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The ten-year taper, says Michael Queen, finance director of 3i, Britain's (and Europe's) largest venture-capital company, may have encouraged investors to hold on to assets purely for tax reasons, rather than recycle capital.
ECONOMIST: Go forth and multiply | The
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It turned out that Michael Fagan, the queen's uninvited visitor, had managed to sneak into Buckingham Palace a month earlier and had helped himself to a bottle of wine.
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My picks for best supporting actor are Eddie Murphy (Dreamgirls), Jack Nicholson (The Departed), Jackie Earle Haley (Little Children), Michael Sheen (The Queen) and Alan Arkin (Little Miss Sunshine).
BBC: NEWS | Entertainment | Oscars panel: Scott Williams