Tchenguiz’s former tapas chain part of £100m sale February 8, 2010 THE group behind La Tasca and the Ha Ha Bar and Grill chain could raise £100m when it is put up for sale. The Bay Restaurant Group – which was once part of property tycoon Robert Tchenguiz’s empire – is understood to be being eyed by private equity-backed investors. Interest is set to increase after [...]
CITY SET FOR HERON’S ROOM WITH A VIEW February 18, 2010 BUSINESS hotshots out to impress in the City’s culture of superlatives, take note: plans are finally afoot to find a restaurateur to take on what will soon become the venue with some of the best views over the Square Mile. Heron Tower, the 46-storey Bishopsgate glass and stainless steel giant due for completion just over [...]
FOOD & BOOZE NEWS March 8, 2010 TURKISH WINES AT TIKE A hit among the upwardly mobile of Istanbul, Tike opened last year to the delight of City folk who like a good bit of meat with fresh warm hummous.?Now a wine list has been added, which features Turkish grapes as well as a selection of more traditional varieties. A unique opportunity [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 11, 2010 FINANCIAL TIMES TOTAL CHIEF STILL KEEN ON UAE DESPITE SETBACKS Total, the French oil company, is looking to invest in the United Arab Emirates’ nuclear industry despite having been part of a consortium that lost the $20.4bn contract to build the country’s reactors. The loss to a Korean consortium, led by Korea Electric Power Corp [...]
A central London property means you can avoid the Tube crush and commute on foot March 25, 2010 ONE in 500 Londoners currently walks to work, and those who have witnessed the capital’s rush-hour crush, when mild-mannered professionals turn into a baying rabble, stamping over the elderly, the sick or the pregnant – anyone who gets in between them and a seat – will understand the appeal of this arrangement. The journey to [...]
MODELLING LEAVES METRO BOSS RED-FACED April 5, 2010 MOST of the management over at shiny-new high street lender Metro Bank might be patting themselves on the back over their latest marketing ruse, a giant mascot for the bank, but some of the poor staffers have been left red-faced. The new mascot – an enormous foamy “M” in blue and red, the bank’s colours [...]
FOOD & BOOZE NEWS January 25, 2010 MASTER OF MACAROONS COMES TO LONDON Parisian pâtissière to the stars Pierre Hermé is to come to London. Naturally he’ll have a Knightsbridge boutique – but that’s scheduled for summer. In the meantime, his gilded macaroons and bonbons will be on sale at Selfridges, from 5 February. Hermé is credited with creating the modern macaroon, [...]
For babymooners, Brown’s is best April 18, 2010 WHEN I told people that my wife was expecting our first child, a lot of the men who already have kids did this laugh, a sort of bark that seemed to be at once ironic, sardonic and to suggest “you poor, poor fool, you don’t know what you are letting yourself into. No, really, you [...]
Candys set to lose US deal February 22, 2010 THE Candy brothers have been dealt a fresh blow as their plans to develop luxury apartments in the Beverley Hills district of Los Angeles are set to be scrapped later this week. The eight-acre site was to be turned into 235 apartments, shops and restaurants. Instead it will be sold at auction on Thursday after [...]
Hedge funds investing in big-time divorce March 16, 2010 AMONG all the people who lost money in the downturn, one of the most colourful cases was that of Scot Young, businessman friend of Russian oligarch Boris Berezovsky and owner of the Ivy restaurant, Richard Caring. When his wife filed for divorce last year it emerged that Young’s £400m fortune had apparently vanished, with Young [...]