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The City Diary

The name's Hedges – Fishburn Hedges: PRs' summer affair is accountant to thrill

'Tis the summer agents awayday season, and Fishburn Hedges, the City and accumulated PR outfit, is way out in foreground for the best accumulated blithe award. An cabal says that the aggregation were taken to Pinewood Studios, area agents were breach into 20 groups and arrive to accomplish their own films application top-of-the-range cameras. One adventuresome aggregation even absitively to accomplish a James Bond rip-off. However, we can acquaint adult PRs who ability now be tempted to accomplish acquaintance with Fishburn Hedges that the film's arch man – who was too publicity shy to be called – does not abuse to claiming the big-screen Bond, Daniel Craig, left. While the bar has been set top for Fishburn Hedges' next media event, journos still beam at its a lot of acclaimed do, a affair at a anachronistic Tube base aback in 2001. The affair was "Spirit of the Blitz".

Red Bee off to aerial alpha in chase for Olympic gold

The nice humans at Red Bee Media, aforetime allotment of the BBC, acquire beatific us this still from a video they acquire produced for the Beijing Olympics, which starts next month. The film, advantaged 'Seats', will be apparent on flights into and out of China, as able-bodied as on accessible carriage and in stadiums, to advance the Games. Red Bee opened its Beijing appointment just nine months ago, but has already been awarded a alternation of high-profile contracts, including a £1m accord to aftermath the aperture arrangement for broadcasters accoutrement the Olympics.

And still Trillium workers anticipate their fate

The auction of Trillium, the outsourcing analysis of FTSE-100 behemothic Land Securities, has abject on for months. There are believed to be alone two parties larboard standing, and Trillium agents had hoped to acquisition out if the accord was on or off afterwards a lath affair a brace of weeks ago. They were disappointed, however: the lath couldn't acquire the offer, as the amount tag is £1.5bn, and the bunch is abbreviate by a brace of hundred million. Sources acquaint the Diary a auction is still likely, but a amount will acquire to be agreed in the next three weeks.

Kingston looks to annihilate dragons with a podcast

The BBC's 'Dragons' Den' is a hit with viewers, but not, it seems, with battling administrator Guy Kingston, left. The above stockbroker, who set up postal close PXPost – one of the aboriginal acknowledged clandestine businesses in post-Communist Russia – has launched his own podcasts as an "antidote" to the show. "The producers amusement the admirers as idiots," he rants. "Most of the humans featured are there for no acumen added than to be humiliated." Want to apprehend Kingston's pearls? Go to www.myobpod.com.

Architects' new admiral is a woman by design

After the best allotment of two centuries, the Royal Institute of British Architects (Riba) has adopted a woman president. Ruth Reed, advance administrator at the Birmingham School of Architecture and a accomplice at Green Planning Solutions, snatched the acme on Friday in a run-off with London administrator Andrew Hanson. Riba celebrates its 175th altogether next year, if Ms Reed will accomplish Sunand Prasad.

All aboard for Viking

More rumours of accessible bidders for Viking Moorings, the Aberdeen-based oil and gas casework business that is up for auction at £180m to £200m. A arch accumulated adviser says Montagu Clandestine Disinterestedness and its battling HgCapital are rumoured to be demography a long, harder look, and, should they bid, would be able rivals to accepted beloved HitecVision, a Norwegian buyout group.

Bids from the Floors?

In added clandestine disinterestedness gossip, the chat on the artery is that turnaround specialists R Capital and Balmoral Capital are eyeing up Floors-2-Go, which went into administering endure Monday. This was a draft for Alchemy Partners, the clandestine disinterestedness accumulation founded by buyout fable Jon Moulton, which bought the attic specialist for £52.4m in 2006.

Alchemy fails to adapt afflicted debts

Talking of Mr Moulton, right, Diary's clandestine disinterestedness spy tells us Alchemy has spent beneath than bisected its £300m afflicted debt fund. This is Mr Moulton's much-trumpeted car to breeze up debt that has absent amount – for example, if buyout deals abatement through – and so accomplish money afterwards accumulated accretion or restructuring. Despite endure year's fanfare, if Mr Moulton looked like something of a ability for accepting the armamentarium out of the blocks just canicule into the acclaim crunch, debt still hasn't accomplished low abundant levels to allure him into spending big.

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