Headhunting startup YapJobs secures £1m in seed funding for expansion across London April 6, 2016 A headhunting startup has raised £1m in seed funding as it prepares to rollout its technology across London. YapJobs, which launched in November last year, focuses on connecting people with jobs in the hospitality and service sectors. Read more: These are the hottest 50 fintech companies (and half are from London The firm said it [...]
Restaurant review of Jason Atherton’s Sosharu and Soho’s Oliver Maki, London’s newest Japanese upstarts April 5, 2016 Oliver Maki 33 Dean St, W1D 4PWS | Tel: 020 7734 0408 Food ★★★☆☆ Value ★★★☆☆ Atmostphere ★★☆☆☆ Cost for two with beer and cocktails: £170 There’s no easy way to make a million in the restaurant business. It’s a Sisyphean struggle, an endless, mostly thankless, battle against astonishing odds. Every year is the year it could all come [...]
Developers behind 22 Bishopsgate skyscraper win “rights to light” battle April 5, 2016 The developers behind City skyscraper 22 Bishopsgate have won a controversial battle with neighbouring landlords over the scheme blocking their "rights to light" after City planners used special powers to override opposition. Members of the City of London Corporation Planning & Transportation committee this morning voted overwhelmingly in favour of temporarily acquiring the site under a Section 237 agreement, so [...]
Last minute ski bargains can be had if you shop around in Westendorf, Austria April 4, 2016 Eevery dedicated skier fantasises about buying a property in the mountains. With interest rates on euro mortgages at record lows and sterling strong against the euro, now may be the time to take the plunge. For many Brits, France is the obvious choice, given the cheap flights and easy access via the Eurostar. Some ski [...]
Qatari Diar unveils plans to turn US embassy in Mayfair into luxury hotel April 4, 2016 The Qatari owners of the US Embassy in London’s Grosvenor Square have unveiled plans to turn the Grade II-listed landmark into a five star hotel as the US government prepares for its move to Nine Elms next year. Qatari Diar, a subsidiary of sovereign wealth fund the Qatar Investment Authority, will launch a public exhibition next Monday before submitting plans to Westminster [...]
Here’s how we’re spending with contactless since the limit went up to £30 April 4, 2016 Millions of pounds have been spent by people simply swiping a card or mobile device after an increase to the limit on how much people can spend using contactless pay. There have been 36m cashless transactions worth nearly £900m since the limit went up from £20 to £30 in September last year. Transactions between £20 and £30 have grown at a rate of [...]
April Fools Day 2016: From breast milk protein to McDonald’s landing on the moon, here are the best, worst, laziest and weirdest fake tech stories April 1, 2016 When in comes to April 1st, Britain's press officers like to break the boundaries of physics. City A.M. has been drowning in scientific discoveries, technology advancements and new product launches ahead of April Fools, but did any of them catch you out? Food for thought Upmarket takeaway group Deliveroo has pledged to make eating a burrito even easier, as [...]
Brockton Capital buys into Shoreditch Village scheme April 1, 2016 Two families regenerating a derelict site in London's trendy Shoreditch area have brought new investors on board after selling part of the scheme to Brockton Capital. The run-down site between Shoreditch High Street and Great Eastern Street was originally a Victorian timber yard and has been privately-owned by the Hall and White families for over 40 years. The proposed scheme, [...]
Tesco prepares to sell off restaurant chain Giraffe March 31, 2016 Tesco is preparing for another disposal and sounding out potential buyers for restaurant business Giraffe. The supermarket bought the chain in 2013 for £49m, with plans to open Giraffe branches beside its stores. At the time, Tesco said the deal was an "opportunity to develop some of the space in our larger stores to create retail destinations [...]
World’s wealthiest sportsmen: David Beckham and Michael Jordan top rich list for retired athletes March 31, 2016 Michael Jordan and David Beckham are living proof that there's plenty of life left to be lived after retirement. Despite earning unprecedented riches in their chosen field (or court) of dominance, both men are making more money now they've traded trainers and trackies for a suit and tie. Basketball icon Jordan has topped a Forbes list of [...]