Pizza and pasta restaurants continue to flourish in the capital, here are some of the top new openings February 7, 2017 Dough-nt settle for anything than the best pizza and pasta. 1. Hai Cenato 2 Sir Simon Milton Square, SW1E 5DJ Victoria’s new Nova development is now open, housing over a dozen restaurants, including Hai Cenato, an Italian from globetrotting chef Jason Atherton. The Pollen Street Social and Berners Tavern owner will serve up a wide [...]
New Look suffers “disappointing” sales drop during crucial Christmas shopping period February 7, 2017 New Look did not have a very merry Christmas, failing to bag a sales boost during the most important period of the year for retailers. The figures New Look said group like-for-like sales fell 4.6 per cent in the 13 weeks to 24 December, with sales in the UK down 4.7 per cent on the same [...]
21st Century Fox beats earnings forecasts thanks to US election boost February 6, 2017 The heated US presidential race provided a boost to 21st Century Fox as the Murdoch-controlled firm beat earnings forecasts. Revenues rose four per cent to $7.68bn (£6.2bn) for the three months ending in December, just short of forecasts. Operating income rose 27 per cent to $857m, compared to $674m for the same period a year [...]
It’s lift off for Uber’s flying cars with a major hire from Nasa February 6, 2017 Think flying cars are just a pie in the sky idea? Think again. Uber is working on creating driverless cars and has already hinted at more sci-fi ambitions for airborne vehicles, but now its made a serious new hire to lead such technological development. And where else would you find someone to do such futuristic work? Nasa, [...]
Payday lender Wonga set to offload European unit BillPay for £60m this week February 6, 2017 Payday lender Wonga is set to announce the sale of a large chunk of its European operations later this week. The group will offload BillPay, one of its most valuable units, to Swedish e-commerce firm Klarna for around £60m, Sky News first reported. Klarna operates in Germany, Austria, the Netherlands and Switzerland, while Wonga continues to trade in countries [...]
Picture perfect: A photography tour of the Caribbean island of St Lucia February 3, 2017 So if my aperture is f/3.5 and my shutter speed is 1/125th of a second, what should my ISO be if I want to properly expose this image?” “Four…hun…dred?” I ventured timidly. “Nooooo,” Kirk said, as we took a pew in a cathedral in Castries. To the casual passerby, he must have sounded like he [...]
Renters rejoice: Homelet predicts a fall in housing costs for February February 3, 2017 London renters don't often have much to smile about: crazy demand to see 'cosy' apartments, sky-high agency fees (although they will soon be a thing of the past), and the endless march of rents taking an ever-larger chunk of our pay…until now. Renters in the capital may get a small respite this month, with Homelet [...]
7 things to know from the government’s Heathrow expansion plans February 2, 2017 By now you may have heard the government has set out its draft national policy statement for Heathrow expansion, kicking off a 16-week consultation. But what's this about and what does it mean for Heathrow's third runway? Read more: Government to unveil Heathrow third runway national policy statement 1. Now's the time to air your views [...]
Facebook’s profit rockets despite a jury ruling against its VR firm Oculus February 1, 2017 Facebook's profits shot sky high in 2016, but a jury decided tonight it will pay $500m for its virtual-reality firm Oculus, which came under fire for breaking a non-disclosure agreement. The figures Facebooks profit rose 177 per cent to $10.2bn (£8.1bn) for the year ended 31 December. Revenue for the fourth quarter was up 51 per cent to $8.8bn, [...]
Owners of telephone mast giant Arqiva said to keep options open amid sale reports February 1, 2017 Telephone mast giant Arqiva could still be set for a stock market flotation, according to sources with knowledge of its situation. It emerged last night that Arqiva’s owners, including Australian investment bank Macquarie and the Canadian Pension Plan Investment Board, could be seeking to sell the company. Read more: Cheeky IPO? Nando's is considering a float [...]