CELLULITE-BUSTERS: WE REVIEW TWO July 12, 2010 CELLUTOX AROMA SPA OCEAN WRAP After booking a last minute summer break, I had one week to get myself bikini-ready. Although I upped my gym-going, I quickly realised that nature would need a hand. A buff, a scrub and a seaweed wrap were called for, so the Cellutox sounded fantastic. After the buffing, a delicious [...]
A superb Ambassadeur’s reception July 12, 2010 The Milroy 5 Hamilton Place, W1J 7ED, Tel: 020 7317 6108 Cost per person without wine: £40 THOSE accustomed to the opulence of Les Ambassadeurs, the exclusive London casino, may not be blown away by the Milroy, its in-house restaurant. But now that it has opened to the public for lunch, those of us for [...]
TASTING NOTES July 12, 2010 IN his current book describing London’s early Victorian gambling scene, Gentlemen & Blackguards, author Nicholas Foulkes points out that Crockford’s, then the most famous and exclusive gaming club in town, was as known for its fine food as it was for relieving aristos or their fortunes. As with The Milroy (see above), that’s still the [...]
FOOD & BOOZE NEWS July 12, 2010 LARDER OF LONDON REOPENS For a foodie city, one thing London is shamefully short of is quality food markets. Anyone who’s had enough of fighting their way through the Borough Market hoards can now instead fight their way through the West End hoards each Saturday at the newly-launched Foodlovers Market in Soho, once reputed as [...]
Cable: We won’t stop bid for BP July 12, 2010 THE UK government can do very little to stop a takeover of BP, business secretary Vince Cable told City A.M. yesterday, as suggestions of a large scale approach for the embattled oil major intensified. Cable said that under the Enterprise Act of 2002, the UK government only had a narrow window to intervene and that [...]
Germany’s bonds in EU stress tests July 11, 2010 THE most dramatic stress scenario for tests being applied to European banks envisages write-downs of 2.3 per cent on German government bonds, 20 per cent on Greek sovereign debt and between five and 11 per cent apiece in the case of other periphery Eurozone countries such as Portugal and Italy, reports suggested yesterday. The “shock” [...]
Ocado hits back at critics July 11, 2010 OCADO’S advisers reacted furiously last night to suggestions its £1bn flotation may be in trouble. The firm spoke out against a number of high-profile fund managers it claims are attempting to undermine the pricing of its IPO. The float, in which the grocery delivery firm hopes to raise £200m, appears to be on a knife [...]
High electricity prices to hurt growth July 11, 2010 HERE is another reason why the recovery will be muted. Gas and electricity costs will rise substantially in the years ahead and are set to hammer not only consumers but also manufacturers, further eroding their competitiveness and that of Britain as a place to do business. It is not market forces that will push up [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 11, 2010 FINANCIAL TIMES CHINA BANKS FEAR FALLING CONFIDENCE Faltering confidence in the Chinese economy could threaten the plans of the country’s banks to shore up capital reserves, the head of China Construction Bank, has warned. On top of the projected $22bn initial public offering of Agriculture Bank of China, announced last week, CCB and Industrial and [...]
Kleinwort case is settled July 11, 2010 A legal battle between Commerzbank and a former Kleinwort investment banker over the use of the Kleinwort name has been settled. According to a Financial Times report, Commerzbank – which sold Kleinwort Benson in June – issued a High Court lawsuit against former Kleinwort banker Robert Pasley-Tyler, claiming he had infringed the Kleinwort name. Kleinwort [...]