“Rebecca Bloomwood, Successful Saving,” I say, in my best networking manner.

“Glad to meet you, Rebecca,” he says, and fishes in his pocket for a business card.

“Oh, thanks,” I say, hastily reaching into my bag for my own business cards. Yes! I think triumphantly as I hand it over. I’m networking with the national newspapers! I’m swapping business cards!

Just then the microphones all come on with a screech of feedback, and a dark-haired girl at the podium clears her throat. Behind her is a lit-up screen, with the words Sacrum Asset Management against a sunset.

I remember this girl now. She was really snotty to me at a press briefing last year. But Philip likes her, because she sends him a bottle of champagne every Christmas, so I’ll have to give this new pension plan a nice write-up.

“Ladies and gentlemen,” she says. “My name is Maria Freeman, and I’m delighted to welcome you all to the launch of the Sacrum Asset Management Pension Series. This is an innovative range of products designed to combine flexibility and security with the powerful performance associated with Sacrum.”

A graph appears on the screen before us, with a wiggly red line rising and falling above a thinner black one.

“As Graph 1 shows,” says Maria Freeman confidently, pointing to the wiggly red line, “our UK Enterprise Fund has consistently outperformed the rest of its particular sector.”

“Hmm,” murmurs Eric Foreman to me, frowning at his brochure. “So, what’s going on here, then? I heard a rumor that Sacrum Asset Management wasn’t doing too well.” He jabs at the graph. “But look at this. Outperforming the sector.”

“Yeah, right,” I murmur back. “And what sector would that be? The Crap Investments Sector? The Lose All Your Money Sector?”

Eric Foreman looks at me and his mouth twists slightly.

“You think they’ve fiddled their figures?” he whispers.

“It’s not exactly fiddling,” I explain. “They just compare themselves to whoever’s worse than themselves, and then call themselves the winners.” I point to the graph in the brochure. “Look. They haven’t actually specified what this so-called sector is.”

“Well, blow me,” says Eric Foreman, and looks up at the Sacrum team sitting on the platform. “They’re canny bastards, aren’t they?”

Really, this guy has no idea. I feel almost sorry for him.

Maria Freeman is droning on again, and I stifle a yawn. The trouble with sitting near the front is you have to pretend to look interested and be writing notes. “Pensions,” I write, and draw a swirly line underneath. Then I make the line into the stem of a vine and start drawing little bunches of grapes and leaves all the way along.

“In a moment I’ll be introducing Mike Dillon, who heads up the investment team, and he’ll be telling you a little about their methods. In the meantime, if there are any questions. .”

“Yes,” says Eric Foreman. “I’ve got a question.” I look up from my grapevine, slightly surprised.

“Oh yes?” Maria Freeman smiles sweetly at him. “And you are. .”

“Eric Foreman, Daily World. I’d like to know, how much do you all get paid?” He gestures with his hand along the table.

“What?” Maria Freeman turns pink, then regains her composure. “Oh, you mean charges. Well, we’ll be dealing with those. .”

“I don’t mean charges,” says Eric Foreman. “I mean, how-much-do-you-get-paid? You, Mike Dillon.” He jabs at him with his finger. “What are you on? Six figures, is it? And bearing in mind what a disaster the performance of Sacrum Asset Management was last year — shouldn’t you be out on the streets?”

I’m absolutely stunned. I’ve never seen anything like this at a press conference. Never!

There’s a kerfuffle at the table, and then Mike Dillon leans forward toward his microphone.

“If we could get on with the presentation,” he says, “and. . and leave other questions for later.” He’s looking decidedly uncomfortable.

“Just one more thing,” says Eric Foreman. “What would you say to one of our readers who invested in your Safe Prospects plan and lost ten grand?” He glances briefly at me and winks. “Show them a nice reassuring graph like that one, would you? Tell them you were ‘top of the sector’?”

Oh, this is fantastic! All the Sacrum people look like they want to die.

“A press release on the subject of Safe Prospects was issued at the time,” says Maria and smiles icily at Eric. “However, this press conference is restricted to the subject of the new Pension Series. If you could just wait until the presentation is over. .”

“Don’t worry,” says Eric Foreman comfortably. “I won’t be staying to hear the bullshit. I reckon I’ve got everything I need already.” He stands up and grins at me. “Good to meet you, Rebecca,” he says quietly. “And thanks for your expertise.” He extends his hand and I shake it, without quite knowing what I’m doing. And then, as everyone is turning in their seats and whispering, he makes his way along the row and out of the room.

“Ladies and gentlemen,” says Maria Freeman, two bright spots burning on her cheeks. “Due to this. . disturbance, we will have a short break before we resume. Please help yourself to tea and coffee. Thank you.” She turns off the microphone, climbs down from the podium, and hurries over to the huddle of Sacrum Asset Management personnel.

“You should never have let him in!” I hear one of them saying.

“I didn’t know who he was!” replies Maria defensively. “He said he was a stringer for The Wall Street Journal!”

Well, this is more like it! I haven’t seen so much excitement since Alan Derring from the Daily Investor stood up at a Provident Assurance press conference and told everyone he was becoming a woman and wanted us all to call him Andrea.

I head toward the back to get another cup of coffee, and find Elly standing by the coffee table. Excellent. I haven’t seen Elly for ages.

“Hi,” she grins. “I like your new friend. Very entertaining.”

“I know!” I say delightedly. “Isn’t he cool?” I reach for a posh chocolate biscuit wrapped in gold foil, and give my cup to the waitress to be refilled. Then I take another couple of biscuits and pop them in my bag. (No point wasting them.)

Around us there is an excited buzz of conversation; the Sacrum people are still clustered at the front. This is great. We’ll be able to natter for hours.

“So listen,” I say to Elly. “Have you applied for any jobs recently?” I take a sip of coffee. “Because I saw one for New Woman the other day in the Media Guardian, and I meant to ring you. It said it was essential to have experience on a consumer title, but I thought you could say—”

“Becky,” interrupts Elly in an odd voice, “you know which job I’ve been going for.”

“What?” I stare at her. “Not that fund manager job. But that wasn’t serious. That was just a bargaining tool.”

“I took it,” she says, and I gaze at her in shock.

Suddenly a voice comes from the podium, and we both look up.

“Ladies and gentlemen,” Maria is saying. “If you would like to resume your seats. .”

I’m sorry, but I can’t go and sit back down there. I have to hear about this.

“Come on,” I say quickly to Elly. “We don’t need to stay. We’ve got our press packs. Let’s go and have lunch.”

There’s a pause — and for an awful moment I think she’s going to say no, she wants to stay and hear about personal pensions. But then she grins and takes my arm — and to the obvious dismay of the girl at the door, we waltz out of the room.



There’s a Café Rouge around the corner, and we go straight in and order a bottle of white wine. I’m still in slight shock, to tell you the truth. Elly Granger is going to become a Wetherby’s fund manager. She’s deserting me. I won’t have anyone to play with anymore.

And how can she? She wanted to be beauty editor on Marie-Claire, for God’s sake!

“So, what decided you?” I say cautiously as our wine arrives.

“Oh, I don’t know,” she says, and sighs. “I just kept thinking, where am I going? You know, I keep applying for all these glam jobs in journalism and never even getting an interview. .”

“You would have got one eventually,” I say robustly. “I know you would.”

“Maybe,” she says. “Or maybe not. And in the meantime, I’m writing about all this boring financial stuff — and I suddenly thought, why not just sod it and do boring financial stuff? At least I’ll have a proper career.”

“You were in a proper career!”

“No I wasn’t, I was hopeless! I was paddling around with no aim, no game plan, no prospects. .” Elly breaks off as she sees my face. “I mean, I was quite different from you,” she adds hurriedly. “You’re much more sorted out than I was.”

Sorted out? Is she joking?

“So when do you start?” I say, to change the subject — because to be honest, I feel a bit thrown by all this. I don’t have a game plan, I don’t have prospects. Maybe I’m hopeless, too. Maybe I should rethink my career. Oh God, this is depressing.

“Next week,” says Elly, and takes a swig of wine. “I’m going to be based at the Silk Street office.”

“Oh right,” I say miserably.

“And I’ve had to buy loads of new clothes,” she adds, and pulls a little face. “They’re all really smart at Wetherby’s.”

New clothes? New clothes? Right, now I really am jealous.

“I went into Karen Millen and practically bought it out,” she says, eating a marinated olive. “Spent about a thousand quid.”

“Blimey,” I say, feeling slightly awestricken. “A thousand quid, all at once?”

“Well, I had to,” she says apologetically. “And anyway, I’ll be earning more now.”

“Really?”