Great Scotland Yard snapped up by Indian billionaire Yusuffali Kader’s Lulu Group for luxury hotel July 26, 2015 Indian billionaire Yusuffali Kader has snapped up the historic home of London's Metropolitan police and will turn Great Scotland Yard into a luxury hotel. Kader's Abu Dhabi headquartered Lulu Group has bought up the Edwardian building in Whitehall in a £110m deal with Galliard Homes, and will work with the Steigenberger Hotel Group to run the [...]
What’s in the Walkie Talkie building? From the Sky Garden to RSA, here’s a storey-by-storey breakdown of every restaurant, bar and business in 20 Fenchurch Street July 24, 2015 It may have been open less than a year, but from frying eggs to creating wind tunnels, 20 Fenchurch Street – better known as the Walkie Talkie – has already had its fair share of controversies. But what’s actually inside? And what does its Sky Garden (also controversial after its developers decided to
Dulwich house prices: London village life four miles from The Shard July 23, 2015 As Peckham and Camberwell creep up the league table of the capital’s trendiest areas, neighbouring Dulwich remains as genteel and sedate as ever. Not much changes in SE21. It views its up-and-coming neighbours with the same bemused condescension that a retired judge regards the hoop in his grandson’s ear. He doesn’t understand it, but he’s [...]
Private view: On the market in Dulwich this week July 23, 2015 COURT LANE GARDENS, DULWICH VILLAGE, SE21 £2.95m This six-bedroom family home is on a sought-after road in Dulwich Village that’s less than half a mile away from North Dulwich station. In total, there’s 3,027sqft of living space over three floors, including two living rooms and a kitchen designed by world-renowned architect Johnny Grey and a [...]
Tripadvisor revenue leaps 25pc despite intensifying competition July 23, 2015 The figures Tripadvisor was slated for growth, and still managed to beat expectations with its revenue leaping 25 per cent to $405m, against $323m for the same period last year. Earnings per share came in at $0.40, against $0.47 last year. Why it's interesting The company’s sales have been growing over the last few quarters, [...]
Forget Silicon Valley and Silicon Roundabout: Birmingham’s Silicon Canal is the future of the UK’s technology sector July 23, 2015 For years now we've been told that London could rival the Silicon Valley with its own tech hub. But five years after launching my business, I’m a bigger advocate for Birmingham's Silicon Canal than I have ever been. There is an incredible talent pool in Birmingham that offers a wealth of brilliant software engineers. These [...]
Which countries eat the most ice cream in the world? Here’s the scoop July 23, 2015 Things are changing in the delicious world of ice cream. The Chinese are warming up to the icy delights of the classic treat and have just stolen the crown from the US as the biggest consumers of the treat in the world, licking up more than 5.9m litres of the stuff in 2014. The change [...]
Chipotle’s profits now a sizzling $140m July 22, 2015 Chipotle Mexican Grill has said its quarterly profit beat estimates, despite reporting lower-than-expected sales at its established restaurants. Its net income rose to $140.2m (£90m) from $110.3m a year earlier. Revenue rose 14.1 per cent to $1.2bn.
What should investors make of the first equity crowdfunding exit? July 22, 2015 Harriet Green asks what equity crowdfunded firm E-Car Club’s buyout means for the growing sector If you're putting money into equity crowdfunding, the first question at the front of your mind is “will I get a return on my investment?” – and then “will it be decent?”. Last year, equity crowdfunding in the UK [...]
Tesco’s Harris + Hoole coffee shops lose founders and bosses Nick, Andrew and Laura Tolley July 22, 2015 The founders and bosses of Harris + Hoole, the coffee shop chain part-owned by Tesco, are leaving the company amid the supermarket's asset sell off. The sibling founders Nick Tolley, Andrew Tolley and Laura Tolley, who are chief executive, coffee director and chief design officer respectively will depart next month, Retail Week reports, retaining their [...]