City Moves for 01 June 2015 | Who’s switching jobs May 31, 2015 Aviva Investors The asset management firm has appointed James Tothill as head of third party sales. He joins from Aria Capital Management, where he was head of strategic partnerships. Tothill has also previously worked as head of global partnerships at Henderson Global Investors. State Street Effie Datson has been appointed global head of product for [...]
Taking off: London City airport’s £16m lounge revamp May 26, 2015 London City airport, a favourite with travellers who abhor long check-in queues, snaking lines for security checks and yearn for a respite from traditional public lounges, is giving a £16m revamp to its western pier which houses 70 per cent of the departure gates. New shops, restaurants and watering holes, quiet areas with mobile-device charging [...]
Five ways to make sure you feel refreshed after a holiday May 22, 2015 Holidays are a time for rest, relaxation and improving well-being, and at the end of it we expect to return feeling revived and ready to take on the world. There's one problem, though – while we might be away from the pressures of work and daily life, we can often become a lot less [...]
Just Eat orders £445m placing for takeaway May 21, 2015 JUST EAT moved closer to gobbling up Australian takeaway business Menulog last night, after it closed the books on its £445m placing and open offer. Bookrunners JP Morgan and Goldman Sachs have conditionally placed 105.4m new ordinary shares with institutional investors at 425p per share, which will fund its acquisition of Menulog. The online takeaway [...]
Focus on Poplar: There’s good reason it’s getting so popular, you know May 21, 2015 It hasn’t always been so popular to live in Poplar. Its postcode, E14, has held the dubious honour of being the most unequal in the UK, as its East End estates sit a stone’s throw away from the shimmering towers of Canary Wharf. It’s now best known in the nation’s mindset as the impoverished setting [...]
The ultimate half-term guide: From Chelsea’s Victory Parade to In The Night Garden at the O2 May 21, 2015 I know what you’re thinking: it can’t be half-term again already. Well, I’m afraid it is, but fear not: the life and style team at City A.M. have put their heads together and come up with the ultimate guide to the weeklong school holiday, featuring everything from Chelsea FC’s victory parade to a family orientated [...]
National Waiters’ Day: Unions protest outside Pizza Express, Grosvenor House Marriot Hotel over low pay May 21, 2015 Waiting staff are out on protest today in central London over low pay and claims that Pizza Express management are “pocketing an estimated £1m that should go to poorly paid staff”. Unite the union is organising the event, which began at midday on National Waiters' Day, outside the Leicester Square branch of Pizza Express. [...]
Roux Sr and Jr bring their Michelin-starred food to the Investec Derby at Chez Roux at Blue Riband May 19, 2015 Last year, the World’s Greatest Flat Race joined forces with two of the world’s greatest chefs – Albert Roux and Michel Roux Jr – for Chez Roux on the Prince’s Lawn, a partnership that brought Michelin-starred gastronomy to the Investec Derby. The father and son duo are set for a return, this time taking over [...]
Palatine orders up £13m buyout of cocktail chain The Alchemist May 17, 2015 Upmarket cocktail chain The Alchemist has said it is planning to gobble up more sites across the UK after completing a £13m management buyout backed by Palatine Private Equity. The Alchemist, which first opened its doors in Manchester in 2010, runs two venues in the city centre as well as sites in Leeds and in [...]
Gordon Ramsey restaurants boil down losses May 17, 2015 GORDON Ramsey kept sales across his restaurant empire simmering last year after new openings in south London helped to offset the end of his contract at Claridges hotel. Turnover at the celebrity chef’s 26 restaurants edged down in the year to August 2014 to £44.7m from £44.8m the previous year, according to accounts filed by [...]