Newspaper article The Evening Standard (London, England)

City Spy

Newspaper article The Evening Standard (London, England)

City Spy

Article excerpt

GAMBLING multimillionaire and Tory bankroller Stuart Wheeler is still showing an appetite for a punt - though one wonders whether the poker-playing doyen of spread betting has missed a trick. Wheeler, who sold out from IG Index for a total of [pounds sterling]56 million a couple of years ago and retreated to the castle he's renovating in Kent, has backed the Tories to win more than 197 seats at the next election. While that would represent something of an improvement on their current standing of 162 seats, Wheeler - who has funded the party to the tune of at least [pounds sterling]5 million - admits that 197 seats, far short of the 320 needed to win a majority, would still be an "appalling result" for the party. The spread on Tory seats has been tumbling from a high of 248-258 and his old firm was recently offering a spread as low as 186-193.

Wheeler only deals in big numbers - if he's on at 10 grand a point, he could be out of pocket to the tune of [pounds sterling]40,000.

THE latest global revolution in radio is being masterminded from, er, Guildford. Well, to be truthful, it's not exactly radio but "podcasting".

Owners of iPods (and other MP3 players) are not just using them for music - they are downloading their favourite radio shows to listen to at their convenience.

One of the brains behind podcasting is Adam Curry, the telegenic former presenter on MTV in America, who recently moved his family to Guildford to ensure that the children got a British education. Podcasting is becoming something of a phenomenon. Curry wrote some software to make it all happen and thousands of folks visit his website www.ipodder.org to download a wide variety of podcasts from a wide variety of podcasters. Brains are now in gear on podcasting business models...

DESPITE suggestions that he is not a team player, Chancellor Gordon Brown seems to be doing his bit for the party with a huge Government advertising campaign promoting the Child Trust Fund. …

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