Luxurious way to curry favour March 24, 2014 City chef John Woodward tells Melissa York why lobster is the real food of love I‘VE WORKED in a lot of hotel restaurants in my time, but Strip Bar & Steak at the Malmaison Hotel, is more like a restaurant with rooms than a hotel with a restaurant. You don’t get all the politics you [...]
Five of the best | Lobster dishes in the square mile March 24, 2014 Lobster roll at burger and lobster, 1 Bread St, EC4M 8SH There are only three things on the menu at Burger and Lobster, and this has to be the best. With rich mayonnaise, chives and a melted butter accompaniment, it’s an indulgent treat – just the way lobster should be. Half a native lobster with [...]
Yo! Sushi ready to roll with £120m price tag ahead of sale March 24, 2014 YO! SUSHI’S private equity backers are set to raise the for-sale sign over the firm this autumn with a £120m price tag. The purveyor of colourful plates of salmon nigiri and avocado maki is due to be put on the block in September by its global parent Quilvest Partners, which took over Yo! in 2008 [...]
Any Other Business – 21/03 March 21, 2014 THE BUDGET-related gags still hadn’t run out of steam when the Taxpayers’ Alliance held a briefing on Tufton Street yesterday. Lib Dem MP Jeremy Browne kicked things off: “We can go and celebrate, buy 350 beers get one free,” he chortled. Lord McFall wasn’t far behind though, likening the chancellor to game show legend Noel Edmonds. [...]
Five of the best | Lobster dishes in the square mile March 18, 2014 Lobster roll at burger and lobster, 1 Bread St, EC4M 8SH There are only three things on the menu at Burger and Lobster, and this has to be the best. With rich mayonnaise, chives and a melted butter accompaniment, it’s an indulgent treat – just the way lobster should be. Half a native lobster with [...]
Capital & Counties seals £665m loan for Covent Garden portfolio March 17, 2014 CAPITAL & Counties (Capco) said yesterday that it has secured a new £665m loan to help expand its huge £1.2bn Covent Garden estate. The developer said the five-year unsecured debt facility will replace three existing secured loans and provide “improved operational and financial flexibility” to support its expansion. Capco has been sprucing up its Covent [...]
10-week fitness challenge the get-fit diary of an out of shape office worker March 17, 2014 @steve_dinneen IN SAM Mendes’ American Beauty there is a scene in which Kevin Spacey’s character approaches a neighbour for fitness advice. “What do you want to achieve?”, asks the neighbour. “I just want to look good naked.” This is my answer when my personal trainer asks why I want to put myself through a 10-week program [...]
Just-Eat float will have no retail component March 17, 2014 City AM has learned that the float of fast food website Just-Eat will have no retail component. Retail investors will be able to go through brokers who've put in an institutional bid, but there'll be no direct access to the initial public offering (IPO). This mirrors Poundland's recent IPO, which also lacked a retail component. [...]
Just-Eat set to become a public company March 17, 2014 Fast food site Just-Eat has confirmed its intention to float in London and hopes to raise as much as £100m from its primary offering. SM Trust, Index Ventures, Vitruvian Partners, Redpoint Ventures and Greylock Partners are expected to sell some their shareholding in the offer. Just-Eat, which was founded in Denmark in 2001 and operates [...]
Cafe Rouge set to be offloaded to Apollo funds March 17, 2014 VULTURE fund Apollo Global Management is on the verge of wresting control of the struggling owner behind popular restaurant brands Cafe Rouge and Strada. Apollo, which buys the loans of struggling firms, has snapped up a substantial portion of the debt in the restaurant’s parent company Tragus Group, which is owned by Blackstone. The purchase [...]