HSBC warns over UK banking exodus September 2, 2010 A LITTLE-KNOWN private equity firm stunned Wall Street by taking over troubled fast food chain Burger King in a $4bn (£2.6bn) deal yesterday. Analysts began talking about a potential wave of takeovers in the restaurant sector after 3G Capital, a New York-based vehicle run by three Brazilian billionaires, agreed a $24-per-share offer with the company’s [...]
Pinnacle team brings in second agent to attract pre-let tenants to the tower September 7, 2010 ARAB Investments, the developer of the Pinnacle skyscraper, has brought in an extra letting agent to sell leases in the tower on Billingsgate. Property company CB Richard Ellis has joined Savills as joint leasing agent on the tower, which is set to be the tallest building in London when completed in 2013. “It’s something we’ve [...]
BEST OF THE BROKERS September 13, 2010 THORNTONS FinnCap reiterates its “sell” rating on Thorntons saying its recent results marked the latest in a disappointing run for the chocolate firm. It believes long term success depends on the business successfully rebalancing the business away from its retail stores towards other commercial sales. It adds this strategy is unproven. DE LA RUE Evolution [...]
BEST OF THE BROKERS September 13, 2010 THORNTONS FinnCap reiterates its “sell” rating on Thorntons saying its recent results marked the latest in a disappointing run for the chocolate firm. It believes long term success depends on the business successfully rebalancing the business away from its retail stores towards other commercial sales. It adds this strategy is unproven. DE LA RUE Evolution [...]
Johnson Service Group shares surge as work wear business performs well September 1, 2010 laundry firm Johnson Service Group yesterday reported a 17 per cent increase in first half pre-tax profit yesterday benefiting from a strong performance from its work wear rental business. The company made an adjusted pre-tax profit of £6.2m in the six months to 30 June, up from £5.3m in the same period last year. “I [...]
RUBENS AND CHARLES I WATCH LUXURY GONGS November 15, 2010 THE great and good of the British luxury brands industry gathered for one of the biggest events of the year last night, as its lobbying group, Walpole, held its annual awards. In Whitehall’s Banqueting Hall, under the glow of a delicately lit ceiling of Rubens masterpieces and near the site where King Charles I was [...]
RUBENS AND CHARLES I WATCH LUXURY GONGS November 15, 2010 THE great and good of the British luxury brands industry gathered for one of the biggest events of the year last night, as its lobbying group, Walpole, held its annual awards. In Whitehall’s Banqueting Hall, under the glow of a delicately lit ceiling of Rubens masterpieces and near the site where King Charles I was [...]
FOCUS ON: MORDEN, SURREY August 19, 2010 RIVERSIDE HOUSE, MORDEN ROAD £199,950 This two-bedroom apartment in a smart riverside development is ideal for the first-time buyer. It has an undercover reserved parking bay. Contact: Ellisons on 020 8543 1166, www.ellisons.uk.com MAIN HOUSE, THURLESTON AVENUE £499,950 A semi-detached five-bedroom property close to Morden Park, this family home has an extensive rear garden and [...]
PLAYBOY CLUB SET TO REOPEN IN LONDON October 19, 2010 EXCITING news for fans of the good life – Playboy, the iconic brand set up by Hugh Hefner, is reopening its private members club in London, over two decades after the original closed its doors at 45 Park Lane back in the Eighties. This time around Hef’s relocating to swanky new premises at Mayfair, and [...]
PLAYBOY CLUB SET TO REOPEN IN LONDON October 19, 2010 EXCITING news for fans of the good life – Playboy, the iconic brand set up by Hugh Hefner, is reopening its private members club in London, over two decades after the original closed its doors at 45 Park Lane back in the Eighties. This time around Hef’s relocating to swanky new premises at Mayfair, and [...]