Escape to Tea Country: With over 150 years of tea making heritage, Sri Lanka is a brew-lover’s paradise June 18, 2018 Sri Lanka, the teardrop shaped island in the Indian Ocean, is the size of Ireland, yet it’s home to an incredible diversity of wildlife. In the deep waters off the southern cape, blue whales, the largest animal on earth, come to breed. Herds of the largest land animal, the elephant, freely crisscross the island. Leopards [...]
Editor’s Notes: Without the UK, the EU can resume its march to ever closer union, Nex’s Michael Spencer backs British bubbly and Lady Wilson remembered June 15, 2018 Earlier this week I chaired a discussion at TheCityUK’s annual conference, where several people, including the lobby group’s chairman, John McFarlane, stressed the point that “there’s life beyond Brexit”. It can’t be said often enough, given how much of our national attention and energy has been sucked into the black hole of Brexit: the uncertainty, [...]
The Deliveroo vs Just Eat food fight has only just begun June 14, 2018 In the City, you never know when you might be someone else's breakfast. Firms are hungry for market share, and a competitive edge is the dish of choice. Just Eat's shares plunged yesterday after Deliveroo announced an expansion of its platform which saw it square up to the FTSE 100 giant. For the first time, [...]
Just Eat shares plunge as Deliveroo’s new feature bites June 13, 2018 Shares in Just Eat dropped more than seven per cent this morning after Deliveroo announced dramatic expansion plans and a new feature. Deliveroo anticipates that it will add 5,000 new restaurants to its platform with the 'Marketplace+' feature, which puts it in direct competition with Just Eat. Restaurants which handle their own delivery will now [...]
These are the 10 best co-working spaces in London June 8, 2018 It's no surprise that London offers a vast amount of co-working spaces. Co-working simply involves the shared use of an office or working environment by independent workers. This type of space can be ideal for freelancers, small enterprises and those just starting out. Studies show employees are more ambitious and productive when surrounded by other [...]
What is a CVA? Insolvency process used by House of Fraser, Carluccio’s, Mothercare and more June 7, 2018 What is a CVA? A company voluntary arrangement (CVA) is a type of insolvency process used to pay creditors over a fixed period. It means a company may not have to pay back all of its debts. Unlike going into administration, the company does not fall into the hands of a third party. Instead, an [...]
Barsham Barns review: These luxury cottages in North Norfolk raise the bar for self-catering getaways June 4, 2018 When it comes to travelling with my entourage of beautiful friends, I’m finished with hotels. I’m done with hanging around near a cheese plant in the lobby as the last stragglers check in. I’m tired of resorting to £6 cocktails in empty hotel bars, and of “let’s freshen up and meet downstairs in 15 minutes”. [...]
Property prices in Croydon, who is buy and more May 25, 2018 There was a time when Croydon was famous for three things; Kate Moss, trams and Mark and Jez’s dingy flat in Peep Show. Thankfully, its reputation – and its housing stock – have improved since then and it’s now notable for a whole host of other reasons. “In recent years, Croydon has seen a reversal [...]
Last Week in the City: England has an 8.5% chance of winning the World Cup May 18, 2018 Garry White, chief investment commentator, looks at the market-moving events that have shaped the UK equity markets this week (14 to 18 May 2018). UBS has used its City analysts’ predictive firepower to try and work out the winner of the upcoming World Cup in Russia – and England came surprisingly high in its league [...]
Gordon Ramsay turns red as tough market takes a bit out of restaurant empire May 17, 2018 Gordon Ramsay’s restaurant empire has become the latest victim of a turbulent market, swinging to a multi-million pound loss last year. The celebrity chef’s network of high-end restaurants, including City favourite Bread Street Kitchen and three Michelin-starred Restaurant Gordon Ramsay, reported a pre-tax loss of £3.8m in the year to August 2017. The previous year [...]