The fast food revolutionary: EatFirst co-founder Rahul Parekh talks long hours, calories, mopeds and Mayfair hotels January 11, 2015 If you're after a startup story with a good luck streak, then that of Rahul Parekh, co-founder of EatFirst, might be the one for you. One evening, late last April, Parekh was holed up in a Mayfair hotel. He got chatting to some friends of a friend who, it transpired, worked for Rocket Internet – [...]
Hot sauce: Tesco launches new sandwich store to fight Pret A Manger September 1, 2014 Another day, another sandwich bar opens. So what's new? Well this time, it's Tesco which is launching a brand new sandwich shop format – selling premium subs and hot breakfast to City workers. This morning the supermarket opened its first small format sandwich store, conveniently located a stone's throw away from City AM's [...]
BHP Billiton share price drops as it pushes ahead with $14bn spin-off August 19, 2014 BHP Billiton, the world’s second-largest miner, has confirmed plans to spin off some of its assets into a new metals and mining company worth $14bn (£8.38bn), effectively undoing the 2001 merger that created it. Among the assets to be demerged are aluminium, coal, manganese, nickel and silver mines, including the Cannington silver and lead [...]
Take a BOAT through green lanes: Byways Open to All Traffic are the countryside’s best-kept secret November 5, 2014 Most Londoners don’t drive for pleasure – quite the opposite; it’s a chore, a practicality, something to get out of the way as quickly as possible. But it needn’t be like this. For those in the know, there’s a way to seek adventure and discover corners of the UK that nobody has explored in decades, [...]
Independent Scotland would need £100bn to avoid recession, UBS warns September 16, 2014 The remainder of the UK could have to lend an independent Scotland as much as £100bn to avoid a calamitous recession north of the border, a group of economists warned yesterday. Any suggestion of such a deal could lead to a rebellion by English MPs who are already frustrated by party leaders’ offer to spend [...]
Puncheon riddle as Warnock gets Palace job again August 27, 2014 CRYSTAL Palace are expected to hand new manager Neil Warnock money to spend before Monday’s transfer deadline after appointing the veteran boss for a second time yesterday. Warnock, who led Palace from 2007 to 2010, has agreed a two-year deal after seeing off competition from former West Brom manager Steve Clarke to succeed Tony Pulis [...]
Google to help lay $300m undersea internet cable to Japan August 11, 2014 By the end of 2016 Google and a group of Asian telecommunications firms will have built $300m worth of internet cable, joining Japan to the US. The project, called "Faster", will cater to rising bandwidth usage and will begin immediately. Internet traffic spanning the trans-Pacific route is becoming "intense" as smartphones, high broadband usage and [...]
British Land wins second tenant at London’s Marble Arch House July 14, 2014 BRITISH Land said yesterday it has secured its second letting at Marble Arch House in the West End after signing a deal with an industrials group owned by the Ukrainian-born US tycoon Len Blavatnik. Access Industries, which also operates from New York and Moscow, has signed a ten-year lease for all 4,500 square feet on [...]
Five things we’ve learned from Chelsea’s financial results: FFP is no big deal but Stamford Bridge is still too small November 13, 2014 Not only are Chelsea a table-topping team currently pulling away of all competitors, they are also rapidly becoming one of the Premier League’s best businesses. The current league leaders today revealed their financial results for the 2013/2014 season and they’re guaranteed to put a smug smile on fans’ faces. The west-Londoners revealed record [...]
Open House 2014: Our pick of the best events in the City of London September 4, 2014 It’s hard work running a city – especially one that leads the world in culture, heritage and population growth, like London. The increasing demand for housing in the capital has put more pressure than ever on our open spaces and buildings. The pace of urban change is fast and cities need creative solutions to stay [...]