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 [...]
From Russia with fusion food February 27, 2012 Novikov 50a Berkeley Street, W1J 8HA T NW1 7JN , Tel: 020 7387 5277 FOOD *** SERVICE *** ATMOSPHERE **** Cost per person without wine: £50 It’s Russian, it’s huge, it’s in Mayfair and it has doormen inside and out, guarding its two restaurants and thumping bar. To me this sounded dubious, a blingy hangar [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 23, 2012 FINANCIAL TIMES LONDON STOCK EXCHANGE DRAWS FIRE OVER BORSA SYNERGIES The LSE’s takeover of the Milan bourse five years ago “has not fulfilled expectations either in Italy or London” in terms of stimulating cross-border capital flows or increased investment in Italian companies, the Italian securities regulator has claimed. QUINN CASE THROWS LIGHT ON IRISH BANKING [...]
DAVID CAMERON PERFORMS BONUS U-TURN AT TOP BUSINESS SUMMIT February 23, 2012 TO MANSION House for a royal visit from HRH the Prince of Wales and Prime Minister David Cameron, who were all there for the Business in the Community summit. Cameron used his speech to claim that big business was a “powerful force for social progress” and to launch a scathing attack on “anti-business snobbery”. But [...]
Blues stuck in a crisis, admits Cech February 22, 2012 Chelsea keeper says players to blame for Napoli defeat that threatens manager Villas-Boas CHELSEA goalkeeper Petr Cech admits the club is in the midst of a crisis and says “silly mistakes” were to blame for the defeat to Napoli that has nudged manager Andre Villas-Boas ever closer to the sack. Tuesday’s 3-1 reverse in Italy [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 22, 2012 FINANCIAL TIMES RUSSIAN LINK IN FRAUD CLAIM A $150m fraud allegedly attempted by a former fund manager at Threadneedle Asset Management is linked to a trade in more than a billion Argentinian warrants by former staff at Otkritie, the Russian financial services group. Threadneedle confirmed on Tuesday that a former trader had been dismissed in [...]
Arsenal urged to consider rights issue to protect £50m war chest February 20, 2012 STRUGGLING Arsenal were last night urged to consider issuing new shares in a bid to bolster their finances and free up cash for new players. The Gunners are poised to confirm more healthy financial results, with last summer’s sales of Cesc Fabregas and Samir Nasri swelling their available cash to £50m. But that could be [...]
Fizz to fall out of Carlsberg profits in 2012 February 20, 2012 DANISH brewer Carlsberg yesterday warned its operating profits will be flat in 2012, hit by declining beer markets in northern and western Europea while its biggest market, Russia, will show a slow recovery. The world’s fourth largest brewer said yesterday it expects the Russian beer market to return to modest growth this year after a [...]
Remember Greece is not the only problem February 20, 2012 IF I’m getting sick of talking about Greece, I’m pretty sure you are just as sick of hearing about it. The thing that worries me more about the news fatigue around the Eurozone crisis is that we are about to become horribly complacent. Once Greece comes to a head, there’s bound to be another issue [...]
Chelsea at odds over Villas-Boas February 16, 2012 Manager admits squad is divided over his approach as Blues battle to finish in top four UNDER-FIRE Chelsea manager Andre Villas-Boas admits he is battling a divided dressing room – but insists owner Roman Abramovich still has faith in him. Villas-Boas is under increasing pressure, with the Blues on course to miss out on Champions [...]