THE TIPSTER CHRISTMAS HAS ARRIVED EARLY IN THE MARKETS November 16, 2009 THE FTSE 100 smashed through 5,300 yesterday, rising 86 points to close at 5,382.67. For weeks the blue-chip index had been struggling to get through this resistance level but yesterday, it was firmly back on the upward trend. Has the traditional Santa rally started early? If so, the next target level would be the 5,500 [...]
Life in the fast lane on the Cote d’Azur November 16, 2009 ANYBODY with even a passing interest in Formula One motor racing will have seen the Fairmont Monte Carlo hotel, although they may not realise it. The hotel is perched on the edge of the harbour and forms the famous tunnel, one of the best known parts of the Monaco Grand Prix circuit. For anyone keen [...]
Motown and soul-food come to the home of the jet set November 16, 2009 THERE’S a reason that Monte Carlo is known as the playground of the rich and famous. Not only is it home to some of the world’s wealthiest men and women – Philip Green, Shirley Bassey, EasyJet’s Stelios and David Coulthard are among the principality’s residents – but it also draws an entire firmament of stars [...]
Italian food by a superstar chef just doesn’t cut it in a downturn November 16, 2009 Apsleys 1 Lanesborough Pl, SW1X 7TATel: 020 7333 7254FOODSERVICEATMOSPHERECost per person without wine: £75 APSLEYS at the Lanesborough is doing its best to be classed as a restaurant in its own right, rather than an add-on to a hotel. It really is. Its latest incarnation as “Apsleys – a Heinz Beck Restaurant” (to give it [...]
FOOD & BOOZE NEWS November 16, 2009 SERPENTINE BAR & KITCHEN GOES FESTIVEHyde Park’s Serpentine Bar & Kitchen has opened a Christmas restaurant to coincide with the park’s Winter Wonderland. The restaurant, in its own festive marquee, will offer traditional English food and drink – hog roasts, stuffed guinea fowl and the like, with mulled wine, ciders and cask ales – from [...]
THREE OTHER HOTEL RESTAURANTS November 16, 2009 Marcus Wareing at The BerkeleyWareing broke loose of his boss Gordon Ramsay earlier last year and since then, his double Michelin-starred restaurant has been a major draw. It is critically adored for its innovative food and elegant décor and service. Stand-out dishes include a 24-hour cooked Welsh suckling pig with chicory. The Berkeley, Wilton Place, [...]
EXBARRISTER FINDS A RAFT OF USES FOR CITY’S USELESS BANKERS November 16, 2009 A RATHER quaint looking little book lands on The Capitalist’s desk and promptly causes a bit of a stir. Said tome has been penned – if you can call it that – by Alex Steuart Williams, a former barrister turned cartoonist and feature film animator (with movie credits such as The Lion King and Harry [...]
DISCERNING EYE November 16, 2009 Gerlach Jacobs, chief executive of INGWholesale Banking in the UK and Middle East, with ING’s UK head of comms Adrian Simpson and Eli Gregan-Jones of Standard Bank – the lucky winner of City A.M.’s recent competition to win £1,000 worth of art on display at the ING Discerning Eye exhibition. The exhibition, on at the [...]
Car Giant drives into the red but sees more models leave the showrooms November 16, 2009 CAR GIANT, the west London-based vehicle warehouse, plunged into loss-making territory last year, it emerged yesterday. The company was down £57,000 compared to profit in 2007 of £2.4m, despite increasing the number of used cars it sold by three per cent. It shifted nearly 50,000 hatchbacks and saloons over 12 months against a backdrop of [...]
Shares inUBCsoar after it cuts its pre-tax losses November 16, 2009 Shares in UBC Media soared 41 per cent yesterday after the radio content supplier said its first-half pre-tax loss had narrowed by 51 per cent to £258,000. UBC Media, the largest independent producer of radio programming for the BBC, reported group revenue up nine per cent to £1.94m and announced a maiden dividend of 0.102p [...]
