Saturday, 29 October 2011

Brussels is stifling City of London, Cameron claims

 

David Cameron signalled new European battles ahead as he pledged to resist alleged attempts by Brussels to shackle the City of London in red tape. The Prime Minister echoed claims that the emergence of a two-tier Europe following the financial crisis could result in a wave of EU directives that would harm the Square Mile. The Government has said it is determined to prevent the 17 members of the eurozone acting as a bloc to thwart the interests of the 10 EU states, including Britain, that have retained their own currencies.

Qantas grounds all flights

 

Australia’s Qantas Airways grounded its entire fleet on Saturday over a bitter labour dispute in an unprecedented move that prompted the government to warn it feared for the airline’s future and would seek action to end the dispute. EDITOR’S CHOICE Strikes cost A$15m-a week in lost sales - Oct-28 US airlines earnings hit by fuel costs - Oct-27 Lufthansa scales back passenger forecasts - Oct-27 Virgin eyes tie-up with Etihad on BMI - Oct-14 Qantas overhauls lossmaking international operations - Aug-16 Qantas said it would lock out all employees from Monday night in a dispute affecting 70,000 passengers and 600 flights on one of the country’s biggest travel weekends. The grounding does not affect Qantas’ budget airline Jetstar or code-share flights on other airlines. Passengers will get a full refund for flights cancelled due to the industrial action, Qantas said on its website. Customers can also rebook their flights for a later date. The announcement took passengers and the government by surprise, embarrassing Prime Minister Julia Gillard who was hosting a Commonwealth leaders summit in Perth. Some of those leaders are booked to fly home on Sunday with Qantas. Unions, from pilots to caterers, have taken strike action since September over pay and opposing Qantas plans to cut its soaring costs, as it looks at setting up two new airlines in Asia and cutting back financially draining long-haul flights. “They are trashing our strategy and our brand. They are deliberately destabilising the company. Customers are now fleeing from us,” Qantas Chief Executive Alan Joyce said.

Monday, 17 October 2011

Celebrities and millionaires living on one of Britain’s most exclusive estates have become the targets of a crime wave.

Celebrities and millionaires living on one of Britain’s most exclusive estates have become the targets of a crime wave.

A diplomat’s wife and son became the latest victims after they were tied up and held at gunpoint during a £100,000 robbery.

St George’s Hill in Surrey has been dubbed the British ‘Beverly Hills’ and is home to Russian oil tycoons, hedge fund managers and City financiers.

Exclusive: The St George's Hill estate in Surrey has been hit by a crime wave in recent months. It lists oil tycoons and hedge fund managers among its residents

Exclusive: The St George's Hill estate in Surrey has been hit by a crime wave in recent months. It lists oil tycoons and hedge fund managers among its residents

Bollywood actress Shilpa Shetty and Chelsea footballer Didier Drogba are also residents.

The estate is hidden behind security gates and guarded around the clock by security guards and CCTV cameras.

But that has failed to protect the residents from falling foul of a string of crimes since April.

Police have warned them to be on their guard after the latest incident last month was a gunpoint £100,000 robbery in which a diplomat’s wife and son were tied up.

One resident said homeowners, who paid up to £10million for the privilege, are ‘living in fear’ of becoming the next victim.

The neighbourhood, a favourite with Russian oil tycoons, hedge fund traders and City financiers, has been dubbed the British ‘Beverley Hills’.

Among the high-profile names to own a home there are Dragons’ Den star Theo Paphitis, Bollywood actress Shilpa Shetty and Chelsea footballer Didier Drogba.

Other include Scottish TV actress Hannah Gordon, former Chelsea player Jimmy Floyd Hasselbaink and the BSkyB chief executive Jeremy Darroch.

While former residents on the 420-home estate include Ringo Starr, Kate Winslet, Cliff Richard, Jenson Button and Sir Elton John.

Surrey Police admitted the tranquil Weybridge neighbourhood, known as ‘The Hill’ to locals, has been hit by a string of crimes since April.

Celebrity residents: Shilpa Shetty
Chelsea's Didier Drogba

Celebrity residents: Bollywood star Shilpa Shetty and Chelsea striker Didier Drogba are among the people who live in St George's Hill, Surrey

They included two violent robberies, a burglary, two thefts, the theft of a car, vandalism and a violent attack.

Detectives are still hunting the masked gunman behind the terrifying robbery where the victims were tied up and threatened with a sawn-off shotgun.

The woman, aged in her 30s, and her teenage son escaped unhurt as he made off with cash and jewellery worth £100,000.

Police suspect their attacker may have had an accomplice in a car outside but the pair managed to dodge security on the estate.

One local, who did not want to be named, said all householders had been warned about the recent crimes and been told to ‘be vigilant’.

He said: ‘There has been a lot of talk about the crime rate in the past six months.

‘Although it might not seem particularly high compared to most of the country, the simple fact is that people pay a lot of money to live here and do not expect to be living in fear.

‘There are private security guards, CCTV cameras, barriers and all sorts, so this kind of thing is very out of the ordinary for people who live here.

‘We have been told to be vigilant and to report any suspicious behaviour to the police and to the security team here.’

Elmbridge councillor Peter Harman said: ‘They’ve got their own security on the estate and they have cameras that monitor traffic going in and out, and all the cars are recorded, so it should be easy to trace people.’

The residents’ association boasts it is a ‘unique location’ for successful high achievers looking for a ‘secure and private location.’

Each house is required to have ‘at least’ one acre of land and boundaries cannot be marked by fences or walls, only hedges and bushes.

The 964-acre estate boasts its own golf club and 15 tennis courts, four squash courts, state-of-the-art gym, 20m swimming pool and sauna, bar and restaurants and its own beauty spa.

According to estate agents Savills, the the area is ‘internationally renowned as one of the most sought-after private estates in England.’

But it is not the first time the estate has had problems with unwanted intruders and people ignoring the law.

In May, peace at the gated community was punctured when squatters moved into an empty property 200 yards from the members-only tennis club that forms its social hub.

Residents were sent a letter saying those responsible were ‘known to police’ and they should be on their guard.

But the unwelcome neighbours managed to stay for several weeks at the £3million empty property which was at the centre of a long-running legal dispute.

A Surrey Police spokesman confirmed the crimes took and said officers continue to appeal for witnesses over the armed robbery.

A spokesman for St George’s Hill Residents’ Association declined to comment.




Sunday, 16 October 2011

FBI arrests 'jockey' in $2.5m fraud

 

AUSTRALIAN man who claimed to be a former champion jockey has been arrested in the United States and charged with a $2.5 million fraud. Christopher James Woods, 52, was arrested by the FBI in Greenwich, Connecticut, and extradited to Los Angeles where he appeared in the US District Court. In an affidavit to the court, FBI Special Agent Ty Thomas said Mr Woods (pictured) had used some of the money to pay $1 million off his American Express card. It is alleged the card was used to buy luxury goods, food, travel and entertainment. Advertisement: Story continues below The Sun-Herald has learnt that Chris Woods, as he is generally known, has for more than 30 years told people in Australia and overseas that he was a successful jockey and he had inside information on horse races. In the early 1980s he told the Double Bay restaurant owner Tony Eustace there was a ''sure thing'' running at Murray Bridge in South Australia. Mr Eustace, who was murdered in 1985 during the Sydney gang wars, gave $10,000 in cash to a friend called Frank Webb, who went to the race track where he met Mr Woods. Mr Webb told The-Sun Herald last week he became suspicious when three other punters turned up, each with $10,000, to put on the ''sure thing'' at odds of about 4-1. He said he declined to put Mr Eustace's money on the horse but the other punters went ahead. The horse did not win. Mr Webb said he had had nothing to do with Mr Woods since then. Special Agent Thomas's affidavit states that in mid-2007, Mr Woods's alleged co-conspirators, Henrik and Hamlet Sardariani, told the manager of a company called Bith, LLC, they were buying a hospital in Los Angeles County and needed $2.5 million to be placed into a secure account for 30 days. Then, $1.9 million was transferred to Mr Woods's US bank account. The court heard more than $1 million was used to pay off Mr Woods's Amex card. An FBI spokeswoman said Mr Woods had been arrested on August 23. He is due to reappear in court later this month

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