We’re nearly at £300,000! December 15, 2011 We have been overwhelmed by the huge support from our readers for City A.M.’s first-ever Christmas charity appeal. After just four weeks of fundraising we are delighted to be within reach of raising £300,000 for our chosen charity, Opportunity International, which offers small loans and banking services to entrepreneurs in southern Malawi. We’re now asking [...]
MANAGERS PULL THE PLUG ON THE OPENING OF NEW £25M SOHO CLUB December 15, 2011 IT SEEMS The Capitalist spoke too soon about the resurgence in Piccadilly’s entertainment scene. Just hours before the champagne was due to be uncorked at the new £25m club Dstrkt on Rupert Street, as reported yesterday (15 December), the long-awaited launch was abruptly cancelled. No official word on why last night’s opening didn’t go ahead [...]
X FACTOR CAST GET FIRST LOOK AT SOHO’S £25M NIGHTCLUB LAUNCH December 14, 2011 CRISIS, what economic crisis? Piccadilly, at least, is experiencing a revival, says clubs entrepreneur Fraser Donaldson, who tonight opens the £25m Dstrkt on Soho’s Rupert Street. “If you look at Hakkasan, Nobu and Roka, they all have two to three-week waits for tables,” reasons Donaldson, the former owner of Prince William’s favourite club Crystal on [...]
Whitbread sales growth slows in tough economy December 13, 2011 Britain’s biggest hotel operator WhitbreaD said its sales growth had slowed in the third quarter as tough economic conditions kept customers away from its Premier Inn hotels and Costa Coffee shops, which had previously proved resilient. The group, which also owns the Beefeater and Brewers Fayre pub restaurant chains, said on Tuesday sales at outlets [...]
£250,000 RAISED IN THREE WEEKS December 12, 2011 OUR Christmas charity appeal has raised a staggering £250,000 in just three weeks – all thanks to our generous readers. Please find the time to make your contribution, and through our match funding agreement, all donations from UK individuals will be matched by the Government pound for pound. You can also try your hand at [...]
Stuck for wine this Xmas? Try a Madeira my dear December 12, 2011 HEAD SOMMELIER AND MANAGER OF LUTYENS RESTAURANT In the great age of exploration, Portuguese sailors would fill the holds of their ships with the wines of Madeira and sail to the New World. Like many wines of the era, destined for export, they were fortified – grape spirit was added to improve their stability and [...]
SINGAPORE TYCOON TO PITCH FOR FULHAM’S HISTORIC TOWN HALL December 11, 2011 FORGET the West End, the eyes of the property world will tomorrow be fixed on Fulham, when the council decides the fate of its historic town hall. The tender to develop the Grade II-listed site, which dates back to 1888, has been narrowed to a list of three developers – one retail, one residential and [...]
M&A to dine out next year December 11, 2011 BRITAIN’S restaurants and bars sector is expected to enjoy a resurgence in mergers and acquisitions next year, thanks to a pick-up in private equity demand, a report by the accountancy firm BDO has revealed. While sales across the industry are predicted to remain subdued, top high street chains such as Yo! Sushi, Pizza Express and [...]
PIPPA MIDDLETON JOINS BANKERS AT MAHIKI DUO’S LOW-KEY LAUNCH December 8, 2011 PIPPA Middleton is out and about again after splitting from her boyfriend Alex Loudon, an analyst at brewing giant SAB Miller. And one of the first places Middleton has patronised in her newly single life is the Markham Inn on Elystan Street, the latest restaurant venture from Mahiki owners Nick House and Piers Adam that [...]
SPITALFIELDS December 8, 2011 QUAKER STREET, E1 Price: £930,000 Moments from Brick Lane and Spitalfields, this two bedroomed penthouse flat sits within a secure, gated residential development with secure off-street parking. Furnishings are state-of-the-art and super sleek. www.foxtons.com WOODSEER STREET, E1 Price: £550,000 A one-bedroom ground floor flat with lovely original features including a mezzanine level and amazing original [...]