Fever-Tree toasts fizzing first set of results since its float March 23, 2015 UPMARKET drinks firm Fever-Tree raised its glass yesterday to a 49 per cent jump in revenue in its debut set of results since floating on the London stock market in November. The 10-year old business reported sales of £24.7m, which in turn lifted adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) by 48 per [...]
Halfords names Jill McDonald new chief executive to replace Matt Davies March 23, 2015 Halfords has named Jill McDonald as its new chief executive, filling the saddle left empty by Matt Davies who's departing to lead Tesco's business operations in June. McDonald will leave fast food chain McDonald's where she is UK chief and president of North West Europe. The former marketing chief joined the restaurant business in 2006 [...]
Easter snow: A comprehensive guide to the best places to bag a late skiing holiday March 22, 2015 FAMILY FRIENDLY Watching Franz Klammer skiing on the edge of disaster at the 1976 Winter Olympics is not for the faint-hearted. His gold medal-winning run at Innsbruck looked sure to end in catastrophe on several turns. How do you learn to ski like that? According to Klammer – who insists he was perfectly in control [...]
Budget 2015: Who were the winners and losers? March 18, 2015 Winners Pubs and drinkersThe Budget will be a boon for the country's pubs, bars and restaurants, as well the drinkers who frequent them. Beer duty was cut buy one penny per pint while duty on both cider and whisky received a two per cent cut. Meanwhile, the tax on wine and tobacco will also be [...]
Korma blimey! Just Eat gobbles up the market March 17, 2015 Despite a wobbly start, takeaway portal Just Eat has gone from strength to strength. Just Eat has been connecting hungry customers with their local takeaway restaurants for the past 14 years. “We’re like your best friend, letting you know which is the best Chinese or Indian restaurant in your area,” said Just Eat [...]
Why Engawa is an unusually well thought-out restaurant March 17, 2015 In Japan, the fax machine is still king of the office. While the western hemisphere abandoned it at the first whiff of email, the Japanese persevered, appreciating the personal touch that comes from a hand-written note, even if that note has been broken down into a series of blips and hisses and reassembled somewhere far [...]
The latest gimmick (or the next big thing): Cheese and coffee March 17, 2015 How does a new restaurant make its mark on a London foodie scene already reaching saturation point? There’s the old fashioned way: serving great food at a reasonable prices. And there’s the 21st century way: coming up with a gimmick, a weird pairing, some novelty way of serving or ordering food, something to make people [...]
From BHS and John Lewis to TSB and the Apple Watch: What got us talking this week? March 13, 2015 Jeremy Clarkson punched a man over a steak. Blurred Lines went from being the song with questionable gender politics to being a Marvin Gaye rip-off. And somewhere above our heads, a pilot got bored and drew rude pictures using GPS flight data. Here is what got us talking at City A.M. 1. After 15 [...]
Bonus at John Lewis drops on Waitrose sales March 12, 2015 JOHN Lewis Partnership slashed staff bonuses to 11 per cent of pay, the lowest level for 12 years, after profits fell at its grocery chain Waitrose. The partnership’s 93,800 employees will receive a total pay out of £156.2m, which is equivalent to nearly six weeks’ salary. The supermarket price war, a deflationary market and a significantly [...]
Focus on Battersea: Home of dogs, cats, families and riverside living March 12, 2015 Battersea’s venerable institutions – from its power station to its Dogs and Cats Home – often overshadow its considerable success as a residential destination. While houses easily soar over the £1m mark in this part of south-west London, UK buyers still account for 76 per cent of the market, 80 per cent of whom use [...]