Korean state-owned bank reportedly in £182m offer for One Poultry September 16, 2018 State-owned Industrial Bank of Korea (IBK) has reportedly offered £182m to buy One Poultry, the landmark office building close to the Bank of England. IBK is working with Hana Financial Group, a large Korean asset manager, on the bid, according to the Financial Times. The controversial building, which was voted by Time Out magazine readers [...]
Editor’s notes: A Cornish hero on 9/11, vegans up the creek with no Padella, and policy is for the many, not the pew September 14, 2018 Everyone remembers where they were when they heard about the 9/11 attacks. For many City workers, the event remains a trauma. Michael Spencer, who had hundreds of staff in the World Trade Center, still turns pale when recalling how he sat in London, watching the news footage, trying to get through on the phones. Remarkably, [...]
Editor’s notes: A Cornish hero on 9/11, vegans up the creek with no Padella, and policy is for the many, not the pew September 14, 2018 Everyone remembers where they were when they heard about the 9/11 attacks. For many City workers, the event remains a trauma. Michael Spencer, who had hundreds of staff in the World Trade Center, still turns pale when recalling how he sat in London, watching the news footage, trying to get through on the phones. Remarkably, [...]
Not what the customer ordered: Chinese hotpot chain suffers crash in stocks after rodent is found in soup September 13, 2018 For many restaurant owners there is nothing worse than a bad food review. Yet one Chinese hotpot outlet is proving that the consequences of a bad dish can be much more severe, after a dead rat in a pregnant customer’s soup has wiped $190m (£145m) off of the chain’s market value. Stock in China’s fast food [...]
Not what the customer ordered: Chinese hotpot chain suffers crash in stocks after rodent is found in soup September 13, 2018 For many restaurant owners there is nothing worse than a bad food review. Yet one Chinese hotpot outlet is proving that the consequences of a bad dish can be much more severe, after a dead rat in a pregnant customer’s soup has wiped $190m (£145m) off of the chain’s market value. Stock in China’s fast food [...]
Weekly Grill: Nathan Outlaw on baking ‘dead fly biscuits’ as a child and falling in love with mackerel September 12, 2018 WHO ARE YOU? I’m Nathan Outlaw, dad, chef, restaurateur, writer of cookbooks and aspiring Jedi! Mostly, I cook seafood. I have a restaurant in Dubai and three in the UK including Outlaw’s at The Capital in London. I also write cook books. And I post lots of pictures on Instagram. WHAT'S NEW? Exciting things are [...]
The economic answer behind superstar salaries September 12, 2018 Rugby Union’s Premiership season is underway again. This is yet another professional sport which operates on the principles of socialism: the money all ends up in the pockets of what we might call the “workers”. In a sport which was allegedly only played by amateurs until the mid-1990s, earnings have boomed. The average salary in the [...]
Jamie Oliver joins up with Tesco with new healthy recipe remit September 10, 2018 Chef Jamie Oliver has entered into a partnership with supermarket giant Tesco, seven years after leaving an 11-year advertising gig with rival Sainsbury's that saw him earn over £10m. The chef and best-selling author, whose fee has not been disclosed, is producing recipes and healthy eating tips for Tesco, aiming to “change eating habits”. “I’m [...]
That’s a wrap! Tortilla’s boss, Richard Morris, talks about the business of burritos September 10, 2018 London's food scene attracts all sorts. Whatever you desire, it’s not hard to find someone who’s cooking it, fusing it with other cuisines, or serving it alongside an artisanal craft beer. From pop-ups and market stalls, to Michelin-star restaurants, the capital is a hotbed of culinary creation. One such company is Mexican-food-maker Tortilla. 2018 marks [...]
Holiday Homes: Morocco is re-fashioning itself into a hotspot for the international polo crowd with houses to match September 7, 2018 In pride of place on the wall of the Jnan Amar Polo Club in Marrakech is a picture of Sir Richard Branson. Taken in 2014, it shows the grinning Virgin mogul at the first British Polo Day, held at these Moroccan grounds for the first time and contributing a tidy donation to the Eve Foundation, [...]