John Lewis is set to create a new restaurant August 11, 2013 JOHN Lewis is poised to launch a new restaurant concept in a move to diversify its catering range and attract more customers into its department stores. Chief executive Andy Street said while John Lewis’ restaurants and cafeterias were profitable and provided good quality, “middle of the road” food, they were not “cutting edge” brands. [...]
Population growth is irrelevant: Institutions and incentives matter August 11, 2013 THE UK now has one of the fastest-growing populations in Europe, according to a new report by the Office for National Statistics. In just one year, the population grew by over 400,000 people (to a total of 63.7m), adding the equivalent of a city the size of Bristol. A growing population means growing demand for [...]
Where to eat it August 11, 2013 THE WILD GAME CO. Whitecross Street Market, EC1 The Wild Game Co has been going three years since beginning life on the Glorious 12th in 2010 and has led the charge of the game revolution. Andy Wauch founded the company with the aim of selling reasonably priced, restaurant quality meat across London’s food markets. All [...]
Bitcoin transfers stopped by money laundering regulations August 8, 2013 MONEY transfer websites have been forced to withdraw support for the fast-growing virtual currency Bitcoin amid uncertainty over money laundering regulations. Leading transfer services, often used to wire traditional currencies to Bitcoin exchanges, told City A.M. they could not continue to operate without revised regulation. “There’s no clear guidance,” said Brett Meyers, managing director of [...]
Review: Ametsa with Arzak Instruction August 6, 2013 The Halkin Hotel, Belgravia, SW1X 7DJ Tel: 020 7333 1234 FOOD Four stars VALUE Three stars ATMOSPHERE One star Cost per person for tasting menu and matched wine: £145 Ametsa With Arzak Instruction; there’s a restaurant that’s just begging to be hated. It’s the first fine-dining export from the Arzak family (the current iteration being [...]
What the other papers say this morning – 6 August 2013 August 5, 2013 FINANCIAL TIMES UK weighs legal action over Gibraltar Britain is looking at whether it can take Spain to the European courts over its treatment of British nationals at the border with Gibraltar. UK officials are taking advice on whether checks on cars as they try to cross from Spain into Gibraltar violate EU rules on [...]
Little Chef gobbled up by Kuwaiti restaurant giant August 4, 2013 LITTLE Chef, the iconic UK restaurant chain famed for fuelling hungry motorists, has been sold to the Kuwaiti owners of high street bakery Maison Blanc. The classic roadside diner, a fixture of Britain’s A-roads for more than half a century, has been taken over by Kuwaiti-listed Kout Food Group (KFG) following a three month sale [...]
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 [...]