Working Lunch at Quo Vadis: We review the generously portioned Soho Set menu and rave about an eel sandwich October 2, 2018 Quo Vadis 26-29 Dean Street WHAT AND WHERE? If you haven’t heard of Quo Vadis by now, then quo eras? The once-notorious brothel, and former home of Karl Marx – though not at the same time – first flung open its doors to Dean Street diners in the 1920s and it’s been a Soho staple [...]
Business groups criticise government’s post-Brexit immigration system for ‘dismissing’ low-skilled workers October 2, 2018 City groups have criticised the Conservatives' post-Brexit immigration plan and said dismissing low-skilled workers would harm businesses and the UK economy. Home secretary Sajid Javid unveiled a new policy to prioritise highly skilled workers and end freedom of movement within the European Union. Business groups said a number of sectors, such as retail and construction [...]
City banker nabbed for M&A role at $320bn Qatari state fund October 2, 2018 Qatar’s largest sovereign wealth fund has grabbed a top City of London banker to run its deal-related activities worldwide, as it moves to expand a $320bn (£246.6bn) portfolio that includes the single-largest stake in supermarket Sainsbury’s, Sky News reported. Sky said Ken McLaren, currently a managing director at Bank of America Merrill Lynch (BAML), will [...]
Weekly Grill: Indian chef extraordinaire Vivek Singh tells us about his City restaurant turning 10 and memories of lamb cooked over cowpats October 2, 2018 Who are you? I’m the founding chef at Cinnamon Collection. Our group has been revolutionising Indian Dining since 2001, with The Cinnamon Club in Westminster, Cinnamon Kitchens in the City, Oxford and Battersea and the magical Cinnamon Bazaar in Covent Garden. What do you do? I dream up dishes. What’s new at Cinnamon Group? Lots! [...]
The drinks master: There’s more to champagne than big names, try some grower-producers October 2, 2018 The Grand Marques, or big houses, in Champagne have always dominated the market. With their bulging marketing budgets, they are able to place their names everywhere from billboards, to sponsorships at major sporting events, to having their names elegantly etched into bars and restaurants all over the world. Most big Champagne houses are négociants, which [...]
Ryanair says it wants to hatch a deal with striking unions by Christmas October 2, 2018 Budget airline Ryanair said it hopes to settle its dispute with unions that have shadowed its summer schedule by Christmas. Chief marketing officer Kenny Jacobs told reporters in Madrid that the airline wanted to have agreements in place with crew and pilots by Christmas, with the view to implementing them next year. He said Ryanair has [...]
Pepsico marketing push sends beverage sales fizzing in key North American market October 2, 2018 Pepsico beat analysts’ expectations as net income grew 16 per cent year-on-on year to $2.5bn (£1.9bn) in the company’s third quarter. Its fortunes were spurred by 2.5 per cent organic growth in the company's North American beverages division, after outgoing chief executive Indra Nooyi refused to countenance a spin-off of the business in her time in charge. [...]
London investment fund Fuel Ventures raises £20m for expansion into Middle East and China October 2, 2018 London early stage venture capital firm Fuel Ventures has raised £20m in its third fund since 2014. The fund plans to invest in one company a month going forward as the firm expands into China, Europe and the Middle East. Read more: Planet Organic prepares for expansion drive after fund takeover Fuel Ventures' portfolio of companies, which [...]
Ofcom to investigate EE and Vodafone over network coverage claims October 2, 2018 Ofcom has launched investigations into Vodafone and EE over claims the mobile phone giants provided inaccurate information about their data coverage in rural areas. The regulator said EE, owned by BT Group, may have over-predicted its 3G coverage in rural areas and opened an investigation into the mobile operator. Ofcom said it had also identified [...]
The times, they are a-changin’: Innovation is happening faster than ever before, especially in the world of blockchain October 2, 2018 Innovation is happening faster than ever before, especially in the world of blockchain. So too with ICO NEWS, which today becomes the TOKEN INTELLIGENCE column, reflecting the changing and broadening out of what started out as just ICOs. Now we have the rise of ‘Tokenised Securities Offerings’, along with TGEs (Token Generation Events – not [...]