Connect with us

Business

A new chapter for Carlo Scarpa’s mountain masterpiece

Published

on

The Bolzano-based business owner and art collector Josef Dalle Nogare had an epiphany when, at 29, he accompanied a friend to the Venice Biennale. “It sparked a crazy revolution inside of me,” he says. “From that moment my life’s purpose changed completely. I decided to spend as much of it as possible dedicated to art.”

Dalle Nogare bought his first piece, a Günther Förg photograph, following that transformative moment. Now 61, he has since amassed a collection of more than 200 works. It ranges from Giorgio de Chirico and Francis Picabia paintings to sculptures by Isa Genzken and Luigi Ontani. And, over the years, the heir to one of the largest manufacturers of natural stone products in the world has also assisted multiple artists to produce sculptural work in marble. His compulsion to surround himself with art, artists and the ideas that inspire them also explains why, for the past decade, he has lived in a house that is more a site-specific installation than a dwelling. In fact, the house, designed by the midcentury Italian architect Carlo Scarpa and built by Scarpa’s long-time collaborator and assistant Sergio Los, is perhaps the most treasured piece in Dalle Nogare’s whole collection.

The garden of the new space next door to Casa Tabarelli, built to hold owner Josef Dalle Nogare’s art collection
The garden of the new space next door to Casa Tabarelli, built to hold owner Josef Dalle Nogare’s art collection © Stefan Giftthaler
The main entrance hall in Casa Tabarelli itself
The main entrance hall in Casa Tabarelli itself © Stefan Giftthaler
Above the chimneybreast hangs Arazzo, 1979, by Alighiero Boetti. On the hearth stands a Crescita sculpture by Carlo Scarpa
Above the chimneybreast hangs Arazzo, 1979, by Alighiero Boetti. On the hearth stands a Crescita sculpture by Carlo Scarpa © Stefan Giftthaler

Named Casa Tabarelli after its original owners, who commissioned Scarpa in 1967, the three-bedroom, 3,400sq ft home is hidden off a narrow lane that winds along a mountain slope covered with apple orchards and terraced vineyards with views down to Bolzano, in far-north Italy. It is a single-storey structure, and its roof has a series of interconnected asymmetrical angles that mimic the surrounding mountain peaks. The entrance gate – a multicoloured metal bar in the shape of a rectangular infinity symbol – could be considered sculpture.

Throughout the house and garden, there are dozens of enigmatic details. A triangular window over the entrance of the house – which allows one to see through the façade to the mountains on the other side – is interrupted by a rectangular intervention of three thick chunks of coloured Venini glass; Scarpa, who lived for many years in Venice, was the artistic director of the Murano-based company for more than a decade. Inside, the steeply angled ceiling is divided into planes of colour. Dalle Nogare says they correspond to the movement of light throughout the day: in the bedrooms, on the east side, the ceilings are a smoky blue to represent the sunrise, while in the centre of the house, there are stripes of cadmium yellow and leaf green.

Looking through to Casa Tabarelli’s study, with its kinetic walls made of rotating panels
Looking through to Casa Tabarelli’s study, with its kinetic walls made of rotating panels © Stefan Giftthaler
The house’s exterior
The house’s exterior © Stefan Giftthaler
A de Chirico hangs by the front door to the house
A de Chirico hangs by the front door to the house © Stefan Giftthaler
Josef Dalle Nogare at the front door to his new art collection space
Josef Dalle Nogare at the front door to his new art collection space © Stefan Giftthaler

In the main living area, the irregular paved floor of quartzite stone is a different shade of grey depending on the sunlight, often sparkling with tiny silver flecks. A mobile of cardboard shapes – one of Bruno Munari’s Useless Machines – is placed before a grouping of Gavina sofas, while an Isa Genzken Nefertiti sculpture wearing sunglasses stands on a tall pedestal. To contrast with the sensual colour and texture, Scarpa installed clusters of bare lightbulbs hung on cords that dangle from the ceiling. In a small study, anchored by a Marcel Breuer desk, a kinetic wall is made up of rotating black and white wooden panels. It separates the study from the master bedroom. “Apparently it was designed so one could peek through to see who was in the living room and decide if they were worth getting up for,” says Dalle Nogare.

This collector, however, is a very social creature. When I visit, Dalle Nogare has organised a light dinner at the Scarpa-designed dining table. To his left is the Italian architect and urban designer Alessandra Cianchetta. To his right, his friend, the Vietnamese-born Danish artist Danh Võ. Opposite, sipping on a glass of local natural wine, is Bart van der Heide, the Dutch director of Bolzano’s Museum for Modern and Contemporary Art. “Before I even arrived in Bolzano,” says van der Heide, “I had heard whispers about this legendary house among small traditional farms that is filled with an extraordinary art collection.”

Dalle Nogare smiles: “I actually remember coming to this house as a six-year-old with my parents. They were friendly with the Tabarellis because they owned the best design shop in Bolzano, which sold furniture produced by Dino Gavina,” he recalls. The moment was seared in his memory because he found the house so “strange and sharp”. So when Dalle Nogare heard through friends a little over a decade ago that it was up for sale, he immediately reached out to Laura Tabarelli de Fatis, by then an elderly widow. “There were many who wanted to buy the house, but she chose me because I promised I would always take care of it as it was.”

The exterior of Dalle Nogare’s partly underground gallery, designed by local architect Walter Angonese
The exterior of Dalle Nogare’s partly underground gallery, designed by local architect Walter Angonese © Stefan Giftthaler
A passageway leading to the 5,000sq ft collection space
A passageway leading to the 5,000sq ft collection space © Stefan Giftthaler
A Francis Picabia on the study wall in Casa Tabarelli; Scarpa divided the house’s angled ceilings into planes of colour that Dalle Nogare says correspond to the movement of daylight
A Francis Picabia on the study wall in Casa Tabarelli; Scarpa divided the house’s angled ceilings into planes of colour that Dalle Nogare says correspond to the movement of daylight © Stefan Giftthaler

Despite some inconveniences, Dalle Nogare has kept his word. While the house works well in the summer – the large floor-to-ceiling windows in every room allow for natural ventilation – in the winter it can be very cold, especially in the living room. He gestures to the exposed radiator tubes, a sinuous sculpture that snakes through the house. “I really have to turn them up and wear lots of layers.” There is a two-sided fireplace (one side opening to the kitchen, the other to the living room) that is functional but Dalle Nogare doesn’t use it because the smoke might damage the art. 

While it has been a privilege to take care of and preserve the house, over the years he became slightly distressed at the limits he faced when trying to showcase his own collection. Owing to the scale of the walls and the pain he felt hammering a nail into them, he wasn’t able to hang up and live with as much as it he would like. So when a neighbouring piece of land came up for sale in 2016, he bought it with the idea of building a private exhibition space. 

A water feature outside the new building
A water feature outside the new building © Stefan Giftthaler
The living room at Casa Tabarelli near Bolzano, Italy, with works by Alighiero Boetti (left wall) and Martin Kippenberger (right wall)
The living room at Casa Tabarelli near Bolzano, Italy, with works by Alighiero Boetti (left wall) and Martin Kippenberger (right wall) © Stefan Giftthaler
Inside the collection space, with artworks by, among others, Danh Võ (on far left)
Inside the collection space, with artworks by, among others, Danh Võ (on far left) © Stefan Giftthaler

He approached local architect Walter Angonese, and in 2021 they started to design something that would blend into the surrounding landscape without disturbing the views of Casa Tabarelli. The result is a two-storey structure with concrete stairs that lead down to a partly subterranean 5,000sq ft gallery, which includes a small apartment for visiting artists and friends. “The apartment is really for Danh,” laughs Dalle Nogare – the artist is both “a dear friend and a much-valued influence”.

In recent years, Võ has delved into curating (including a recent White Cube exhibition in Venice) and creating immersive spaces, so it was only natural that Dalle Nogare would ask the artist to help imagine the interior spaces here. One of Võ’s contributions was to turn the stairs down to the gallery into yet another exhibition space, lining them with leafy plants lit by hanging grow lamps, and installing several other artworks, from a Roman Signer video piece to a chair from the architect and Gio Ponti collaborator Lina Bo Bardi.

A Francis Picabia hangs by a Brionvega radio-phonograph
A Francis Picabia hangs by a Brionvega radio-phonograph © Stefan Giftthaler
Casa Tabarelli’s winter garden, with a Marcel Breuer table and Luigi Ontani “Mask”
Casa Tabarelli’s winter garden, with a Marcel Breuer table and Luigi Ontani “Mask” © Stefan Giftthaler
A Marcel Breuer desk in the study
A Marcel Breuer desk in the study © Stefan Giftthaler
The wall in the master bedroom with its kinetic panels
The wall in the master bedroom with its kinetic panels © Stefan Giftthaler

Although the museum will remain private, accessible only to Dalle Nogare’s friends and art-world acquaintances, in September the collector celebrated the building’s opening with a party. When I meet them, Võ and Dalle Nogare are still finalising the installation, which features 20 art objects, including three works by Võ. I see how pleased they are about the placement of an iconic tarp painting by David Hammons near a small oil painting from a young artist called Valentina Artone, which Dalle Nogare bought recently in Naples. They then decide that the 2001 video work Re-enactments by Francis Alÿs will be projected onto the wall opposite one of Albert Oehlen’s Computer paintings. Not far from the Oehlen is a large doll’s house by the Polish artist Paweł Althamer – Võ reminds Dalle Nogare to stock up on tiny lights for it. Cianchetta joins them and perches on the modular flower-shaped Safari sofa from the Florentine Radical group Archizoom in the middle of the room. 

Climbing up the last set of stairs, I notice that the risers are clad with multicoloured marble. Dalle Nogare laughs with pleasure when I mention them. He says they’re inspired by Gio Ponti’s staircase at Palazzo Bo in Padua. Walking back towards Casa Tabarelli, he notes more seriously that those stairs also remind him of the fact that Scarpa died (at the age of 72) after falling down a stairway in Japan. “He was always looking up at beautiful things,” he says, before heading over to check in with Võ as he prunes a fragrant jasmine bush that has been planted at the house’s entrance. “Smell this,” Võ says, encouraging me to come closer. “I’m sure Scarpa had it planted here on purpose so that your senses start to be stimulated even before you enter the house.” 

Source link

Continue Reading
Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Travel

European Union delays EES rollout yet again

Published

on

European Union delays EES rollout yet again

The new Entry/Exit System border process for travellers from non-EU countries had originally been meant to launch in 2022

Continue reading European Union delays EES rollout yet again at Business Traveller.

Source link

Advertisement
Continue Reading

Money

Three major supermarkets reveal exact dates you can book Christmas delivery slots including Sainsbury’s

Published

on

Three major supermarkets reveal exact dates you can book Christmas delivery slots including Sainsbury's

THREE major supermarkets have revealed the exact dates you can book Christmas delivery slots.

With the big day just 75 days away many households are keen to get preparations underway.

Sainsbury’s has revealed its Christmas delivery slots.

1

Sainsbury’s has revealed its Christmas delivery slots.Credit: Getty

In the last few years, the demand for getting your festive food shop dropped at your door has surged.

Advertisement

Shoppers have gone wild for the service as it helps take the pressure off an already stressful time.

But many are aware that bagging a slot during the festive period is notoriously difficult.

So it is worth being aware of the key dates of your favourite grocer so you are not disappointed.

Sainsbury’s

Sainsbury’s has today confirmed when customers can book a slot for their Christmas shop to be delivered.

Advertisement

Loyal customers who have the supermarket’s “Delivery Pass” get first dips and will be allowed to book home delivery and click and collect from Wednesday, October 16.

Delivery Pass holders pay a flat rate to Sainsbury’s to get their orders for free at all times of the year.

Meanwhile, non-pass holders will be allowed to book slots from the following week, Ocotber 23.

Both can schedule deliveries for between December 18 – 24.

Advertisement

Christmas delivery slots open on October 16 for Delivery Pass customers and 23rd October for all customers.

Customers can amend their baskets until 11pm the day before their order is due. 

Waitrose

The posh grocer has already allowed its customers to start booking slots for Christmas.

It costs £4 to book a slot and orders must be over £40.

Advertisement

But if shoppers are keen to get their Waitrose shop delivered to their home they should act fast.

Most of the slots from Sunday, December 22 to Tuesday, December 24 are fully booked.

Dates are still available for Friday, December 20 and Saturday, December 21.

What is a grocey delivery pass?

Advertisement

DELIVERY passes allow customers to pay a flat fee either monthly, yearly or six monthly, and then get their deliveries for free.

In some instances, you can also get first dips on booking your Christmas delivery slot.

You should only consider taking out a delivery pass if you order groceries online regularly and if you think it will save you money in the long term.

All major grocery stores offer the service but the price varies.

Advertisement

For example, Tesco’s anytime delivery plan costs £7.99 per month for 12 months or £47.88 if you don’t want to pay monthly.

You can also pay £47.88 if you don’t want to pay monthly.

Meanwhile, Sainsbury’s charges £7.50 per month for the service or £80.00 for a 12-month upfront payment.

Asda has passes starting from £3.95 per month or a 12-month payment of £69.50

Advertisement

Morrisons also offer the service with prices starting from £5

Asda

The UK’s third-largest grocer also announced today when shoppers could secure their booking.

Like Sainsbury’s Asda is giving its delivery pass customers a head start to book their slot.

Customers who pay for this feature can book their slots for Christmas from October 15.

Advertisement

Meanwhile, non-pass holders can book their slot from October 22.

The supermarket said that over one million home delivery and click-and-collect slots will be available in the week leading up to Christmas.

The minimum online spend at Asda is £40 for delivery and £25 for click and collect.

Shoppers can also make changes or additions to their basket up until 11pm the night before their delivery or collection.

Advertisement

When do other retailers’ slots open?

It’s not just Waitrose, Asda and Saisnbury’s which offer this service to their customers.

Tesco said this month that its annual delivery pass customers can book their slots from 6am on Tuesday, November 5.

This gives customers a one-week head start on regular shoppers, who will have to wait until November 12 to nab a slot.

But if you also want to get ahead of the game, you can still sign up to the delivery plan by Monday, November 4.

Advertisement

Meanwhile, Morrisons has already started taking bookings with slots open now.

The same goes for Ocado with the pure-play online retailers offering customers the chance to book slots from as early as September.

M&S also launched its food-to-order service and the end of September, with slots filling up immediately.

The service lets you book and pay for your Christmas dinner and other snacks ahead of time and then collect them closer to the big day.

Advertisement

Orders this year can be collected on December 22, 23 or 24 in your local M&S Food Hall.

For Iceland, shoppers will be able to book delivery slots from around the middle of December.

You can read more about how this works by clicking the link here.

Source link

Advertisement
Continue Reading

Business

New titans of Wall Street — an FT series

Published

on

The secretive firms that have conquered trading

Source link

Continue Reading

Money

Home REIT posts delayed 2022 results to reveal £475m loss

Published

on

Home REIT posts delayed 2022 results to reveal £475m loss

Home REIT also revealed its legal fees in a case brought against it by Harcus Parker on behalf of shareholders stand at around £5m.

The post Home REIT posts delayed 2022 results to reveal £475m loss appeared first on Property Week.

Source link

Continue Reading

Business

‘I’m not tough. I’m nothing like the characters I play’

Published

on

Of course Harriet Walter would choose this place, I think, swishing through the revolving door of Arlington in Mayfair into an Art Deco hall of mirrors reflecting monochrome stripes and polished tile. The atmosphere is almost cruelly chic. Where else would a woman famous for her portrayal of stony-hearted, acid-tongued ice queens want to meet?

The waiter takes me to a table in a discreet corner. David Bailey’s black-and-white portraits of 1960s icons look on from every wall. The nearest is of a white-stockinged, kohl-eyed Penelope Tree in 1967, photographed lounging next to an open bottle of champagne, cheekbones like razors. It all makes perfect sense.

So when Walter herself appears, the disorientation is profound. She looks soft — almost fluffy — in a powder-pink herringbone tweed suit and pearl earrings. Her smile is eager and warms up the atmosphere by several degrees. And then there’s her voice. At first she speaks so quietly she sounds almost timorous. It is genuinely hard to believe this is the same person whose sardonic drawl ripped shreds out of her spoiled children in Succession or barked orders as Brutus in a production of Julius Caesar set in a women’s prison. How on earth will she pull off playing Margaret Thatcher in her next TV role, I wonder?

As usual, first impressions are misleading. Over the course of the next couple of hours, in a gradual crescendo, all these characters, and more, will make appearances at our table. Harriet Walter is just warming up.

Advertisement

She’s had plenty of opportunity lately to practise the art of summoning characters she’s played back to life. Her new book She Speaks! is a collection of speeches for Shakespearean women, in which Walter imagines (in blank verse) what Ophelia or Cressida or Desdemona might have said to an audience had they been able to talk frankly instead of being left silent while their fates were decided by the men around them. It’s Walter’s way of redressing the balance of power a bit — and of sharing some of the theories she’s developed in five decades of performing Shakespeare.

Walter sits down opposite me, gesturing to Penelope’s legs. “There’s vintage,” she murmurs. “They were all the people I wanted to look like when I was 17 — and really didn’t.” Born in 1950, Walter was exactly that age when the picture was taken, about to decide that she wanted to become an actor. Since then, hers has been a fantastically varied career, starting with regional theatre, then the Royal Shakespeare Company, the West End and Broadway. She’s done period drama, from Ang Lee’s Sense and Sensibility in 1995 to the 2007 film adaptation of Ian McEwan’s Atonement. She’s had six words in a Star Wars movie and six seasons as Detective Inspector Natalie Chandler in Law & Order: UK. But even so, until relatively recently, her name might elicit only a vague nod of recognition among those outside the theatre world.

For a while, that worked for Walter: “I’ve always wanted to not be known because I thought that left me freer to explore,” she says. But “then that lack of fame started to be a bit of a glass ceiling for me”. In her forties there were parts that eluded her “because I wasn’t enough of a name . . . I remember this producer taking me out and he said, ‘You’re known by everyone in the profession, but no one in this restaurant knows who you are. And I want to change that.”

Did he succeed? “No! But it was a good line! And sucker that I was, I went for it.”

Advertisement

It might have taken a while but things have changed. At 74, a damehood and a run of wildly popular TV parts in Succession, Ted Lasso and Killing Eve, as well as memorable turns in Downton Abbey and The Crown, have made Walter properly recognisable. The clientele of Arlington may be too well-heeled to gawp at celebrities, but it’s pretty obvious that they all know she’s here.


We look at our menus. Walter doesn’t drink at lunchtime except on special occasions. Today she is eating with a journalist at a spot conveniently located around the corner from her next appointment, so she orders a Diet Coke. I, on the other hand, am having lunch with a Dame at the newly reopened and renamed Le Caprice, conveniently located next door to the Ritz, so I order a glass of champagne. It arrives in a very beautiful cone-shaped flute, and seems to last for ever. She asks for gazpacho, and I order the tomato and basil galette, a favourite from Le Caprice’s old menu.

“I’ve not been since it reopened,” Walter says. “I know Jeremy [King, the restaurateur]. He was incredibly kind to my aunt during Covid. She lived near his Colbert restaurant, in Sloane Square. He arranged for her to have food brought out to her — so absolutely divine. I thought it would be nice to come to his new place.”

Menu

Arlington
20 Arlington Street, London SW1A 1RJ

Advertisement

Gazpacho £9.50
Tomato galette £12.25
Grilled calf’s liver £29.75
Chicken Milanese £26
Hokey pokey coupe £10.50
Diet Coke £4.50
Glass Herbert Hall Brut £18
Glass sparkling water £3
Americano £4.75
Double espresso £4.50
Total inc service £141.16

The aunt in question was married to Christopher Lee, the Hammer horror star and brother of Walter’s mother Xandra. Walter has described her family as having lived in the “foothills of aristocracy”, but that feels like something of an understatement. Xandra and Christopher were the children of an Italian countess, Estelle Marie Carandini di Sarzano, and Geoffrey Trollope Lee. On the other side, the Walter family were the founders of The Times newspaper.

Walter grew up in Kensington and was sent to boarding school at 11. It provided what she describes as “a very minimum girls’ education . . . be able to play a nice sonata on the piano and speak good French. And you might marry a nice earl.” Later, she moved to another school, in Dorset, which was better. But it was a long way from London. “I think about how long that journey was and how far we were from home. And the horrible little phone box we’d all queue up to ring our parents from, rather like prison.” Then, after her parents divorced, “I’d only see one of them each term.”

She must have been pretty tough, I suggest, to deal with all that. She looks up a little sharply over her soup spoon. “My sister was there, my best friend was going, I had my teddy bear. You know, I knew my mother loved me. I was good at making friends. I had quite a good time.”

Advertisement

It was at school that Walter decided she wanted to act. She turned down a place at Oxford to read modern languages and instead applied to drama schools. She was rejected five times before getting a place at the London Academy of Music and Dramatic Art, an act of perseverance she acknowledges showed some grit.

“I mean, I was never tough. I’m still not tough. I’m certainly nothing like the characters I play, in that sense. I remember getting rejected from drama school a lot. And just picking myself up and going again. But I didn’t do that in any other sphere of my life. If you said anything [negative], I’d curl up like a little sea anemone and just sort of retract and say, ‘Right I’m never going there again’ . . . But theatre and film,” she does a voice like a sergeant major, “Gotta do it! Gotta do it!”


Our plates are cleared and relaid. An unusually dainty plate of chicken Milanese with rocket salad is put in front of me. Walter has ordered grilled calf’s liver, without the bacon. She seems vaguely disturbed at the idea of discussing what she is eating in any detail. “You just say, ‘It was very good. And Harriet ate liver, when she claims to be a vegetarian.’” Will she mind being outed this way? “I have liver every now and again. But I would only eat it in a restaurant like this where I knew it would be slithering down my throat. I don’t think I want to saw at some tough bit of rubber.” She tucks her napkin into the collar of her jacket. “I’m going to do this. I don’t care.”

After drama school, Walter’s early work came steadily, and by 1988 she had an Olivier Award for her performances with the RSC in Twelfth Night and Chekhov’s Three Sisters. But wider recognition was elusive. “I was not for all markets at all,” she reflects. Why? “Well, I didn’t look right . . . petite and blonde, like Felicity Kendal.” But there were actors who gave her hope: “Glenda Jackson got me excited because I thought, gosh, you can look kind of angular and odd and have a non-beautiful voice. It just gave me a broader picture of what a female actor could be.”

Advertisement

In 1995, Walter was cast as Fanny Dashwood in a film adaptation of Jane Austen’s Sense and Sensibility, alongside Hugh Grant, Alan Rickman and Emma Thompson, who wrote the screenplay. It was a huge critical success and, 30 years later, it is still “rather a classic”, Walter admits with a smile. Fanny is a villain, the rapacious sister-in-law who convinces her husband to cut off his sisters from their inheritance in the film’s opening sequence, which lasts for about 90 seconds and steals the whole movie.

There’s something of Fanny in the character that has brought Walter the most acclaim lately, Lady Caroline Collingwood, whose failed marriage to Logan Roy and estrangement from their three children is the spine of the domestic drama in Succession. The two women share the same crocodile smile and a reptilian gaze that seems to originate from a few millimetres behind the eyes. Where did she learn that look? “One of the reasons you can play something convincingly is because you’ve been on the receiving end of it,” she says. “Particularly frightening people — you observe them very closely as if you were a mouse next to a snake.”

She doesn’t elaborate, but she does insist that both Fanny and Caroline are not simply villains, that they are, at root, sympathetic. “I’m very happy to do those parts so long as they’re funny — not just narrow-minded horrible bitches.”

Motive-hunting and psychological analysis come easily to Walter — part of the same instinct that prompted the writing of the new book. Putting her words and ideas into the mouths of Shakespearean women is the logical extension of the work that goes into playing them. Thus, Ophelia reveals she did not drown at all, but faked her death to get away from Hamlet and Laertes; Lady Capulet explains how being a child bride made it impossible for her to bond with her daughter; Hermione fills us in on the affairs she’s been having while Leontes thought her dead for 16 years.

It’s an audacious exercise, she admits. But she has grown used to rule-breaking, putting the women back into Shakespeare. Even where they shouldn’t be? “Exactly! Exactly! Playing the boys!” As well as Brutus in Julius Caesar, Walter played Henry IV and then Prospero in Phyllida Lloyd’s trilogy for the Donmar Warehouse in 2016. “I didn’t feel constrained by gender or anything, and it felt very personal,” she says. “I’ve been closer to ‘me’ playing Shakespeare than any part whose outer trappings are more similar to my real ones. If it’s sort of ‘enter a tall dark woman with a waspish sense of humour and tweed suit’, then, you know, it’s confining.”


They want to know if we will have desserts, but first Walter has a question. “What’s the hokey pokey coupe?” she asks, dry as ice, the corners of her mouth twitching archly as the waitress gamely recites the list of ingredients. When it arrives, along with coffee, Walter offers her own analysis: “It’s like a Crunchie broken up with some ice cream,” she says brightly. I’m reminded of the scene in Succession when Caroline’s son-in-law comes away from an encounter with her muttering, “I think I just got stabbed . . . but I’m not completely sure.”

“My latest love,” she confides, “and they haven’t got it here, is affogato. I had about three in three days in New York.” Since she married the American actor Guy Paul in 2011, Walter has split her time between London and New York. They got together when they were both in a 2009 production of Friedrich Schiller’s Mary Stuart on Broadway. It is her first marriage but not her first important relationship. Walter lived with the actor Peter Blythe until he died of cancer in 2004.

Advertisement

For 30 years she kept the same flat in Chelsea she’d bought after drama school. It was her “launching pad and hidey hole”. When Blythe died, she retreated to the country home they’d made together in Dorset. “I tried to work out why I couldn’t face spending another night in London . . . It was because I’d only lived with him for eight years, and I’d lived there for 30 years. And so, if I went back, it would be as if he’d never happened. And I couldn’t bear that thought.” Grieving in their shared place, with all his furniture around, felt more natural.

I wonder what the next decade might hold for Walter. She is about to appear on our screens playing her most tyrannical matriarch yet — the actual Iron Lady, Margaret Thatcher. The drama, Brian and Margaret, centres around Thatcher’s disastrous final TV interview in 1989 with the broadcaster Brian Walden, played by Steve Coogan. The screenplay is by James Graham and the director is Stephen Frears. She did pause at the thought of playing Thatcher, she says: “I don’t look anything like her, I don’t sound anything like her and I hated her politics. . . but I saw her embattled by a world of men. I started to see how she developed her outer toughness in response to the world she was moving into. And then I felt she had to stay there, which is what dictators do, isn’t it? They build a certain uniform . . . And then they have to make it more and more solid because, as soon as there’s a chink in the armour, they’ll lose everything.”

Walter’s Thatcher will not be a pantomime villain any more than the rest of her characters have been, which is just as well, as the reality is far more interesting. As I pay the bill, she leans in. “At this stage of life, you’re getting much narrower cameo roles that people understand as code for ‘bitch’ or ‘victim’. I’m fighting those stereotypes.”

Cordelia Jenkins is editor of FT Weekend Magazine

Advertisement

Find out about our latest stories first — follow FT Weekend on Instagram and X, and subscribe to our podcast Life & Art wherever you listen

Source link

Advertisement
Continue Reading

Money

Money Marketing Weekly Wrap-Up – 07 Oct to 11 Oct

Published

on

Money Marketing Weekly Wrap-Up – 07 Oct to 11 Oct

Money Marketing’s Weekly Must-Reads: Top 10 Stories

This week’s top stories cover Chancellor Reeves’ Budget struggles and potential changes for self-employed advisers. Read on for more:



Chancellor Reeves ‘wrapping herself in a straight jacket’ ahead of Budget

Advertisement

Chancellor Rachel Reeves faces a challenging dilemma ahead of the 30 October Budget, balancing public reassurances with fiscal prudence, according to journalist Nick Watt.

Reeves must address a £22bn deficit while avoiding tax hikes on income, VAT and National Insurance. She is focusing on maintaining fiscal discipline, but this limits her ability to invest.

Proposed measures include taxing non-domiciled individuals and private schools, though implementation is uncertain. Options like raising capital gains tax or altering pension rules may be considered to generate revenue.

Chancellor set to scrap plans to change pensions tax relief

Advertisement

Rachel Reeves is expected to scrap plans to alter pensions tax relief in the upcoming Budget, as reported by The Times.

Previously, there was speculation that Reeves might switch to a flat tax relief rate to address the £22bn financial shortfall. This change could have benefited basic-rate taxpayers but penalised higher earners.

Experts now suggest the government may instead introduce a “death tax” on unused pension funds and reduce employer relief on National Insurance contributions.

True Potential hires new CEO from Tesco Bank

Advertisement

True Potential has appointed Tesco Bank CEO Gerry Mallon as its new chief executive, replacing co-founder Daniel Harrison, who is stepping down after seven years.

Mallon, who led Tesco Bank for over six years, will assume the role in early 2025, pending regulatory approval. In the interim, chief information officer Jeff Casson will act as CEO. Mallon brings extensive experience from roles at Ulster Bank, Danske Bank and McKinsey & Co.

True Potential’s chairman praised Mallon’s credentials and commitment to client-centric values.

Aviva completes £1.5bn annuity transaction

Advertisement

Aviva has completed a £1.5bn bulk purchase annuity buy-in with the Michelin Pension and Life Assurance Plan, securing the benefits of around 15,000 members.

The transaction, finalised in September 2024, included an in-specie asset transfer. Aviva’s CEO of insurance, wealth and retirement, Doug Brown, highlighted the firm’s strength in large-scale pension transactions. The Michelin Pension Trustee, advised by XPS Group, expressed satisfaction with the deal’s security improvements for members.

Aviva manages assets worth £398bn and serves 19.5 million customers.

Is time up for the self-employed adviser?

Advertisement

The use of self-employed advisers in financial services may soon face increased scrutiny, following the IR35 case against ex-rugby player Stuart Barnes, who was left with a £700,000 tax bill.

Employment lawyer Claire Holland warns that many self-employed adviser contracts might not pass HMRC’s employment status tests. Key concerns include personal service, control and client ownership.

Firms heavily reliant on self-employed advisers should consider alternative business models, as HMRC could soon focus on the financial services sector, mirroring actions in other industries.

FCA to probe consolidation in advice market

Advertisement

The Financial Conduct Authority (FCA) has announced a review of consolidation in the advice market, noting an uptick in firm acquisitions over the past two years.

In a letter to advice and investment firm leaders, the FCA acknowledged that while consolidation can be beneficial, it may also lead to risks if not managed prudently.

The regulator plans to assess the suitability and financial soundness of acquisitions, urging firms to seek approval before completing transactions. Firms must prioritise good outcomes and conduct thorough due diligence, especially if acquisitions are debt-funded.

AJ Bell strengthens senior leadership team with two appointments

Advertisement

AJ Bell has enhanced its senior leadership team with two key appointments: Ryan Hughes as managing director of AJ Bell Investments; and Stephen Westgate as group corporate development director.

Hughes, who served as interim MD last year, joined the executive committee and has been instrumental in the growth of AJ Bell’s investment offerings since 2016. Westgate, previously at Deutsche Numis, will focus on driving strategic initiatives and organic growth.

CEO Michael Summersgill highlighted their contributions to strengthening the company’s leadership and strategic direction.

Mark Dampier: Why active management is really over

Advertisement

Mark Dampier argues that active management in the asset management industry is facing unprecedented pressure as passive funds gain dominance.

Historically, active funds were recommended for their commission structures, but recent changes have shifted investor preference towards cheaper passive options, particularly following the Retail Distribution Review and Consumer Duty regulations.

With passive funds outperforming most active funds over the past 15 years, and the growing influence of large US companies in global indices, Dampier anticipates significant consolidation within the active management sector.

Behind the Headlines: FCA consolidation review is a ‘wake-up call’ for buyers and sellers

Advertisement

The Financial Conduct Authority (FCA) has announced a review of consolidation in the advice market, which has become increasingly relevant amid recent activity.

As firms seek to sell before anticipated capital gains tax increases, the FCA warns buyers and sellers to ensure rigorous due diligence and regulatory compliance. The review aims to assess the suitability and financial soundness of acquisitions, stressing that poor practices could harm consumers.

Experts suggest that this is a timely move for the FCA, given evolving market dynamics and the need for updated guidelines.

‘Selling your advice firm should be the last option’

Advertisement

Advice firm owners should consider selling their businesses as a last resort, said Roderic Rennison from Catalyst Partners during a recent session at Money Marketing Interactive.

He advised exploring alternatives like management buyouts (MBOs), employee ownership trusts (EOTs) or family succession before deciding to sell. Rennison highlighted the importance of having a written growth strategy and warned that the sale process involves more than just the transaction itself.

Integration challenges post-sale can impact staff morale and deferred payments, making careful planning essential.

Advertisement

Source link

Continue Reading

Trending

Copyright © 2024 WordupNews.com