British food that’s on the right track July 4, 2011 The Gilbert Scott St Pancras Renaissance Hotel, Euston Road, NW1 2AR thegilbertscott.co.uk FOOD *** SERVICE *** ATMOSPHERE **** Cost per person without wine: £35 AS locations go, you can’t really beat it. St Pancras Station is of the most iconic buildings of the Victorian industrial age, designed by Sir George Gilbert Scott in 1868 with [...]
THE RISE OF ST PANCRAS: WHERE TO EAT AND DRINK July 4, 2011 GILBERT SCOTT BAR London’s rise as a cocktail destination is everywhere apparent: and no more so than in the opening of brilliant restaurant bars that are destinations in themselves. The Gilbert Scott has one of these: it’s airy and antique, with buttery popcorn served in pewter chalices as a free snack, and cocktails from ages [...]
FOOD & BOOZE NEWS July 4, 2011 EXQUISITE CHAMPAGNE FEAST AT THE LANGHAM HOTEL: TONIGHT What are you doing ce soir? If you’ve got a bit of cash burning a hole in your pocket and you consider yourself a foodie (who likes champagne), you should be at the Langham Hotel’s “Evening with Roux” dinner at its fine dining restaurant, the Landau. Michel Roux [...]
Families just £1 richer than in 2004 July 3, 2011 THE average family’s real weekly income rose by just £1 in Labour’s final term in office, a Westminster think tank will reveal this morning. The average household’s weekly income measured £682 in 2004-05 and just £683 in 2009-10, in numbers adjusted for inflation. Although the figures for 2009-10 are the latest available, the situation will [...]
Jobs boom in financial sector: CBI July 3, 2011 HIRING in financial services hit its highest level since the credit crunch in the three months to June, a survey from the Confederation of British Industry (CBI) will show today. “Similar growth is predicted for the coming three months,” the CBI said in its latest financial services survey, compiled with PwC. Income from interest, investment [...]
Price war sees petrol tumble July 3, 2011 PETROL prices fell by over two pence per litre last week, according to data seen by City A.M. A combination of supermarket price wars and a sharp fall in the global price of oil saw the average price of unleaded drop from over 136p per litre to 133.82p. Diesel declined from almost 140p per litre [...]
Optimistic? Pessimistic? You choose July 3, 2011 BRITAIN is in a strange place. The economy is simultaneously making progress while also disappointing. Yet the fact that the recovery is proving to be such a mixed bag is hardly a surprise given the massive size of the bubble that is still deflating today. At the height of the craziness in 2006-07, domestic demand [...]
RWE eyes sale of Npower July 3, 2011 GERMAN utility giant RWE is said to be considering the sale of its UK business Npower for £5bn as it struggles to pay down debts. The owner of Npower, one of Britain’s biggest electricity suppliers, has hired Goldman Sachs to review the company’s prospects, it is understood. Iberdrola, the Spanish owner of Scottish Power, is [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 3, 2011 FINANCIAL TIMES JLR IN 50 PER CENT BOOST TO SPENDING Jaguar Land Rover is to boost its spending on products by 50 per cent from about £1bn to £1.5bn as the UK’s largest premium carmaker prepares to launch the most important vehicle since Tata Motors bought the group from Ford Motor three years ago. CHI-X [...]
Hands looks for new investors July 3, 2011 Guy Hands’ private equity firm Terra Firma is drumming up interest in its next fund, which aims to raise up to £2.5bn. The fund, Terra Firma Capital Partners IV, will be around half the size of its previous one and will not be formally marketed until the start of 2012. Terra Firma will focus on [...]