A genuine City institution April 16, 2012 Q Tell us a little about the history and ethos of the business. A Located in the architectural splendour of Leadenhall Market, Chamberlain’s Restaurant is an independent, family-owned operation; a natural extension of our premium seafood wholesale business, Chamberlain and Thelwell Ltd. Established at Old Billingsgate Market in 1947, there have now been three generations [...]
For a fish paradise, take a trip to Leadenhall’s Chamberlain’s April 16, 2012 CHAMBERLAIN’S 23-25 Leadenhall market, EC3V 1LR FOOD ***** SERVICE ***** ATMOSPHERE **** Cost per person without wine: £38 THE Chamberlain’s and Thelwell family business has been around for 65 years. History like that can be enough to crush a new chef. Do you keep things the same and be accused of resting on your laurels, [...]
I start work at 2am to get the best fish April 16, 2012 Chamberlain and Thelwell’s business is all about fresh seafood of the highest quality and we focus entirely on that element of the market. We are proud that our wholesale clients are among the most discerning five star hotels, clubs and other worthy institutions in and around London and they rely upon us to be able [...]
Citigroup quarterly profits falls April 16, 2012 Citigroup today reported lower first-quarter profit on Monday as the bank worked to contain expenses in the face of volatile capital markets. The New York-based lender said net income was $2.93bn (£1.85bn), compared with $2.99bn for the same period last year. Revenue from its ongoing securities trading and investment banking declined 12 per cent from [...]
Spain’s debt levels approach crisis levels April 16, 2012 Spain’s debt yields have broken the six per cent level as investors worried about its budget, knocking the euro and sending safe-haven German bonds to a record last set at the height of the euro zone crisis. Signs of slowing global growth also undermined sentiment in commodity markets while European equity markets were mostly in [...]
Miners fuel FTSE gains April 16, 2012 The FTSE 100 was in positive territory in early trading with resilient miners lifting the index despite fears over slowing growth in China Investors were more upbeat after markets were also buffeted last week by fears over Eurozone debt, with eyes focusing on Spain and Italy. However sentiment toward banking stocks remained tepid this morning [...]
GDF agrees £6.4bn deal for International Power April 16, 2012 French utility GDF Suez has agreed to buy the 30 per cent of British power producer International Power it does not already own for £6.4bn, increasing its exposure to fast-growing markets. The 418 pence per share offer, at a seven per cent premium to an earlier approach by GDF, values International Power (IPR) at about [...]
Polar Captal assets jump to £3bn April 16, 2012 Fund firm Polar Capital saw its total assets rise above $5bn (£3bn) after another quarter of client inflows, as a number of investment managers benefit from a rebound in financial markets and investor sentiment this year. The London-based firm, which has been winning clients to its mutual funds while seeing outflows from its hedge funds, [...]
Hedge funds moving away from Mayfair April 16, 2012 London hedge funds are shunning their traditional heartland in Mayfair, the city’s most expensive office neighbourhood, pushed out by straitened financial circumstances and the desire to dump their racy image for something more businesslike. The Mayfair and St James’s district, including the so-called “hedge fund alley” of Curzon Street and Berkeley Square, contains some of [...]
Graduates face earnings slump April 15, 2012 AFTER being battered by high tuition fees and soaring youth unemployment, new figures out today show young people are set to suffer further as real graduate pay falls to its lowest level in almost a decade. Starting salaries for university leavers are unchanged this year at an average of £25,000, a significant fall once rising [...]