UK unemployment figures set to be in the spotlight – London Report November 8, 2015 Following the US jobs report on Friday, UK investors will focus on Wednesday’s release of the September employment report and October’s tally for the claimant count. They will be published alongside a raft of secondtier indicators on retail sales and house prices. Today, funeral operator Dignity is expected to reveal a jump in revenues when [...]
How you build well-being into an office: Thinking beyond design makes economic sense for businesses November 6, 2015 Simon Stevens, chief executive of NHS England, recently launched an initiative to improve health and well-being among NHS employees – designed to tackle the £2.4bn annual cost of sickness absences among its 1.3m staff in England. Stevens’s plans include giving staff access to Zumba classes, promoting cycling to work, and efforts to improve workers’ stress [...]
Electra chairman Roger Yates resigns as Sherborne’s activist investor Edward Bramson voted onto the board by shareholders November 5, 2015 Sherborne's Edward Bramson has finally succeeded in his mission to join the board of private equity group Electra, after 53.5 per cent of shareholders voted in favour of his appointment as a director, 16.6m to 14.4m against. Chairman Roger Yates resigned from the from the board with immediate effect after the meeting. Sherborne's first move is to introduce "a strategic [...]
London house prices: Peckham pre-fab shack auctioned for almost £1m November 4, 2015 More London house price madness: a tiny pre-fab bungalow on a street corner in Peckham has sold for just under £1m. The tumble-down bungalow, on the corner of Costa Street and McDermott Street, close to Peckham Rye Common, went under the hammer with a guide price of £590,000 – but sold for £950,000, at an auction on [...]
Hoppers, Gymkhana’s casual sibling, lives up to the family name November 4, 2015 Sometimes I want to sit down in a restaurant, eat and be gone. Sometimes I want to move in, stay for a while, invite friends, meet the restaurant’s parents, marry the place and have a baby. If I were to marry a restaurant, though, a more sensible betrothal would be to one of Hoppers’ siblings [...]
Just Eat share price drops eight per cent despite orders up 64 per cent November 3, 2015 Online home delivery marketplace JUST EAT failed to deliver for investors despite offering them a tasty 64 per cent increase in orders in its third quarter trading update. Shares closed down 1.63 cent, at 433.7p, having dropped as low as 408.2p, during trading. [stockChart code="JE." date="2015-11-03 17:00"] The company reported that the poor summer weather [...]
Leon founder Henry Dimbleby launches £3.5m crowdfunding bid to create “world-class street food market” in London backed by Nigella Lawson and Jamie Oliver October 29, 2015 Could London be getting a world-class street food market? Henry Dimbleby, founder of natural fast-food restaurants Leon, and Street Feast’s Jonathan Downey are betting on it. Through London Union, Street Feast’s parent company, the pair is launching a crowdfunding bid hoping to raise £3.5m – enough money to create not just 12 local markets, but [...]
Restaurant review: There’s more to Palm Court than afternoon tea, thank god October 29, 2015 If I could click my fingers and banish one element of our national cuisine, it would be afternoon tea. It’s a dreary throwback to a time when we felt the need to ape our social betters, in this case by eating wildly overpriced cucumber sandwiches. Its emergence is often credited to Anna Maria Russell, the [...]
Celebrate Dom Perignon’s 2006 vintage champagne release by joining the City A.M. wine club and spending an evening tasting the stars October 28, 2015 This month Dom Perignon released its highly-anticipated 2006 vintage. For £455 per case of six in bond, you can enjoy a bottle so good it’s already received 97 points from leading Champagne critic Richard Juhlin. This acclaim puts it on a par with the legendary ‘64, ‘61 and ’49 vintages, and surpasses even the ’96, [...]
Burrito restaurant Chilango to raise £1m via crowdfunding platform CrowdCube October 26, 2015 Burrito restaurant Chilango has launched a new fundraising round on crowdfunding platform CrowdCube after tapping retail investors for £2m last year. The Mexican food chain said it aims raise £1m from potential investors in return for a 3.26 per cent stake in the business. Shareholders can put as little as £10 compared with last year’s mini-bond, where investors [...]