Randgold Resources eyes new opportunities in Cote d’Ivoire October 28, 2013 FTSE 100-listed miner Randgold Resources is “aggressively exploring” further opportunities in Cote d’Ivoire, its chief executive said this weekend. Randgold owns and operates Cote d’Ivoire’s largest gold mine at Tongon, which went into production at the end of 2010 and has already delivered over 600,000 ounces of gold. Mark Bristow told a media briefing in [...]
City Matters: Celebrate the soft power underpinning London’s economic fundamentals October 27, 2013 OVER the past twelve months, we have seen the UK economy, London and the City move towards a healthier position. The UK economy expanded by 0.8 per cent in the third quarter, the IMF has significantly raised its growth forecast for 2013 as a whole, London businesses feel more optimistic than at any time since [...]
US investor swoops on West End theatre company Ambassador October 21, 2013 US BUYOUT firm Providence Equity Partners yesterday made its UK debut after taking control of the theatre group behind a string of West End hits, including The Rocky Horror Show and West Side Story. Providence, which until yesterday did not have a current UK investment, has bought a controlling stake in Ambassador Theatre Group from [...]
Jol denies poor morale ahead of Palace trip October 20, 2013 FULHAM manager Martin Jol has assured the club’s fans that there is no problem with team spirit in the Cottagers’ camp, ahead of tonight’s clash with fellow strugglers Crystal Palace at Selhurst Park. The west Londoners won their last game at home to Stoke to ease pressure on under-fire boss Jol, yet the team still [...]
Where to drink October 17, 2013 From the top floor of Centre Point to Japanese-Peruvian fusion mixology AS NOVEMBER approaches, exciting new bars and clubs continue to open in London alongside established venues giving themselves facelifts. Zinc, perched atop the Centre Point building on its 31st floor just below Paramount, looks poised to become the highest destination lounge bar in the [...]
Tech and media firms pile into central London October 16, 2013 TECHNOLOGY, media and telecoms companies have come out in force this year, snapping up 24 per cent more office space than both 2012 and 2011 respectively, according to property consultancy Colliers International. Take-up across central London stands at 2.9m square feet (sq ft) in the year to date, driven by major deals such as Google’s [...]
Great Portland wins consent at Rathbone Place October 16, 2013 GREAT PORTLAND Estates has won planning approval to go ahead with redevelopment of the Royal Mail’s old sorting office in what is expected to be one of the company’s largest and most profitable developments to date. Westminster Council approved plans on Tuesday night to redevelop the 2.3 acre site off Oxford Street and build 42,000 [...]
Restaurant review: Urban Meadow October 15, 2013 RESTAURANT Urban Meadow, 150 Bayswater, W2 4RT Tel: 020 7792 7066 FOOD Three Stars VALUE Five Stars ATMOSPHERE Four Stars Cost for two with drinks: £50 THIS is one of those columns restaurant critics write after they’ve been on holiday, where they bang on about the nice places they’ve been eating while you’ve been stuck [...]
Cole ready to shine for West Ham again six months after his release October 14, 2013 FORMER England striker Carlton Cole is determined to prove his worth to West Ham after returning to Upton Park just six months after his release. Cole parted company with the Hammers in the summer after seven years with the club, having scored 59 goals in 237 appearances. Manager Sam Allardyce attempted to re-sign Cole last [...]
Going West: London welcomes a new FX brokerage October 13, 2013 Annabel Palmer meets the founders of Monex Capital, who are targeting tech savvy traders DESPITE the Asian Development Bank lowering its growth forecasts for emerging nations in the region earlier this month, European brokers are launching Asian-based subsidiaries in droves (forex and commodities brokerage MIG Bank, for example, opened a Hong Kong arm this year). [...]