The 1980s were a time of excess and adventure for anyone wanting to make their fortune in London’s Square Mile.
In the City, the barriers that kept high finance as gentlemen’s club were being dismantled.
And in Whitehall, Margaret Thatcher’s go-go policies were unleashing a rampant bull market.
Conspicuous consumption was the mark of the City’s new rich. A red Porsche and champagne were symbols of success.
A fresh new comedian called Harry Enfield had a sell-out tour based on Loadsamoney, an obnoxious character forever waving around a wad of cash.
…
Mr Nadir, whose small London fashion business was listed on the stock market, bought a clothing factory in Nicosia.
…
The charmed life of the Sultan of Berkeley Square, a reference to the glamorous central London enclave where Mr Nadir worked and played, was over.
See the full article from “BBC News”
Leave a Reply