An Osborne director demonstrates the benefits of an expensive education, while City planners practise the art of tight-lipped diplomacy 鈥  but one minister should perhaps watch his words more closely

Hansom new 2008

Say no more

It was certainly a busy time for company results last week. It鈥檚 fair to say my breath was taken  away by Interserve鈥檚 admission that it has earmarked 拢90m to spend on a bunch of bean-counters whose job will be to advise the contractor how to get back on track. I was more impressed with Persimmon, which broke the 拢1bn profit barrier 鈥 the first time for a housebuilder. City analyst Tony Williams of 好色先生TV Value noted the firm had gone into great detail in its announcement. It was long, too: 鈥23,820 words to be precise,鈥 said Williams. I read every one of them, of course 鈥

Snakes and ladders

There鈥檚 nothing like knowing your audience, and I鈥檓 not sure Kit Malthouse MP knows his. My spies tell me the housing minister鈥檚 keynote address at a housing conference in the Square Mile last week was interesting for a plethora of reasons, including the fact he waxed lyrical about the desire of millennials and others to get on the housing ladder and own their own homes. Just a shame, then, he was saying all this at something called the Build to Rent Forum.

Tie me up, tie me down

Osborne鈥檚 business development director, Mike Peskin, was kind enough to let me know of his travails in trying 鈥 and failing 鈥 to tie a bow tie at a recent black-tie dinner. Last week鈥檚 bash at the Cavalry & Guards Club on London鈥檚 Piccadilly saw him call upon the help of Gary Elliott, founder of structural engineer Elliott Wood, to get him out of his pickle. Peskin was attending the annual spring dinner of the Nero Club, a private members club, when his wardrobe malfunction occurred. He tells me he鈥檚 a former pupil at Mill Hill school, the 拢34,000-a-year public school in north London attended by the late Denis Thatcher, husband of former prime minister Margaret. 鈥淪till seems I鈥檓 incapable of dressing myself appropriately,鈥 he deadpans. All that money might not have taught him to handle a bow tie but at least it鈥檚 given him a nice line in self-deprecation.

Full of beans

The news that the planning application to decide whether Foster + Partners鈥 Tulip gets the green light is set to be heard early next month prompted me to have a quick look at some of the comments made in an ongoing public consultation about the scheme. One suggested covering the shaft with vines, presumably in some sort of homage to Jack and the Beanstalk.

That鈥檚, ah, interesting

Staying with the Tulip, the chair of the planning committee that will decide its fate is remaining tight-lipped about what he thinks of it. 鈥淚t鈥檚 an interesting design,鈥 the City of London鈥檚 Chris Hayward tells my hacks. Read into that what you will, I suppose. Though, as befits a building nicknamed for a flower, Hayward says the gondolas that will ferry tourists around the top of the 305m-high structure remind him of 鈥渓ittle bees鈥. Fosters will no doubt be hoping Hayward doesn鈥檛, ahem, tell them to buzz off in a few weeks鈥 time.

Lord of the dance 

Some of my younger colleagues were mourning the death of Keith Flint, frontman of The Prodigy, this week. And it seems the dance act had admirers all over the place, as it emerged that Cenkos Securities鈥 analyst Kevin Cammack had seen the band a dozen times, including a Portsmouth gig last year in front of 20,000 appreciative fans. They rocked, apparently.

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A sticky business

One of my team was out and about in the City last weekend and noticed a tantalising glimpse of a Crossrail sign. The sticker covering the sign for the route, known as the Elizabeth line, appears to have been half peeled off. Perhaps whoever did it got a bit carried away before remembering the words of the project鈥檚 chief executive, Mark Wild, who in January told the London Assembly he had no idea when it would be finished. Still, the more cruel observer might be tempted to remark that even peeling off stickers on Crossrail signs is only half-finished 鈥 along with everything else.

Read: Crossrail latest news

Send any juicy industry gossip to hansom@building.co.uk