The Stump is dead: Here’s everything we know about The Pinnacle, London’s next skyline-altering tower November 3, 2014 So the Pinnacle, the London skyscraper that never was, looks like it might finally be built. The tower, on Bishopsgate in the City of London, was nicknamed "the Helter Skelter" because of its twisty design at the top, but met an undignified fate when its developer, Brookfield Multiplex, was forced to abandon work on it [...]
Gordon Ramsay selling 50 per cent of his food empire Kavalake November 3, 2014 Gordon Ramsay is looking to sell a 50 per cent stake in Kavalake, the holding company for the celebrity chef’s expansive set of restaurants, which includes Ramsay’s eponymous flagship eatery in Chelsea and Bread Street Kitchen in the City. Ramsay is in discussions with accountancy and business advisory firm BDO in a bid to find [...]
PayPal co-founder Peter Thiel talks quarter-life crises and how to tackle the state November 2, 2014 It's not every day that you get to speak to Silicon Valley royalty. And Peter Thiel, co-founder of PayPal, first outside investor in Facebook, fund manager, and leader of multiple firms, is a dynasty heavyweight. Having just published his new book, Zero to One, he’s keen to talk about some of his latest ideas. [...]
London’s empire state of mind: New York warehouse conversion inspiration comes to Islington, Clapham, Stratford and Wapping October 30, 2014 Globalisation, it seems, is not only changing our work, life and shopping habits, it’s also changing our living arrangements. Industrial warehouse conversions, originally found in the meat-packing districts of New York, have crossed the Atlantic and found a new popularity on our shores. Old textile factories in north east London in particular have become [...]
Restaurant review: Tredwell’s – Marcus Wareing’s new venture in St Martin’s Lane October 29, 2014 Upper St Martin’s Lane, which neatly bisects the tourist wastelands of Leicester Square and Covent Garden, seems like the last place Marcus Wareing would pick for his third UK restaurant. His flagship venture “Marcus” – formerly Marcus Wareing at the Berkeley – is a two Michelin-starred love-letter to formal dining (and home to one of [...]
The Australian food revolution: Heston Blumenthal and Jamie Oliver are joining a new wave of top antipodean chefs October 28, 2014 A grizzled miner in grubby, cement-splattered overalls clutches the stem of a wine glass with blackened fingertips, sipping chardonnay while recounting a recent dining experience at one of the city’s top tables. “It was the worst pizza I’ve ever tasted. The base was too limp and the feta too salty; it totally overpowered the [...]
Gilles Peterson interview coming up in City A.M. Bespoke October 23, 2014 Legendary DJ Gilles Peterson caught up with City A.M. Bespoke magazine last week to talk about how the shifting face of the music industry has changed the way he works, how he fancies opening a restaurant and what it’s like to record a radio station for Grand Theft Auto. Peterson was promoting the launch of [...]
What businesses will Tesco sell after ruling out a rights issue to raise cash? October 23, 2014 Tesco may be in dire straits, but a rights issue was ruled out by chief executive Dave Lewis this afternoon. Rather, the team will look “to extract value” from the business, most likely by selling off some of its non-core business assets. The supermarket sells much more than just groceries after embarking upon a rapid [...]
Luke Johnson steps down from Metro Bank board October 23, 2014 Serial entrepreneur Luke Johnson has resigned his position as a non-executive of Metro Bank. Johnson told Sky News that the time commitments now required for the role were becoming too great for him to maintain his position at Britain's first new high street bank for over 100 years. He joined Metro Bank in 2011. Johnson made [...]
Three things to look out for from Tesco’s results tomorrow – other than the numbers October 22, 2014 When Tesco publishes its first-half results tomorrow, including an update on its investigation into an expected £250m profit black hole, all eyes will be on the numbers. Initially, investors will look for the specifics of exactly how much profits were "overestimated" by, and what effect it has on the supermarket's previously reported profits and future [...]