TGI Friday: Private equity company reports record returns December 9, 2016 The last day of the working week is, no doubt, always a cause of celebration for the owner of TGI Fridays. But this Friday is an extra special one for Electra Private Equity, which also holds investments in the Original Bowling Company, Photobox Group and holiday parks operator Parkdean Resorts. Epiris, the manager of Electra, [...]
Jinjuu, Soho, London review: Judy Joo’s Korean restaurant is a mixture of fusion food and to-die-for desserts | City A.M. August 6, 2018 JinJuu 15 Kingly St, W1B WHAT AND WHERE? Jinjuu – meaning pearl – is the food baby of Korean-American TV chef Judy Joo. She quit a high-flying career as an investment banker to do some hard graft in the kitchen of Gordon Ramsay’s empire before breaking out on her own as the host of Food [...]
Five suitors emerge for the whole of troubled BHS May 10, 2016 BHS has attracted five expressions of interest to buy the whole of the high street retailer. The interest was registered ahead of today's 5pm deadline, according to a spokesperson for the company. There have been a higher number of expressions of interest for specific parts of the business, with most thought to be keen to [...]
Ellen MacArthur reveals importance of “circular economy” investment hot spots January 20, 2017 Dame Ellen MacArthur revealed her sailing exploits pale into insignificance compared with the importance of promoting her €900bn (£776bn) “circular economy”. MacArthur, who became the fastest solo sailor to circumnavigate the globe in 2005, will today unveil the latest report from her foundation, identifying 10 investment “hot spots” which she hopes will turn the global [...]
Russia World Cup 2018: Clouds still hanging over Fifa and its tournament host with just over a year to go June 15, 2017 The Confederations Cup is normally a moment for football fans’ excitement to begin in earnest. Kicking off in Russia on Saturday, the competition marks a year until the country stages the next World Cup and offers a chance both for supporters to gauge the quality of potential contenders and for governing body Fifa to test [...]
Crossrail 2 boss Michèle Dix expects government decision to keep project on track next month April 10, 2017 The boss of Crossrail 2 is hoping to get the go-ahead to push on with the £30bn project by next month. Crossrail 2 managing director Michèle Dix said there is “very good cross-party support up and down the route”, and she was hoping the government will give Crossrail 2’s business case and funding plan the [...]
Cairn ploughs on in the North Sea January 17, 2017 Cairn Energy says it has the funds to fuel its projects through to production. The independent oil and gas explorer expects first oil from its Catcher and Kraken developments east of the Shetland Islands this year. The wells are expected to produce 25,000 barrels of oil equivalent per day. Simon Thomson, Chief Executive, Cairn Energy PLC said: “Cairn [...]
London City Airport toasts craft beer popularity with the launch of Truman’s brewery branch January 27, 2017 Truman's brewery has launched a new cafe-bar called Brick Lane Brews at London City Airport. It will offer "a quintessentially East End London menu" throughout the day, serving up everything from salt beef to muffins to sausage rolls – and beer, obviously. It's cold – it's started snowing – you need a Classic Salt Beef Beigel & Truman's [...]
HS2 announces flurry of new contracts including another for CH2M – the firm of its chief exec-to-be February 9, 2017 New contracts have been awarded for the second phase of HS2, including one for CH2M – HS2's incoming chief executive's company. The announcement comes after questions were asked over Mark Thurston's appointment last month and possible conflicts of interest. Thurston joins from his post managing European affairs at CH2M in the spring. American engineering giant CH2M is already the engineering delivery [...]
The golden rules of venture capital funding October 31, 2016 Venture capital (VC) accounted for $3.6bn (£2.95bn) of investment in the UK tech sector last year – a 70 per cent increase on the previous year. On a per capita basis, the country is now the second biggest destination for VC money in the world. But while it’s a valuable option, it’s not necessarily the [...]