Focus on… Hammersmith: It’s Hammersmith time in London September 26, 2013 HOMES in Hammersmith are increasing in value as young professionals and families compete for properties in the area. Bordered by Shepherd’s Bush in the north and Fulham in the south, the west London area has found its housing stock in short supply in recent years, leading to an average of six applicants per property and [...]
McDonald’s revenues miss expectations as European sales remain suppressed July 22, 2013 McDonald’s has reported second quarter revenues of $7.08bn, or $1.38 per share, missing analyst expectations of $1.41 per share (release). Year-on-year, second quarter revenues were up 2.4 per cent, and earnings per share rose by seven per cent. Net profits were up five per cent to $1.40bn. In the US, comparable sales were up one [...]
Restaurant review: 1701 September 17, 2013 RESTAURANT Bevis Marks Synagogue, EC3A 5DQ Tel: 020 7621 1701 FOOD Four stars VALUE Three stars ATMOSPHERE Four stars Cost for two with matched wine: £115 I GOT back from my holiday last week to another of life’s crushing milestones: I can no longer fit into my work suit. It’s all downhill from here. And [...]
The business built to help customers outsource their chores September 15, 2013 Annabel Palmer meets Raj Singh, co-founder of the online marketplace Sooqini, who shunned job security for a career as an entrepreneur ACCORDING to Raj Singh, founder of online marketplace Sooqini, we are now living in a “gig economy”. His theory, albeit paraphrased from Michael Lewis’s The New New Thing, goes that people no longer want [...]
Battle of the cabs: Hailing competition in London’s transport June 22, 2013 WHEN I lived in Monaco, I had Ferraris. Now, living in London, I have a basic car but barely use it. The hassle of parking and traffic have made me a cab and minicab user, and I’ve recently noticed interesting things going on in their business world. Cabs have had two unique selling points. Unlike [...]
London tech bank sets up in California November 19, 2012 A BRITISH technology investment bank is today announcing plans to set up in California in a bid to benefit from the fast-growing firms in Silicon Valley. In a rare UK export to Silicon Valley, London-based Torch Partners, which focuses on high-growth companies in the tech, media and telecoms sectors, is set to set up in [...]
Making money in Tinseltown is easy: Just pick the right people July 28, 2013 Annabel Palmer talks Twilight with Nicola Horlick, the former City Superwoman who is trying her hand at Hollywood FORMER fund manager Nicola Horlick is in Santa Monica, California. The fabled City Superwoman – a moniker she despises – is working on her newest venture: Derby Street Films. It’s a film development business, currently made up [...]
Brothers who took a punt on a new market | City A.M. June 13, 2013 Annabel Palmer talks tobacco with Taz and Umer Sheikh: salesmen, business partners, and self-professed pioneers of the growing electronic cigarette industry SIX years ago, the smoking ban came into force in England, making it illegal to smoke in enclosed workplaces. So when I meet Umer Sheikh – the younger of the two Sheikh brothers behind [...]
Brothers who took a punt on a new market June 13, 2013 Annabel Palmer talks tobacco with Taz and Umer Sheikh: salesmen, business partners, and self-professed pioneers of the growing electronic cigarette industry SIX years ago, the smoking ban came into force in England, making it illegal to smoke in enclosed workplaces. So when I meet Umer Sheikh – the younger of the two Sheikh brothers behind [...]
SocGen boss de-neighs French food stereotypes at City lunch February 17, 2013 FRANCE may be known for its equine culinary culture, but the growing horse meat scandal seems to have put some of our next door neigh-bours on the back hoof. SocGen’s chief executive and chairman Frédéric Oudéa was feeling the pressure as he hosted a lunch last Friday, going on the defensive about his native land’s [...]