WHAT THE OTHER PAPERS SAY THIS MORNING August 25, 2010 FINANCIAL TIMES US CHAINS BEEF UP MEALS TO LIFT PROFITS Fast-food chains in the US are rolling out more expensive premium products after two years of relentless focus on lower priced meals in the hope of recouping profit margins surrendered during the recession of 2008 and 2009. McDonald’s is selling a “smokehouse deluxe” burger in [...]
GOING OUT August 25, 2010 IT may still be peak holiday season but in our cosmopolitan capital you can complete a world tour whenever you like by taking a glamorous (if slightly less exotic) journey around London’s more exclusive international nightlife. Starting with Japan, the chic Kyashii has just re-launched on Upper St Martin’s Lane offering a sophisticated, ultra modern [...]
M&B to offload pubs for £373m August 20, 2010 Pubs and restaurants group Mitchells & Butlers (M&B) has announced plans to sell 333 pubs as it concentrates on its premises offering food. The pubs are being sold to Stonegate Pub Company – which is controlled by TDR Capital – for £373m. Earlier this month, M&B announced the sale of its Hollywood Bowl 10-pin bowling [...]
FOCUS ON: MORDEN, SURREY August 19, 2010 RIVERSIDE HOUSE, MORDEN ROAD £199,950 This two-bedroom apartment in a smart riverside development is ideal for the first-time buyer. It has an undercover reserved parking bay. Contact: Ellisons on 020 8543 1166, www.ellisons.uk.com MAIN HOUSE, THURLESTON AVENUE £499,950 A semi-detached five-bedroom property close to Morden Park, this family home has an extensive rear garden and [...]
Go surf ‘n’ turfing in Farringdon August 18, 2010 Redhook 89 Turnmill Street, EC1M 5QU Tel: 020 7065 6800 FOOD SERVICE ATMOSPHERE Cost per person without wine: £40 THE restaurant industry has a huge crush on Farringdon. Farringdon is the cool girl that couldn’t care less, twiddling her hair and looking this way and that, with her grimy streets and warehouse-style apartment buildings. The [...]
finance boss in the wars after hitler gag August 16, 2010 AS A hack, it gets frustrating to be confronted with a deafening silence when asking any financier to stand up and publicly defend the industry against politically-motivated attacks – especially when the same hotshots are perfectly happy to shoot their mouth off when cornered in private. But, refreshing as it is to find an exception [...]
Desmond’s Channel Five revolution August 11, 2010 THE inevitable bloodbath occurred at Richard Desmond’s newly acquired Channel Five yesterday as seven directors and more than a quarter of the 300 employees were given their marching orders. The Northern & Shell and Express Group owner has promised further cost savings at the loss-making broadcaster but also an expansion of the programming budget to [...]
M&B to sell bowling firm in £39m deal August 9, 2010 PUBS and restaurants group Mitchells & Butlers is offloading its Hollywood Bowl ten-pin bowling business to rival AMF Bowling for £39m. AMF will add Hollywood Bowl’s 24 sites to its existing 33 UK bowling centres. M&B is selling non-core businesses to focus on its pub operations, which include Harvester, Toby Carvery, Vintage Inns and O’Neill’s. [...]
M&B to sell Hollywood Bowl for £39m August 9, 2010 PUBS and restaurants group Mitchells & Butlers (M&B) is selling its Hollywood Bowl ten-pin bowling business to AMF Bowling for £39m ($62m). Hollywood Bowl’s 24 sites will be added to its current 33 UK bowling centres. M&B is selling “non-core businesses” to focus on its pub businesses, which include Harvester, Toby Carvery, Vintage Inns and [...]
It pays to be the canary in the mine August 5, 2010 LONDONERS in search of rental bargains are getting wise to the fact that moving a few miles east into the Docklands gets you more space and higher specs for the same money. Rental prices in the Canary Wharf/Docklands area are on the up, but still offer better value than most other places within a short [...]