‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
And now…auf wiedersehen March 26, 2012 HEAD SOMMELIER AND MANAGER OF LUTYENS RESTAURANT ANDREW CONNOR THIS will be my last column for City A.M. I’d like to thank you all for reading over the last eight months. My wife and I have recently had our first child and we’d like him to spend some time with his German relatives, so I [...]
Chakra: good but not great March 19, 2012 157-159 Notting Hill Gate, W11 3LF Tel: 020 7240 2078 FOOD *** SERVICE *** ATMOSPHERE ** Cost per person without wine: £50 WE hate it when our friends become successful,” lamented Morrissey back in 1992. “And if they’re Northern, that makes it even worse.” I have to disagree with the last part. In Birmingham, Manchester [...]
A city that knows just how to seduce March 18, 2012 ON the five hour flight from London to Tel Aviv, serious-looking men in black clothes made their way to the back of the aeroplane to pray. The man next to us asked our opinions about the conflict as he bought me a coffee. At the airport, extensive and lengthy security checks were imposed. I’m not [...]
Return of the Mayfair home March 1, 2012 It would be disingenuous to call Mayfair “up and coming” – after all, its prestige and attractions have drawn the world’s elite for centuries. But change is afoot: no longer just a haven for hedge funds, designer shops and the odd rich Russian resident, Mayfair’s stock of residential property is rocketing as offices are converted [...]
Restaurant Group plots more site openings as profits jump February 29, 2012 THE RESTAURANT Group, the owner of the Garfunkel’s and Frankie & Benny’s chains, said another 600 jobs were in the pipeline for this year after boasting of another “corking” set of full-year results for 2011. Revenue increased to £487m in the year to January, while like-for-like sales were up 3.25 per cent. Pre-tax profit was [...]
ANALYST VIEWS: WHAT DID YOU MAKE OF WHITBREAD’S RESULTS? February 29, 2012 JAMIE ROLLO | MORGAN STANLEY Whitbread has reported fourth quarter like-for-like sales growth of 1.8 per cent, in line with our expectations but with a slightly different mix…With a stronger performance at Costa balancing the slightly weaker performance at Premier Inn we do not expect to see changes to consensus for 2012. WYN ELLIS | [...]
ANALYST VIEWS: WHAT DID YOU MAKE OF WHITBREAD’S RESULTS? February 28, 2012 JAMIE ROLLO | MORGAN STANLEY Whitbread has reported fourth quarter like-for-like sales growth of 1.8 per cent, in line with our expectations but with a slightly different mix…With a stronger performance at Costa balancing the slightly weaker performance at Premier Inn we do not expect to see changes to consensus for 2012. WYN ELLIS | [...]
Powder rules on the mountains of Japan February 26, 2012 SKIING in Japan has been on the radar of dedicated powder seekers for a number of years. The snow that falls upon Japan’s resorts has to be some of the best in the world; it is light, dry and very often chest deep. Now that word has leaked out about Japan’s fantastic skiing opportunities – [...]
TRAVEL NOTES February 26, 2012 New palatial property in Marrakesh The Oetker Collection – which includes Le Bristol in Paris and the du Cap Eden Roc on the Cote d’Azur – is to unveil a deeply seductive new property, Le Palais Namaskar. Set in 50,000 sq m of Balinese-inspired scented gardens and designed by Philippe Starck protégée Imaad Rahmouni, the [...]
MEDIA EXEC BRINGS £1M PERUVIAN BID TO SOHO February 20, 2012 MARTIN MORALES was headhunted by Apple as one of the four founders of iTunes Europe and sat on the board of The Walt Disney Company. But Ceviche, the Peruvian restaurant behind a plain black door at 17 Frith Street in Soho, is his life’s work. Since leaving Disney in July 2011, the half-Peruvian Morales has [...]