Betfred scrambles to woo racing execs May 22, 2011 HIGH street bookmaker Betfred has launched a last-minute scramble to win racing industry support for its bid to buy the Tote, the state-backed bookmaker. The gaming firm has stepped up its bid by offering to create an advisory board for the Tote, with seats for racing industry executives. Betfred is seen as the straggler in [...]
How to take a Savile Row legend global June 29, 2011 FOR all that it’s seen as a bastion of steadfast, stiff-upper-lip Englishness, Savile Row has always been a place of shifting sands. Tailoring houses have hopped from one address to another, others have swallowed up their failing rivals, new blood has appeared regularly to shake up the establishment while other tailors have come and gone. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 13, 2011 FINANCIAL TIMES GREEK BANK SCUPPERS HOPES OVER DEAL Alpha Bank, Greece’s third-largest lender, has killed hopes of a merger deal with larger rival National Bank of Greece, scotching the push by regulators and the government for the country’s troubled banking sector to strengthen itself through consolidation. RETAILERS RUN OUT OF IPAD 2 WITHIN HOURS Many [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 13, 2011 FINANCIAL TIMES GREEK BANK SCUPPERS HOPES OVER DEAL Alpha Bank, Greece’s third-largest lender, has killed hopes of a merger deal with larger rival National Bank of Greece, scotching the push by regulators and the government for the country’s troubled banking sector to strengthen itself through consolidation. RETAILERS RUN OUT OF IPAD 2 WITHIN HOURS Many [...]
Evans Randall sells Allianz office March 2, 2011 Investment bank Evans Randall has sold 60 Gracechurch Street, home of insurance firm Allianz, to German investor KGAL after owning it for just over three years. The companies have not disclosed the sale price, but it is thought to be around £116m. Allianz, which moved into the building in 2009 when Commerzbank moved its investment [...]
MILL HILL, NW7 May 5, 2011 WILLOW END, HENDON WOOD LANE Price: £2.85m This brand new home is spread out over four levels. It has three reception rooms, six bedrooms, six en suite bathrooms, a home cinema room and a games room with a fitted bar and gym. Contact:Savills on 020 8447 4400 or go to www.savills.co.uk ST VINCENTS LANE Price: [...]
Something is rotten in the state of Europe May 10, 2011 IT ALMOST seems that we have got to the point where billion-euro bailouts are relegated to the same news level as dogs waterskiing and images of Nick Clegg found on a piece of toast. But with the Greek debt at €110bn, Irish at €85bn and Portuguese at €78bn, these are not trivial sums. As the [...]
London house prices steady as market recovers March 2, 2011 LONDON is set to buck the trend of Britain’s housing slump, according to Hometrack’s latest national housing survey, released today. While prices across the country fell by 0.2 per cent in February, they stayed level in the capital, the survey said. It was the first time that London’s prices had held strong after seven months [...]
Candy bros see £4m loss April 3, 2011 CANDY & Candy, the interior design and property development firm owned by Nick and Christian Candy, slipped to a £4.4m loss in 2010, its accounts showed yesterday. The firm fell to a £4.4m pre-tax loss in the year to the end of June last year from a £2.2m profit in 2009 after sales plummeted to [...]
Candy bros see £4m loss April 3, 2011 CANDY & Candy, the interior design and property development firm owned by Nick and Christian Candy, slipped to a £4.4m loss in 2010, its accounts showed yesterday. The firm fell to a £4.4m pre-tax loss in the year to the end of June last year from a £2.2m profit in 2009 after sales plummeted to [...]