How global progress could be halted July 5, 2011 WHENEVER I get too depressed about the state of the world, I turn to a website called rationaloptimist.com. Its author, Matt Ridley, is the scourge of the neo-Malthusian, doom and gloom pessimists – from the left and the right – who see catastrophes, famines and collapse around every corner. Ridley’s worldview, which draws on his [...]
Ashley in upmarket bid July 5, 2011 MIKE Ashley’s Sports Direct is close to buying an 80 per cent stake in two of Scottish billionaire Sir Tom Hunter’s fashion retail chains, in a deal valued at about £7m. Sports Direct is looking to buy the holdings in USC and Cruise, chains that specialise in higher-end consumer fashion, from Sir Tom’s private equity [...]
Greggs set for frozen market in Iceland deal July 4, 2011 BAKERY chain Greggs said yesterday it has started a trial with Iceland Frozen Foods to test the potential for the supermarket to sell frozen Greggs branded sausage rolls for shoppers to bake at home. “This is a trial which will enable Greggs to assess the potential for its savoury foods to be sold into the [...]
Gyms with added five star luxuries July 4, 2011 GYM bunnies looking for the top-flight places to keep fit should head to the city’s leading hotels. Lavish surroundings, less-crowded gymnasiums and access to magnificent spas make exercise a pleasure, even an indulgence. Here are five of the best. CORINTHIA HOTEL Plush, in a word. The new Corinthia Hotel is a place of dazzling, no-expense-spared [...]
OTHER PRIZE SPONSORS BY CATEGORY FOR THIS YEAR’S CITY A.M. AWARDS June 30, 2011 Saxo Bank is a global investment bank specialising in online trading and investment across the international financial markets. Saxo Bank enables private investors and institutional clients to trade forex, contracts for difference, exchange-traded funds, stocks, futures, options and other derivatives via multi-award winning online trading platforms, as well as offering professional portfolio and fund management. [...]
BARRED: MOBILE BOSS TALKS HIS WAY INTO HIS OWN GLASTO PARTY June 30, 2011 IF YOUR name’s not down, you’re coming in – not even if your name is Tom Alexander, chief executive of Everything Everywhere, and you are trying to get in to your own party at Glastonbury. As the other partygoers got stuck in to the free drinks inside the VIP farmhouse rented by the mobile phone [...]
Regent Street branded new Fifth Avenue June 26, 2011 SUPERGROUP chief executive Julian Dunkerton has labelled Regent Street – where it is to have its flagship store – as “the UK’s answer to Fifth Avenue”, as some of the world’s most famous brands line up to set up shop there. In a changing of the guard among retailers, SuperGroup has bought the lease on [...]
UBS BRINGS OUT IPADS TO SECURE €7BN FLOAT June 22, 2011 IT IS bigger than Glencore and the largest lottery IPO in history. So it is little wonder the global investment banks are pulling out all the stops to be appointed as advisers on the multibillion-euro float of the Spanish national lottery. The Spanish government hopes to raise between €6.5bn and €7.5bn by issuing 30 per [...]
Praia de Armação de Pêra June 20, 2011 BEACH TOWN Praia de Armação de Pêra is one of the largest and busiest beaches of the Algarve. Once a small town which served the Algarve’s fishing industry (the name Armação means fishing equipment and nets), it is now bustling with bars, restaurants, holiday homes and tourists, particularly in the summer months. The fishing industry [...]
WHEELER DEALER | LATEST TRANSFER GOSSIP June 14, 2011 WEST HAM have signed Stoke City defender Abdoulaye Faye on a free transfer. The Senegal defender links up with manager Sam Allardyce for the third time in his career. CHELSEA CEO Ron Gourlay says plans are in place to appoint Carlo Ancelotti’s successor as manager by the end of the month, but that no new signings are [...]