

oUr attention to DetaiL goes above anD beyonD oUr cLient’s expectations

Opening doors in London since 1856 From the moment you walk through one of our doors, you’ll only deal with someone who lives and breathes your local property market. Someone who knows exactly which buttons to press to sell or let your home. And someone who understands that determination and integrity will open more doors for you than any other approach. So why not visit one of our 22 London offices? As we’ve been saying since 1856, our door’s always open...

marshandparsons.co.uk

London’s Finest Properties liferesidential.co.uk

020 3668 1030

Lettings

Denison House· E14

£375 p/w

Lanterns Court· E14

£460 p/w

1 bedroom, 1 bathroom apartment | Available September | on-site Gym | 24hr concierge

2 bedroom apartment | Available early October | 5th floor walking distance to Canary Wharf | On-site gym and concierge facilities

New Providence Wharf· E14

Vermillion· E14

£550 p/w

Available in September | 24hr Concierge | swimming pool complex | Excellent security

£300 p/w

1 bedroom apartment | fully furnished | close to Canning Town DLR

Sales

Admirals Tower· SE10

£825,000

This stunning 2nd floor three bedroom apartment is fitted to an extremely high specification and boasts tranquil river views and a private allocated parking space.

LETTINGS

MANAGEMENT

SALES

Admirals Tower· SE10

£650,000

Enjoying dual aspect of courtyard and River views, this two bedroom apartment comprises of a reception room with balcony access, open-plan kitchen, master bedroom with en-suite, second double bedroom and deluxe family bathroom.

SERVICED APARTMENTS

FINANCIAL SERVICES

Residential

LIFE have dealt with over LIFE currently manage

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over 3,000 properties in over 75% of London’s postcodes.

LIFE currently

LIFE deal with

operate from London based offices.

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120

liferesidential.co.uk FINANCIAL SERVICES

SERVICED APARTMENTS

PENTHOUSE SHOWHOME NOW LAUNCHED PENTHOUSE SHOWHOME NOW LAUNCHED

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L I V I N G AT T H E R A C E C O U R S E L I V I N G AT T HVisit E Rlivingattheracecourse.co.uk AC E C O U R S E or call 01635 31 319

*Offer available on selected plots only.Terms and conditions apply. See website for details, subject to contract and status. Images typical of David Wilson homes. Prices correct at time of going to press if mentioned. David Wilson obtain 2 independent valuations and to ensure 100% market value any offer made matches the average of these. Advertising images may include upgrades as home speciﬁcation may vary. Purchasers on David Wilson homes spend on average £3,300 on upgrades. PL17275 AUGUST 2014

Visit livingattheracecourse.co.uk

CITY MAGAZINE_DWH_TRN_PENTHOUSE_AD.indd 1

21/08/2014 16:38

| HOMES & PROPERTY |

INVESTMENTS

The expert talks buying-to-let and the market potential of building bridges Diana Alam, Head of Development Sales & City office at JLL

JLL 020 7337 4004 residential.joneslanglasalle.co.uk

162

THE CITY MAGAZINE | September 2014

What advice would you give to someone looking to buy-to-let? Although rental yields are very important to a property investor, always look at the bigger picture than just percentages. For a number of reasons the rental yield most buy-to-let investors require is above five per cent gross, however with capital appreciation across London, this is becoming harder and harder to find. Investigating the growth of the property location is vitally important and may suggest a lower yield is acceptable. Furthermore, please do not forget the basics – always calculate the NET yield before you make your decision as costs such as service charge and ground rent have, in some instances, increased and can have a considerable effect to your net income. Do you think the erection of the new bridge which connects the Leamouth

Peninsula directly with Canning Town station will affect property prices in the area? Absolutely. This bridge is a real game changer particularly to the London City Island development and subsequently this will have a ripple effect to wider area. The first phase of London City Island, by Ballymore, has sold out with the next phase launching imminently. This is a large regeneration project that will transform this E14 location into a “Mini Manhattan” for residents looking for close proximity to the Jubilee line, which will provide easy access to Canary Wharf and the West End, plus the A12/A13. In our mid-year residential market update, we are predicting house price growth of seven per cent in the South East for the remainder of the year, four per cent ahead of price growth expectations for Prime Central London, which is standing at three per cent.

Introducing Kingwood Gardens at Goodman’s Fields This highly successful development, within walking distance of the City is set within 2.3 acres of beautifully landscaped gardens and green space. Water features and public art complete the perfect environment for contemporary city living.

Kingwood Gardens at Goodman’s Fields

4th September – excellent 9pm transport - Register your interest • Luxurious now specification • Located in 6pm Zone 1 with links • Crossrail connection at Liverpool Street and Whitechapel

• Comfort cooling to selected apartments

nsport links

by Murdoch Wickham

and fully equipped gym

• Spectacular views towards Canary Wharf • Luxurious specification

Details correct at time of going to press and subject to availability. Computer Generated Images of Goodman’s Fields are indicative only.

pment, within walking the City is setEast within 2.3 acres of beautifully station duedistance 2018 (oneof stop from Aldgate station) • Residents only private screening room and business lounge n space. Water features and public art complete the perfect environment for • 2 acres of beautifully landscaped gardens and public space • Leisure facilities to include a swimming pool, spa, jacuzzi

reet and Whitechapel dgate East station)

• Comfort cooling to selected apartments

ardens and public space

• Leisure facilities to include a swimming pool, spa, jacuzzi Call 020 3581 3503 or email: goodmans@berkeleygroup.co.uk and fully equipped gym

• Residents onlyStudios, private screening room3and business lounge 1, 2 and bedroom apartments

www.goodmansfields.co.uk In the last ten years, the Berkeley Group Sales & Marketing Suite open 7 days a week 10am – 6pm has created 436 acres (Open until 8pm on Wednesdays and 4pm on Sundays) public openapartments space. os, 1, 2 and 3 of bedroom penthouses 39and Leman Street, London, available E1 8EY

Wharf

20 3581 3503 or email: goodmans@berkeleygroup.co.uk At Goodman’s Fields

goodmansfields.co.uk there will be 2 acres of public realm.

Marketing Suite open 7 days a week 10am – 6pm ntil 8pm on Wednesdays and 4pm on Sundays)

For Your Future

an Street, London, E1 8EY

Proud to be a member of the Berkeley Group of companies

and penthouses available

Details correct at time of going to press and subject to availability. Computer Generated Images of Goodman’s Fields are indicative only.

Launching Thursday 4th September 6pm – 9pm - Register your interest now

DISCOVER | EXPLORE|CONNECT

Computer-generated images are indicative only

CELEBRATING A RICH PAST CREATING A NEW FUTURE COMING SOON. The highly anticipated first release of London Dock, by St George, situated just moments from Tower Bridge, the Tower of London, St Katharine Docks and the City. This exciting new destination offers a stunning range of 1, 2 and 3 bedroom apartments, with hotel-style residentsâ&#x20AC;&#x2122; facilities and 24 hour concierge, beautifully landscaped public spaces, shops, bars and restaurants. DISCOVER MORE | LONDONDOCK.CO.UK | 020 7971 7880 LONDON DOCK SALES CENTRE, VAUGHAN WAY, LONDON E1W 1YY

www.stgeorgeplc.com Proud to be a member of the Berkeley Group of companies

SGC_LD_CityMagazine_297x210_Jun14_v2.indd 1

22/05/2014 16:51

| HOMES & PROPERTY |

OnBlackheath is a new live music and food festival in south east London, in partnership with John Lewis. It’s a unique celebration of great food and brilliant music across the area’s beautiful open space. Explore the food village and try some tasters in the farmer’s market or discover something new at the street market. Plus, keep the children entertained at the Kids Fun Factory and enjoy live music from world-famous bands, including Grace Jones and Aloe Blacc. It’s a fantastic way to spend the weekend and discover Blackheath all at once. 13 – 14 September, Saturday 12am – 10.30pm, Sunday 12am – 10pm, Blackheath, London SE3 0UA

Someone who knows Local and industry insider Graham Lawes, Associate Director of Residential at JLL, has lived in Blackheath all of his life and has worked in the local property What’s your favourite thing about living in Blackheath? I grew up close to the heath and have always loved the area. Blackheath has a great community spirit and many of my childhood friends still live here with their children. I used to love being taken to the fairs on the heath and it gives me great pleasure to return with my two small children. Why do think Blackheath is so appealing to families? The open heath, the tree lined streets with lovely family homes and the proximity to central London, Canary Wharf and Kent. The schools are excellent and there is so much going on in the locality.

166

THE CITY MAGAZINE | September 2014

How do you get to work? Most of the time I drive, as I need my car to visit clients. Blackheath is well served by public transport which link in with the newer DLR, Jubilee Line, river bus and even the cable car at the Peninsula. Where’s your favourite spot for coffee and dinner? Boulangerie Jade. Excellent coffee, quirky bone china cups and most importantly, it’s a wonderful patisserie. Blackheath Village is a foodie’s haven with so many restaurants. I am particularly fond of Everest Inn, the award winning Nepalese restaurant. It is always a treat eat there and I have been known to order a take-away to enjoy at home. Can you tell us about the history of Blackheath? The Romans used the open heath as a road which later became Watling Street. It was famous as a rallying place for Wat Tyler’s Peasants’ Revolt in 1381 and a road is named after him. Today, we think of Blackheath as the starting point for the London Marathon but it was also the first place where golf was played in England and the oldest rugby football club, Blackheath, started playing on the heath. Henry VIII first met Anne of Cleaves on Blackheath and didn’t like her.

What properties do JLL currently have available in the area? At JLL we have some very interesting properties available including the letting of a Grade II Listed Georgian house facing the heath. We are agents for many of the new developments in the immediate area and we have some delightful Victorian family homes for sale. Do you think Blackheath is a good place to invest in property? Yes, it is a great place to invest, but this has always been the case. It is a popular residential area with excellent family housing stock. This is partly due to the height above sea level which made it popular from the Georgian period onwards. Have you noticed any trends in the type of people living in the area? We have noticed how many older people are downsizing from their larger family homes. These homes are being purchased by young families, usually professionals with two incomes. The downsizers seem to remain in the area, often buying new build apartments. jll.co.uk/residential / Blackheath Office : Sales 020 8852 8383

WHERE IT ALL S TA RT S

L AUNCH WEEKEND 20–21 SEP TEMBER P R I C E S F RO M £250,000 – £1. 7 M I L L I O N R EG I ST E R YO U R I N T E R E ST G R E E N W I C H P E N I N S U L A . C O .U K 020 3128 7072

LANDMARK MEETS LUXURY ONE TOWER BRIDGE We take a look inside the highly anticipated London riverside development, One Tower Bridge

ver since it snapped up one of the capital’s last remaining great riverside sites, all eyes have been on Berkeley Homes and its exclusive new development, One Tower Bridge. Of what we’ve seen in an enticing glimpse of the now completed two-bedroom show apartments located in Cambridge House, we can’t help but be impressed and relieved that One Tower Bridge is living up to all the hype, not to mention its sought after location. The 1.6 hectare site which is situated among some of the world’s most iconic landmarks, including the Tower of London, Tower Bridge and The Shard, will offer 356 one, two, three and four-bedroom private apartments and penthouses. Boasting distinctly British charm befitting its Thames Walk location, the development consists of nine blocks, each slightly different in character, size and height. Internationally-renowned architectural firm, Squire and Partners, is responsible for the carefully considered design of One Tower Bridge, which both complements the existing skyline while optimising the phenomenal views across the River Thames. Furthermore, this world-class design is carried through to the interior of each apartment by acclaimed designers, Casa Forma and Honky. Each firm recently unveiled their own London aesthetic in one of the show apartments, neither failed to impress with luxurious and sophisticated styling. Location, specification, design and facilities will no doubt put One Tower Bridge among the most luxurious of prime central London developments, and is expected attract interest from buyers not

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THE CITY MAGAZINE | September 2014

| HOMES & PROPERTY |

THE FINER DETAILS ADDRESS One Tower Bridge, SE1

SITE SIZE 1.6 hectares

PROPERTIES 356, one, two, three and four-bedroom private apartments and penthouses

Location, specification, design and facilities will no doubt put One Tower Bridge among the most luxurious of prime central London developments

FACILITIES 24 hour concierge, pool, virtual golf facility, gymnasium, spa facility with sauna, steam room and Jacuzzi, business centre and lounge

ARCHITECT Squire and Partners

INTERIOR DESIGNERS Casa Forma and Honky

IN THE LOCAL AREA

only in the UK but abroad. Each apartment comes fully-fitted with the finest materials and technology, with the very latest in integrated Smart Home Technology, giving residents remote control and access to their state-of-the-art security systems, automated blinds, and heating and cooling systems. While at home, residents will benefit from Miele integrated appliances, coffee machines, wine coolers and individually designed oak cabinets for the custom designed ergonomically planned kitchens. They’ll also enjoy access to a range of amenities including a 24 hour concierge service managed by Harrods Estates, a residents’ pool, a virtual golf facility, gymnasium, a spa facility, business centre and lounge. The site will house a boutique hotel in the existing Grade II listed St Olave’s school, with a 250 cover restaurant. To top it all off, One Tower Bridge enjoys an unrivalled location. Access to the Northern and Jubilee line services allow you to be in Canary Wharf within just seven minutes and on Bond Street in just nine. The first completions at Cambridge House are scheduled for 2015, with prices starting from £3.05m

Tower of London, Tower Bridge, The Shard, Tate Modern, the National Theatre, the Royal Festival Hall, Shakespeare’s Globe Theatre and Michelin-starred restaurant Story

TRANSPORT LINKS London Bridge station (Northern and Jubilee Line), Tower Hill Underground Station (District and Circle Line), Tower Gateway (Docklands Light Railway), Tower Millennium Pier, St Katharine’s Pier and London Bridge City Pier (River Boat services)

PRICE From £3.05m

CONTACT Berkeley Homes 020 7871 0011 onetowerbridge.co.uk

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Stylish residences with breathtaking views Show Apartments now open for viewing Strictly by appointment only One Tower Bridge is the epitome of five-star luxury living, offering imposing views of Tower Bridge and the world heritage site, the Tower of London. Each apartment has been finished to exacting specifications by Britain’s leading architects and interior designers. The show apartments are now available for viewing, by appointment only.

2, 3 & 4 bedroom apartments and penthouses. Prices from £3.05m - £15m.

New Sales & Marketing Suite (Off Potters Fields Park) London, SE1 2AA In the last ten years, the Berkeley Group has invested ÂŁ260 million in the facilities communities need Including ÂŁ1.3m towards healthcare, education, public realm and renewable energy as a result of One Tower Bridge

For Your Future

www.onetowerbridge.co.uk

Proud to be a member of the Berkeley Group of companies

Prices and details are correct at time of going to press and subject to availability. Photography depicts typical view and is indicative only.

For further information, please call 020 3581 3523 or email onetowerbridge@berkeleygroup.co.uk Follow us on Twitter @BerkeleyStyle