Insurer AIG backs Camden Market owner Market Tech Holdings with £900m loan December 8, 2015 American insurance giant AIG has thrown its weight behind the owner of Camden Market after agreeing to provide it with a £900m debt package. Market Tech Holdings said the 10-year secured debt facility, arranged by AIG Asset Management, comprises of a committed £300m term loan, which will be drawn down immediately. A further £100m will be [...]
Camden Town Brewery AB InBev sale defended to craft beer lovers by founder Jasper Cuppaidge December 21, 2015 The founder of Camden Town Brewery has been forced to defend a decision to sell the craft brewery to AB InBev, receiving angry questions during a Twitter Q+A today following news of the acquistion. Jasper Cuppaidge fielded questions from craft beer fans and investors, many of them worried that the beer would change or what would happen to [...]
BT’s giving London’s phone boxes a revamp and they’ve got free Wi-Fi October 26, 2016 BT’s made a rather bold decision – it’s giving London’s phone boxes a makeover. The telecoms group has announced plans to replace the traditional boxes with kiosks called Links, in a new service LinkUK, offering free calls to UK landline and mobile phones, free Wi-Fi access and charging facilities. Hundreds of users within range of [...]
Time Out is close to signing a deal for new “flagship” London food market October 5, 2016 Time Out – the magazine publisher that recently listed on the London junior market – is expected to announce it has leased premises for a London food market in coming weeks, City A.M. understands. The group is close to signing a deal for a location thought to be around Kings Cross, Covent Garden, or Camden. The London food [...]
In ‘n’ Out Burger: This US cult burger chain will get in and out of the capital with a four hour flash restaurant opening today September 21, 2016 US fast food chain In 'n' Out Burger, which has an almost cult-like following stateside, will be coming to London for just four hours today Between 11am and 3pm In 'n' Out will be making a flash appearance at Brazilian steakhouse Estancia Brasil on Finchley Road, providing a temporary rival to the capital's other burger stalwarts. The premium [...]
Just Eat cooks up £3.5m investment for Time Out associate tech group Flypay October 10, 2016 Takeaway giant Just Eat has funnelled a £3.5m investment into Time Out associate tech company Flypay. The mobile payment app is part of Time Out's strategy to monetise local businesses and plays an "important role" in its strategy to transform into a global multi-media and entertainment business. Time Out, which recently listed on London's junior market, will now [...]
London house prices fall in September, driven by value drops in most expensive boroughs October 15, 2016 The average house price across England and Wales rose minimally last month, with a month-on-month fall recorded in London. The 0.6 per cent fall in the capital between August and September was prompted by large drops in value in the most expensive boroughs. While 11 of the 12 cheapest boroughs saw double-digit annual house price [...]
Craft and artisan beer craze lifts the number of new beer trademarks registered to record high October 17, 2016 The soaring popularity of artisan drinks pushed the number of new registered beer trademarks to hit a record high last year, according to City law firm RPC. The number of new beer brands registered in the UK jumped 12 per cent from 1,485 to 1,666 in 2015, an RPC analysis of figures from the government’s Intellectual [...]
Do you live in London’s happiest borough? September 27, 2016 Looking to find a happy life in London? Then these are the places to move to… Residents of Redbridge, Richmond and Newham are the happiest Londoners, while those in Greenwich, Lambeth and Islington are the least content. Barnet, Kingston and Kensington also ranked highly for happiness, while Haringey, Camden and Croydon were among the lowest in the city. [...]
Who is Amy Lamé? All you need to know about Sadiq Khan’s first night czar November 4, 2016 The job advert caused a stir when it went up. An exciting proposition: Could you be the one to turn London into a true 24-hour city? Well, Sadiq Khan thinks Amy Lamé is the woman to do it. She'll work 2.5 days a week for £35,000. Not bad. The advert for the position said Khan was after [...]