Saturday, 21st November 2009

 

Sir Tom Hunter sells luxury villa in France for £50m

Scottish tycoon Sir Tom Hunter has sold his luxury villa in Cap Ferrat, one of the most fashionable regions in the south of France, for around £50m (€61.5m), according to a report in the Scottish newspaper, The Daily Record.

The property and retail multi-millionaire is believed to have sold the villa, said to be one of the most impressive in the region, to a Russian businessman.

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Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

Rich Monitor

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