Eat and London Luton airport owner Ardian Private Equity closes the largest ever European infrastructure fund worth €2.65bn January 11, 2016 Ardian, the French private equity house whose investments include restaurant chain Eat and London Luton airport, has closed its infrastructure fund with €2.65bn (£1.98bn) of investment. It is Ardian's fourth infrastructure fund, and is the largest such fund raised by a European firm, surpassing Ardian's third fund by 50 per cent. Some €900m came from new [...]
Facebook Messenger app passes 800m users and David Marcus predicts decline of SMS and text messaging January 7, 2016 Facebook is predicting the decline of SMS in 2016 as it revealed its Messenger app has passed the 800m user milestone. David Marcus, the vice president of Facebook messaging products said there is still "much more opportunity ahead" and the app, which launched in March 2014, was still in its early days. The figures mean Messenger [...]
Sainsbury’s should focus on its core offer January 6, 2016 Sainsbury's and Home Retail Group do not at first glance appear obvious bedfellows. If perceptions count for anything, and they do in retail, then Sainsbury’s is very much a supermarket that attempts to cater for the British middle class. Home Retail Group’s Argos doesn’t. But for both the high street and supermarkets, these are desperate [...]
2015 in review: The best crowdfunded projects, gadgets, investments and companies of the year include beer, burritos, gifs and Greece December 31, 2015 2015 was the year that crowdfunding really took off. Whether it was serious equity funding for a slice of the business or a kickstarter for the latest gadget giving people a reward in return, there were plenty of options. Here, we’ve rounded up some of our favourites this year, including beer, burritos, gifs and more. 1. The [...]
M&G Real Estate buys Bloomberg’s new European headquarters in the City for £93m December 17, 2015 M&G Real Estate has bought Bloomberg’s new European headquarters near Mansion House in the City, in a £92.5m deal. The fund manager said it has bought the freehold ground lease of Bloomberg Place from Legal & General Property, which put the site up for sale two months ago after more than 60 years of ownership. The vast 750,000 square feet [...]
Crowdcube and Deliveroo join Tech City UK’s rising stars in the Future Fifty programme December 16, 2015 London-based restaurant delivery app Deliveroo is among the 15 new entrants to the Tech City UK Future Fifty programme. The Future Fifty, part of UK Trade and Investment, celebrates, and supports, 50 of the UK's rising tech stars, and this year's entrants are a testament to the growing force of e-commerce. Also joining Deliveroo on [...]
Piquet restaurant in Fitzrovia is a former car-park that now serves snails to die for December 15, 2015 92-94 Newman Street, W1, piquet-restaurant.co.uk FOOD ★★★★☆ | VALUE ★★★★ | ATMOSPHERE ★★★☆☆ Cost for two with booze: £140 The part of Fitzrovia surrounding Piquet isn’t what you’d call atmospheric. At least not in a good way. To the north block after block of faceless office buildings recede into the distance; to the south lies the grubbier [...]
London’s Garden Bridge across the Thames and why it’s essential for the capital December 15, 2015 London’s success has never come from resting on its laurels. It is a city built on continuous architectural innovation, from The London Eye through to The Gherkin and on to the Shard, London’s prowess is incontestable. This continued commitment and investment in iconic architecture has played a vital role in driving talent, trade and tourism [...]
Skiing in Val d’Isere: How to look good on the slopes next to former Olympian Alain Baxter December 14, 2015 Everyone wants to look good when they’re skiing. From Armani-clad oligarchs lounging on the mountain restaurant terraces to the teenagers with GoPro cameras and a selfie stick, the goal is to look like you know what you’re doing. One way to achieve this appearance is to don a lycra ski-racing suit and a numbered racing [...]
Focus On London Bridge: Why house prices are on the rise next to The Shard December 11, 2015 Children in nursery may sing about London Bridge falling down, but in property circles, it’s building up and the sky’s the limit. The area first became a part of London’s fabric due to its famously crumbly bridge, which was built by the Romans and was the first to cross the Thames. It was originally made [...]