IT consultant ordered to pay £50,000 after being accused of stealing Soho House members’ personal details
Walkie Talkie prompts City clampdown on wind tunnels as skyscrapers transform London July 13, 2015 Complaints over powerful gusts of wind around the base of the Walkie Talkie skyscraper in the City have prompted planners to demand property developers seek a second opinion over their wind reports. Wind tunnels have become a more frequent problem as an apparent result of skyscrapers going up in the capital. The City of London [...]
Grek debt crisis: Alexis Tsipras now faces scrap in Athens over new deal July 13, 2015 Embattled Greek Prime Minister Alexis Tsipras is facing a backlash from supporters after accepting the broad terms of a new bailout deal. The agreement requires Greece to undertake more reforms and austerity in return for cash, despite the country rejecting such a deal in a national referendum just over one week ago. Workers from the [...]
BC set to dig in to cote brasserie chain July 13, 2015 PRIVATE equity group BC is in talks to buy restaurant chain Cote Brasserie. The bid, first reported by Sky News, comes less than two years after private equity group, CBPE Capital, took a majority stake in the chain. It has 65 bistros around the UK which have benfited from consumer spending on eating out rise by [...]
Britain spending its way to faster growth in 2015 July 13, 2015 SALES on the high street enjoyed their highest rise in 18 months in June, as rising consumer confidence and improving disposable incomes encouraged shoppers to splash out on clothes and big ticket items. The data, published this morning by the British Retail Consortium (BRC), is the latest evidence of booming consumer spending in the UK. [...]
Oil prices drop as nuclear deal with Iran looms July 13, 2015 Oil prices were stuck below $60 yesterday and with an Iranian nuclear deal in the offing could fall further again in the near future. Talks between Iran and Western powers were due to end last night, and officials said yesterday that a deal aimed at ending sanctions on the Middle Eastern country in return for [...]
Marathon petroleum buys out markwest energy July 13, 2015 MARATHON Petroleum will buy natural gas processor MarkWest Energy Partners for about $15.6bn (£10.1bn), a deal that will create the fourth-largest master limited partnership (MLP) by market value. An MLP is a publicly traded limited partnership, or a limited liability company, that pairs the tax benefits of a partnership with the fundraising ability and liquidity [...]
Global markets breathe sigh of relief as Greek deal is reached July 13, 2015 World equity prices rallied yesterday as investors welcomed a conditional agreement to negotiations aimed at keeping Greece afloat with a bailout and to stay within the Eurozone. European equities surged almost two per cent while Wall Street jumped more than one per cent after Eurozone leaders made Greece surrender much of its sovereignty to outside [...]
Ex-HSBC boss Lord Green faces grilling from House of Lords July 13, 2015 The elusive Lord Green will finally face a grilling today on high-profile scandals that occurred during his tenure at the helm of HSBC. Green – who headed up the bank between 2006 and 2010 – is up in front of the House of Lords Economic Affairs Committee, where he will be quizzed on allegations that [...]
Fever-tree takes off with British Airways July 13, 2015 DRINKS company Fever-Tree is taking to the skies after striking a deal with British Airways to supply the airline with its new can range. Its Indian and Naturally Light Tonic will be available in British Airways First and Club World cabins on long haul flights as well as certain UK lounges.
Derwent London secures its first lettings for White Collar Factory July 13, 2015 Derwent London said yesterday it has snapped up an office block at the heart of the capital’s fintech district in Aldgate at the same time as it announced its first lettings at the White Collar Factory scheme in Old Street. The developer has bought Aldgate Union on Whitechapel High Street from the Royal Bank of [...]
