Wildwood restaurant owner Tasty shares plunge as it warns further site closures on the way March 20, 2019 Shares in Wildwood restaurant owner Tasty plunged this morning as the company warned that it may be forced to make further closures this year after shuttering eight underperforming sites. The figures Shares plummeted more than 17 per cent as the restaurant group posted dismal full-year results for 2018, blaming challenges in the casual dining sector as [...]
Crossrail will not open until 2021 and could run £650m over budget, bosses admit November 8, 2019 Crossrail will not open until 2021 and will run up to £650m over budget, transport bosses admitted today. The long-awaited Elizabeth Line, which was originally due to open in December 2018, will not open until “as soon as practically possible in 2021”, Transport for London (TfL) said. Crossrail chief executive Mark Wild warned technical issues [...]
City Moves for 20 March – who’s switching jobs at Crowell & Moring, Delta Capita and DWF? March 20, 2019 Who’s switching jobs today? Crowell & Moring Andrew Knight is joining Crowell & Moring’s London office as a partner in its corporate and financial services practices to strengthen the firm’s ability to advise clients on debt finance and asset-based lending.His practice focuses on international financial law in the context of asset-based lending, syndications, restructurings, loan [...]
Extinction Rebellion climate change protesters want to destroy the UK’s financial sector May 1, 2019 The founder of Extinction Rebellion has ambitions to upend the UK’s financial system after her organisation targeted the City in two weeks of London protests. Gail Bradbrook wants to provoke a “mass refusal” to pay off loans and mortgages in a bid to throw London’s financial district into disarray following action that saw climate change [...]
Extinction Rebellion climate change protesters want to destroy the UK’s financial sector May 1, 2019 The founder of Extinction Rebellion has ambitions to upend the UK’s financial system after her organisation targeted the City in two weeks of London protests. Gail Bradbrook wants to provoke a “mass refusal” to pay off loans and mortgages in a bid to throw London’s financial district into disarray following action that saw climate change [...]
Editor’s Notes: Canary Wharf is still the place to meat June 13, 2019 We live in interesting times. A few years ago, who would have expected vegan sausage rolls to fly off Greggs’ heated shelves, or for KFC to announce a new vegan “chicken” burger called The Imposter? Veganism is alive and well… but not so much at the Canary Wharf branch of Boisdale this week, where the [...]
Working Lunch: We try the Menu du Jour at Canary Wharf’s glassy staple Plateau February 19, 2019 Plateau Canada Square, E14 WHAT AND WHERE? Plateau is a smart, loosely French restaurant that sits atop the fourth floor of Canada Place, a glass cube filled with office escapees wining and dining their clients during the week. Incredibly, it still overlooks the Canary Wharf ice rink – when is that thing going to close? [...]
Green light given to £230m Docklands tower October 16, 2018 Plans to build a £230m apartment block on the Isle of Dogs were given the green light today, joining a growing list of residential towers set for development in London’s Docklands. Central London developer LBS Properties is set to start construction on the 48-storey scheme for 332 flats near Canary Wharf after being given planning permission [...]
Pension superfunds need help to avoid early retirement May 10, 2019 Nobody said it would be easy. For the pension industry’s new generation of consolidation vehicles, getting out of the starting blocks is turning into a protracted affair. The two to have shown their hands so far – the Pension Superfund and Clara-Pensions – have impressive boards, promises of funding and bulging deal pipelines, yet months [...]
EE switches on UK’s first live 5G trial site at Canary Wharf October 5, 2018 Mobile operator EE will today bring 5G to the UK for the first time as it turns on its first trial site in Canary Wharf. Though a number of major telcos have announced plans for trials in London and across the UK, this is the first time a site has gone live for the general [...]