Bring the family to the Cheapside Fayre on Saturday June 17, 2012 WHEN people talk of cities as playgrounds, they tend not to be thinking about swings and roundabouts, but bars, restaurants and the like. It’s not exactly child-friendly. However, families are at the heart of Celebrate the City and a significant proportion of the festival programme has been built with them in mind. “When it comes [...]
Recipe for success is a special blend June 17, 2012 Q Three years in the City – how has it been? A Considering we opened High Timber just as the recession kicked in, overall it has been fabulous. There are so many big characters in the City; the restaurant always seems to have a buzzing and fun atmosphere. Q What’s been great and what’s been [...]
Shopping in style at the City’s 10 best June 17, 2012 Paul A Young, Bank 1 London’s most delectable chocolatier has shops in Islington and Soho, but our favourite is the outpost on Threadneedle Street. Just a stone’s throw from Bank, the store is a beacon of temptation, with its opulent display window and signature purple exterior. Paul, who has flame-red hair, oversees an operation in [...]
Five of the City’s cultural treasures June 17, 2012 London Metropolitan Archive, Northampton Road, Clerkenwell This is a true treasure trove – archive heaven for anyone interested in the City’s fascinating history. It’s got an extraordinary range of collections and records about the capital, and also runs a wide selection of talks, guided tours, film screenings and exhibitions. The archive is one of the [...]
Plus Markets sells exchange platform for £1 June 15, 2012 Exchange operator Plus Markets has sold its technical trading platform to Forum Trading Solutions for an initial £1, with the potential for another £281,250 if Plus’s deal to sell it’s main exchange business to ICAP goes through. Hirander Misra, non executive chairman of Forum said: “We are delighted to provide managed trading services to Plus, [...]
Mirror’s Sly Bailey quits with immediate effect June 15, 2012 Sly Bailey will step down as chief executive of Trinity Mirror with immediate effect and not at the end of the year as originally planned, the newspaper group announced today. Bailey announced in May that she would step down from the publisher of the Daily Mirror tabloid after shareholders took issue with her large pay [...]
London Metal Exchange to be bought by HKEx for £1.4bn June 15, 2012 The London Metal Exchange is set to be sold to the Hong Kong stock exchange (HKEx) in a deal worth £1.4bn. The offer must now be approved by the LME board. If accepted it will give Asia’s largest bourse a much needed entry into a the booming commodity trading business, and brings LME members closer [...]
Britain’s trade deficit widens against expectations June 15, 2012 Britain’s goods trade deficit unexpectedly widened in April as exports to countries outside the EU fell sharply while imports dipped less, according to data released today by the Office for National Statistics (ONS). The ONS said the goods trade deficit grew to £10.1bn – the second-largest gap since records began in January 1998. Economists had [...]
Britain’s goods trade deficit widens June 15, 2012 Britain’s goods trade deficit unexpectedly widened in April as exports to countries outside the European Union fell sharply while imports dipped less, official data showed. The Office for National Statistics said the goods trade deficit grew to £10.1bn – the second-largest gap since records began in January 1998. That compared to a deficit of £8.734bn [...]
Banks rally fuelled by emergency credit plan June 15, 2012 The FTSE 100 saw rises fuelled by a rally in banking shares as the Government and the Bank of England announced plans to pump in £100bn of credit into the economy. Emergency measures to breathe new life into the economy were unveiled by Chancellor George Osborne last night with the money printing presses to be [...]