Mark Hix heads to Norway to fish for cod and cook up a storm May 8, 2018 I’ve just been on a whistle-stop trip to Norway with fellow chef Valentine Warner, staying in a village called Holmen on the ridiculously beautiful Lofoten fishing islands to the north west of the country. Holmen and the surrounding villages – like much of Norway – are all about cod. Lining the roadsides are big wooden [...]
Joe Allen London review: The American restaurant in Burleigh Street, Covent Garden, with a crowd-pleasing set menu May 8, 2018 Joe Allen 2 Burleigh Street, WC2E (Click or tap on the images to see them in full screen) Fillet of hake, braised baby gem, asparagus, cherry tomatoes, capers Eggs florentine, also available on the Daily Set menu White chocolate pannacotta, poached strawberries Grilled chicken breast, crushed new potatoes, rocket & basil pesto WHAT AND WHERE? [...]
Banco de Sabadell S.A. fined €1.6m by the European Central Bank over unauthorised capital buyback May 8, 2018 The Spanish banking group Banco de Sabadell S.A. has been fined €1.6m (£1.4m) by The European Central Bank (ECB) for buying back capital without permission, according to a ECB press release. In the period 1 January 2014 to 7 November 2017, Banco de Sabadell bought back some of its capital without the permission of the [...]
Standard Life Aberdeen tries last-ditch attempt to keep Lloyds from leaving £100bn contract May 8, 2018 Standard Life Aberdeen has launched a last ditch attempt to keep Lloyds from backing out of its £109bn asset management contract with the firm. In a statement today, Standard Life claimed that Lloyds “did not have the right to terminate the contract” which is SLA’s single biggest, representing 4.4 per cent of its full-year pro [...]
Cote mulls closures as casual dining troubles strike again May 8, 2018 Cote restaurant chain is looking to shut down a series of London-based eateries in yet another sign of stress in the casual dining sector. The chain, which is owned by private equity firm BC Partners, is looking at options for its Jackson + Rye brasserie and Limeyard diner brands, both of which have a presence [...]
Heathrow and Jaguar to create UK’s largest chauffeur-driven electric vehicle fleet May 8, 2018 Jaguar Land Rover is to roll out 200 of its all electric I-Pace SUVs for Heathrow passengers to use to and from the airport from this summer, creating the largest chauffeur-driven fleet of electric vehicles in the UK . The pair have teamed up with travel services company WeKnowGroup to offer chauffeur services from central [...]
Rosenblatt to take aim at litigation funders with £7m war chest and plans for a further fund following today’s London float May 8, 2018 City law firm Rosenblatt confirmed today that it could launch its own stand-alone fund to invest in litigation cases. Speaking to City A.M. the firm’s chief executive Nicola Foulston said: “We are interested in looking to open a separate regulated fund to fund third party litigation.” Rosenblatt floated today on the London Stock Exchange and [...]
Heidi Alexander quits as Labour MP to take on transport reins at City Hall May 8, 2018 Labour MP Heidi Alexander has quit her parliamentary role to join City Hall as the new deputy mayor for transport. The Lewisham East MP had been widely expected to resign as she increasingly came into conflict with the current leadership’s approach to a number of issues, most notably Brexit. She will take over from Val [...]
Hedge fund Caius Capital reports Unicredit for allegedly breaking European banking rules by misclassifying capital May 8, 2018 A hedge fund has reported Italian bank Unicredit to the European Banking Authority, alleging that it has misclassified a massive near-€3bn (£2.6bn) chunk of its capital. International and EU standards require that all banks must hold some “common equity tier one” (CET1) capital, such as common shares and retained earnings, to protect them and help [...]
Oil prices remain at four-year high ahead of Trump’s Iran decision May 8, 2018 Oil prices remained at a four-year high this morning, ahead of US President Donald Trump’s highly anticipated announcement on the Iran nuclear deal. WTI Crude was still above $70 a barrel, despite slipping by 0.8 per cent, having risen above the threshold for the first time in four years yesterday, as traders anticipate Trump confirming [...]