FOCUS ON: GREENWICH, SE10 July 22, 2010 ROYAL MILITARY ACADEMY Price: From £165,000 A luxury flat in an 18th century military school is not the typical home of a first-time buyer. But a regeneration project has turned the academy into a luxury development with studios, one-beds and two-beds on offer. Contact: Hamptons on 020 8856 0034, www.theacademy-woolwich.com FINGAL STREET Price: £435,000 A [...]
FOCUS ON: GREENWICH, SE10 July 22, 2010 ROYAL MILITARY ACADEMY Price: From £165,000 A luxury flat in an 18th century military school is not the typical home of a first-time buyer. But a regeneration project has turned the academy into a luxury development with studios, one-beds and two-beds on offer. Contact: Hamptons on 020 8856 0034, www.theacademy-woolwich.com FINGAL STREET Price: £435,000 A [...]
Claridge’s owner in talks with Deutsche Bank to refinance £610m of borrowings June 14, 2010 THE owner of some of London’s most luxurious hotels is in talks to refinance £610m of debt, it was confirmed yesterday. Maybourne Hotel Group, owner of the Claridge’s, Connaught and Berkeley hotels in London, is in talks with Deutsche Bank about a refinancing that needs to take place by the end of the year. The [...]
BEST OF THE BROKERS June 13, 2010 MICHELIN Royal Bank of Scotland (RBS) initiates a “buy” rating for Michelin and says that despite rising material prices, it sees room for Michelin to profit from early implementation of price increases, stronger replacement business momentum, and better underlying earnings due to the cost cuts in 2009. GREENE KING Seymour Pierce has given Greene King [...]
BEST OF THE BROKERS June 13, 2010 MICHELIN Royal Bank of Scotland (RBS) initiates a “buy” rating for Michelin and says that despite rising material prices, it sees room for Michelin to profit from early implementation of price increases, stronger replacement business momentum, and better underlying earnings due to the cost cuts in 2009. GREENE KING Seymour Pierce has given Greene King [...]
Celebrating all things pretty, pricey and rare June 17, 2010 Fancy getting your hands on a 1932 Bugatti Grand Prix car? How about a magnificently ornate Victorian billiards table? Alternatively, you could furnish your living room with a pair of stunning globes from the 17th century. Of course, you’ll need to stump up over a million quid to own any of these – £3.2m in [...]
Burger King tops Wall St forecasts on good margins April 29, 2010 Burger King reported a quarterly profit that edged past Wall Street’s expectations yesterday, helped by better-than-expected margins. The second-biggest US hamburger chain after McDonald’s had warned in March that bad weather in the central and eastern United States kept diners away during the quarter and it expected lower revenue and restaurant margins for the period. [...]
Spirits high at SSG after vodka boost June 27, 2010 STOCK Spirits Group (SSG) has turned in a record profit – fuelled by sales of the fastest growing vodka brand in the world. The company’s annual revenue soared by 17 per cent to €262m (£216m) in 2009 compared with the previous year. Earnings – before tax interest, taxes and amortisation – were up 46 per [...]
French foray for Compass May 5, 2010 COMPASS Group, the world’s biggest caterer, bought French food service business Caterine Restauration for an undisclosed sum yesterday. The French caterer, which specialises in the provision of services in the education and healthcare sectors, posted revenues of €41.8m (£35.8m) for the 12 months to 31 August 2009 with gross assets valued at €34m (£29m). Compass [...]
FOOD & BOOZE NEWS May 3, 2010 TRINITY GOES LITERARY Recipe books are ten-a-penny, but not many leave us as watered-of-mouth as How to Eat In by Adam Byatt, chef patron of Clapham’s rather fabulous Trinity restaurant. It’s a tome of serious beauty – the full-page pictures of boiled goose eggs with asparagus soldiers and a sensational fish pie topped with cockles [...]