LITMIR.BIZ

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watched as the gate was unlocked and they made their way to the limousines waiting on Tower Hill. At eight the following morning he telephoned his stockbroker, checked the price of shares in New World Electronics, and instructed him to buy five thousand.

      At 11.30, when the Guard was dismounted, he was driven to Wellington Barracks near St James’s Park, then returned to his flat in Onslow Square, two hundred yards from both South Kensington underground station and Christie’s auction rooms, where he had bought most of his furniture.

      There were six items of mail. Four were personal letters, the fifth contained statements for his various accounts at Coutts Bank in Kensington High Street, and the sixth was from the Swiss Investment Bank on Stockerstrasse, in Zurich’s commercial quarter.

      He skimmed the correspondence, showered and changed into civilian clothes, collected the Porsche – 944 Series 2 Cabriolet, Guards red – from the residents’ parking area and drove to the San Lorenzo. The luncheon party was at a table towards the rear of the restaurant: one other man and two women. The head waiter was hovering, the manager was looking pleased but anxious, and the personal bodyguard was positioned at a table nearby.

      Fairfax bowed slightly.

      He had known her for five years, yet even now he would address her by her first name only if she so indicated, and then only in private.

      ‘Hello, Roddy.’ The Princess of Wales looked up at him. ‘Family jewels still there?’ There was a laugh on the face and a tease in the eyes.

      ‘Last time I looked, Ma’am.’

      The City of London was still quiet. It was not quite seven in the morning, the summer heat already settling between the concrete and glass fascias of the office blocks and the sky a brilliant blue. An inbound Boeing 747 passed overhead, the sun glinting on it, a white police Granada cruised slowly north along Old Broad Street and a dustcart trundled south.

      Gerard Gray turned into the head offices of Barclays International, showed his ID to the security guards in the foyer and took the fast lift to his office. By 7.15 he had read the Financial Times and the Wall Street Journal, circling in red items he would follow up on later, by 7.40 he had speed-read the news and financial sections of the other quality dailies, including the New York Times, the European edition of the Herald Tribune and the Irish Times, as well as the city pages of the tabloids. By eight, when the next members of the department arrived, he had spoken to Tokyo and the Middle East.

      Gray was in his early thirties, tall and well-dressed, with a first-class honours degree in economics from the LSE. Eighteen months previously he had been appointed Departmental Director, a promotion marking him for the fast stream. He lived in an apartment in one of the new blocks overlooking the Thames in the Wapping area of the old London Docklands, walking to and from the office each morning and evening. Despite his apparent acceptance of the life-style of a City executive he drank little; each morning before work he ran the Docklands section of the London marathon, and he played squash regularly. There was little trace of his Irish origins about him, the slightest hint of an accent creeping into his voice only when he chose, and he explained the scar which ran down his left shoulder by saying that he had been involved in a motor accident.

      The morning was busy: at nine he held his first meeting with the management consultancy team brought in from Price Waterhouse to advise on information access to clients associated with the oil-producing areas, at one he met them for lunch in the executive dining suite. The only new member of the team, to whom he had been introduced that morning, was a systems analyst, Philipa Walker. He guessed she was in her late twenties or early thirties. She was tall, dark-haired, slim and attractive, and dressed to match her position: lightweight dark blue pinstriped jacket with padded shoulders and matching skirt. When she talked it was in the fluent and efficient jargon he associated with the Price Waterhouse team; when she had nothing to contribute she listened carefully.

      At four, when Gray checked the pound and the FT index, the only movement – and then only a minor flutter – seemed to have been in the electronics and research sector where a company named New World Electronics had been taken over at a rock-bottom price by one of the Japanese giants which dominated the field. In the three hours since the announcement the value of its shares had quadrupled. Not that it would affect the world, Gray thought, most people probably wouldn’t notice. Somebody might have made a killing, though.

      He left the City, walked quickly to his flat, changed, collected the BMW from the parking bay below the block and cleared London before the main rush hour reduced traffic on the A12 to a standstill. By 5.45 he had passed Brentwood, just before 6.15 he pulled into the yard of the farm lost in the flatlands of the Essex countryside midway between Chelmsford and Colchester.

      The farmer was standing at the kitchen door; the sleeves of his shirt were rolled up, he still had his boots on and his cloth cap was pushed to the back of his head. He shook Gray’s hand and led him inside.

      ‘Too nice an evening for London. Thought I’d get some practice in.’ Gray accepted the mug of tea which the man’s wife poured. ‘Sorry not to let you know.’

      ‘No problem. Danny’ll pull for you.’

      Fifteen minutes later Gray and the farmer’s son walked through the farmyard to the clay pigeon shoot in the field behind the house.

      ‘How fast?’

      ‘Fast as you can.’

      He waited. ‘Pull.’

      The clays spun into the air.

      Not bad, he thought as they walked back to the house. At least he wasn’t rusty. The drive back to London was relaxed. It would have been a good evening for a river trip down the Thames, he suddenly thought, a good evening to have invited Philipa Walker to dinner.

      The following morning he was at his desk at seven; at ten he met the Price Waterhouse team. The day before Walker had been dressed like a city woman, almost severe, with her hair drawn back. Today, he noted, she wore a dress – casual though expensive – and her hair was looser, hanging round her shoulders. The agenda was tightly scheduled – Price Waterhouse, after all, was costing him a great deal of money—each of the management team leaving when his area of expertise had been covered. Perhaps it was coincidence, perhaps the way he structured the meeting, that the last item concerned computers and the last member of the team consulted was the woman called Walker. The discussion ended, he thanked her and gathered his papers together.

      ‘I was wondering if you’d like a drink after work.’ The invitation was either formal or informal, whichever way she chose to take it.

      ‘Perhaps. Could be we’ll still be working.’

      Win some, lose some, Gray thought.

      ‘Where?’ She smiled as he held the door open for her. ‘Just in case.’

      ‘Gordon’s Wine Bar in Villiers Street. A hundred yards up on the right from Embankment tube station.’

      ‘What time?’

      He shrugged. ‘Five-fifteen, five-thirty.’

      When he left at five the traffic was too busy to bother with a cab. He walked to Tower Hill and caught the underground to the Embankment. Villiers Street, sloping up towards the Strand and Trafalgar Square, was hectic, newspaper stands and flower stalls along the pavement and commuters rushing into the station itself. The first building on the right was dilapidated, a sandwich bar next to it, a lamp hanging from the corner and the name above the door. He went in, then down the stairs into the cellar. It was an odd place for a drink after the sanitized cleanliness of the City bank, he had thought the first time he had come, almost as if he was descending into the bowels of a London which no longer existed. Fifteen stairs, he had counted them the second time he had come, either out of historic interest or because of his fascination with detail.

      The room below was built round a central column of brick and wood, the varnish peeling off the wall panelling and the anaglypta paper above it faded and yellow, and covered with old newspaper front pages and photographs. The bar was to the left, a portrait of Winston Churchill

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