Deliveroo co-founder Will Shu talks buffalo wings, concerned ex-colleagues and hedging bankers February 22, 2016 By the time Will Shu, co-founder of Deliveroo, launched his company, he knew acutely what problem he was trying to solve. The former investment banker grew up in Connecticut, went to college in Chicago and then went straight to work for Morgan Stanley in New York. “This was 2001, and things were very different then. The [...]
Frenchie in Covent Garden and Native on Neal’s Yard are both fantastic February 16, 2016 NATIVE Neal's Yard, Covent Garden Tel: 0203 638 8214 FOOD ★★★★☆ | VALUE ★★★★★ | ATMOSPHERE ★★★☆☆ Cost for two with two rounds of beer: £50 – – – – – – – – – – – FRENCHIE 16 Henrietta St, Covent Garden Tel: 0207 836 4422 FOOD ★★★★★ | VALUE ★★★☆☆ | ATMOSPHERE ★★★☆☆ Cost [...]
Hungry suitors circle Pizza Hut as owners put the restaurant chain up for sale February 14, 2016 The Private equity owner of Pizza Hut has put the restaurant chain up for sale after hiring advisers at PwC to find a buyer. Rutland Partners bought Pizza Hut’s UK franchise business from US firm Yum! brands in 2012 and set out on a £60m revamp of its 285-plus outlets to boost trading. Efforts have [...]
Win a unique trip to the magical Fonterutoli Estate in Tuscany February 12, 2016 Chianti produces wines of global acclaim and has firmly earned its place amongst the greatest wine regions of the world. Alongside the new release of Siepi 2013, in association with wine travel company Winerist, the City A.M. Wine Club is excited to announce a new competition. One lucky winner will win a unique trip to [...]
Tayyabs can now be brought right to your door as Take Eat Easy joins London’s restaurant delivery trend after raising £12m in investment February 11, 2016 Belgium’s Take Eat Easy has expanded into London after raising £12m in funding. The Brussels-based start-up offers a high end food delivery service, where users can order directly from popular restaurants which do not normally offer a takeaway service. The food is then delivered straight to their door via courier. Investors include Germany’s Rocket Internet, DN [...]
Greene King’s share prices bubbles up on sales rise after it shots a Spirit February 10, 2016 Greene King, the FTSE 250 listed pub operator and brewer, has served up a rise in sales for the nine months to 7 February as pub goers continue to dine out while having a pint. The brewer, having gobbled up rival operator Spirit last year for £774m, said that Christmas sales had been particularly strong, [...]
Online security risks: Here are three you’re probably taking February 10, 2016 Despite the ongoing business focus on investing in strong cyber security, one of the greatest causes of data breaches is often ignored – employees themselves. According to a 2014 report by IBM, 95 per cent of IT security breaches are caused by human error. There is a lot to be learnt about security, and it’s [...]
New homes at Canary Wharf Group and Qatari Diar’s Southbank Place unveiled February 10, 2016 The next phase of homes at Canary Wharf Group and Qatari Diar’s Shell Centre scheme on the South Bank has been unveiled today. The developers behind the 5.25-acre riverside site have put 164 homes at Casson Square on the market, with prices range from £650,000 for a studio and £3.6m for a three-bedroom flat. The apartments are split [...]
Brave or foolhardy? US Foods shrugs off market turmoil to file for IPO February 9, 2016 US Foods, the US' second-largest food distributor, has just filed for a $100m (£69.1m) initial public offering (IPO) – despite two days of turbulent global trading. In a filing with the US Securities and Exchange Commission (SEC) today, US Foods said it will float on the New York Stock Exchange under the ticker symbol "USFD". The company [...]
London house prices: Single Chinese investor buys entire £15m Waterloo scheme February 9, 2016 Proof, if proof were needed, that London is still hugely attractive for overseas investors – but increasingly unaffordable to the people who actually live in the capital: a single Chinese investor has bought out an entire development in Waterloo for £15m. Dover House, which recently completed construction, is made up of nine luxury apartments and retail space. [...]