All souped up in Soho: yet another super-cool food bar enters the fray October 24, 2011 DUCK SOUP 41 Dean Street, Soho, W1D 4PY www.ducksoupsoho.co.uk FOOD *** SERVICE *** ATMOSPHERE **** Cost per person without wine: £30 IT’s all part of the Soho experience – the perch at the bar, the swiveling stool, getting up close and personal with the waitress pushing past you. Duck Soup, which is staffed by alumni [...]
Amarone: the super-charged Valpolicella October 24, 2011 HEAD SOMMELIER AND MANAGER OF LUTYENS RESTAURANT IN the North of Italy in the Veneto, there’s a wine called Valpolicella. Perhaps you know it as a light, cheerful, quaffing sort of wine with some bright cherry fruit – something to drink on holiday but nothing, frankly, to write home about. In fact, like many famous [...]
Row engulfs crunch EU summit October 24, 2011 CRACKS appeared in Europe’s show of solidarity yesterday as politicians descended into bickering and again pushed back the deadline for presenting a rescue plan for the euro. Prior to a stark warning from Prime Minister David Cameron that the crisis is having a “chilling effect” on growth, French president Nicolas Sarkozy reportedly lost his cool [...]
Cameron in promise to defend UK October 24, 2011 PRIME Minister David Cameron last night attempted to deflect attention away from a massive rebellion of Eurosceptic Tory MPs by pledging to defend the interests of EU member states that remain outside the Eurozone. Further fiscal integration in the Eurozone – seen as one solution to the single currency area’s debt crisis – is supported [...]
US rating may be cut again October 24, 2011 THE United States will likely suffer the loss of its triple-A credit rating from another major rating agency by the end of this year due to concerns over the deficit, Bank of America Merrill Lynch forecasts. The trigger would be a likely failure by Congress to agree on a credible long-term plan to cut the [...]
Cameron gets it wrong over EU mess October 24, 2011 IT is a messy, angry and confusing picture. But some elements of the long-awaited deal to “rescue” the Eurozone are beginning to emerge. Banks will have to raise over €100bn in capital; France’s proposal to boost the firepower of the bailout fund by turning it into a bank and letting it borrow from the European [...]
Libya declared liberated October 24, 2011 JUBILANT Libyans celebrated yesterday as politicians declared the country “liberated” after 42 years of rule by Colonel Muammar Gaddafi. At a huge rally in Benghazi, where the uprising began eight months ago, Abdel Hafiz Ghoga, the National Transitional Council’s vice chairman said: “Declaration of Liberation. Raise your head high. You are a free Libyan.” Meanwhile [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 24, 2011 FINANCIAL TIMES ABN AMRO SEEKS NEW LIFE AS GLOBAL FORCE ABN Amro, the Dutch bank that has seen two of its three post-crisis owners collapse, is on a mission to re-emerge as a force in the sector and has promised to be a buyer of Eurozone financial assets that capital-stretched banks are preparing to sell. [...]
Turkish earthquake toll mounts October 24, 2011 As many as 1,000 people were feared killed yesterday when a powerful earthquake hit southeast Turkey, destroying dozens of buildings and trapping some victims alive under rubble. As night fell, survivors and emergency workers battled to pull people out of the debris in the city of Van and town of Ercis, where a student dormitory [...]
Euro crisis immense: Broadbent October 24, 2011 The scale of the deepening financial crisis in the Eurozone is so great that policy can not protect Britain from it, according to MPC member Ben Broadbent. Banking policy would work “only to some extent” as the scale of some problems were such that “one cannot offset them”, he told the Financial Times. The former [...]
