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 [...]
Q and A: High growth segment February 23, 2014 Q What’s the High Growth Segment? A It’s an attempt by the London Stock Exchange to keep British technology firms in the country, rather than waving off the UK’s next answer to Google as it takes the well-trodden path to the Nasdaq or NYSE once it becomes big enough to list. Q What makes it [...]
What the other papers say this morning – 21 February 2014 February 20, 2014 FINANCIAL TIMES Business Wire halts high speed traders Business Wire, which has published corporate news releases in the US for the last half century, will stop selling direct feeds to high-speed traders, amid concerns that the practice gives the firms an unfair advantage over other investors. Warren Buffett, whose conglomerate Berkshire Hathaway owns Business Wire, [...]
Bottom Line: London just needs to wait a bit for lift-off February 18, 2014 ON ONE level and after a superficial look at developments, it might seem as if London is in danger of missing out on the impending flood of new issues that are about to hit the financial markets. Yesterday’s flurry of statements revealed that ISS, the giant services group, is floating in Copenhagen; King.com has chosen [...]