August 2015 TfL Tube strike update: Action could cost London retailers and restaurants millions as footfall tipped to fall 10 per cent August 5, 2015 Shops, restaurants and bars in London are bracing themselves for a sharp drop in footfall and bookings as a result of the Tube strike, which starts at 6:30pm tonight and will run throughout Thursday. The British Council of Shopping Centres (BCSC) said that on the day of the last strike on 9 July, London shopping [...]
August 2015 TfL Tube strike chaos: These companies are helping you get through the Tube strike August 5, 2015 The Tube strike starts tonight (5 August) at 6:30pm and will last until Friday morning. While Transport for London is doing its best to issue travel advice and digital companies are offering help to avoid the queues, we are going to need a little bit extra to get through the next couple of days. These companies [...]
Campari puts the Spritz into first-half profits August 5, 2015 The Italian group’s bright orange aperitif has become hugely popular in the UK in the past five years TAKE three parts Prosecco, a dash of soda and two parts Aperol. Pour that into a wine glass with a few chunks of ice and a slice of orange and there you have it: one of Italy’s [...]
Just Eat fends off rivals with surge in profits August 4, 2015 JUST Eat is gobbling up market share, with profits soaring by almost two thirds in the first half as more hungry customers flocked to its website. The online takeaway giant has been taking the UK and other countries by storm since it was founded 14 years ago, taking advantage of a market that was slow [...]
Just Eat earnings up 62 per cent as the digital food business keeps piling on the pounds August 4, 2015 Just Eat is gobbling up market share, with earnings up almost two-thirds in the first half of 2015 as the business says it expects at least two years of “over-performance”, The figures The digital food marketplace grew revenues 54 per cent to £107.8m in the six months to 30 June, while underlying EBITDA rose [...]
How London’s streets became a death trap for cyclists: Every bicycle accident mapped July 31, 2015 To scroll past this visualisation on mobile, swipe down on the right-hand side of the map. The Elephant & Castle roundabout is infamous among the capital's cyclists. In 2013, the last year for which we have complete data, there were 15 incidents involving cyclists on or next to the junction. In May last year, [...]
Expansion plan boosts Intu’s income July 30, 2015 SHOPPING centre landlord Intu yesterday unveiled a “significant increase” in rental income and earnings in the first half of the year, thanks to acquisitions in Spain and expansion in the UK. The owner of the Trafford Centre in Manchester and Lakeside in Essex recently bought the Puerto Venecia centre in Zaragoza and a site of [...]
Restaurant review: Is £38 the dearest burger in London? Sackville’s serves up x-rated food porn July 29, 2015 This week I ate a burger that cost £38. It was at new truffle-themed restaurant Sackville’s in Mayfair, and while it wasn’t the most expensive burger I’ve ever eaten – that dubious honour goes to Miami’s Bâoli which charged me $95 (£60) – it’s the most expensive I’ve had in this great city of ours. [...]
City of London to buy iconic Smithfield building for £34.6m as Museum of London’s new home July 28, 2015 The City of London has agreed to buy back London's historic Smithfield Market for £34.6m, City A.M. understands. The Victorian general market site has lain empty for more than 20 years after several failed attempts to redevelop it. However, it could become the new home for the Museum of London if the sale goes through. [...]
Baidu share price down more than 16 per cent after disappointing earnings July 28, 2015 Shares in Baidu, often dubbed "China's answer to Google", plummeted 16.8 per cent to $164.99 this afternoon, after less-than-encouraging results were released. Read more: Baidu confirms it's buying a stake in Uber During the second quarter, the Nasdaq-listed company's revenues went up 38 per cent from a year earlier to $2.7bn (£1.7bn), resulting in a fourth [...]