Italian food like mama used to do November 30, 2009 Babbo39 Albemarle Street, W1S 4JQCost per person without wine: £50 THERE’S something pleasingly old-fashioned about the latest addition to Mayfair’s culinary family. With its sparkling chandeliers, framed black and white photos of rustic Italian scenes, smartly-attired waiters and cosy ambience, Babbo is clearly not a restaurant where rulebooks are being rewritten. In fact, it feels [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 29, 2009 THE SUNDAYSThe Sunday TelegraphRATE HIKE THREATENS EXISTENCE OF RURAL PETROL STATIONSHundreds of rural petrol stations face closure if an “outrageous” increase in business rates is pushed through next April, forecourt owners have warned. Owners of the UK’s 6,000 independent petrol stations will this week launch a major MP-backed campaign to urge a government body to [...]
Spending down for Xmas November 29, 2009 SPENDING was down over the Black Friday weekend in the US, data out yesterday showed, although more people turned out to peruse the shops than last year. In the post-Thanksgiving period, which traditionally kicks off the holiday shopping rush, average spending was down 7.9 per cent a person as shoppers reined in their spending and [...]
Dubai reminds traders that stocks are on fragile ground November 29, 2009 DUBAI’S inability to meet its debt payments rattled stock markets across the world last week as the shock announcement sparked new worries about the health of the global economy and governments’ abilities to service their debt. The FTSE 100 index dropped 171 points on Thursday before regaining some of its losses in Friday’s trading. Financial [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 26, 2009 FINANCIAL TIMES US RETAILERS TURN TO SOCIAL MEDIA ON “BLACK FRIDAY”US retailers will on Friday unleash a traditional barrage of post-Thanksgiving holiday shopping promotions, with the National Retail Federation expecting 134m Americans to head for the stores. This year however, the retailers have reinforced their traditional efforts with a new array of social-networking weapons including [...]
An East End gastropub on the up November 23, 2009 The Princess of Shoreditch76 Paul Street EC2A 4NE,Tel: 020 7729 9270Cost per person without wine: £34 THE NEWLY revamped Princess of Shoreditch describes itself as a “gastropub and restaurant”, which might be seen as having your cake and eating it, but the owners have grand ideas. In the bar downstairs you can get souped-up pub [...]
The future of trading is here, and it’s mobile November 1, 2009 IT’S 8AM and I’m standing on a busy train on my way to work with my eyes glued to my phone, unable to drag my attention away from the flickering numbers and charts. The London markets have just opened and the screen has suddenly burst in to life. I had placed a few trades ahead [...]
FTSEgiven boost by strong gains in energy and mining October 19, 2009 Britain’s top shares added 1.8 per cent yesterday, lifted by gains in miners and energy issues as commodity prices rose on an improved demand outlook and investors looked towards further earnings news from the United States. The FTSE 100 ended 91.30 points higher at 5,281.54, a new peak for 2009 on the 22nd anniversary of [...]
The 10,000 mark means it’s time to short the Dow October 18, 2009 EQUITY bulls must have felt rather smug last week when the Dow Jones Industrial Average (DJIA) broke through 10,000 on the back of bumper profits from investment banks JPMorgan and Goldman Sachs. Good results from Google, Intel and IBM also added to the market optimism that has been fuelling the index’s meteoric rise. The third [...]
Ton-up Shane is the Aussie hero again October 5, 2009 SHANE WATSON smashed a second successive unbeaten century to help Australia retain the Champions Trophy with a six-wicket victory over New Zealand in Pretoria last night. Fresh from his brilliant 136no in the semi-final against England on Friday, the Aussie all-rounder was the hero again, smashing a masterful 105no in response to the Black Caps’ [...]