Ignite the spirit of the Games Makers in our employees September 10, 2012 FAREWELL then, to the undisputed stars of the London 2012 Olympic and Paralympic Games – the Games Makers will be missed. Overnight, London became a friendlier place. Anyone who was helped by them, or who heard the prolonged applause for them at the closing ceremonies, will know they rose to the occasion brilliantly and contributed [...]
Tom Aikens: The comeback kid November 11, 2012 TOM AIKENS is tired, and it shows. It’s 9am on a Friday morning and he’s already clocked up 72 hours during the week, working in his hugely successful eponymous Michelin-starred restaurant in Chelsea. For a chef, those kinds of hours are standard but Aikens has had to work particularly hard this last few years after [...]
US stocks fall further on fears over economy November 8, 2012 US stocks fell yesterday and could be in line for more weakness as worries about Washington’s ability to find a timely solution to the “fiscal cliff” dominate investor thinking in coming weeks. The S&P 500 dropped for a second day and closed below its 200-day moving average for the first time in five months. The [...]
Night hike through the City will be a peek through closed doors September 4, 2012 IF you’ve always wanted a nosey around Boris Johnson’s office, then the eighth annual Maggie’s Night Hike might just be the opportunity you’ve been waiting for. The 20-mile route takes in some of London’s most iconic architecture – including City Hall – and offers walkers exclusive access to some of the Square Mile’s most prestigious [...]
Off-licence hits back at Games branding rules July 24, 2012 OFF-LICENCE chain Oddbins hasn’t so much tweaked the noses of London 2012 chiefs as clamped them in a vice and swung them from a wrecking ball. In a tongue-in-cheek attack on the strict branding laws designed to protect the Games’ official sponsors, Oddbins have offered a discount to anyone who proves they’ve shunned all of [...]
McDonald’s to dish up 2,500 British jobs January 24, 2012 FAST food king McDonald’s is to create 2,500 jobs in Britain during 2012 after benefitting from a recession that has pushed customers towards its cheap meals. The American firm announced an 11 per cent rise in net income for the last three months of 2011 to $1.38bn (£886m) on the back of a 10 per [...]
McDonald’s to dish up 2,500 British jobs January 24, 2012 FAST food king McDonald’s is to create 2,500 jobs in Britain during 2012 after benefitting from a recession that has pushed customers towards its cheap meals. The American firm announced an 11 per cent rise in net income for the last three months of 2011 to $1.38bn (£886m) on the back of a 10 per [...]
Procter & Gamble cuts forecasts as slower growth in Europe hits June 20, 2012 SLOWER growth in China, Europe and the US prompted Procter & Gamble (P&G) to cut its growth forecasts yesterday. The world’s largest household product maker is expecting lower growth rates as it has cut costs by £6.35bn. Its chief executive, Bob McDonald, said at an investor conference in Paris yesterday, that the company would adjust [...]
Stocks suffer from euro fear on Wall Street July 23, 2012 US STOCKS fell for a second straight session yesterday, as Spain appeared closer to needing a national bailout and poor corporate results weighed on the market. Weak results from McDonald’s added to the cautious tone on Wall Street. Materials stocks were among the day’s weakest, hurt by across-the-board declines in commodities prices. Still, stocks ended [...]
US corporate results round-up July 23, 2012 Slowing economy hurts McDonald’s FAST-FOOD chain McDonald’s reported lower than expected quarterly profit yesterday, hurt by a slowing global economy and the impact of a stronger dollar. The company said that net income fell 4.5 per cent to $1.35bn (£870m), and the impact of the stronger dollar ate into earnings in the latest quarter, while [...]