Davos Diary: Day 5 January 24, 2020 So here I am, on the final day of the 2020 World Economic Forum. It seems a lifetime ago that I woke up early on Monday morning, the Alpine air fresh in my nostrils and excited for the week ahead. Since then, it’s been a whirlwind of heavyweights, celebrities, insights and networks: Thunberg, Trump, Charles, [...]
More than 280 jobs lost as Handmade Burger Co. collapses January 23, 2020 Casual dining chain Handmade Burger Co. collapsed into administration for the second time today, making more than 280 workers redundant. Leonard Curtis was appointed as administrator of The Burger Chain Limited this morning, after attempts to secure a sale of the business were unsuccessful. All 18 restaurants have closed, with the loss of 283 jobs, [...]
Uber sells Indian food delivery business to Zomato January 21, 2020 Uber today said it has sold its food delivery business in India to local rival Zomato in an all-share deal worth a reported $350m (£268m). The deal gives Uber a 10 per cent stake in Zomato, which is backed by Ant Financial, a fintech affiliate of Chinese conglomerate Alibaba. The companies did not disclose the [...]
Mobile shopping startup Rezolve shuns security fears with planned Huawei tie-up January 20, 2020 Mobile shopping firm Rezolve is set to bag a bumper deal with Huawei to embed its technology into the controversial Chinese tech giant’s phones. The new capability is expected to be available from March, when Rezolve will reveal further tie-ups with retailers, restaurants and media partners. The technology allows consumers to make purchases by using [...]
Spilling the beans: How coffee chain Grind has carved out its own London niche January 20, 2020 Given how busy life in the capital can get, and how hard the people here work, most Londoners must live on coffee. It’s the only plausible explanation for the explosion in coffee shops in recent years. Independent coffee houses are thriving alongside the big brands like Costa and Pret a Manger. According to research by [...]
Moving Mountains: How the biggest Alpine construction project in 20 years has transformed Val d’Isere January 17, 2020 The venue is Cocorico, a packed Val d’Isere après ski bar where the music is pumping. BBC Ski Sunday presenter and five times Olympic skier Graham Bell is regaling us of the time he broke the Guinness World Record for the fastest towed speed on skis. Dragged by a Jaguar XF Sportbrake in Sweden, he [...]
We should support Taiwan to the hilt January 17, 2020 Some years ago I did some work that brought me into contact with Taiwan and, more importantly, a small but powerful group of figures in Westminster who had long seen the moral and strategic case for being on the side of Taipei’s government. As a consequence of this fleeting association, I saw firsthand the way [...]
Ostrich shops need to stop blaming the high street and step up January 16, 2020 Stories of failing retailers seem to be as regularly in the news as Brexit or Harry and Meghan. And when we read about them, it’s usually accompanied by lamentation that the state of the high street is to blame. Just this week, City A.M. reported that department store Beales is facing collapse. Its chief executive [...]
Aviva Investors buys Docklands hotel site for £106m January 15, 2020 Aviva Investors’ Lime Property Fund has bought a £106m hotel development site near Canary Wharf. The asset management arm of Aviva has acquired the freehold interest in the site next to Westferry DLR station, where developer Rockwell will build a 30-storey Premier Inn Hotel. Read more: London luxury hotel market booms Whitbread, the owner of [...]
History, views of Nelson and a speakeasy: Inside the new Great Scotland Yard Hotel January 10, 2020 To kick off the new year, a visit to the new Great Scotland Yard Hotel in Whitehall is a great way to see some of the emerging trends in the London design and going out scenes. It is the latest in a series of renovations of civic buildings (police stations, town halls, courthouses) into hotels, [...]