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29/09/2008
Top Banker's Suicide Shock
The boss of one of the potential bidders for Northern Rock prior to privatisation has committed suicide.
Kirk Stephenson, 47, who headed one of the City of London's most successful private equity firms, Olivant, killed himself by jumping in front of a train near Taplow station in Buckinghamshire.
Olivant, Chief Operating Officer at the company, died on Thursday after throwing himself into the path of the speeding train.
Olivant was set up in 2006 and came to prominence earlier this year as one of the bidders for the bank, Northern Rock, which was later taken over by the UK Government.
Mr Stephenson's wife, Karina Robinson, said the New Zealand-born financier was "a dedicated father and a devoted husband," adding: "He valued his family above all else."
Luqman Arnold, Chief Executive of Olivant, said: "Everyone has been devastated by the news of Kirk's death. Our thoughts and prayers are with his family."
A source said: "I imagine, like most high-flying bankers, he will probably have lost a lot of cash recently as a result of the credit crunch.
"It appears the pressure became too much to bear."
(BMcC/KMcA)
Kirk Stephenson, 47, who headed one of the City of London's most successful private equity firms, Olivant, killed himself by jumping in front of a train near Taplow station in Buckinghamshire.
Olivant, Chief Operating Officer at the company, died on Thursday after throwing himself into the path of the speeding train.
Olivant was set up in 2006 and came to prominence earlier this year as one of the bidders for the bank, Northern Rock, which was later taken over by the UK Government.
Mr Stephenson's wife, Karina Robinson, said the New Zealand-born financier was "a dedicated father and a devoted husband," adding: "He valued his family above all else."
Luqman Arnold, Chief Executive of Olivant, said: "Everyone has been devastated by the news of Kirk's death. Our thoughts and prayers are with his family."
A source said: "I imagine, like most high-flying bankers, he will probably have lost a lot of cash recently as a result of the credit crunch.
"It appears the pressure became too much to bear."
(BMcC/KMcA)
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Great Train Robber Released
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18 July 2005
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07 April 2005
London commuters set to get free paper
The way has been cleared for a new afternoon or evening newspaper to be distributed to London commuters, following the completion of an OFT investigation.
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
