Three other chinese restaurants December 14, 2009 HAKKASAN Still one of the most glamorous and fashionable of London’s restaurants, Hakkasan is also one of the best places to eat Oriental food anywhere. Taking Cantonese food as its inspiration, it spins this into the kind of wondrous cuisine that gets you Michelin stars and gourmet adulation. Hakkasan, 8 Hanway Place, W1T 1HD. www.hakkasan.com. [...]
Cricket club out for a crispy duck December 14, 2009 Chinese Cricket Club Crowne Plaza London, 19 New Bridge Street, EC4V 6DB. Tel: 020 7299 0400 FOOD SERVICE ATMOSPHERE Cost per person without wine: £32 LONDON isn’t short of excellent Chinese restaurants, but the City certainly is. Perhaps with the exception of Imperial City in the basement of the Royal Exchange, the Square Mile has [...]
FTSEdrops as windfall tax worries offset mining gains December 7, 2009 Britain’s top shares ended 0.2 per cent lower yesterday, with banks weak on concerns over a possible windfall tax, offsetting modest gains in miners and energy stocks which rebounded from earlier losses. The FTSE 100 closed 11.70 points lower at 5,310.66 points, paring some losses from earlier in the session when the index dropped to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 6, 2009 THE SUNDAYSThe Sunday TelegraphBRITISH GAS AIMS TO BECOME TOP INSURANCE PROVIDERBritish Gas is gearing up to become one of the UK’s top 10 insurance companies and the provider of choice to its 4.5m customers. The Centrica-owned utility has been granted approval by the FSA to underwrite its own household and warranty products and is in [...]
Rising stars ofCity fight off the downturn December 6, 2009 ONE hundred of the City’s most precocious young stars have been honoured in a round-up of the hottest names to watch in the world of finance over the coming year. The list of 100 Rising Stars, compiled by Financial News, includes Goldman Sachs emerging markets trader Jan Sramek, who at the tender age of 22 [...]
CITY VIEWS: WHAT DO YOU MAKE OF THE ROW OVER BONUSES AT RBS? December 3, 2009 ANDREW CRAWFORD INTUITION“I think RBS is stuck between a rock and a hard place and government should never have bought up the bank in the first place. Now RBS can’t award the bonuses, but without them it will lose its ability to remain competitive.” BEN REED AXIS CAPITAL “I think that the most the government [...]
CITY MOVES WHO’S SWITCHING JOBS December 3, 2009 AvivaAviva, the insurance group, announced yesterday that Mary Francis CBE had been appointed as a member of the board’s nomination committee, and took the role on with effect from 2 December this year. Francis is also a senior independent director of Centrica, and a non-executive director at Cable & Wireless. She formerly held senior positions [...]
Buy-to-let is back as rents stabilise and low prices attract landlords December 3, 2009 BUY-TO-LET is starting to look like an attractive proposition once again, as lower house prices and a stabilising rental market result in more enticing yields. Data from LSL Property Services – the company that owns Your Move and Reeds Rains estate agencies – shows that annual returns on landlords’ investments have turned positive for the [...]
Mining stocks lead weaker banking and power firms December 2, 2009 Britain’s leading share index ended 0.3 per cent higher yesterday as mining firms gained on the back of higher commodity prices, outpacing some weakness in banks and energy stocks. The FTSE 100 closed 15.22 points higher at 5,327.39, adding to Tuesday’s strength when the index recorded its biggest one-day gain in more than four months [...]
CITY MOVES WHO’S SWITCHING JOBS December 1, 2009 RBC Capital MarketsRBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, yesterday announced that it had hired Simon Ballard as a director and senior credit strategist in London. Ballard, who will be based in RBC’s London office, has over 20 years of credit experience, including roles at ABN AMRO Asset [...]