Just-Eat float will have no retail component March 17, 2014 City AM has learned that the float of fast food website Just-Eat will have no retail component. Retail investors will be able to go through brokers who've put in an institutional bid, but there'll be no direct access to the initial public offering (IPO). This mirrors Poundland's recent IPO, which also lacked a retail component. [...]
Just-Eat set to become a public company March 17, 2014 Fast food site Just-Eat has confirmed its intention to float in London and hopes to raise as much as £100m from its primary offering. SM Trust, Index Ventures, Vitruvian Partners, Redpoint Ventures and Greylock Partners are expected to sell some their shareholding in the offer. Just-Eat, which was founded in Denmark in 2001 and operates [...]
What you need to know before the open March 17, 2014 Yesterday’s vote in Crimea – where the overwhelming majority of the population voted in favour of joining Russia – could see European markets open lower this morning. Asian markets were nervous during Monday trading too, with key indices closing lower. And, no doubt, the global focus will remain on the region throughout the week, as [...]
From fast food to fasting: Osborne’s austerity diet March 17, 2014 LAST year his Budget preparations included a calorie-stacked Byron burger, wolfed down with a side of chips. But Chancellor George Osborne is unlikely to be chomping on fast food as he prepares for Wednesday’s big speech. Proving he has a head for figures – not least his own – Osborne last month took up the [...]
Consolidate: Don’t let your Isas go to waste March 11, 2014 But be very careful to avoid committing the cardinal sin of losing the tax wrapper on your existing investment With the end of the tax year fast approaching (5 April), the clock is ticking to make the most of your full Isa allowance (currently £11,520, up to half of which can be held in cash). [...]
Fancy a brew? Annabel Palmer talks craft beer with Draft House’s Charlie McVeigh March 10, 2014 Draft House founder Charlie McVeigh talks about the perils of the hospitality industry, and how he’s taking advantage of Britain’s real ale renaissance A CRAFT beer revolution has taken hold in Britain. Consumption of independently-brewed beer rose by 22.3m pints to 415m pints in 2012, according to the Society of Independent Brewers. And figures suggest [...]
People too scared to save because they don’t trust politicians March 5, 2014 BRITAIN remains in a savings crisis. A shocking 19 per cent of the public have no savings at all, up from 17 per cent last year, and the average stash put away for a rainy day is a miserable £10,208. The total number of people who felt able to add to their savings actually dropped [...]
Baked spuds to baby eating: Odd analogies March 5, 2014 THERE must have been something in the air yesterday, not one but two business leaders made baffling analogies in their statements to the press. Perhaps it was an attempt to enamour us by beating tedium and referencing food but Admiral chief executive Henry Engelhardt described the insurance giant’s last 365 days as “the year of [...]
Celebrity chefs treat financiers at Carpenters’ Hall for FoodCycle February 27, 2014 DINERS from the likes of Rothschild Advisors, New Amsterdam Capital and Spayne Lindsay were in for a treat when they showed up at Carpenters’ Hall on London Wall last night, for the FoodCycle Mardi Gras Feast last night. A champagne reception with canapes by Salt Yard’s Ben Tish was followed by a rather special banquet. [...]
Just-Eat dials up bid to debut on growth market February 23, 2014 FAST food site Just-Eat is sharpening plans to list on the new high-growth segment (HGS) of London’s main stock market, making it the first company to join the fledgling platform if it pulls the trigger on the plans. The company’s backers are understood to be examining a proposal to offload just 10 per cent of [...]