McDonald’s to dish up 2,500 British jobs January 24, 2012 FAST food king McDonald’s is to create 2,500 jobs in Britain during 2012 after benefitting from a recession that has pushed customers towards its cheap meals. The American firm announced an 11 per cent rise in net income for the last three months of 2011 to $1.38bn (£886m) on the back of a 10 per [...]
Pod cash injection to fund fresh stores across the capital May 8, 2011 HEALTHY fast-food chain Pod has secured funding for an ambitious expansion throughout the City and across central London, with a view to rolling out the brand nationally. Pod, which opened its first branch at London Wall in 2005, has £2.5m of fresh funding from investor JGR Capital; £500,000 from some of Pod’s 80-odd existing shareholders [...]
Burger King chief named September 9, 2010 3G CAPITAL said yesterday it plans to name Bernardo Hees chief executive of Burger King Holdings when it closes its $3.26bn (£2.11bn) purchase of the world’s second-largest hamburger chain later this year. Hees, who joined the US private equity firm as a partner in July, was most recently boss of America Latina Logistica, Latin America’s [...]
Make the most of half term and indulge your childish side as well October 17, 2011 THINGS TO DO LION KING 3D IMAX Everyone loves a bit of Lion King, and when it not only promises to be in 3D but also extra big on the IMAX screen, this offering is impossible to resist. 2-27 October, child ticket: £11, adult ticket: £16. LONDON ZOO Always a great place to take the [...]
Make the most of half term and indulge your childish side as well October 17, 2011 THINGS TO DO LION KING 3D IMAX Everyone loves a bit of Lion King, and when it not only promises to be in 3D but also extra big on the IMAX screen, this offering is impossible to resist. 2-27 October, child ticket: £11, adult ticket: £16. LONDON ZOO Always a great place to take the [...]
Burger King in talks with 3G September 1, 2010 FAST FOOD chain Burger King is in advanced talks with 3G Capital over a sale that could see the company move back into private hands. News of the ongoing discussions with the New York-based investment vehicle sent shares soaring 15 per cent to $18.86 in American trading. This was the biggest jump in share prices [...]
Brazilian trio takes Burger King for $4bn September 2, 2010 A LITTLE-KNOWN private equity firm stunned Wall Street by taking over troubled fast food chain Burger King in a $4bn (£2.6bn) deal yesterday. Analysts began talking about a potential wave of takeovers in the restaurant sector after 3G Capital, a New York-based vehicle run by three Brazilian billionaires, agreed a $24-per-share offer with the company’s [...]
Burger King hikes profit but warns on jobs August 24, 2010 BURGER King reported higher-than-expected quarterly profit as it kept a tight rein on expenses yesterday. Yet the fast-food chain, which counts the infamous Whopper beefburger among its products, said business would remain under pressure in the new year because of lingering unemployment and government austerity programmes in several European countries. Burger King is more vulnerable [...]
Burger King hikes profit but warns on jobs August 24, 2010 BURGER King reported higher-than-expected quarterly profit as it kept a tight rein on expenses yesterday. Yet the fast-food chain, which counts the infamous Whopper beefburger among its products, said business would remain under pressure in the new year because of lingering unemployment and government austerity programmes in several European countries. Burger King is more vulnerable [...]
Yet more steak venues, and Ramsay comes to the City August 29, 2011 WOLFGANG PUCK’S CUT What: Austrian-American super-chef, restaurateur and friend of Hollywood Wolfgang Puck has a large number of acclaimed restaurants in the US and the Far East, and is opening his first European venue at the hugely anticipated new hotel, 45 Park Lane. Across the road from the Dorchester and operated by the same company, [...]