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Senior Tories yesterday hit back at critics of the party’s promise of an EU referendum. Prime Minister David Cameron denied the move would create business uncertainty, as suggested by Labour leader Ed Miliband, telling the Confederation of British Industry’s annual conference that the idea is unfounded. And striking back at the Labour leader [...]
Aldermore's advisers approached investors with a cut-price offer in a last- ditch bid to save the challenger bank’s stock market float, but failed to pick up enough sales, City A.M. understands. The firm pulled its initial public offering (IPO) yesterday, blaming “the recent deterioration of global equity markets”. The bank approached the IPO [...]
The Mortgage Advice Bureau (Mab) defied choppy markets to price its initial public offering (IPO) yesterday. It has achieved healthy growth this year on the back of a strong housing market, and buyers looking for more help on loans as the prospects of an interest rate rise grow. The loan brokerage is set [...]
For centuries, we got along just fine making cocktails without the need to turn it into a competition – the winning was in the drinking. But in recent years, drinks companies have been putting on more cocktail competitions than you can shake a shaker at. Don’t let the thought of competitive drinking lure you in [...]
IN MOST walks of life, being timeless is a good thing. Not so with political speeches. Yesterday, Nick Clegg delivered the closing address of the Liberal Democrats’ annual conference in Glasgow, a speech so forgettable that he could have given it a year ago. There’s every chance he had actually given it before. The deputy [...]
The new obsession with meditation is a sign of exactly how mindless our places of work have become. Imagine leaving the office on a cold winter evening. You are tired, stressed and all you want to do is stretch out on the couch, drink a large glass of wine and laugh at D-list celebrities [...]
Annabel Palmer talks luck, liquor and a lightbulb moment with Charles Rolls, co-founder of drinks label Fever-Tree WHILE gin may not be the most popular global spirit (that prestigious title goes to Korean rice wine brand Jinro), the world consumes 440m litres of it each year. But back in 2000, Charles Rolls, co-founder of the [...]
FINANCIAL TIMES BAIN PULLS OUT OF RAC AUCTION Bain Capital has pulled out of the bidding for RAC, the roadside rescue business of UK insurer Aviva. The US private equity group last week dropped out of the auction after bidding less than its rivals, people close to the situation said. That leaves Carlyle, Clayton Dubilier [...]
PRÊT-À-PORTEA IS BACK AT THE BERKELEY The Berkeley’s world-famous Prêt-à-Portea is back with a new collection of goodies.?Inspired by the latest catwalk looks, the tea includes Yves Saint Laurent cakes and Christopher Kane macaroons – apt after a day of shopping at Harvey Nichols and Harrods. Other treats include a Jason Wu-inspired poppyseed cake, a [...]
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