Why sometimes the idea can matter less than the execution August 4, 2013 Annabel Palmer talks home cooking with Deepinder Goyal, founder of online restaurant and nightlife guide Zomato THE key to creating a successful startup often lies with having the idea before anyone else gets there. Countless wannabe entrepreneurs have claimed “I had the idea for Facebook long before Zuckerberg,” yet didn’t deem it worth pursuing. But [...]
All smiles on the Teardrop isle August 4, 2013 British Airways’ new Colombo route will help open Sri Lanka up to a new generation of tourists, says Lisa Young EARLIER this year British Airways’ only Sri Lankan Boeing 777 pilot landed one of the company’s jets in his home country for the first time in 15 years. Touching down in Colombo, the capital of [...]
Covent Garden portfolio sends Capco property values soaring July 30, 2013 CAPITAL & Counties (Capco) said a strong performance from its bustling Covent Garden estate helped push the total value of its property up by 13 per cent to £2.1bn in the first half of the year. The developer has been sprucing up its Covent Garden portfolio, attracting trendy restaurants and retailers including Dior and the [...]
Restaurant review: Baiwei July 30, 2013 8 Little Newport Street, WC2H 7JJ Tel: 020 7494 3605 FOOD Two stars VALUE Three stars ATMOSPHERE One star Cost per person without wine: £25 I find Chinatown incomprehensible. It’s an ever-shifting tangle of restaurants and takeaways and bars and brothels. It morphs and skews before your eyes. You can sit down in one restaurant, [...]
Making money in Tinseltown is easy: Just pick the right people July 28, 2013 Annabel Palmer talks Twilight with Nicola Horlick, the former City Superwoman who is trying her hand at Hollywood FORMER fund manager Nicola Horlick is in Santa Monica, California. The fabled City Superwoman – a moniker she despises – is working on her newest venture: Derby Street Films. It’s a film development business, currently made up [...]
We are expanding again – but the journey has barely begun July 25, 2013 FOR ONCE, economists managed to predict exactly yesterday’s second quarter GDP growth figures of 0.6 per cent. Such statistics should be treated extremely carefully: they are inevitably revised, sometimes dramatically. Yet it has been clear for months now that activity is thankfully returning, as is confidence, though the UK faces immense structural challenges. The economy [...]
Inside Track: Just-eat.com just might serve up a London flotation July 25, 2013 LONDON’S reputation as a host city for start-up technology groups would be enhanced if some of the larger businesses would only decide to list here. While there’s no doubt the plan to set up a hub for tech companies around Old Street roundabout is making strong progress, there are still concerns that some of the [...]
Battle of the online giants: Why Facebook continues to surprise its many critics July 25, 2013 BEFORE Facebook surprised the market with a 53 per cent rise in second quarter revenues to $1.8bn (£1.2bn), the social network had had a wretched few months. It was forced to admit it hands data to the US National Security Agency – stirring up privacy concerns. In May, Nissan and Nationwide pulled ads after they [...]
Focus on: Chiswick July 25, 2013 NEED TO KNOW | AREA INSIGHT DESPITE being known as the a go-to destination for foodies, there’s more to Chiswick than its impressive stable of quality delicatessens, greengrocers and top-notch eateries. The affluent west London suburb is one of the top commuter hotspots due to its close proximity to central London and offers large properties [...]
McDonald’s cautious as tough economy eats into food sales July 22, 2013 MCDONALD’S yesterday said it expects the rest of the year to be tough for fast food sales, after posting a four per cent rise in net income to almost $1.4bn (£911m) for the second quarter. Shares in the world’s biggest restaurant chain lost 2.7 per cent yesterday after chief executive Don Thompson said “the informal [...]