Marston’s and GKN are next to raise cash June 18, 2009 THE WAVE of companies seeking to raise fresh capital from shareholders showed no sign of abating yesterday as engineer GKN and pub group Marston’s both announced rights issues. GKN aims to raise £423m, while Marston’s is asking the market for £176m. GKN’s 50p offer price represents a 39 per cent discount to Wednesday’s closing price. [...]
Beneath the bonnet of the geek’s geek August 19, 2009 CAR FEVERBY JAMES MAYHodder & Stoughton, £18.99 HE might not have quite such a high profile as his co-presenters on the BBC’s Top Gear programme, but James May is the most likeable of the three, less cocksure and sneering. He appears to live in a world of bad shirts, where chummy “mates” play darts in [...]
Marston’s ploughing on with 176m rights issue June 28, 2009 MARSTON’S, which brews Pedigree and Banks’s ales, believes it has the support of investors over its plans for a rights issue to raise £176m, following reports leading shareholders were gearing up to vote the plans down. Sources close to chief executive Ralph Findlay’s plan, designed to fund new pub acquisitions, said it will go ahead [...]
BEST OF THE BROKERS June 4, 2009 J SAINSBURYIt’s the end of the beginning for J Sainsbury, not the beginning of the end, said analysts at Morgan Stanley as they upgraded the stock from “equal-weight” to “over-weight”. The broker expects the retailer to deliver premium like-for-like growth for at least 12 months, and has set a price target of 375p, which is [...]
BEST OF THE BROKERS June 4, 2009 J SAINSBURYIt’s the end of the beginning for J Sainsbury, not the beginning of the end, said analysts at Morgan Stanley as they upgraded the stock from “equal-weight” to “over-weight”. The broker expects the retailer to deliver premium like-for-like growth for at least 12 months, and has set a price target of 375p, which is [...]
Gourmet meets grit in this King’s Cross gem August 17, 2009 The Fellow24 York Way N1 9ATel: 0207 837 3001Cost per person without wine: £25 KING’S CROSS is still a funny old area. Try as the developers might, it’s never quite become the next Hoxton or Angel. And for anyone who prefers a good Burgundy to a hip-hop night, it’s not much of an evening destination. [...]
Gourmet meets grit in this King’s Cross gem August 17, 2009 The Fellow24 York Way N1 9ATel: 0207 837 3001Cost per person without wine: £25 KING’S CROSS is still a funny old area. Try as the developers might, it’s never quite become the next Hoxton or Angel. And for anyone who prefers a good Burgundy to a hip-hop night, it’s not much of an evening destination. [...]
Standing room only: coming soon to an airline near you July 7, 2009 YESJEREMY HAZLEHURSTTHE news that Ryanair is offering standing seating to customers should come as a surprise to nobody who has ever travelled on the carrier. Indeed, it is the logical extension of its ethos, which involves turning aeroplanes into a mix of a fairground and a sardine tin. The idea behind this radical new idea [...]
WHERE TO DRINK May 27, 2009 NORTH:The Albion, nestling just off Upper Street, will make you forget you are in London. A massive, green beer garden and great food (it has won awards for its Sunday lunch) are topped off with a good beer selection, including Flowers IPA and Black Sheep.10 Thornhill Rd, N1 1HW. Highbury & Islington tube/rail. Tel: 020 [...]
THE SUMMER’S TOP GASTROPUBS July 27, 2009 THE ALBION, ISLINGTON 10 THORNHILL ROAD, N1 1HW. TEL: 020 7607 7450Arguably the best Sunday lunch spot in north London’s trendier parts, this recently relaunched pub is a bastion of the Best of British gastro-glory tradition. Aside from blinding roasts, everything from the bar-snacks (enormous, fresh-made pork scratchings and bone marrow) to the meaty mains [...]