What the other papers say this morning – 12 September 2013 September 11, 2013 FINANCIAL TIMES Libor control to remain in London Brussels has ditched its plan to put the scandal-mired Libor lending rate under the direct control of a European supervisor in Paris, in a concession that removes a serious political nuisance for Britain. Early drafts of the European Commission regulation, which is to be unveiled next week, [...]
The real Willy Wonka is as experimental as ever September 10, 2013 Think you love chocolate the most? Elizabeth Fournier meets choc-God Paul A Young IT’S NOT hard to be passionate about chocolate, but Paul A Young takes it to a whole new level. Reviewers and customers alike may wax lyrical about his imaginative creations, which include Marmite brownies and Eccles cake truffles. Get him talking on [...]
Spending spike as UK economy bounces back September 8, 2013 AS SURVEYS indicate a bumper month for business this September, new figures suggest that the increased activity is driven mainly by consumer spending, with credit and debit card use on the up. Barclaycard said yesterday there had been a strong upswing in spending through August, backing up figures from Visa Europe, which recorded its strongest [...]
Walkie Scorchie sets carpet on fire, cracks tiles and melts paint | City A.M. September 6, 2013 THE GREAT Fire of London began on Pudding Lane on 2 September 1666. And yesterday – exactly 347 years later – there was once again smoke in the vicinity, as the Walkie Talkie’s beam of hot light set the carpet of a nearby barber shop on fire. “We want the developer to fix it somehow,” Ali Akay of [...]
Prezzo picking up the pace of growth with new restaurants September 4, 2013 PREZZO said yesterday it is enjoying a bigger slice of the restaurant market after opening seven new outlets in the six months to the end of June. The pasta and pizza provider posted a 17 per cent rise in revenues to £79.7m while pre-tax profits rose from £7.5m to £8.2m. Prezzo said it will open [...]
Ashcroft gets into wine firm September 3, 2013 A BUSINESS backed by Conservative peer Lord Ashcroft yesterday revealed a £7m deal to buy English wine maker Gusbourne Estate. Investment vehicle Shellproof will change its name to Gusbourne and join the Alternative Investment Market as a new firm as part of the purchase, raising £2.85m in the process. Shellproof investors, including Ashcroft, will take [...]
Western retail business looks to Russian capital for new markets September 3, 2013 EUROPEAN retailers are increasingly shifting their focus eastwards, as Moscow becomes a top destination for shoppers and consumer spending. Mark Faithfull, the editor of Retail Property Analyst, said: “Moscow is the obvious starting point for international retailers looking to expand”. He added that while luxury products were the first to find the market, familiar brands [...]
Walkie Scorchie sets carpet on fire, cracks tiles and melts paint September 2, 2013 THE GREAT Fire of London began on Pudding Lane on 2 September 1666. And yesterday – exactly 347 years later – there was once again smoke in the vicinity, as the Walkie Talkie’s beam of hot light set the carpet of a nearby barber shop on fire. “We want the developer to fix it somehow,” Ali Akay of [...]
Finding the right ingredients to freshen up the UK food industry September 1, 2013 Annabel Palmer talks to Patrick Drake, who switched litigation for ladles to create grocery delivery service Hello Fresh EATING well and leading a healthy lifestyle are virtues many aspire to. But if your skills in the kitchen are limited, and time even more so, sometimes such aspirations fall by the wayside in favour of a [...]
Whisky wonderland September 1, 2013 Scotland’s Jura may be remote, but it sure knows its drink THE Edinburgh Festival may finish today, but there’s still reason to head north of the border. Richard Paterson, Master Blender for the past 40 years at Glasgow-based whisky producer Whyte & Mackay (makers of Jura whisky), is a third generation whisky man who has [...]