Mitchells & Butlers blames poor weather for August sales slump September 25, 2014 PUBS AND restaurants group Mitchells & Butlers reported a slight 0.6 per cent rise in like-for-like full-year sales yesterday in a trading update, due to mixed performance over the summer. Mitchells & Butlers, whose chains include Harvester and All Bar One, said sales in July were boosted by the World Cup, but that damp weather [...]
Jade Jagger talks motherhood, design and building a matriarchal paradise in Ibiza September 23, 2014 Jade Jagger is tired. She yawns through much of our interview as she potters around her 16th century villa. Perhaps she just feels relaxed in her sleepy village in Ibiza, where she spends the summer with her family. Or maybe it’s only to be expected from this daughter of rock royalty, now an international [...]
I know what you’ll like next summer: How trend forecasting keeps the biggest brands on top September 23, 2014 Will you be gripped by a desire to own a pair of Birkenstocks at some point over the next 12 months? Need a mindfulness holiday retreat in 2016? What about a fridge that connects to the internet, maybe some time in the 2020s? Who knows, right? Well, someone probably does. An entire industry has grown [...]
Eating lunch at your desk again? Here’s how the City does delivery September 23, 2014 Eating al-desko isn’t just about showing your boss you’re the keenest worker-bee in the office. As winter draws nearer it’s also a way of eating your sandwiches without getting frost bite. The latest lunch-break craze in the City allows hungry employees to select, buy and eat their lunch without leaving their office at all. Delivery [...]
Galliford Try lands £360m development for 1,100 homes in east London September 15, 2014 Housebuilding and construction group Galliford Try has been chosen as the preferred developer by the Greater London Authority to build the Silvertown Way development. Located in Canning Town, East London with over 1,100 mixed tenure homes across 11 blocks, the gross development comes to a hefty £360m, ranking it as the largest standalone scheme Galliford [...]
JD Wetherspoon share price up as boss claims VAT “biggest danger to pubs” September 12, 2014 JD Wetherspoon has reported record sales and profit in its full-year results, yet founder and chairman Tim Martin has described the government's VAT on pubs as a danger to the industry. Shares in the company have risen 1.31 per cent in early morning trading. Profit before tax and after exceptional items was up [...]
West End landmark Trocadero to be turned into budget hotel September 11, 2014 THE TROCADERO in Piccadilly is to be given a makeover after Europe’s largest hotelier Accor announced yesterday it had struck a deal to turn the famous West End landmark into a budget three-star hotel. Owners Criterion Capital, run by property magnate Asif Aziz, have already begun work on redeveloping the building into a 583-room hotel, [...]
Service industry looks to an improved Britain September 11, 2014 BUSINESS SERVICES of the year In uncertain times, companies that are willing to try something different – be that a new management team, an innovative business structure or a better use of technology – are those that tend to succeed. Our choices come from the transport sector, catering, white-collar recruitment, online professional networking and management [...]
Skanska wins £600m Battersea Power Station building contract September 10, 2014 Skanska has been chosen as preferred bidder to redevelop the Battersea Power Station building, it emerged yesterday, in a major coup for the Swedish construction firm. The company is understood to have beaten Balfour Beatty, Lend Lease and Mace to win the estimated £600m job. A formal announcement is expected to be made within the [...]
Whitbread share price rises as Costa Coffee injects caffeine into sales September 9, 2014 Shares in leisure giant Whitbread opened 1.6 per cent higher, after it posted a trading statement showing Costa Coffee delivered like-for-like sales of 5.8 per cent in the 24 weeks to 14 August, helping to make up for more sluggish growth of 3.1 per cent in its restaurants. Costa enjoyed growth in worldwide sales of [...]