ING tackles Rugby with bid February 15, 2010 LISTED property fund Rugby Estates revealed a 7.5 per cent increase in the value of its portfolio yesterday as it upped the stakes in bid talks with a trust run by Dutch manager ING. Shares in Rugby rose 12.7 per cent to 55.5p after it announced a fresh external valuation rated its assets at £68.3m [...]
Missing the mark in museum land February 15, 2010 AUBREY, the restaurant of The Kensington Hotel, is named after Aubrey de Vere, who I’m sure you don’t need me to tell you was a middle-ranking medieval baron and chum of William the Conqueror. He netted himself the estate of Kensington after the Norman Conquest, according to the Domesday book. Back then, the estate was [...]
Vieira is back in the groove at City February 15, 2010 PATRICK VIEIRA insists he is revelling in the physical challenges of the Premier League since moving to Manchester City. The 33-year-old is re-adjusting to life back in England, five years after leaving Arsenal for the Italian Serie A. And he’s been thrown in the deep end with City preparing to face uncompromising Stoke City for [...]
THREE OTHER KENSINGTON RESTAURANTS February 15, 2010 BABYLON Sitting seven floors up atop the Kensington Roof Gardens, Babylon has some pretty splendid views out over West London – and indeed over the gardens’ flamingo pond – to distract you from its stonkingly expensive menu. There’s jazz on Thursday evenings. The Roof Gardens, 99 Kensington High Street, W8 5ED. www.roofgardens.virgin.com. CASA BRINDISA There’s [...]
Harris & Co opens up in Switzerland February 15, 2010 LAW firm D. Harris & Co has opened an office in Zurich to cater for the growing number of hedge funds setting up in Switzerland. In a sign of the growing popularity of the alpine region, the Baker Street-based company expects up to 30 per cent of its staff to relocate to its Swiss branch. [...]
FOOD & BOOZE NEWS February 15, 2010 RAMSAY REOPENS PETRUS Petrus, the Knightsbridge restaurant that under Marcus Wareing became the most prestigious venue in Gordon Ramsay’s empire after his own Hospital Road flagship, will re-open on 29 March. After Wareing and Ramsay’s public falling out last year, Wareing remained at the Berkeley hotel with his own eponymous restaurant, while Ramsay has moved [...]
Iceland gives new Icesave proposal to UK February 15, 2010 ICELAND yesterday presented Britain and the Netherlands with a new proposal for repaying more than £3.2bn lost in Icelandic bank accounts in a last-ditch attempt to resolve the lingering dispute. Iceland is trying to lure the British and Dutch governments back to the negotiating table on the “Icesave” problem, hoping to avoid a planned 6 [...]
FLYING HIGH February 15, 2010 VT GROUP yesterday won the contract to provide support to the Royal Air Force’s fleet of Tucano training aircraft. The in-service support contract is worth up to £35m for an initial period of four years, with two further one-year options. Work will begin this April. VT will guarantee the functioning of the Tucano fleet of [...]
SPORT | IN BRIEF February 15, 2010 Event boss cools Murray row TENNIS: Director of the Marseille Open, Jean-Francois Caujolle, has denied calling for Andy Murray to be suspended from the ATP Tour for pulling out of his event. Murray was due to be top seed in Marseille but withdrew this week through fatigue following his Australian Open exploits. Caujolle was quoted [...]
Pensions are two thirds bigger for men than women February 15, 2010 MEN’S pensions will be nearly two-thirds bigger than women’s among those planning to retire this year, research from Prudential has shown. Men who start drawing a pension during 2010 can expect an annual average income of £12,169 – while women will receive only £7,424. Pensions dropped for both men and women over the past year, [...]