Burger King plans to go public again April 4, 2012 Hamburger chain Burger King said it plans go public through a deal with a London-listed investment firm, less than two years after it agreed to be taken private by private equity group 3G Capital Management. The quick sale highlights a profit improvement at Burger King’ Worldwide Holdings Inc, which operates more than 12,000 mainly franchise [...]
Mitchells & Butlers sales better than forecast January 26, 2012 Restaurants and pubs group Mitchells & Butlers reported a better than expected first quarter sales rise, benefiting from milder weather over the Christmas and New Year period and strong demand for casual dining. The company, whose chains include Harvester, Toby Carvery and All Bar One, said it was confident of further growth in the year [...]
Mitchells & Butlers sales better than forecast January 26, 2012 Restaurants and pubs group Mitchells & Butlers reported a better than expected first quarter sales rise, benefiting from milder weather over the Christmas and New Year period and strong demand for casual dining. The company, whose chains include Harvester, Toby Carvery and All Bar One, said it was confident of further growth in the year [...]
GOING OUT January 26, 2012 The festive season witnessed the birth of a plethora of new bars and clubs in the capital, notable amongst them was The Rose on 23 Orchard Street in Marylebone, brought to you by clubland mainstays Nick House and Piers Adam (Whisky Mist, Punchbowl, Mahiki). Their newest project houses a 300 capacity, chic speakeasy-style nightclub with [...]
Still not ready for Valentine’s tonight? February 13, 2012 Staying In & Going Out ENJOY THE PERFECT RESTAURANT MEAL – AT HOME | FROM £35 Get amazing takeaway. The key for this one is to make sure it’s ready when she gets home – you want the table set, the candles lit, the wine out. Chinese isn’t allowed: instead, opt for the very best [...]
JAMIE OLIVER SLICING INTO NORTH AMERICAN MARKET January 15, 2012 CELEBRITY chef Jamie Oliver is planning to expand his Jamie’s Italian restaurant chain into the US and Canada. The move follows a year of solid growth for the chain in the UK, with profits for the year to January of £4.65m, up from £1.65m the previous year. Oliver has formed a new company, Jamie’s Italian [...]
The Rib Room is okay… but that’s it January 30, 2012 The Carlton’s eatery turned 50 last year, celebrating with a refurb and new chef. But has it worked? Jumeirah Carlton Tower, SW1X 9PY FOOD ** SERVICE **** ATMOSPHERE *** Cost per person without wine: £65 Elderly restaurants can be a bit like grandparents – demanding of respect without doing very much to deserve it. They [...]
The Rib Room is okay… but that’s it January 30, 2012 The Carlton’s eatery turned 50 last year, celebrating with a refurb and new chef. But has it worked? Jumeirah Carlton Tower, SW1X 9PY FOOD ** SERVICE **** ATMOSPHERE *** Cost per person without wine: £65 Elderly restaurants can be a bit like grandparents – demanding of respect without doing very much to deserve it. They [...]
From Kensington to Farringdon: why London’s prices are buoyant January 19, 2012 WHY ARE PROPERTY VALUES IN CENTRAL LONDON RISING FASTER THAN REST OF THE UK? Prices in Prime Central London are indeed out-performing the rest of the country. Over the last 12 months, average house prices across the UK have remained broadly stable, meanwhile in Prime Central London (PCL), prices rose by 12.1 per cent in [...]
Duke Street shelves plan for €850m fundraising February 1, 2012 THE PRIVATE equity house behind Japanese restaurant chain Wagamama and payments network Payzone has pulled a €850m (£706.5m) fundraising as global market turmoil shows little sign of easing. Duke Street now wants to raise cash for every one or two deals it carries out, although it is set to receive payments to cover operational costs [...]