Trafalgar and Parliament squares smoking ban to cost £6.5m October 15, 2014 London's 1.2m smokers could face new restrictions on where they can light up if the mayor Boris Johnson decides to implement a report from London's Health Commission (LHC). Smoking could be banned in London's parks, Trafalgar and Parliament squares. The proposals will certainly be controversial in a city where 18 per cent of the population [...]
Why PayPal co-founder Peter Thiel thinks luck will get you nowhere October 13, 2014 Harriet Green explores the tech billionaire’s contentious views on setting up a business. Co-founder of PayPal, first outside investor in Facebook and seasoned venture capitalist, Peter Thiel is Silicon Valley royalty. His new book, Zero to One: Notes on Startups, or How to Build the Future, offers a series of insightful – and often [...]
Mountain a new challenge this ski season October 13, 2014 1. Tirol, Austria White 5 pass is valid for 10 days from 1 October 2014 to 15 May 2015, for €358 per person, tirol.com If you just can’t wait to go skiing or you want to beat the peak season rush, Austria is the perfect destination this month. The five Tirol glaciers encompass 229km [...]
More stores closing on UK high streets but betting shops survive October 9, 2014 There has been sharp decline in the number of shops on UK high streets According to a survey by PwC and the Local Data Company, the net reduction of shops during between January and September was two and a half times greater than during the equivalent period in 2013. There was a net closure [...]
Battersea Power Station to put Frank Gehry and Norman Foster flats on sale October 6, 2014 Hundreds of homes designed by renowned architects Norman Foster and Frank Gehry will go on sale at Battersea Power Station this month, the owners revealed yesterday, with prices starting at £495,000. Gehry Partners and Foster + Partners have designed two schemes for the third phase of development at Battersea Power Station, with 1,305 [...]
Grant Thornton boasts its fifth strong year but CEO Scott Barnes isn’t bragging October 5, 2014 Grant Thornton’s chief executive Scott Barnes is not a man given to extravagant outbursts. Today, the financial adviser’s yearly report boasts of “a fifth successive year of strong results”, with revenue breaking through the £500m mark it had targeted for next year. As Barnes took over as boss six years ago, that consecutive [...]
Manhattan Loft Gardens: Developer behind the Chiltern Firehouse has lofty ideas for Stratford’s Olympic Park October 3, 2014 Everyone’s heard of the Chiltern Firehouse by now; for the past year, the restaurant in Marylebone’s Chiltern Hotel has been the hottest ticket in London. But give it a few years and the great and the good may have moved on to pastures new – London’s newest park, in fact. The team behind the [...]
Prezzo share price reacts as bidders offer £316m for a slice of Italian food chain October 2, 2014 Italian high street restaurant chain Prezzo yesterday confirmed that it had received preliminary proposals for a potential takeover offer. Although Prezzo cautioned that any deal was unlikely to be at a premium to its closing price on Wednesday of 135p per share, or around £316m. Shares in Prezzo yesterday jumped as much as 11 per [...]
Punch founder in £37m Strada restaurant deal September 28, 2014 HUGH Osmond, the entrepreneur behind Pizza Express, Punch Taverns and the insurance group Pearl, has bought the Strada chain of Italian restaurants in a £37m deal. Sun Capital Partners, Osmond’s private equity vehicle, is buying the Strada brand and 43 restaurants from the Tragus Group in a deal announced yesterday. Osmond said his plan for [...]
Business hub London creates property boom September 25, 2014 PROPERTY FIRM of the year As London prices continue to rise, defying fears that the bubble is about to burst, property companies have seen a period of huge growth. Our shortlist, which was very tough to choose, includes companies such as the Berkeley Group and Workspace, which have seen their profits soar in the past [...]