CITY DIARY: Don't expect new Tory treasurer Sir Mick Davis to throw any wild conference parties
Don't expect newly-appointed Tory treasurer Sir Mick Davis to throw any lavish celebrations at next week's conference. I'm advised the bearded, £80million former Xstrata boss, 58 – aka 'Mick the Miner' – is a reserved sort, and not prone to unbridled extravagance.
How honourable members must long for those halcyon days of former treasurers Lords McAlpine and Hesketh, who threw uproarious beanos with ice-filled hotel baths brimming with native oysters and premier cru champagne.
Lawyers at City firm Macfarlanes' private client division, which advises filthy rich customers on tax, have been... read more
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