Help jobless homes, help the economy
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THE INDEPENDENT ON SUNDAY
10 OCTOBER 2010
NEWS | Business
Help jobless homes, help the economy
=
The City Diary
The Prince and the
Another week, another meeting betw:
BG Group (British Gas in old money) a
Prince Andrew, our special representa
international trade and investment. Tt
company has a rather cosy relationsh
the Duke‘of York, having met him thr
in five weeks early this year.
Now | see that BG's chief executive
Chapman, was back at the Palace last
his fourth audience in six months, wh
nothing to quell rumours that someth
rumbling in Kazakhstan, where the ce
has important interests.
Prince Andrew Is exceptionally w
connected in that country through F
friendshia with Goga Ashkenazi (toy
socialite-cum-oil executive who has
with Timur Kulibayev, the son-in-la\
Kazakhstan's president. Kulibayev a
bought a house from the Prince, sor
for a generous fee.
Horse trials
Betfair, the soon-to-be-
floated betting exchange,
reveals in its prospectus that
it has abandoned its new high-
roller business, which it was
testing out. This was despite it
booking first-quarter revenues
of £25m and making a £7m
profit — at least at the Ebitda
level - but it did involve
the company taking on the
HOUSE_OVERSIGHT_028325
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