City boys go overboard on their whisky order and rack up an £11,000 bill in West End restaurant April 4, 2016 The Capitalist once thought, naively, that five-figure bills can only be racked up by ordering multiple bottles of Dom Perignon from bars in Mayfair or the Square Mile. Our doubts were first raised when, we brought you the news that a group of wealthy tourists managed to spend over £10,000 celebrating the Russian Orthodox new [...]
Londoners are really unfit – more than a third of us think we’re too unhealthy to start exercising, and half of us are worn out running for the bus April 4, 2016 We're a city of layabouts and couch potatoes; Londoners are so unfit that we can't even run for the bus. Half of Londoners say they get out of breath running for the bus, while over a third think they're too unhealthy to start exercising at all, according to new research. Astonishingly, nearly a third of [...]
Sol Campbell may be backing a Brexit, but the Stronger In campaign is still winning the battle for celebrities April 4, 2016 Former England captain Sol Campbell is the latest celebrity face to weigh in on the EU referendum. Campbell isn’t the only star backing independence; last month, Downton Abbey creator Julian Fellowes declared his backing of the Leave campaign. The Tory peer branded the European Union “autocratic” and “anti-democratic”, and drew on the collapse of the [...]
Here’s how we’re spending with contactless since the limit went up to £30 April 4, 2016 Millions of pounds have been spent by people simply swiping a card or mobile device after an increase to the limit on how much people can spend using contactless pay. There have been 36m cashless transactions worth nearly £900m since the limit went up from £20 to £30 in September last year. Transactions between £20 and £30 have grown at a rate of [...]
City Moves for 4 April 2016 | Who’s switching jobs April 4, 2016 Bryan Cave International law firm Bryan Cave has announced that Remy Blain has become managing partner of the firm’s Paris office. An M&A and private equity specialist, Remy is recognised by Chambers & Partners and other league tables in the areas of mid-cap mergers and acquisitions, private equity and distribution. His past experience includes senior [...]
O consumer, where art thou? Near founder Anil Mathews on location intelligence and Facebook’s Free Basics April 4, 2016 It was once said that you can tell a lot about a man by his shoes. With today’s levels of smartphone penetration, you can probably tell more by his location data. By tracking the consumer’s journey both online and in the real world, location intelligence platforms are able to identify travellers, shoppers, students and other segmented [...]
Why the greatest potential of virtual reality lies in business – and why not acting now could mean getting left behind April 4, 2016 We're only a quarter of the way through the year, and it’s already clear that the rise of virtual reality (VR) is one of the most talked about trends of 2016. Research from Deloitte shows that, while the technology may still be in the early stages of its commercialisation and development, it has reached a pivotal [...]
O consumer, where art thou? Near founder Anil Mathews on location intelligence and Facebook’s Free Basics April 4, 2016 NULL
UK’s finance chiefs rally behind the vote to keep Britain in the EU, as uncertainty curbs appetite for risk April 4, 2016 The majority of the UK's finance chiefs are so nervous of a vote for a Brexit this summer that it's stopping them from taking on other risks, a report out today has found. According to the survey by Deloitte of over 100 finance chiefs, three out of four (75 per cent) are now in favour of [...]
Transport M&A activity on track to steam past 2015 record, with more than £52bn of deals expected to complete April 4, 2016 Mergers and acquisitions (M&A) activity in the transport sector is set to increase this year, with more than £52bn of deals expected to go through. Completed deals rose for the third consecutive year in 2015 to a total of £48bn. Further transactions worth around £66bn were announced, with the sector hitting record levels. KPMG's latest [...]